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  • WORLD

    China to close 1,000 coal mines

    Reuters, Published on 22/02/2016

    » BEIJING — China will aim to close more than 1,000 coal mines over the course of this year, with a total production capacity of 60 million tonnes, as part of its plans to tackle a price-sapping supply glut in the sector, the country's energy regulator said.

  • BUSINESS

    IEA sees oil market rebalancing in 2017

    Reuters, Published on 22/02/2016

    » Oil markets will begin to rebalance in 2017 thanks to falling US production but that decline will prove short-lived as efficiency gains will push US output to new records by the beginning of the next decade.

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