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Friday, 19 June 20
INDIA'S COAL CONSUMPTION GROWTH IN 2019 SLOWEST SINCE 2001: BP STATS REVIEW - HINDU BUSINESS LINE
Growth in global energy markets slowed in 2019 in line with weaker economic growth, according to the bp Statistical Review of World Energy 2020. There was also a partial unwinding of some of the one-off factors that boosted energy demand in 2018.
“This slowdown was particularly evident in the US, Russia and India, each of which exhibited unusually strong growth in 2018,” the study said.
The growth of coal in India, usually a key driver of coal consumption, was only 0.3 per cent– its lowest since 2001. These increases in coal consumption were more than offset by falls in demand in the developed world, led by the US and Germany.
“Global coal consumption and production fell by 0.6 per cent, its fourth decline in six years, displaced by natural gas and renewables, particularly in the power sector. As a result, coal’s share in the (global) energy mix fell to 27 per cent, its lowest level in 16 years. Coal consumption continued to increase in some emerging economies, particularly in China, Indonesia and Vietnam.”
The growth in carbon emissions in 2019 was also slowed from the sharp increase seen in the previous year, as primary energy consumption decelerated, and renewables and natural gas displaced coal from the energy mix.
Despite the globally lower consumption, China was by far the biggest individual driver of primary energy growth, accounting for more than three quarters of net global growth. India and Indonesia were the next largest contributors, while the US and Germany posted the largest declines in energy terms, the study said.
Commenting on the impact of Covid-19 crisis, Spencer Dale, bp chief economist said, “Global energy markets have been severely disrupted by the pandemic.”
Bernard Looney, bp chief executive officer, said: “The average annual growth in carbon emissions over 2018 and 2019 was greater than its 10-year average. As the world emerges from the Covid-19 crisis it needs to make decisive changes to move to a more sustainable path. The disruption to our everyday lives caused by the lockdowns has provided a glimpse of a cleaner, lower carbon world: air quality in many of the world’s most polluted cities has improved; skies have become clearer.”
“But to get to net zero by 2050, the world requires similar-sized reductions in carbon emissions every other year for the next 25 years,” Looney said.
Net zero means balancing carbon emissions with removal methods or simply eliminating carbon emissions altogether. This is a goal aimed at lowering the pollution levels emanating due to fossil fuel consumption.
Source: The Hindu Business Line
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Sunday, 14 June 20
INDONESIAN COAL WAS STILL IN DEMAND; A 52,000-DWT SUPRAMAX FIXING DELIVERY CJK FOR A ROUND VOYAGE VIA INDONESIA AT $6,250 - BALTIC BRIEFING
Capesize
The Capesize market made new highs for the year this week after strong iron ore demand to the far east continued to develop in the mar ...
Friday, 12 June 20
CHINA CURBS COAL IMPORTS AFTER 5 MONTHS OF RECORD INFLOWS - SOURCES: REUTERS
China has stepped up customs checks for coal imports, leading to lengthy processing delays at ports, four sources familiar with the matter said, as ...
Friday, 12 June 20
COAL INDIA LIMITED SET FOR MARKETING DRIVE TO CREATE DEMAND - FINANCIAL EXPRESS
State-run miner Coal India (CIL), which is primarily focused on supplying coal to the power sector, is now reorienting its marketing to create dema ...
Friday, 12 June 20
MOODY'S REVISES BRENT OIL PRICE OUTLOOK TO $35/BARREL IN 2020 - TASS
Low oil prices are likely to exert the highest pressure on Iraq, Oman and Kuwait due to the limited space for the fiscal policy pursuit and higher ...
Thursday, 11 June 20
JAN-MAY, INDONESIA SHIPPED 175.15 MILLION TONS OF COAL TO ITS OVERSEAS BUYERS
Indonesia's coal production for the first 5 months of this year have reached 228 million tons. January – May 2020, Indonesia shipped US$ ...
