We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
Thursday, 20 December 12
COAL CLOSING IN ON OIL AS WORLD'S TOP ENERGY SOURCE BY 2017
 COALspot.com - Coal’s share of the global energy mix continues to rise, and by 2017 coal will come close to surpassing oil as the world’s top energy source, the International Energy Agency (IEA) said today as it released its annual Medium-Term Coal Market Report (MCMR).
According to IEA, coal’s share of global energy mix to continue rising, with coal closing in on oil as world’s top energy source by 2017.
IEA’s Medium-Term Coal Market Report sees coal demand increasing in nearly every region of the world except US, where shale gas is displacing coal
The report further said, although the growth rate of coal slows from the breakneck pace of the last decade, global coal consumption by 2017 stands at 4.32 billion tonnes of oil equivalent (btoe), versus around 4.40 btoe for oil, based on IEA medium-term projections. The IEA expects that coal demand will increase in every region of the world except in the United States, where coal is being pushed out by natural gas.
“Thanks to abundant supplies and insatiable demand for power from emerging markets, coal met nearly half of the rise in global energy demand during the first decade of the 21st Century,” said IEA Executive Director Maria van der Hoeven.
“This report sees that trend continuing. In fact, the world will burn around 1.2 billion more tonnes of coal per year by 2017 compared to today – equivalent to the current coal consumption of Russia and the United States combined. Coal’s share of the global energy mix continues to grow each year, and if no changes are made to current policies, coal will catch oil within a decade.”
According to report, China and India lead the growth in coal consumption over the next five years. The report says China will surpass the rest of the world in coal demand during the outlook period, while India will become the largest seaborne coal importer and second-largest consumer, surpassing the United States.
The report further said, as US coal demand declines, more US coal is going to Europe, where low CO2 prices and high gas prices are increasing the competitiveness of coal in the power generation system. This trend, however, is close to peaking, and coal demand by 2017 in Europe is projected to drop to levels slightly above those in 2011, due to increasing renewable generation and decommissioning of old coal plants.
Amid concern about the impact of Chinese uncertainty on coal markets, the report offers a Chinese Slowdown Case. This scenario shows that even if Chinese GDP growth were to slow to a 4.6% average over the period, coal demand would still increase both globally and in China – indicating that coal demand is not likely to stop growing even with more bearish economic perspectives.
Indonesian coal will be benefitted for at least next five years, as China and India to lead the growth in coal consumption. Chinese and Indian buyers always prefered for Indonesian coal due to availability of multi-grade coal and freight benefits.
The current the low coal prices is expected to be turn around to positive once the China and India return to its normal demand level.
Year 2013, is expected to be seller’s year once China and India back to market with their inquiries and coal producing countries control their coal output.
If you believe an article violates your rights or the rights of others, please contact us.
|
|
Friday, 16 November 12
HANDY : IRON ORE WAS QUIET AND RATES FROM INDIA TO CHINA AROUND USD 5500
Handy
The Atlantic was weak with more supply of ships. Rates from Continent/ Feast at USD 9000 and from USG/China at USD 15k. The Pacific market re ...
Wednesday, 14 November 12
AUSTRALIAN NEWCASTLE PORT HAS LOADED 11.14 PERCENT MORE COAL W-W
COALspot.com - Newcastle port in Australia has loaded 3,100,686 MT of thermal and coking coal for week ended – 0700 hours 12 November 2012, Ne ...
Tuesday, 13 November 12
INITIAL COAL PRODUCTION AT KATINGAN RIA ON TRACK FOR 2013 FOLLOWING GRANTING OF 'IN PRINCIPLE' FORESTRY PERMIT, INDONESIA
Realm Resources Ltd (“Realm” or the “Company” - ASX: RRP) has announced that its application to upgrade its exploration fore ...
Tuesday, 13 November 12
BULK PORTS & TECHNOLOGY ASIA 2013
Press Release - TOC Events are pleased to announce a new addition to our global portfolio with the launch of the inaugural Bulk Ports & Technolo ...
