COALspot.com keeps you connected across the coal world

Submit Your Articles
We welcome article submissions from experts in the areas of coal, mining, shipping, etc.

To Submit your article please click here.

International Energy Events


Search News
Latest CoalNews Headlines
Wednesday, 10 June 15
WORLD COAL MARKET HEADING TO NEW EQUILIBRIUM: MINISTER - JAKARTA POST
Jakarta post logoEnergy and Mineral Resources Minister Sudirman Said has said the world’s coal market is heading towards a new balance, which will make Indonesia’s national coal industry more efficient.

"Declines in coal prices during the last several years have pushed markets to normalization because what previously occurred were abnormal profits,” he said as quoted by Antara news agency during the 21st Coaltrans Asia conference in Nusa Dua, Bali, on Monday.

Sudirman said coal prices, which had skyrocketed to above US$100 per ton, had led many industrial players to get large profits. However, the large profits they obtained in a short time had led to bad behavior from coal businesspeople or government officials.

“It has been proven that this condition has led to environmental destruction and corrupt practices in many regions across the country,” said the minister.

He said the current low coal price, around $64 per ton, would force coal producers to carry out internal consolidation.

“This will be a good situation to ‘educate’ companies to be more efficient, adhere to the law and be more committed to carrying out everything with scientific approaches,” said Sudirman.

He said it was proven that with the consolidation, national coal producers could survive. Even if the coal price was low, national coal production continued to increase.

“This shows that a low price does not affect the selling of coal,” he said.

In 2014, the realized non-tax revenues (PNBP) from coal accounted for 81 percent of total realized PNBP from the coal and mineral resources sub-sector, which reached Rp 32.3 trillion ($2.4 billion).

Sudirman said he was optimistic that consolidation efforts would push the development of the domestic coal market, which was in line with the government’s policy of adding power plants with a capacity of 35,000 megawatts.

“Around 60 percent of the additional electricity capacity will be supplied by coal-powered plants,” he said.

The minister said it was hoped that the policy would increase the domestic coal market from between 80-90 million tons to 250 million tons in 2019. (ebf)


If you believe an article violates your rights or the rights of others, please contact us.

Recent News

Thursday, 11 June 15
IS COAL INDUSTRY GOING TO HIT A BRICK WALL?
COALspot.com - The Director General of Mineral and Coal of Indonesia revised down Indonesian coal benchmark price once again to US$ 59.59 per MT fo ...


Wednesday, 10 June 15
TANKER MARKET INSIGHT - STELIOS KOLLINTZAS
As we go through the end of the 2nd quarter of the year it is evident that the tanker shipping markets have been rewarding and definitely been show ...


Wednesday, 10 June 15
FOB INDONESIA COAL SWAP ROSE W-O-W AND M-O-M
COALspot.com: Indonesian coal swap for delivery Q3 2015 gains month on month and week over week, this past week. The Q3 swap was climbed by $ ...


Tuesday, 09 June 15
GLOBALCOAL IMPLEMENTS VOLUMETRIC SIZE LIMITS IN RICHARDS BAY MARKET
COALspot.com: globalCOAL today announced that following recent market consultation, it will limit bids, offers and trades in the fixed price Phys R ...


Tuesday, 09 June 15
FOB RICHARDS BAY COAL SWAPS DECLINED M-O-M, W-O-W
COALspot.com: API4 FOB Richards Bay Coal swap for delivery Q3' 2015 declined month over month and week over week. The Q3 swap was fell US$ ...


   595 596 597 598 599   
Showing 2981 to 2985 news of total 6871
News by Category
Popular News
 
