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Thursday, 10 August 17
GLOBAL COAL PRODUCTION FELL SIGNIFICANTLY IN 2016 - IEA
 COALspot.com: Global coal production fell significantly in 2016, while global trade in natural gas was up. These are two of the key messages in World Energy Balances, the IEA’s comprehensive picture of energy statistics. These data are drawn from official national data submissions to the IEA from around 150 countries and regions globally.
According to IEA, the coal production fell sharply in China in 2016 by around 320 million tonnes or 9% – a fall equal to more than the total production from South Africa, the world’s 5th largest coal exporter. Coal production also fell elsewhere, such as the US and Australia, leading to global output falling by 458 million tonnes.
One reason why production fell in China was lower demand, particularly for power generation, though China still uses half the world’s coal. Lower coal demand has also been seen across the OECD, specifically in the US and the UK. So globally, despite an increase in India, global coal consumption in 2016 fell by around 2% in energy terms.
The move away from coal generation is most clear within the OECD, where electricity generation from gas in 2016 was virtually equal to coal generation for the first time ever.
IEA further said, the greater demand for gas led to increases in trade, with growth in pipeline gas trade going into the OECD and LNG trade going to Asia.2 Together the increases saw total global gas imports increase by about 47 billion cubic meters (bcm) in 2016 – around 4.5% higher than 2015.
Alongside the growth in gas generation, 2016 also saw the continued increase of renewable generation across the OECD and in countries like China. In the OECD, renewables generation grew by 3.8% to account for 23.8% of all electricity generated, its highest share to date. The growth was largely driven by wind and solar PV, which saw annual average growth rates of 21% and 43% between 2000 and 2016.
Looking at United States production, IEA said, one of the consequences of lower production of coal, oil and gas in 2016 is that OECD Americas dropped just below 100% energy self-sufficient after reaching the level in 2015. However, also visible is the steady increase in OECD Asia Oceania’s self-sufficiency ratio, which is now broadly equivalent to that of OECD Europe, driven in large part by increased production in Australia.
Shares of fuels in global energy demand changed little from 2014 to 2015. In fact, aside from oil and gas, which have changed their shares significantly over the past forty years, the overall shares of fuels in global energy demand have changed little since 1971. Oil remains the most used fuel, mainly for transport, followed by coal, mainly for electricity generation.
Likewise the share of energy use across the world was similar in 2015 to 2014, but the past 40 odd years have witnessed a significant change: Non-OECD Asia is now virtually matched with the OECD as the leading energy consumer.
Detailed data on consumption are more complex for countries to collect and as such comprehensive data at the global level are only available to 2015. Yet these show that between 1971 and 2015, total final consumption (TFC) more than doubled. However, the sectoral share of energy use did not change significantly, with the exception of energy use in transport which increased from 23% of TFC in 1971 to 29% in 2015.
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Friday, 08 September 17
MIXED SIGNALS ON REFINERY PREPARATIONS FOR 2020 FUEL CHANGES - IBIA
A recent consultancy survey has suggested that some 85% of refiners have not made plans for how to deal with the expected dramatic fall in g ...
Thursday, 07 September 17
CAPESIZE: EARNINGS FOR THE BIG SHIPS KEEP UP NICELY AS DIPS ARE MODERATE AND SHORT-LIVED - FEARNLEYS
Supramax
Fewer activities in the Atlantic in start of the week with the US holidays. Owners were asking around low USD 20k for trip ex USG to Far ...
Thursday, 07 September 17
TALK OF CONSTRAINTS ON CHINESE COAL OUTPUT PUSHED PRICES HIGHER - DANIEL HYNES
Commodity markets were largely higher as a weaker USD boosted investor appetite.
According to Daniel Hynes, Senior Commodity Strategist at ANZ ...
Wednesday, 06 September 17
LAYTIME - CHARTERERS' RIGHTS & PORT COSTS - NORTH P&I CLUB
KNOWLEDGE TO ELEVATE
In a recent London Arbitration decision (18/17) the Tribunal had to consider whether the owners were entitled to recover ...
Wednesday, 06 September 17
SHIPPING MARKET INSIGHT - STELIOS KOLLINTZAS
The impact of Hurricane Harvey, which made landfall on 25th of August in South East coastline of Texas area has been the major concern of the shipp ...