Monday, 12 November 12
THE ESTABLISHMENT OF NORTH KALIMANTAN AS A NEW PROVINCE WILL NOT AFFECT THE LOCAL MINING COMPANIES
The government of Indonesia has ensured that the establishment of North Kalimantan as a new province will not affect the local mining companies ...
|
|
|
Showing 4501 to 4505 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Grasim Industreis Ltd - India
- SMC Global Power, Philippines
- Maharashtra Electricity Regulatory Commission - India
- Parry Sugars Refinery, India
- Semirara Mining and Power Corporation, Philippines
- Indian Energy Exchange, India
- Meenaskhi Energy Private Limited - India
- Kobexindo Tractors - Indoneisa
- Makarim & Taira - Indonesia
- Kaltim Prima Coal - Indonesia
- PNOC Exploration Corporation - Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Salva Resources Pvt Ltd - India
- SMG Consultants - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Aditya Birla Group - India
- Jorong Barutama Greston.PT - Indonesia
- Metalloyd Limited - United Kingdom
- Krishnapatnam Port Company Ltd. - India
- Indogreen Group - Indonesia
- Independent Power Producers Association of India
- Riau Bara Harum - Indonesia
- Deloitte Consulting - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- OPG Power Generation Pvt Ltd - India
- Sarangani Energy Corporation, Philippines
- Sindya Power Generating Company Private Ltd
- Gujarat Sidhee Cement - India
- Bangladesh Power Developement Board
- Romanian Commodities Exchange
- TNB Fuel Sdn Bhd - Malaysia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Kapuas Tunggal Persada - Indonesia
- Kepco SPC Power Corporation, Philippines
- Africa Commodities Group - South Africa
- Economic Council, Georgia
- Mjunction Services Limited - India
- Maheswari Brothers Coal Limited - India
- Directorate Of Revenue Intelligence - India
- Standard Chartered Bank - UAE
- Siam City Cement PLC, Thailand
- Orica Australia Pty. Ltd.
- Bukit Asam (Persero) Tbk - Indonesia
- ICICI Bank Limited - India
- Attock Cement Pakistan Limited
- Renaissance Capital - South Africa
- Medco Energi Mining Internasional
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Commonwealth Bank - Australia
- Chettinad Cement Corporation Ltd - India
- Ambuja Cements Ltd - India
- GVK Power & Infra Limited - India
- Bhoruka Overseas - Indonesia
- Mercator Lines Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- Carbofer General Trading SA - India
- Asmin Koalindo Tuhup - Indonesia
- London Commodity Brokers - England
- Australian Commodity Traders Exchange
- Cement Manufacturers Association - India
- The University of Queensland
- Ministry of Finance - Indonesia
- Videocon Industries ltd - India
- Posco Energy - South Korea
- CNBM International Corporation - China
- Miang Besar Coal Terminal - Indonesia
- Altura Mining Limited, Indonesia
- Essar Steel Hazira Ltd - India
- Sakthi Sugars Limited - India
- Siam City Cement - Thailand
- Power Finance Corporation Ltd., India
- Dalmia Cement Bharat India
- VISA Power Limited - India
- IEA Clean Coal Centre - UK
- GN Power Mariveles Coal Plant, Philippines
- Pendopo Energi Batubara - Indonesia
- PTC India Limited - India
- Coal and Oil Company - UAE
- Price Waterhouse Coopers - Russia
- Holcim Trading Pte Ltd - Singapore
- San Jose City I Power Corp, Philippines
- Sinarmas Energy and Mining - Indonesia
- TeaM Sual Corporation - Philippines
- Kartika Selabumi Mining - Indonesia
- Ministry of Mines - Canada
- Meralco Power Generation, Philippines
- Binh Thuan Hamico - Vietnam
- Thiess Contractors Indonesia
- New Zealand Coal & Carbon
- Bhatia International Limited - India
- SN Aboitiz Power Inc, Philippines
- Madhucon Powers Ltd - India
- Anglo American - United Kingdom
- Iligan Light & Power Inc, Philippines
- Chamber of Mines of South Africa
- Xindia Steels Limited - India
- Oldendorff Carriers - Singapore
- GMR Energy Limited - India
- Ceylon Electricity Board - Sri Lanka
- South Luzon Thermal Energy Corporation
- Heidelberg Cement - Germany
- Timah Investasi Mineral - Indoneisa
- Central Electricity Authority - India
