We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
Monday, 09 November 15
BUNKER PRICES TO KEEP SLIDING THIS WEEK, EXPERT SAYS - MARINE BUNKER EXCHANGE
 The oil price volatility has continued this week. Two dollars up one day and the next day two dollars down. The oil market has been trading on the same spot for some time now. Technically there is no trend. The market is today at GMT 14:09 Brent $48.26 (-0.32) and WTI $45.86 (-0.46)
The discount in price of oil for immediate delivery relative to that for delivery in a year, or contango, neared its largest diff in nearly two months this week, touching $7 a barrel (Contango means that forward contractual prices are higher than today’s prices). This shows the sentiment of the market, hoping the supply and demand will be more in balance 6 months to 1 year from today.
Ample supply of North Sea crude, which underpins the benchmark futures price, has pushed physical prices to their lowest since June. The contango in Brent futures could widen more than the current levels when looking at the highly oversupplied present physical market.
Contributing to the generally bearish sentiment was an internal OPEC document seen by Reuters that showed weaker demand in the next few years for oil from the group.
OPEC oil ministers will meet on Dec. 4 to decide whether to extend their year-old strategy of allowing prices to fall to slow higher-cost rival supply.
OPEC, along with Russia, is unlikely to change tactics. OPEC and Russia will continue to produce as much as possible in order to squeeze out higher cost producers.
Will it really work?
The reduction in U.S. drillers is like a drop in the Ocean and will not change much as far as the oversupply is concerned. The big three, Russia, OPEC and the U.S., must sit down together and sort out what can be done. As it is now they are all depleting their resources against very little money in the name of market shares.
The dollar surged to a three-month high and European and Asian stock markets dipped on Thursday as expectations hardened of the first rise in U.S. interest rates in almost a decade coming next month.
Federal Reserve chief Janet Yellen and two senior colleagues pointed to December as a “live possibility” for a rise, adding to signs that the U.S. central bank is again on the verge of moving after months of vacillating over the domestic and global economy’s ability to deal with higher borrowing costs.
Source: Marine Bunker Exchange Hellenic Shipping News
If you believe an article violates your rights or the rights of others, please contact us.
|
|
Friday, 05 January 24
BANGLADESH’S 2023 COAL-FIRED POWER OUTPUT TRIPLED, EASING SHORTAGES - REUTERS
Bangladesh nearly tripled its coal-fired power output in 2023, a Reuters analysis of government data showed, helping it tide over the worst power s ...
Tuesday, 02 January 24
COAL TRADE CONTINUES TO HEAD EAST - BALTIC EXCHANGE
The global coal trade, once concentrated in the Pacific and Atlantic basins, is undergoing a significant transformation, as highlighted in the Inte ...
Tuesday, 02 January 24
COAL CARGOES: AVOIDING EXPLOSION AND SELF-HEATING - GARD
KNOWLEDGE TO ELEVATE
Despite its contribution to greenhouse gas emissions, global coal consumption climbed to an all-time high in 2022 and is ...
Tuesday, 02 January 24
SINOPEC FORECASTS CHINA’S COAL CONSUMPTION TO PEAK AROUND 2025 - REUTERS
China Petrochemical Corp, or Sinopec, expects coal consumption to peak around 2025 at 4.37 billion metric tons, the state energy group said in an o ...
Thursday, 07 December 23
CHINA TO SET UP COAL PRODUCTION RESERVE TO STABILISE PRICES - REUTERS
China will establish a back-up coal production system by 2027 to stabilise prices and secure coal supply, the state planner said on Wednesday, even ...