Total Members : 28,705
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

  • RBS Sempra - UK
  • Fearnleys - India
  • Merrill Lynch Bank
  • Makarim & Taira - Indonesia
  • Tata Power - India
  • Jindal Steel & Power Ltd - India
  • Bahari Cakrawala Sebuku - Indonesia
  • Medco Energi Mining Internasional
  • Port Waratah Coal Services - Australia
  • GMR Energy Limited - India
  • Samtan Co., Ltd - South Korea
  • Australian Coal Association
  • Coeclerici Indonesia
  • IOL Indonesia
  • Bhoruka Overseas - Indonesia
  • IBC Asia (S) Pte Ltd
  • Adani Power Ltd - India
  • Indonesian Coal Mining Association
  • Mintek Dendrill Indonesia
  • Sucofindo - Indonesia
  • Thriveni
  • Moodys - Singapore
  • Karaikal Port Pvt Ltd - India
  • Xstrata Coal
  • World Coal - UK
  • Credit Suisse - India
  • Carbofer General Trading SA - India
  • Rudhra Energy - India
  • Truba Alam Manunggal Engineering.Tbk - Indonesia
  • Shenhua Group - China
  • Maruti Cements - India
  • CIMB Investment Bank - Malaysia
  • Renaissance Capital - South Africa
  • Independent Power Producers Association of India
  • Bank of America
  • Global Business Power Corporation, Philippines
  • Platts
  • IMC Shipping - Singapore
  • JPMorgan - India
  • IHS Mccloskey Coal Group - USA
  • Edison Trading Spa - Italy
  • Semirara Mining and Power Corporation, Philippines
  • Coastal Gujarat Power Limited - India
  • Kohat Cement Company Ltd. - Pakistan
  • Coal India Limited
  • MEC Coal - Indonesia
  • Gresik Semen - Indonesia
  • Romanian Commodities Exchange
  • Singapore Mercantile Exchange
  • Britmindo - Indonesia
  • Aboitiz Power Corporation - Philippines
  • Barclays Capital - USA
  • International Coal Ventures Pvt Ltd - India
  • Anglo American - United Kingdom
  • GAC Shipping (India) Pvt Ltd
  • IEA Clean Coal Centre - UK
  • NTPC Limited - India
  • Bhushan Steel Limited - India
  • Qatrana Cement - Jordan
  • Cardiff University - UK
  • MS Steel International - UAE
  • Reliance Power - India
  • Jatenergy - Australia
  • McKinsey & Co - India
  • J M Baxi & Co - India
  • Price Waterhouse Coopers - Russia
  • Bank of China, Malaysia
  • ETA - Dubai
  • South Luzon Thermal Energy Corporation
  • ANZ Bank - Australia
  • SUEK AG - Indonesia
  • Total Coal South Africa
  • Gupta Coal India Ltd
  • Sarangani Energy Corporation, Philippines
  • Miang Besar Coal Terminal - Indonesia
  • U S Energy Resources
  • Humpuss - Indonesia
  • Interocean Group of Companies - India
  • TANGEDCO India
  • Kideco Jaya Agung - Indonesia
  • Argus Media - Singapore
  • Coal and Oil Company - UAE
  • The State Trading Corporation of India Ltd
  • Bangkok Bank PCL
  • Vale Mozambique
  • CoalTek, United States
  • Energy Development Corp, Philippines
  • Peabody Energy - USA
  • PLN - Indonesia
  • Barasentosa Lestari - Indonesia
  • The University of Queensland
  • Ministry of Finance - Indonesia
  • KPCL - India
  • TeaM Sual Corporation - Philippines
  • Tamil Nadu electricity Board
  • Toyota Tsusho Corporation, Japan
  • Bukit Baiduri Energy - Indonesia
  • Sinarmas Energy and Mining - Indonesia
  • Kalimantan Lumbung Energi - Indonesia
  • San Jose City I Power Corp, Philippines
  • Alfred C Toepfer International GmbH - Germany
  • EIA - United States
  • KEPCO - South Korea
  • Offshore Bulk Terminal Pte Ltd, Singapore
  • GVK Power & Infra Limited - India
  • Mitra SK Pvt Ltd - India
  • KPMG - USA
  • Intertek Mineral Services - Indonesia
  • Vijayanagar Sugar Pvt Ltd - India
  • Idemitsu - Japan
  • KOWEPO - South Korea
  • Economic Council, Georgia
  • Kaltim Prima Coal - Indonesia
  • Cement Manufacturers Association - India
  • Pipit Mutiara Jaya. PT, Indonesia
  • TNPL - India
  • Parry Sugars Refinery, India
  • Thai Mozambique Logistica
  • Vedanta Resources Plc - India
  • DBS Bank - Singapore
  • Minerals Council of Australia
