Inner Mongolia Autonomous Region, China's leading coal production base, has kicked its production into high gear to meet heating needs as cold waves send temperatures plunging in the country.

The country imported 10.83 million tonnes of thermal coal in November, the Coalmint data showed, compared with 12.03 million tonnes in October and 9.45 million tonnes in November 2021.

South African government has projected a funding gap of $40 billion (279.1 billion yuan) in its energy transition plans from coal to clean energy.

"We hope the center will play a key role in promoting low-carbon infrastructure in China."

Vietnam, which is among the world's top 20 coal users, was initially slated to sign up for the so-called just energy transition partnership with G7 nations at a global COP27 climate summit in November, but high-level talks broke off before the meeting.

The recent operation of China's largest coal-bed methane field in Qinshui county in Jincheng city has made the headlines of the energy industry in Shanxi province.

Posco's initiatives are in line with South Korea's hydrogen roadmap as the country aims to establish large-scale domestic and overseas production bases and achieve 7.1pc of clean hydrogen power generation by 2036.

US third-quarter shipments to India almost trebled year on year to 1.7mn t. Shipments to Brazil were 27.3pc higher on the year, at 1.5mn t.