|
|
|
Showing 61 to 65 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Carbofer General Trading SA - India
- Jorong Barutama Greston.PT - Indonesia
- Energy Link Ltd, New Zealand
- Maheswari Brothers Coal Limited - India
- PowerSource Philippines DevCo
- Indika Energy - Indonesia
- Latin American Coal - Colombia
- McConnell Dowell - Australia
- Formosa Plastics Group - Taiwan
- Sical Logistics Limited - India
- Meenaskhi Energy Private Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Bukit Makmur.PT - Indonesia
- Chettinad Cement Corporation Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- Iligan Light & Power Inc, Philippines
- Directorate General of MIneral and Coal - Indonesia
- Coalindo Energy - Indonesia
- Pendopo Energi Batubara - Indonesia
- Standard Chartered Bank - UAE
- Binh Thuan Hamico - Vietnam
- Bhoruka Overseas - Indonesia
- Globalindo Alam Lestari - Indonesia
- Romanian Commodities Exchange
- Mercator Lines Limited - India
- Singapore Mercantile Exchange
- Bulk Trading Sa - Switzerland
- SN Aboitiz Power Inc, Philippines
- Baramulti Group, Indonesia
- Siam City Cement - Thailand
- Attock Cement Pakistan Limited
- Bhushan Steel Limited - India
- White Energy Company Limited
- Jaiprakash Power Ventures ltd
- Maharashtra Electricity Regulatory Commission - India
- Economic Council, Georgia
- Energy Development Corp, Philippines
- Xindia Steels Limited - India
- Jindal Steel & Power Ltd - India
- London Commodity Brokers - England
- Billiton Holdings Pty Ltd - Australia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Uttam Galva Steels Limited - India
- Riau Bara Harum - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Toyota Tsusho Corporation, Japan
- Sarangani Energy Corporation, Philippines
- International Coal Ventures Pvt Ltd - India
- PTC India Limited - India
- Mercuria Energy - Indonesia
- Kartika Selabumi Mining - Indonesia
- MS Steel International - UAE
- Semirara Mining and Power Corporation, Philippines
- Larsen & Toubro Limited - India
- Sree Jayajothi Cements Limited - India
- Essar Steel Hazira Ltd - India
- Samtan Co., Ltd - South Korea
- Orica Mining Services - Indonesia
- Minerals Council of Australia
- Altura Mining Limited, Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- New Zealand Coal & Carbon
- Mjunction Services Limited - India
- Indian Oil Corporation Limited
- Meralco Power Generation, Philippines
- Africa Commodities Group - South Africa
- Pipit Mutiara Jaya. PT, Indonesia
- Krishnapatnam Port Company Ltd. - India
- Mintek Dendrill Indonesia
- IEA Clean Coal Centre - UK
- Kapuas Tunggal Persada - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Siam City Cement PLC, Thailand
- Australian Commodity Traders Exchange
- Parliament of New Zealand
- Global Business Power Corporation, Philippines
- Tata Chemicals Ltd - India
- Metalloyd Limited - United Kingdom
- Star Paper Mills Limited - India
- SMC Global Power, Philippines
- Bayan Resources Tbk. - Indonesia
- Anglo American - United Kingdom
- Therma Luzon, Inc, Philippines
- Indogreen Group - Indonesia
- Sindya Power Generating Company Private Ltd
- Barasentosa Lestari - Indonesia
- VISA Power Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Ceylon Electricity Board - Sri Lanka
- Asmin Koalindo Tuhup - Indonesia
- European Bulk Services B.V. - Netherlands
- Global Coal Blending Company Limited - Australia
- The University of Queensland
- Sakthi Sugars Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Bhatia International Limited - India
- Central Java Power - Indonesia
- Tamil Nadu electricity Board
- Bank of Tokyo Mitsubishi UFJ Ltd
- Kobexindo Tractors - Indoneisa
- Georgia Ports Authority, United States
- LBH Netherlands Bv - Netherlands
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Parry Sugars Refinery, India
- Coal and Oil Company - UAE
- Ministry of Finance - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Bahari Cakrawala Sebuku - Indonesia
- Central Electricity Authority - India
- Agrawal Coal Company - India
- Timah Investasi Mineral - Indoneisa
- Bukit Baiduri Energy - Indonesia
- PNOC Exploration Corporation - Philippines
- Vizag Seaport Private Limited - India
- Posco Energy - South Korea
- Australian Coal Association
- Intertek Mineral Services - Indonesia
- GAC Shipping (India) Pvt Ltd
- Antam Resourcindo - Indonesia
- Electricity Generating Authority of Thailand
- South Luzon Thermal Energy Corporation
- Malabar Cements Ltd - India
- Banpu Public Company Limited - Thailand
- Salva Resources Pvt Ltd - India
- OPG Power Generation Pvt Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Deloitte Consulting - India
- Manunggal Multi Energi - Indonesia
- Electricity Authority, New Zealand
- Price Waterhouse Coopers - Russia
- IHS Mccloskey Coal Group - USA
- The Treasury - Australian Government
- Wood Mackenzie - Singapore
- Rio Tinto Coal - Australia
- Rashtriya Ispat Nigam Limited - India
- Ministry of Transport, Egypt
- Port Waratah Coal Services - Australia
- Sinarmas Energy and Mining - Indonesia
- Orica Australia Pty. Ltd.
