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Monday, 14 December 20
PHILIPPINE BANK RCBC TO STOP LENDING FOR NEW COAL-FIRED POWER PROJECTS - MANILA BULLETIN
Yuchengco-led Rizal Commercial Banking Corporation (RCBC) has forthrightly declared that it will no longer extend financing to new coal-fired power projects in the Philippines.
That came as a daring statement from RCBC President and CEO Eugene S. Acevedo, the first bank chief executive to do so following last month’s coal moratorium declaration by the Department of Energy. “No more coal, no more coal. I’ll say that slowly — NO MORE COAL,” he told reporters who were attending the Yuchengco Groups’ Future-Proofing 2021 virtual forum.
Acevedo made it clear to the journalists that the bank will be taking a milestone change and shift on its energy project funding – that the leaning moving forward will be largely on renewables and gas-fired power facilities.
“The good news is, many of those who used to be coal are migrating to renewables,” the RCBC chief executive said, noting that while there might not be a set percentage on their energy loan portfolios now, the sure thing is they will just bankroll clean energy projects in the foreseeable future.
“I’m going to say that moving forward, all our loans for energy projects will be non-coal, it will be 100 percent non-coal… but it’s very difficult for the country to subsist on purely renewables, so we’ll have a mix,” he said.
Acevedo further opined that “to create a robust energy grid, there has to be a combination of renewables plus a few power plants that are rapidly ratcheted up — and those plants are usually gas-fired. So, we might have a combination of gas and a lot of renewables moving forward.”
- Myrna M. Velasco -
Source: Manila Bulletin
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Sunday, 13 December 20
LONGSTANDING DOWNSIDE RISKS TO TRADE OUTLOOK - BALTIC EXCHANGE
The OECD has attempted to put a positive spin on the trade message emanating from its latest economic outlook, released last week.
The ...
Sunday, 13 December 20
INDONESIA COAL OUTPUT AT 514 MILLION TONNES THIS YEAR, 2021 TARGET UNCHANGED - REUTERS
Indonesia coal output in the period to Dec. 10 stood at 514.2 million tonnes, official data from the energy ministry’s website showed.
&n ...
Thursday, 10 December 20
MALAYSIA'S CIMB ANNOUNCES COAL FINANCING PHASE-OUT BY 2040 AS ASIA'S FOSSIL FUEL DIVESTMENT DRIVE ACCELERATES - IEEFA
The first emerging markets bank to announce a progressive coal exit policy
Malaysia’s CIMB Group Holdings (CIMB) has announced ...
Wednesday, 09 December 20
MARKET INSIGHT - INTERMODAL
Heading towards the end of a difficult year and with the entire planet under the shadow of the covid-19 virus, it is interesting to proceed with a ...
Tuesday, 08 December 20
MARKET ANALYSIS - ALLIED SHIPPING
It is now undisputed that oil consumption for 2020 will post a considerable drop, as demand for several petroleum products has plummeted since the ...
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Showing 711 to 715 news of total 6871 |
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- Therma Luzon, Inc, Philippines
- Mercuria Energy - Indonesia
- GMR Energy Limited - India
- Australian Commodity Traders Exchange
- Central Java Power - Indonesia
- Vizag Seaport Private Limited - India
- Edison Trading Spa - Italy
- TeaM Sual Corporation - Philippines
- Antam Resourcindo - Indonesia
- Metalloyd Limited - United Kingdom
- PTC India Limited - India
- Dalmia Cement Bharat India
- Romanian Commodities Exchange
- New Zealand Coal & Carbon
- Bangladesh Power Developement Board
- GVK Power & Infra Limited - India
- Indian Energy Exchange, India
- Orica Australia Pty. Ltd.
- Kideco Jaya Agung - Indonesia
- Mercator Lines Limited - India
- Meenaskhi Energy Private Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Indo Tambangraya Megah - Indonesia
- Kapuas Tunggal Persada - Indonesia
- LBH Netherlands Bv - Netherlands
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Africa Commodities Group - South Africa
- Globalindo Alam Lestari - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Indonesian Coal Mining Association
- Petron Corporation, Philippines
- Bulk Trading Sa - Switzerland
- Rio Tinto Coal - Australia
- Sinarmas Energy and Mining - Indonesia
- Economic Council, Georgia
- PowerSource Philippines DevCo
- PNOC Exploration Corporation - Philippines
- Gujarat Sidhee Cement - India
- MS Steel International - UAE
- CNBM International Corporation - China
- European Bulk Services B.V. - Netherlands
- Coalindo Energy - Indonesia
- Altura Mining Limited, Indonesia
- Standard Chartered Bank - UAE
- Intertek Mineral Services - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- GAC Shipping (India) Pvt Ltd
- Heidelberg Cement - Germany
- Agrawal Coal Company - India
- CIMB Investment Bank - Malaysia
- Coal and Oil Company - UAE
- Manunggal Multi Energi - Indonesia
- Bhoruka Overseas - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Renaissance Capital - South Africa
- VISA Power Limited - India
- Mjunction Services Limited - India
- International Coal Ventures Pvt Ltd - India
- Eastern Coal Council - USA
- South Luzon Thermal Energy Corporation
- Petrochimia International Co. Ltd.- Taiwan
- Central Electricity Authority - India
- ASAPP Information Group - India
- Anglo American - United Kingdom
- Carbofer General Trading SA - India
- Semirara Mining and Power Corporation, Philippines
