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Wednesday, 17 February 21
STRANDED ASSETS A LONG-TERM RISK FOR MAJOR FOSSIL FUEL EXPORTERS - FITCH RATINGS
 Fossil exporters face a loss of GDP, government revenue and export receipts from the transition to a lower-carbon economy over the coming decades. For the most-exposed sovereigns and those that do not adequately prepare for it, climate change stranded-asset risk is likely to lead to rating downgrades as the effects become clearer, closer and more material, Fitch Ratings says in "Climate Change 'Stranded Assets' Are a Long-Term Risk for Some Sovereigns" report.
The report further noted, the extent and speed of the decline in demand for fossil fuels is uncertain. Excess potential global supply will weigh on prices, potentially compounding the loss from lower volumes. Coal will face a faster and fuller loss of market than oil and particularly gas. High-cost producers will be squeezed out first. Sovereigns with strong balance sheets and potential to diversify their economies are better-placed. Political instability and rising financing costs could amplify challenges.
Under a plausible scenario, the transition would be a similar shock to oil revenue as occurred in 2013-2016 and again in 2018-2020. During this period two oil exporters defaulted and a further three were downgraded by at least four notches. Being much slower, it would give sovereigns more capacity to adjust, but it would be permanent. A simulation on Fitch's Sovereign Rating Model suggests it could lead to a fall in the SRM output by around one rating notch by 2040 and two to three notches by 2050 for a major oil exporter, Fitch Ratings says in its new report.
Ratings typically place more weight on current developments and we will be more circumspect in taking forward-looking rating actions the more distant and uncertain are future events, said Fitch Ratings.
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Friday, 22 March 24
INDONESIA APPROVES 922.14 MLN T COAL PRODUCTION QUOTA FOR 2024, ABOVE TARGET - REUTERS
Indonesia has approved coal production quotas totalling 922.14 million metric tons for 2024, Bambang Suswantono, a senior official at the mining mi ...
Friday, 22 March 24
CHINA COAL INDUSTRY GROUP EXPECTS OUTPUT GROWTH TO SLOW IN 2024 - REUTERS
China’s coal output is expected to increase 36 million metric tons, or 0.8%, to about 4.7 billion tonnes in 2024, a Chinese coal industry gro ...
Monday, 18 March 24
THREE KEY TAKEAWAYS FROM OUR EUROPE GAS MARKETS SHORT-TERM OUTLOOK Q1 2024 - WOOD MACKENZIE
European gas prices are currently back to pre-crisis levels, but with a complex series of factors affecting future supply and demand, are they set ...
Wednesday, 06 March 24
INDONESIA AIMS TO FINISH MINING OUTPUT QUOTAS APPROVAL BY END-MARCH, OFFICIAL SAYS - REUTERS
Indonesia’s has approved the mining production quotarequests from more than 120mineral companies and aims to complete the approval process th ...
Monday, 04 March 24
IS YOUR GUARANTEE A GUARANTEE? NOTE TO SHIPOWNERS - GARD
KNOWLEDGE TO ELEVATE
The law of guarantees is not always obvious or easy to understand without proper guidance. This article clarifies the dif ...
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Showing 26 to 30 news of total 6871 |
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- Altura Mining Limited, Indonesia
- Therma Luzon, Inc, Philippines
- Anglo American - United Kingdom
- Grasim Industreis Ltd - India
- Goldman Sachs - Singapore
- Kalimantan Lumbung Energi - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- GVK Power & Infra Limited - India
- CNBM International Corporation - China
- Edison Trading Spa - Italy
- Romanian Commodities Exchange
- Iligan Light & Power Inc, Philippines
- Central Java Power - Indonesia
- PowerSource Philippines DevCo
- Global Business Power Corporation, Philippines
- Mercuria Energy - Indonesia
- Orica Australia Pty. Ltd.
