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
Thursday, 28 July 16
FITCH RAISES CORPORATE OIL PRICE ASSUMPTION FOR 2016 TO USD42
Fitch RatingFitch Ratings has raised the 2016 oil price assumptions it uses when rating energy-sector corporates, but expects record high inventories to slow any further price increases.

We assume Brent and WTI will average USD42 a barrel in 2016, up from our USD35/bbl base case in February. The increase follows evidence that the market will come into balance in the second half of 2016, which has already been reflected in a year-to-date average price of USD41/40 for Brent/WTI.

However, we do not believe that the rapid price recovery seen in the first half of 2016 will continue. The sub-USD30 prices at the start of the year approached cash costs for many producers and were unsustainable in all but the very short term. Prices in the USD40-USD50 range allow most producers to break even on a cash basis, if not to cover sunk costs.

We believe that record high inventories - OECD stocks are still more than 10% higher than normal - and market expectations that US shale production will begin to rebound at prices above USD50, will keep prices below that level until a supply deficit has eroded some of the inventory overhang.

We have therefore left our 2017 and 2018 price assumptions unchanged at USD45 and USD55 respectively. Our long-term expectations for both Brent and WTI are unchanged at USD65, reflecting our view on the long-run marginal cost of supply.

Our natural gas expectations have also changed, with price assumptions for US Henry Hub rising and UK National Balancing Point (NBP) falling. In the US, the market has begun to work through the excess inventory build-up associated with last year's El Nino winter. Slower production growth in key shale plays has also helped. For NBP, increased US gas exports have contributed to a medium-term LNG glut, which we expect to put pressure on international spot prices.

Our Henry Hub price assumptions are USD2.35/mcf in 2016, rising to USD2.75 in 2017, USD3.00 in 2018 and USD3.25 in the long term. For NBP we assume a price of USD5.00/mcf for 2016, USD5.50 in 2017, USD6.00 in 2018 and USD6.50 in the long term.
Source: Fitch Ratings


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

Recent News

Wednesday, 10 August 16
THE INDONESIAN DRAFT NEW MINING LAW - AMENDMENTS TO THE 2009 MINING LAW
KNOWLEDGE TO ELEVATE COALspot.com: A draft mining law published by Indonesia's Minister of Energy and Mineral Resources provides use ...


Tuesday, 09 August 16
CS50 COAL INDEX HITS NEW FIFTY-WEEKS HIGH
COALspot.com: Average 5000 GAR coal index of Indonesian origin rose 1.78% week over week to averaging $41.85 per ton this past week, shows CS (i) C ...


Tuesday, 09 August 16
HARD COAL PRODUCTION AND WORLD TRADE ON THE DECLINE FOR THE FIRST TIME IN YEARS - VDKI
Hard coal production and world trade on the decline for the first time in years – not a harbinger of a global energy turnaround Worldwid ...


Tuesday, 09 August 16
BREXIT, BRITANNIA AND THE WAVES - TREVOR CROWE, CLARKSON RESEARCH
This week, the Bank of England put into place its action plan following the UK referendum on 23rd June, which indicated the British population&rsqu ...


Monday, 08 August 16
INDONESIA'S DRAFT MINING LAW HINTS AT FUTURE REGULATORY FRAMEWORK
KNOWLEDGE TO ELEVATE COALspot.com: A draft mining law published by Indonesia's Minister of Energy and Mineral Resources provides use ...


   464 465 466 467 468   
Showing 2326 to 2330 news of total 6871
News by Category
Popular News
 
Total Members : 28,619
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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