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
Tuesday, 07 November 17
ING JOINS FORCES ON BLOCKCHAIN-BASED PLATFORM FOR ENERGY COMMODITIES SECTOR
ING LogoBlockchain technology. It’s often been described as the most important invention in computing in a generation.

So it should come as no surprise that ING is again at the forefront of the technology. This time joining forces with banks and some of the largest, energy companies and trading houses to create a blockchain-based digital platform that intends to modernise and transform energy commodities trading.

“I am very excited about this initiative,” said Anthony van Vliet, ING’s Global Head of Trade and Commodity Finance, “Marquee brands and competitors in the energy, trade and banking industry sharing one vision gives us a great opportunity to transform processing in the energy trade commodity sector.”

The new venture seeks to create a secure, real-time blockchain-based digital platform to manage physical energy transactions from trade entry to final settlement. In doing so, it digitalises the process and allows the sector to move away from traditional paper contracts and operations documentation.

Lower cost of energy
Such efficiencies aim to reduce the cost for industry participants which could ultimately result in lower costs for consumers.

The platform is expected to be operational by the end of 2018 and follows the ING-led blockchain initiative, Easy Trading Connect aimed at the larger commodity trade finance area. In addition, ING is a member of the R3 consortium, a group of banks exploring viable blockchain use cases in other areas.

The platform will also reduce administrative operational risks of physical energy trading. It should also improve the reliability and efficiency of trading operations for all supply chain users, while opening the door to innovative funding and financing solutions.

Independent entity
ING is one of three banks involved in the consortium including ABN Amro and Societe Generale. ING also teamed up with Societe Generale on Easy Trading Connect. Several of the world’s largest energy companies and trading houses, i.e BP, Shell and Statoil, Gunvor, Koch Supply & Trading, Mercuria are behind the venture which will be managed and operated as an independent entity. The technology is intended to be made available to all market participants and service providers in the energy trading sector.


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

Recent News

Tuesday, 23 January 18
OIL MARKET ANALYSIS - ALLIED
Brent oil futures hit a three year high on January 16th touching around USD 70.30 before falling back down to around USD 68.60 at the Time of this ...


Friday, 19 January 18
U.S. WEEKLY COAL OUTPUT WAS 13.5 MMST FOR THE WEEK ENDING JANUARY 13, EIA SAYS
COALspot.com – U.S., the world’s second largest coal producers have produced approximately totaled an estimated 13.5 million short tons ...


Thursday, 18 January 18
WORLD TRADE IN HARD COAL RISES BY 1.5% IN 2017 - KOHLENIMPORTEURE
Press Release: World Trade in Hard Coal Rises by 1.5% in 2017. German Steam Coal Imports Plummet by 15% in 2017 – in Contrast to Other Sector ...


Wednesday, 17 January 18
SHIPPING MARKET INSIGHT - INTERMODAL
As we are now well into the first month of 2018, the mood across the entire offshore industry undeniably remains rather positive following the oil ...


Monday, 15 January 18
THE FREIGHT RATES ARE EXPECTED TO BE FLAT TO WEAK THIS WEEK - VISTAAR
COALspot.com: The daily average earnings for Supramax, for the route Indonesia to India passing through Singapore has stayed firm, week over week, ...


   364 365 366 367 368   
Showing 1826 to 1830 news of total 6871
News by Category
Popular News
 
Total Members : 28,617
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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