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- Directorate General of MIneral and Coal - Indonesia
- PowerSource Philippines DevCo
- Simpson Spence & Young - Indonesia
- Agrawal Coal Company - India
- White Energy Company Limited
- Chamber of Mines of South Africa
- Karaikal Port Pvt Ltd - India
- Rio Tinto Coal - Australia
- Eastern Energy - Thailand
- South Luzon Thermal Energy Corporation
- SMC Global Power, Philippines
- Altura Mining Limited, Indonesia
- Kobexindo Tractors - Indoneisa
- Gujarat Sidhee Cement - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Antam Resourcindo - Indonesia
- Vizag Seaport Private Limited - India
- Price Waterhouse Coopers - Russia
- India Bulls Power Limited - India
- Toyota Tsusho Corporation, Japan
- Borneo Indobara - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Meralco Power Generation, Philippines
- Bharathi Cement Corporation - India
- Chettinad Cement Corporation Ltd - India
- Electricity Generating Authority of Thailand
- Ministry of Transport, Egypt
- Bank of Tokyo Mitsubishi UFJ Ltd
- Formosa Plastics Group - Taiwan
- Meenaskhi Energy Private Limited - India
- Iligan Light & Power Inc, Philippines
- Maheswari Brothers Coal Limited - India
- Asmin Koalindo Tuhup - Indonesia
- CNBM International Corporation - China
- Bhoruka Overseas - Indonesia
- Australian Coal Association
- London Commodity Brokers - England
- IHS Mccloskey Coal Group - USA
- Makarim & Taira - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Miang Besar Coal Terminal - Indonesia
- Georgia Ports Authority, United States
- Latin American Coal - Colombia
- Sindya Power Generating Company Private Ltd
- Romanian Commodities Exchange
- Sakthi Sugars Limited - India
- Timah Investasi Mineral - Indoneisa
- Edison Trading Spa - Italy
- McConnell Dowell - Australia
- Grasim Industreis Ltd - India
- Merrill Lynch Commodities Europe
- Indo Tambangraya Megah - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Attock Cement Pakistan Limited
- Semirara Mining Corp, Philippines
- The Treasury - Australian Government
- Rashtriya Ispat Nigam Limited - India
- PNOC Exploration Corporation - Philippines
- Billiton Holdings Pty Ltd - Australia
- Economic Council, Georgia
- Jindal Steel & Power Ltd - India
- Ministry of Finance - Indonesia
- The State Trading Corporation of India Ltd
- Kaltim Prima Coal - Indonesia
- OPG Power Generation Pvt Ltd - India
- Medco Energi Mining Internasional
- Kartika Selabumi Mining - Indonesia
- Aditya Birla Group - India
- Planning Commission, India
- Siam City Cement PLC, Thailand
- GVK Power & Infra Limited - India
- Marubeni Corporation - India
- ASAPP Information Group - India
- Metalloyd Limited - United Kingdom
- Bayan Resources Tbk. - Indonesia
- Eastern Coal Council - USA
- Gujarat Mineral Development Corp Ltd - India
- Thai Mozambique Logistica
- Intertek Mineral Services - Indonesia
- Trasteel International SA, Italy
- Barasentosa Lestari - Indonesia
- Africa Commodities Group - South Africa
- Central Java Power - Indonesia
- Pendopo Energi Batubara - Indonesia
- Bangladesh Power Developement Board
- Posco Energy - South Korea
- Bahari Cakrawala Sebuku - Indonesia
- Indika Energy - Indonesia
- Parliament of New Zealand
- Global Coal Blending Company Limited - Australia
- Malabar Cements Ltd - India
- Carbofer General Trading SA - India
- Kohat Cement Company Ltd. - Pakistan
- Sree Jayajothi Cements Limited - India
- Samtan Co., Ltd - South Korea
- Tata Chemicals Ltd - India
- Madhucon Powers Ltd - India
- Cigading International Bulk Terminal - Indonesia
- Indogreen Group - Indonesia
- Mintek Dendrill Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Ceylon Electricity Board - Sri Lanka
- Petrochimia International Co. Ltd.- Taiwan
- Deloitte Consulting - India
- Vijayanagar Sugar Pvt Ltd - India
- Banpu Public Company Limited - Thailand
- MS Steel International - UAE
- San Jose City I Power Corp, Philippines