- Kepco SPC Power Corporation, Philippines
- Barasentosa Lestari - Indonesia
- Malabar Cements Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- Planning Commission, India
- Tata Chemicals Ltd - India
- Ceylon Electricity Board - Sri Lanka
- Electricity Authority, New Zealand
- Global Green Power PLC Corporation, Philippines
- Global Business Power Corporation, Philippines
- Commonwealth Bank - Australia
- Eastern Energy - Thailand
- Savvy Resources Ltd - HongKong
- Port Waratah Coal Services - Australia
- Oldendorff Carriers - Singapore
- Indogreen Group - Indonesia
- Power Finance Corporation Ltd., India
- Indika Energy - Indonesia
- Interocean Group of Companies - India
- The University of Queensland
- Pendopo Energi Batubara - Indonesia
- Posco Energy - South Korea
- Leighton Contractors Pty Ltd - Australia
- Karbindo Abesyapradhi - Indoneisa
- Price Waterhouse Coopers - Russia
- Pipit Mutiara Jaya. PT, Indonesia
- Chettinad Cement Corporation Ltd - India
- Georgia Ports Authority, United States
- ICICI Bank Limited - India
- McConnell Dowell - Australia
- Star Paper Mills Limited - India
- Kobexindo Tractors - Indoneisa
- SMG Consultants - Indonesia
- Deloitte Consulting - India
- SN Aboitiz Power Inc, Philippines
- Aditya Birla Group - India
- Bukit Baiduri Energy - Indonesia
- Energy Development Corp, Philippines
- Parry Sugars Refinery, India
- Vedanta Resources Plc - India
- Chamber of Mines of South Africa
- Thiess Contractors Indonesia
- Cigading International Bulk Terminal - Indonesia
- Sojitz Corporation - Japan
- Indian Oil Corporation Limited
- Trasteel International SA, Italy
- Wilmar Investment Holdings
- Xindia Steels Limited - India
- Sakthi Sugars Limited - India
- The State Trading Corporation of India Ltd
- Cement Manufacturers Association - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Iligan Light & Power Inc, Philippines
- Maharashtra Electricity Regulatory Commission - India
- Neyveli Lignite Corporation Ltd, - India
- Kartika Selabumi Mining - Indonesia
- Karaikal Port Pvt Ltd - India
- Singapore Mercantile Exchange
- Gujarat Mineral Development Corp Ltd - India
- Independent Power Producers Association of India
- Grasim Industreis Ltd - India
- Uttam Galva Steels Limited - India
- Minerals Council of Australia
- Kumho Petrochemical, South Korea
- Siam City Cement PLC, Thailand
- IEA Clean Coal Centre - UK
- Simpson Spence & Young - Indonesia
- Banpu Public Company Limited - Thailand
- Ministry of Transport, Egypt
- Toyota Tsusho Corporation, Japan
- Tamil Nadu electricity Board
- Ministry of Mines - Canada
- Directorate General of MIneral and Coal - Indonesia
- OPG Power Generation Pvt Ltd - India
- Global Coal Blending Company Limited - Australia
- Meralco Power Generation, Philippines
- Wood Mackenzie - Singapore
- Sindya Power Generating Company Private Ltd
- Kaltim Prima Coal - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Ambuja Cements Ltd - India
- Bayan Resources Tbk. - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Ministry of Finance - Indonesia
- Larsen & Toubro Limited - India
- Bukit Makmur.PT - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Madhucon Powers Ltd - India
- Billiton Holdings Pty Ltd - Australia
- Baramulti Group, Indonesia
- Essar Steel Hazira Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- Videocon Industries ltd - India
- Attock Cement Pakistan Limited
- Straits Asia Resources Limited - Singapore
- Bukit Asam (Persero) Tbk - Indonesia
- Marubeni Corporation - India
- Goldman Sachs - Singapore
- Rashtriya Ispat Nigam Limited - India
- Latin American Coal - Colombia
- IHS Mccloskey Coal Group - USA
- Bhushan Steel Limited - India
- Merrill Lynch Commodities Europe
- Samtan Co., Ltd - South Korea
- Makarim & Taira - Indonesia
- Orica Mining Services - Indonesia
- Bhatia International Limited - India
- Mintek Dendrill Indonesia
- SMC Global Power, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Borneo Indobara - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- London Commodity Brokers - England
- Medco Energi Mining Internasional
- Thai Mozambique Logistica
- Ind-Barath Power Infra Limited - India
- Australian Coal Association
- Directorate Of Revenue Intelligence - India
- Lanco Infratech Ltd - India
- Jaiprakash Power Ventures ltd
- Aboitiz Power Corporation - Philippines
- Sical Logistics Limited - India
- Binh Thuan Hamico - Vietnam
- Parliament of New Zealand
- San Jose City I Power Corp, Philippines
- Maheswari Brothers Coal Limited - India
- Gujarat Electricity Regulatory Commission - India
- Miang Besar Coal Terminal - Indonesia
- Coastal Gujarat Power Limited - India
- India Bulls Power Limited - India
- Salva Resources Pvt Ltd - India
- Krishnapatnam Port Company Ltd. - India
- Sarangani Energy Corporation, Philippines
- Siam City Cement - Thailand
- Bharathi Cement Corporation - India
- Formosa Plastics Group - Taiwan
- Energy Link Ltd, New Zealand
- Semirara Mining Corp, Philippines
- Electricity Generating Authority of Thailand
- Bahari Cakrawala Sebuku - Indonesia
- Timah Investasi Mineral - Indoneisa
- Sree Jayajothi Cements Limited - India
- Alfred C Toepfer International GmbH - Germany
- AsiaOL BioFuels Corp., Philippines
- Jindal Steel & Power Ltd - India
- The Treasury - Australian Government
- White Energy Company Limited
- PetroVietnam Power Coal Import and Supply Company
- Riau Bara Harum - Indonesia
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