  • Mercuria Energy - Indonesia
  • Sojitz Corporation - Japan
  • Trasteel International SA, Italy
  • APGENCO India
  • Freeport Indonesia
  • Parliament of New Zealand
  • Timah Investasi Mineral - Indoneisa
  • CESC Limited - India
  • Cigading International Bulk Terminal - Indonesia
  • Coaltrans Conferences
  • HSBC - Hong Kong
  • Vizag Seaport Private Limited - India
  • Eastern Energy - Thailand
  • Metalloyd Limited - United Kingdom
  • Globalindo Alam Lestari - Indonesia
  • European Bulk Services B.V. - Netherlands
  • Savvy Resources Ltd - HongKong
  • Clarksons - UK
  • Ministry of Mines - Canada
  • Deutsche Bank - India
  • Wilmar Investment Holdings
  • Arch Coal - USA
  • Australian Commodity Traders Exchange
  • Electricity Generating Authority of Thailand
  • bp singapore
  • Vitol - Bahrain
  • Jaiprakash Power Ventures ltd
  • Bukit Makmur.PT - Indonesia
  • Ernst & Young Pvt. Ltd.
  • Thiess Contractors Indonesia
  • Kobexindo Tractors - Indoneisa
  • Antam Resourcindo - Indonesia
  • Adaro Indonesia
  • Chamber of Mines of South Africa
  • White Energy Company Limited
  • Platou - Singapore
  • Sical Logistics Limited - India
  • Geoservices-GeoAssay Lab
  • Shree Cement - India
  • Asia Cement - Taiwan
  • TNB Fuel Sdn Bhd - Malaysia
  • SRK Consulting
  • TGV SRAAC LIMITED, India
  • ICICI Bank Limited - India
  • ASAPP Information Group - India
  • Sakthi Sugars Limited - India
  • Central Electricity Authority - India
  • Maheswari Brothers Coal Limited - India
  • Madhucon Powers Ltd - India
  • Xindia Steels Limited - India
  • Mechel - Russia
  • Africa Commodities Group - South Africa
  • India Bulls Power Limited - India
  • Formosa Plastics Group - Taiwan
  • Leighton Contractors Pty Ltd - Australia
  • Videocon Industries ltd - India
  • Jorong Barutama Greston.PT - Indonesia
  • Mitsubishi Corporation
  • JPower - Japan
  • Petrosea - Indonesia
  • PetroVietnam
  • Maharashtra Electricity Regulatory Commission - India
  • Rashtriya Ispat Nigam Limited - India
  • Tata Chemicals Ltd - India
  • Malabar Cements Ltd - India
  • Oldendorff Carriers - Singapore
  • Indian Oil Corporation Limited
  • Ind-Barath Power Infra Limited - India
  • Gujarat Mineral Development Corp Ltd - India
  • Infraline Energy - India
  • The India Cements Ltd
  • Heidelberg Cement - Germany
  • SASOL - South Africa
  • Directorate General of MIneral and Coal - Indonesia
  • VISA Power Limited - India
  • Gujarat Electricity Regulatory Commission - India
  • Gujarat Sidhee Cement - India
  • Runge Indonesia
  • Bangladesh Power Developement Board
  • Semirara Mining Corp, Philippines
  • Berau Coal - Indonesia
  • Indian Energy Exchange, India
  • PowerSource Philippines DevCo
  • ING Bank NV - Singapore
  • The Treasury - Australian Government
  • Baramulti Group, Indonesia
  • OCBC - Singapore
  • Thailand Anthracite
  • Asmin Koalindo Tuhup - Indonesia
  • AsiaOL BioFuels Corp., Philippines
  • Meenaskhi Energy Private Limited - India
  • Petrochimia International Co. Ltd.- Taiwan
  • Russian Coal LLC
  • TRAFIGURA, South Korea
  • Latin American Coal - Colombia
  • Star Paper Mills Limited - India
  • Merrill Lynch Commodities Europe
  • ACC Limited - India
  • Attock Cement Pakistan Limited
  • Glencore India Pvt. Ltd
  • Lanco Infratech Ltd - India
  • Electricity Authority, New Zealand
  • Bayan Resources Tbk. - Indonesia
  • Panama Canal Authority
  • Thermax Limited - India
  • Indo Tambangraya Megah - Indonesia
  • Agrawal Coal Company - India
  • Mercator Lines Limited - India
  • Global Green Power PLC Corporation, Philippines
  • Deloitte Consulting - India
  • CNBM International Corporation - China
  • Directorate Of Revenue Intelligence - India
  • Billiton Holdings Pty Ltd - Australia
  • PLN Batubara - Indonesia
  • Malco - India
  • Mjunction Services Limited - India