- PetroVietnam Power Coal Import and Supply Company
- Kideco Jaya Agung - Indonesia
- Trasteel International SA, Italy
- Kaltim Prima Coal - Indonesia
- Semirara Mining Corp, Philippines
- Sojitz Corporation - Japan
- Eastern Coal Council - USA
- Grasim Industreis Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- Edison Trading Spa - Italy
- Vedanta Resources Plc - India
- Indonesian Coal Mining Association
- Indian Energy Exchange, India
- Goldman Sachs - Singapore
- The State Trading Corporation of India Ltd
- Wilmar Investment Holdings
- GVK Power & Infra Limited - India
- Leighton Contractors Pty Ltd - Australia
- ICICI Bank Limited - India
- Aditya Birla Group - India
- AsiaOL BioFuels Corp., Philippines
- Ministry of Mines - Canada
- Miang Besar Coal Terminal - Indonesia
- Bangladesh Power Developement Board
- Alfred C Toepfer International GmbH - Germany
- CNBM International Corporation - China
- Bharathi Cement Corporation - India
- Simpson Spence & Young - Indonesia
- Heidelberg Cement - Germany
- Petrochimia International Co. Ltd.- Taiwan
- Ambuja Cements Ltd - India
- Planning Commission, India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Medco Energi Mining Internasional
- SMG Consultants - Indonesia
- Karaikal Port Pvt Ltd - India
- Kepco SPC Power Corporation, Philippines
- Kohat Cement Company Ltd. - Pakistan
- Gujarat Electricity Regulatory Commission - India
- Renaissance Capital - South Africa
- Global Green Power PLC Corporation, Philippines
- Gujarat Sidhee Cement - India
- Thai Mozambique Logistica
- Independent Power Producers Association of India
- Oldendorff Carriers - Singapore
- Savvy Resources Ltd - HongKong
- Dalmia Cement Bharat India
- Directorate Of Revenue Intelligence - India
- Commonwealth Bank - Australia
- Marubeni Corporation - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Straits Asia Resources Limited - Singapore
- India Bulls Power Limited - India
- TeaM Sual Corporation - Philippines
- Cement Manufacturers Association - India
- Merrill Lynch Commodities Europe
- Videocon Industries ltd - India
- San Jose City I Power Corp, Philippines
- Aboitiz Power Corporation - Philippines
- Interocean Group of Companies - India
- Makarim & Taira - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- GMR Energy Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Madhucon Powers Ltd - India
- Petron Corporation, Philippines
- Indo Tambangraya Megah - Indonesia
- Thiess Contractors Indonesia
- CIMB Investment Bank - Malaysia
- Eastern Energy - Thailand
- Borneo Indobara - Indonesia
- Ind-Barath Power Infra Limited - India
- Chamber of Mines of South Africa
- ASAPP Information Group - India
- Coastal Gujarat Power Limited - India
- Kumho Petrochemical, South Korea
- Power Finance Corporation Ltd., India
- Lanco Infratech Ltd - India
|
| |
| |
|