- Electricity Generating Authority of Thailand
- South Luzon Thermal Energy Corporation
- SMG Consultants - Indonesia
- Power Finance Corporation Ltd., India
- Central Electricity Authority - India
- San Jose City I Power Corp, Philippines
- Posco Energy - South Korea
- Gujarat Sidhee Cement - India
- IEA Clean Coal Centre - UK
- The State Trading Corporation of India Ltd
- Metalloyd Limited - United Kingdom
- Formosa Plastics Group - Taiwan
- Cigading International Bulk Terminal - Indonesia
- Parliament of New Zealand
- Jorong Barutama Greston.PT - Indonesia
- Independent Power Producers Association of India
- New Zealand Coal & Carbon
- Timah Investasi Mineral - Indoneisa
- Billiton Holdings Pty Ltd - Australia
- Ambuja Cements Ltd - India
- Barasentosa Lestari - Indonesia
- Riau Bara Harum - Indonesia
- White Energy Company Limited
- OPG Power Generation Pvt Ltd - India
- Energy Link Ltd, New Zealand
- Planning Commission, India
- Kapuas Tunggal Persada - Indonesia
- Carbofer General Trading SA - India
- Coal and Oil Company - UAE
- Minerals Council of Australia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Economic Council, Georgia
- Electricity Authority, New Zealand
- Maheswari Brothers Coal Limited - India
- Port Waratah Coal Services - Australia
- Jindal Steel & Power Ltd - India
- Bhatia International Limited - India
- Samtan Co., Ltd - South Korea
- Energy Development Corp, Philippines
- Sree Jayajothi Cements Limited - India
- London Commodity Brokers - England
- Bhoruka Overseas - Indonesia
- Rio Tinto Coal - Australia
- Commonwealth Bank - Australia
- Global Green Power PLC Corporation, Philippines
- AsiaOL BioFuels Corp., Philippines
- Oldendorff Carriers - Singapore
- Semirara Mining Corp, Philippines
- Meralco Power Generation, Philippines
- SMC Global Power, Philippines
- Jaiprakash Power Ventures ltd
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Bharathi Cement Corporation - India
- Karbindo Abesyapradhi - Indoneisa
- ICICI Bank Limited - India
- Mintek Dendrill Indonesia
- Marubeni Corporation - India
- Mjunction Services Limited - India
- Wood Mackenzie - Singapore
- Borneo Indobara - Indonesia
- Videocon Industries ltd - India
- Wilmar Investment Holdings
- Meenaskhi Energy Private Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Lanco Infratech Ltd - India
- Thai Mozambique Logistica
- Larsen & Toubro Limited - India
- Uttam Galva Steels Limited - India
- Ind-Barath Power Infra Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- The Treasury - Australian Government
- Kideco Jaya Agung - Indonesia
- Africa Commodities Group - South Africa
- Madhucon Powers Ltd - India
- PTC India Limited - India
- Orica Mining Services - Indonesia
- Bukit Baiduri Energy - Indonesia
- Banpu Public Company Limited - Thailand
- Krishnapatnam Port Company Ltd. - India
- Neyveli Lignite Corporation Ltd, - India
- Siam City Cement PLC, Thailand
- Attock Cement Pakistan Limited
- Standard Chartered Bank - UAE
- Trasteel International SA, Italy
- Kaltim Prima Coal - Indonesia
- Global Coal Blending Company Limited - Australia
- Australian Commodity Traders Exchange
- Leighton Contractors Pty Ltd - Australia
- GMR Energy Limited - India
- Indika Energy - Indonesia
- Singapore Mercantile Exchange
- The University of Queensland
- Coalindo Energy - Indonesia
- PNOC Exploration Corporation - Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Eastern Coal Council - USA
- GAC Shipping (India) Pvt Ltd
- Baramulti Group, Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Eastern Energy - Thailand
- Renaissance Capital - South Africa