  • Binh Thuan Hamico - Vietnam
  • Kumho Petrochemical, South Korea
  • Ceylon Electricity Board - Sri Lanka
  • Uttam Galva Steels Limited - India
  • Asian Development Bank
  • Indika Energy - Indonesia
  • Meralco Power Generation, Philippines
  • Borneo Indobara - Indonesia
  • Neyveli Lignite Corporation Ltd, - India
  • Salva Resources Pvt Ltd - India
  • Essar Steel Hazira Ltd - India
  • Goldman Sachs - Singapore
  • WorleyParsons
  • NALCO India
  • Standard Chartered Bank - UAE
  • Filglen & Citicon Mining (HK) Ltd - Hong Kong
  • Therma Luzon, Inc, Philippines
  • UOB Asia (HK) Ltd
  • Krishnapatnam Port Company Ltd. - India
  • Pinang Coal Indonesia
  • World Bank
  • Planning Commission, India
  • Grasim Industreis Ltd - India
  • Georgia Ports Authority, United States
  • Noble Europe Ltd - UK
  • Siam City Cement - Thailand
  • EMO - The Netherlands
  • Mitsui
  • Kobe Steel Ltd - Japan
  • Dr Ramakrishna Prasad Power Pvt Ltd - India
  • Lafarge - France
  • Bulk Trading Sa - Switzerland
  • Petron Corporation, Philippines
  • Indogreen Group - Indonesia
  • Orica Australia Pty. Ltd.
  • Global Coal Blending Company Limited - Australia
  • Enel Italy
  • Cemex - Philippines
  • Commonwealth Bank - Australia
  • GN Power Mariveles Coal Plant, Philippines
  • Kepco SPC Power Corporation, Philippines
  • Kapuas Tunggal Persada - Indonesia
  • Thomson Reuters GRC
  • Arutmin Indonesia
  • Inco-Indonesia
  • Maersk Broker
  • GHCL Limited - India
  • Karbindo Abesyapradhi - Indoneisa
  • Manunggal Multi Energi - Indonesia
  • Riau Bara Harum - Indonesia
  • GB Group - China
  • Samsung - South Korea
  • Indorama - Singapore
  • Indian School of Mines
  • SGS (Thailand) Limited
  • Ambuja Cements Ltd - India
  • Holcim Trading Pte Ltd - Singapore
  • PetroVietnam Power Coal Import and Supply Company
  • Simpson Spence & Young - Indonesia
  • Bukit Asam (Persero) Tbk - Indonesia
  • BNP Paribas - Singapore
  • Banpu Public Company Limited - Thailand
  • Indonesia Power. PT
  • CCIC - Indonesia
  • Energy Link Ltd, New Zealand
  • New Zealand Coal & Carbon
  • Maybank - Singapore
  • London Commodity Brokers - England
  • McConnell Dowell - Australia
  • Core Mineral Indonesia
  • Chettinad Cement Corporation Ltd - India
  • Permata Bank - Indonesia
  • Sindya Power Generating Company Private Ltd
  • Ince & co LLP
  • Inspectorate - India
  • OPG Power Generation Pvt Ltd - India
  • LBH Netherlands Bv - Netherlands
  • Dong Bac Coal Mineral Investment Coporation - Vietnam
  • Surastha Cement
  • Asia Pacific Energy Resources Ventures Inc, Philippines
  • Eastern Coal Council - USA
  • Iligan Light & Power Inc, Philippines
  • Coalindo Energy - Indonesia
  • Wood Mackenzie - Singapore
  • Rio Tinto Coal - Australia
  • Posco Energy - South Korea
  • Coal Orbis AG
  • Bank of Tokyo Mitsubishi UFJ Ltd
  • Japan Coal Energy Center
  • Ministry of Transport, Egypt
  • Tanito Harum - Indonesia
  • SMC Global Power, Philippines
  • Central Java Power - Indonesia
  • Orica Mining Services - Indonesia
  • globalCOAL - UK
  • Aditya Birla Group - India
  • PNOC Exploration Corporation - Philippines
  • Cosco
  • Bharathi Cement Corporation - India
  • Altura Mining Limited, Indonesia
  • GNFC Limited - India
  • UBS Singapore
  • SN Aboitiz Power Inc, Philippines
  • Cebu Energy, Philippines
  • PTC India Limited - India
  • Power Finance Corporation Ltd., India
  • Pendopo Energi Batubara - Indonesia
  • Siam City Cement PLC, Thailand
  • Larsen & Toubro Limited - India
  • Bhatia International Limited - India
  • Kartika Selabumi Mining - Indonesia
  • SMG Consultants - Indonesia
  • Marubeni Corporation - India
  • Straits Asia Resources Limited - Singapore
  • Dalmia Cement Bharat India
  • Sree Jayajothi Cements Limited - India
  • Cargill India Pvt Ltd
  • BRS Brokers - Singapore