- SMG Consultants - Indonesia
- Indian Energy Exchange, India
- Coal and Oil Company - UAE
- TeaM Sual Corporation - Philippines
- Renaissance Capital - South Africa
- Standard Chartered Bank - UAE
- Coastal Gujarat Power Limited - India
- LBH Netherlands Bv - Netherlands
- Parry Sugars Refinery, India
- Orica Mining Services - Indonesia
- Manunggal Multi Energi - Indonesia
- Port Waratah Coal Services - Australia
- Krishnapatnam Port Company Ltd. - India
- Energy Development Corp, Philippines
- Kapuas Tunggal Persada - Indonesia
- Mjunction Services Limited - India
- Semirara Mining and Power Corporation, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Vedanta Resources Plc - India
- Binh Thuan Hamico - Vietnam
- Independent Power Producers Association of India
- Energy Link Ltd, New Zealand
- Goldman Sachs - Singapore
- Lanco Infratech Ltd - India
- Kideco Jaya Agung - Indonesia
- Cement Manufacturers Association - India
- Kalimantan Lumbung Energi - Indonesia
- Sojitz Corporation - Japan
- Tamil Nadu electricity Board
- Sinarmas Energy and Mining - Indonesia
- Ministry of Mines - Canada
- Jaiprakash Power Ventures ltd
- IEA Clean Coal Centre - UK
- SN Aboitiz Power Inc, Philippines
- Directorate Of Revenue Intelligence - India
- Mercuria Energy - Indonesia
- Uttam Galva Steels Limited - India
- Larsen & Toubro Limited - India
- Singapore Mercantile Exchange
- Bhatia International Limited - India
- Bhushan Steel Limited - India
- Therma Luzon, Inc, Philippines
- Mercator Lines Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Ind-Barath Power Infra Limited - India
- Bukit Makmur.PT - Indonesia
- PTC India Limited - India
- Savvy Resources Ltd - HongKong
- Riau Bara Harum - Indonesia
- Siam City Cement - Thailand
- Wood Mackenzie - Singapore
- Holcim Trading Pte Ltd - Singapore
- European Bulk Services B.V. - Netherlands
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Coalindo Energy - Indonesia
- Xindia Steels Limited - India
- Leighton Contractors Pty Ltd - Australia
- Baramulti Group, Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Globalindo Alam Lestari - Indonesia
- Interocean Group of Companies - India
- Global Business Power Corporation, Philippines
- Petron Corporation, Philippines
- Bulk Trading Sa - Switzerland
- Electricity Authority, New Zealand
- Maharashtra Electricity Regulatory Commission - India
- Dalmia Cement Bharat India
- Thiess Contractors Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Power Finance Corporation Ltd., India
- Bukit Asam (Persero) Tbk - Indonesia
- Australian Commodity Traders Exchange
- AsiaOL BioFuels Corp., Philippines
- Sical Logistics Limited - India
- Minerals Council of Australia
- Oldendorff Carriers - Singapore
- Bukit Baiduri Energy - Indonesia
- New Zealand Coal & Carbon
- International Coal Ventures Pvt Ltd - India
- Straits Asia Resources Limited - Singapore
- Salva Resources Pvt Ltd - India
- The University of Queensland
- Commonwealth Bank - Australia
- Essar Steel Hazira Ltd - India
- Aboitiz Power Corporation - Philippines
- Indian Oil Corporation Limited
- ICICI Bank Limited - India
- Wilmar Investment Holdings
- Neyveli Lignite Corporation Ltd, - India
- Star Paper Mills Limited - India
- Global Green Power PLC Corporation, Philippines
- GMR Energy Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Indonesian Coal Mining Association
- Jorong Barutama Greston.PT - Indonesia
- Ambuja Cements Ltd - India
- Central Electricity Authority - India
- GN Power Mariveles Coal Plant, Philippines
- Kumho Petrochemical, South Korea
- Sarangani Energy Corporation, Philippines
- Orica Australia Pty. Ltd.
- Videocon Industries ltd - India
- CIMB Investment Bank - Malaysia
- Anglo American - United Kingdom
- GAC Shipping (India) Pvt Ltd
- Heidelberg Cement - Germany
- VISA Power Limited - India
- Kepco SPC Power Corporation, Philippines
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