- Therma Luzon, Inc, Philippines
- Central Java Power - Indonesia
- Global Coal Blending Company Limited - Australia
- Intertek Mineral Services - Indonesia
- Mercuria Energy - Indonesia
- Ind-Barath Power Infra Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Eastern Energy - Thailand
- Port Waratah Coal Services - Australia
- Aboitiz Power Corporation - Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Trasteel International SA, Italy
- Semirara Mining Corp, Philippines
- Indian Oil Corporation Limited
- Directorate General of MIneral and Coal - Indonesia
- The State Trading Corporation of India Ltd
- Cigading International Bulk Terminal - Indonesia
- Latin American Coal - Colombia
- Larsen & Toubro Limited - India
- Bukit Makmur.PT - Indonesia
- Agrawal Coal Company - India
- Manunggal Multi Energi - Indonesia
- Marubeni Corporation - India
- Coastal Gujarat Power Limited - India
- Energy Link Ltd, New Zealand
- Interocean Group of Companies - India
- Sree Jayajothi Cements Limited - India
- Leighton Contractors Pty Ltd - Australia
- GAC Shipping (India) Pvt Ltd
- IHS Mccloskey Coal Group - USA
- Global Green Power PLC Corporation, Philippines
- Toyota Tsusho Corporation, Japan
- Planning Commission, India
- MS Steel International - UAE
- Savvy Resources Ltd - HongKong
- Australian Coal Association
- Banpu Public Company Limited - Thailand
- Rashtriya Ispat Nigam Limited - India
- Goldman Sachs - Singapore
- Karaikal Port Pvt Ltd - India
- Bharathi Cement Corporation - India
- Formosa Plastics Group - Taiwan
- Offshore Bulk Terminal Pte Ltd, Singapore
- Straits Asia Resources Limited - Singapore
- Electricity Authority, New Zealand
- White Energy Company Limited
- Karbindo Abesyapradhi - Indoneisa
- The Treasury - Australian Government
- Jindal Steel & Power Ltd - India
- PowerSource Philippines DevCo
- Orica Mining Services - Indonesia
- Sojitz Corporation - Japan
- Bahari Cakrawala Sebuku - Indonesia
- Malabar Cements Ltd - India
- Electricity Generating Authority of Thailand
- Jaiprakash Power Ventures ltd
- AsiaOL BioFuels Corp., Philippines
- Wood Mackenzie - Singapore
- Energy Development Corp, Philippines
- Alfred C Toepfer International GmbH - Germany
- Vijayanagar Sugar Pvt Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Indonesian Coal Mining Association
- Borneo Indobara - Indonesia
- Merrill Lynch Commodities Europe
- Globalindo Alam Lestari - Indonesia
- Sical Logistics Limited - India
- Bulk Trading Sa - Switzerland
- Baramulti Group, Indonesia
- Global Business Power Corporation, Philippines
- Ministry of Transport, Egypt
- India Bulls Power Limited - India
- Billiton Holdings Pty Ltd - Australia
- Indo Tambangraya Megah - Indonesia
- Kumho Petrochemical, South Korea
- Edison Trading Spa - Italy
- European Bulk Services B.V. - Netherlands
- LBH Netherlands Bv - Netherlands
- Mintek Dendrill Indonesia
- Star Paper Mills Limited - India
- Vizag Seaport Private Limited - India
- Rio Tinto Coal - Australia
- Wilmar Investment Holdings
- Bukit Baiduri Energy - Indonesia
- Kideco Jaya Agung - Indonesia
- Simpson Spence & Young - Indonesia
- Bhushan Steel Limited - India
- Eastern Coal Council - USA
- Antam Resourcindo - Indonesia
- International Coal Ventures Pvt Ltd - India
- Coalindo Energy - Indonesia
- Uttam Galva Steels Limited - India
- Gujarat Electricity Regulatory Commission - India
- Tamil Nadu electricity Board
- Singapore Mercantile Exchange
- Samtan Co., Ltd - South Korea
- ASAPP Information Group - India
- Georgia Ports Authority, United States
- CIMB Investment Bank - Malaysia
- Thai Mozambique Logistica
- Lanco Infratech Ltd - India
- Indika Energy - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Barasentosa Lestari - Indonesia
- Bayan Resources Tbk. - Indonesia
- McConnell Dowell - Australia
- Tata Chemicals Ltd - India
- Petron Corporation, Philippines
- PetroVietnam Power Coal Import and Supply Company
- Minerals Council of Australia
- Parliament of New Zealand
- Vedanta Resources Plc - India
- Kalimantan Lumbung Energi - Indonesia
|
| |
| |
|