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Showing 1951 to 1955 news of total 6871 |
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- Lanco Infratech Ltd - India
- Bayan Resources Tbk. - Indonesia
- Kartika Selabumi Mining - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Marubeni Corporation - India
- Krishnapatnam Port Company Ltd. - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- San Jose City I Power Corp, Philippines
- Heidelberg Cement - Germany
- GN Power Mariveles Coal Plant, Philippines
- Renaissance Capital - South Africa
- Chettinad Cement Corporation Ltd - India
- Siam City Cement - Thailand
- Eastern Energy - Thailand
- Chamber of Mines of South Africa
- Karbindo Abesyapradhi - Indoneisa
- Meenaskhi Energy Private Limited - India
- Thai Mozambique Logistica
- ICICI Bank Limited - India
- Semirara Mining Corp, Philippines
- Indian Oil Corporation Limited
- Deloitte Consulting - India
- Ind-Barath Power Infra Limited - India
- Georgia Ports Authority, United States
- Australian Coal Association
- Indonesian Coal Mining Association
- Neyveli Lignite Corporation Ltd, - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Meralco Power Generation, Philippines
- Essar Steel Hazira Ltd - India
- Manunggal Multi Energi - Indonesia
- Bangladesh Power Developement Board
- Electricity Generating Authority of Thailand
- Bhatia International Limited - India
- Bhushan Steel Limited - India
- Central Electricity Authority - India
- PNOC Exploration Corporation - Philippines
- PowerSource Philippines DevCo
- Ministry of Transport, Egypt
- Anglo American - United Kingdom
- Sree Jayajothi Cements Limited - India
- Ministry of Mines - Canada
- International Coal Ventures Pvt Ltd - India
- Africa Commodities Group - South Africa
- SN Aboitiz Power Inc, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Uttam Galva Steels Limited - India
- McConnell Dowell - Australia
- Mintek Dendrill Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Kideco Jaya Agung - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- The University of Queensland
- Mercator Lines Limited - India
- Mercuria Energy - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Tata Chemicals Ltd - India
- Jindal Steel & Power Ltd - India
- Carbofer General Trading SA - India
- Posco Energy - South Korea
- Price Waterhouse Coopers - Russia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Salva Resources Pvt Ltd - India
- Bukit Makmur.PT - Indonesia
- Samtan Co., Ltd - South Korea
- Ministry of Finance - Indonesia
- Makarim & Taira - Indonesia
- South Luzon Thermal Energy Corporation
- Independent Power Producers Association of India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Banpu Public Company Limited - Thailand
- TNB Fuel Sdn Bhd - Malaysia
- Kepco SPC Power Corporation, Philippines
- Bhoruka Overseas - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Romanian Commodities Exchange
- CNBM International Corporation - China
- Attock Cement Pakistan Limited
- Minerals Council of Australia
- Kapuas Tunggal Persada - Indonesia
- Formosa Plastics Group - Taiwan
- Malabar Cements Ltd - India
- Riau Bara Harum - Indonesia
- Madhucon Powers Ltd - India
- Medco Energi Mining Internasional
- GAC Shipping (India) Pvt Ltd
- Vizag Seaport Private Limited - India
- Planning Commission, India
- Maheswari Brothers Coal Limited - India
- Interocean Group of Companies - India
- Pendopo Energi Batubara - Indonesia
- Toyota Tsusho Corporation, Japan
- Semirara Mining and Power Corporation, Philippines
- Wilmar Investment Holdings
- Baramulti Group, Indonesia
- Global Coal Blending Company Limited - Australia
- Global Business Power Corporation, Philippines
- OPG Power Generation Pvt Ltd - India
- Videocon Industries ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- SMC Global Power, Philippines
- White Energy Company Limited
- Karaikal Port Pvt Ltd - India
- Kaltim Prima Coal - Indonesia
- Vedanta Resources Plc - India
- Leighton Contractors Pty Ltd - Australia
- Intertek Mineral Services - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Xindia Steels Limited - India
- TeaM Sual Corporation - Philippines
- Timah Investasi Mineral - Indoneisa
- Bharathi Cement Corporation - India
- Cement Manufacturers Association - India
- Parry Sugars Refinery, India
- Orica Australia Pty. Ltd.