- Sinarmas Energy and Mining - Indonesia
- Bukit Makmur.PT - Indonesia
- Alfred C Toepfer International GmbH - Germany
- McConnell Dowell - Australia
- Bhushan Steel Limited - India
- Indian Energy Exchange, India
- Mercator Lines Limited - India
- SN Aboitiz Power Inc, Philippines
- Coastal Gujarat Power Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Straits Asia Resources Limited - Singapore
- Heidelberg Cement - Germany
- Globalindo Alam Lestari - Indonesia
- Karaikal Port Pvt Ltd - India
- Sindya Power Generating Company Private Ltd
- PetroVietnam Power Coal Import and Supply Company
- Bayan Resources Tbk. - Indonesia
- Ministry of Finance - Indonesia
- Petron Corporation, Philippines
- Asmin Koalindo Tuhup - Indonesia
- Simpson Spence & Young - Indonesia
- Antam Resourcindo - Indonesia
- Cement Manufacturers Association - India
- IHS Mccloskey Coal Group - USA
- Price Waterhouse Coopers - Russia
- Sical Logistics Limited - India
- Ministry of Mines - Canada
- ASAPP Information Group - India
- TNB Fuel Sdn Bhd - Malaysia
- TeaM Sual Corporation - Philippines
- Indonesian Coal Mining Association
- Indogreen Group - Indonesia
- Parry Sugars Refinery, India
- European Bulk Services B.V. - Netherlands
- Chettinad Cement Corporation Ltd - India
- Rashtriya Ispat Nigam Limited - India
- Tata Chemicals Ltd - India
- Georgia Ports Authority, United States
- Bangladesh Power Developement Board
- Kepco SPC Power Corporation, Philippines
- Aditya Birla Group - India
- CIMB Investment Bank - Malaysia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Dalmia Cement Bharat India
- Miang Besar Coal Terminal - Indonesia
- LBH Netherlands Bv - Netherlands
- Chamber of Mines of South Africa
- Semirara Mining and Power Corporation, Philippines
- Thiess Contractors Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Gujarat Electricity Regulatory Commission - India
- Deloitte Consulting - India
- Kumho Petrochemical, South Korea
- Interocean Group of Companies - India
- Makarim & Taira - Indonesia
- Latin American Coal - Colombia
- Kartika Selabumi Mining - Indonesia
- Directorate Of Revenue Intelligence - India
- Savvy Resources Ltd - HongKong
- Sojitz Corporation - Japan
- Sarangani Energy Corporation, Philippines
- Binh Thuan Hamico - Vietnam
- Australian Coal Association
- Holcim Trading Pte Ltd - Singapore
- Merrill Lynch Commodities Europe
- Kobexindo Tractors - Indoneisa
- Tamil Nadu electricity Board
- MS Steel International - UAE
- Manunggal Multi Energi - Indonesia
- Essar Steel Hazira Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Kohat Cement Company Ltd. - Pakistan
- Indo Tambangraya Megah - Indonesia
- Siam City Cement - Thailand
- Salva Resources Pvt Ltd - India
- Xindia Steels Limited - India
- Agrawal Coal Company - India
- Vijayanagar Sugar Pvt Ltd - India
- Aboitiz Power Corporation - Philippines
- Vedanta Resources Plc - India
- Bulk Trading Sa - Switzerland
- Pendopo Energi Batubara - Indonesia
- Ministry of Transport, Egypt
- Medco Energi Mining Internasional
- International Coal Ventures Pvt Ltd - India
- Ceylon Electricity Board - Sri Lanka
- Toyota Tsusho Corporation, Japan
- Bahari Cakrawala Sebuku - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- India Bulls Power Limited - India
- Intertek Mineral Services - Indonesia
- Sakthi Sugars Limited - India
- Vizag Seaport Private Limited - India
- Star Paper Mills Limited - India
- Indian Oil Corporation Limited
- Offshore Bulk Terminal Pte Ltd, Singapore
- VISA Power Limited - India
- Malabar Cements Ltd - India
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