As nuclear policies in Poland and other Eastern European countries appear to collide with those of some Western European states, the future of industrial progress and economic growth appears to be rising in the east and setting in the west.
Platts reported that coal miners in Poland will invest about $1.26 billion to build new capacity for coal-fired power generation.
Platts reported that Polish miner Bogdanka produced 5.8 million mt of coal in 2011.
Platts reported that lower coal production means Poland's coal exports for 2011 are likely to be 50% lower than last year.
Columbus Energy Limited (CVE:CEL) announced that good progress is being made towards the restart of a Polish coal mine.
Platts reported that Jastrzebska Spolka Weglowa will carry an opening price of Zloty 136 per share.
Platts reported that coal production from Polish state-owned mines was down in first quarter 2011.
Bloomberg reported that a Polish fertilizer company is considering switching away from coal power.
CNBC News reported that coal miners in Poland halted work for one day to show their stand against the privatization of mines.
Total began searching for a new joint venture partner to take a share of a shale gas exploration permit in France. The zone covered by the French permit obtained in March 2010, could contain up to 2,380 billion cubic meters of gas, this amount estimated by multiplying the average gas level in the area by the surface area.
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