- The State Trading Corporation of India Ltd
- GVK Power & Infra Limited - India
- Singapore Mercantile Exchange
- Aditya Birla Group - India
- Coalindo Energy - Indonesia
- Electricity Authority, New Zealand
- London Commodity Brokers - England
- Tamil Nadu electricity Board
- Iligan Light & Power Inc, Philippines
- Gujarat Mineral Development Corp Ltd - India
- Borneo Indobara - Indonesia
- ASAPP Information Group - India
- Directorate General of MIneral and Coal - Indonesia
- Merrill Lynch Commodities Europe
- Sindya Power Generating Company Private Ltd
- Indian Energy Exchange, India
- Petron Corporation, Philippines
- Binh Thuan Hamico - Vietnam
- Coastal Gujarat Power Limited - India
- Dalmia Cement Bharat India
- Aboitiz Power Corporation - Philippines
- Mjunction Services Limited - India
- Central Java Power - Indonesia
- Gujarat Sidhee Cement - India
- European Bulk Services B.V. - Netherlands
- Kohat Cement Company Ltd. - Pakistan
- Maharashtra Electricity Regulatory Commission - India
- Port Waratah Coal Services - Australia
- Indogreen Group - Indonesia
- Rio Tinto Coal - Australia
- Straits Asia Resources Limited - Singapore
- Goldman Sachs - Singapore
- Therma Luzon, Inc, Philippines
- Star Paper Mills Limited - India
- Coal and Oil Company - UAE
- Vijayanagar Sugar Pvt Ltd - India
- Wood Mackenzie - Singapore
- Sical Logistics Limited - India
- GMR Energy Limited - India
- Antam Resourcindo - Indonesia
- Edison Trading Spa - Italy
- Australian Commodity Traders Exchange
- Holcim Trading Pte Ltd - Singapore
- Asmin Koalindo Tuhup - Indonesia
- Commonwealth Bank - Australia
- Bulk Trading Sa - Switzerland
- Grasim Industreis Ltd - India
- Ambuja Cements Ltd - India
- Agrawal Coal Company - India
- Bukit Baiduri Energy - Indonesia
- Globalindo Alam Lestari - Indonesia
- Savvy Resources Ltd - HongKong
- Sakthi Sugars Limited - India
- PTC India Limited - India
- Metalloyd Limited - United Kingdom
- Power Finance Corporation Ltd., India
- Global Green Power PLC Corporation, Philippines
- Orica Mining Services - Indonesia
- SMG Consultants - Indonesia
- VISA Power Limited - India
- Latin American Coal - Colombia
- Sinarmas Energy and Mining - Indonesia
- Energy Development Corp, Philippines
- Jaiprakash Power Ventures ltd
- Alfred C Toepfer International GmbH - Germany
- Miang Besar Coal Terminal - Indonesia
- Parliament of New Zealand
- Sojitz Corporation - Japan
- Standard Chartered Bank - UAE
- Barasentosa Lestari - Indonesia
- Kumho Petrochemical, South Korea
- Pipit Mutiara Jaya. PT, Indonesia
- India Bulls Power Limited - India
- Indo Tambangraya Megah - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Oldendorff Carriers - Singapore
- Eastern Coal Council - USA
- IHS Mccloskey Coal Group - USA
- Trasteel International SA, Italy
- LBH Netherlands Bv - Netherlands
- Rashtriya Ispat Nigam Limited - India
- Energy Link Ltd, New Zealand
- MS Steel International - UAE
- New Zealand Coal & Carbon
- IEA Clean Coal Centre - UK
- Simpson Spence & Young - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Kobexindo Tractors - Indoneisa
- Jorong Barutama Greston.PT - Indonesia
- The Treasury - Australian Government
- Altura Mining Limited, Indonesia
- Ceylon Electricity Board - Sri Lanka
- Sarangani Energy Corporation, Philippines
- Thiess Contractors Indonesia
- Siam City Cement PLC, Thailand
- Economic Council, Georgia
- Directorate Of Revenue Intelligence - India
- Larsen & Toubro Limited - India
- CIMB Investment Bank - Malaysia
- Indika Energy - Indonesia
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