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
Friday, 29 May 20
AUSTRALIA'S NEW HOPE WARNS OF HIT FROM COAL PRICE SLUMP - REUTERS
ReutersAustralia’s New Hope Corp Ltd said on Thursday that a sudden drop in thermal coal prices and lower output from its Queensland operations would hurt its financial performance in the second half of the year.
 
“As a result of reduced electricity demand across most global markets, thermal coal demand and price has declined sharply since the beginning of April 2020,” the coal miner said in a quarterly update.
 
The coronavirus outbreak had affected all markets and coal types, destroying global power demand more rapidly and on a greater scale than seen during the global financial crisis of 2008, it added.
 
High levels of Indian coal stocks, the uncertain pace of Japan’s recovery and low coal imports from Europe were all posing negatives for the thermal coal market, the miner said.
 
However, offering some relief, New Hope said a pick-up in Chinese industrial activity and power consumption, along with firm demand from Vietnam, Taiwan and Korea had supported a recovery in prices in recent weeks.
 
Meanwhile, the company said it was currently searching for a new chief executive, after industry veteran Shane Stephan recently announced his retirement effective on August 31.
 
New Hope also said it had been informed by the Australian high court that special leave applications had been submitted by Wiggins Island Coal Export Terminal (WICET) and liquidators regarding debts owed by its two units, Northern Energy Corporation and Colton Coal.
 
Both units are currently under liquidation. If the applications and the appeal are successful, the company could be exposed to a liability of about A$155 million ($102.55 million), New Hope said, adding that it would continue to deny the claims.
 
A court last year found that New Hope was not required to fulfil its units’ debts, as claimed by Wiggins Island Coal Export Terminal (WICET) and the liquidators .
Source: Reuters (Reporting by Rashmi Ashok in Bengaluru; Editing by Simon Cameron-Moore)


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

Recent News

Tuesday, 13 February 24
WHAT IS THE OUTLOOK FOR THE NATURAL GAS SPOT PRICE IN 2024 AND 2025? EIA
We expect the U.S. benchmark Henry Hub natural gas spot price to average higher in 2024 and 2025 than in 2023, but to remain lower than $3.00 per m ...


Monday, 12 February 24
US THERMAL COAL EXPORTS HIT 5-YEAR HIGHS AND TOP $5 BLN IN 2023 - REUTERS
United States exporters of thermal coal earned more than $5 billion in 2023 as they shipped out more than 32.5 million metric tons of the high-poll ...


Tuesday, 06 February 24
NEW E-FUELS PROJECT TO MAKE INTERNATIONAL SHIPPING CLIMATE-NEUTRAL - RINA
Transport and trade on the ocean blue must be made much greener. This is the goal of the new €17 million European GAMMA project, where compani ...


Tuesday, 06 February 24
INDIA SEES ANNUAL COAL OUTPUT UP 10.9% IN 2024/25 - REUTERS
India expects domestic coal output to increase by 10.9% to 1.13 billion metric tons in the fiscal year ending March 2025, a senior government offic ...


Tuesday, 06 February 24
INDIA'S COAL PRODUCTION INCREASES BY 10.3% TO 99.73 MILLION TONNE IN JANUARY - PTI
The country’s coal output rose 10.3 per cent to 99.73 Million Tonne (MT) in January, over the same month in the previous fiscal.   ...


   6 7 8 9 10   
Showing 36 to 40 news of total 6871
News by Category
Popular News
 
Total Members : 28,621
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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