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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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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.
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- Cigading International Bulk Terminal - Indonesia
- GMR Energy Limited - India
- Krishnapatnam Port Company Ltd. - India
- Marubeni Corporation - India
- Billiton Holdings Pty Ltd - Australia
- Trasteel International SA, Italy
- Sakthi Sugars Limited - India
- IEA Clean Coal Centre - UK
- PowerSource Philippines DevCo
- Asia Pacific Energy Resources Ventures Inc, Philippines
- SMC Global Power, Philippines
- Ind-Barath Power Infra Limited - India
- GVK Power & Infra Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Bayan Resources Tbk. - Indonesia
- TeaM Sual Corporation - Philippines
- Gujarat Mineral Development Corp Ltd - India
- Gujarat Electricity Regulatory Commission - India
- Electricity Generating Authority of Thailand
- Petron Corporation, Philippines
- SMG Consultants - Indonesia
- Energy Link Ltd, New Zealand
- Binh Thuan Hamico - Vietnam
- Indian Oil Corporation Limited
- Price Waterhouse Coopers - Russia
- Bharathi Cement Corporation - India
- Orica Australia Pty. Ltd.
- The University of Queensland
- Minerals Council of Australia
- McConnell Dowell - Australia
- Renaissance Capital - South Africa
- Economic Council, Georgia
- GN Power Mariveles Coal Plant, Philippines
- IHS Mccloskey Coal Group - USA
- Salva Resources Pvt Ltd - India
- Bhushan Steel Limited - India
- Interocean Group of Companies - India
- Parry Sugars Refinery, India
- Heidelberg Cement - Germany
- Bukit Asam (Persero) Tbk - Indonesia
- Rio Tinto Coal - Australia
- Lanco Infratech Ltd - India
- Africa Commodities Group - South Africa
- Bukit Baiduri Energy - Indonesia
- Kartika Selabumi Mining - Indonesia
- Energy Development Corp, Philippines
- Ministry of Mines - Canada
- Antam Resourcindo - Indonesia
- Merrill Lynch Commodities Europe
- Miang Besar Coal Terminal - Indonesia
- Australian Coal Association
- Eastern Coal Council - USA
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Wilmar Investment Holdings
- Medco Energi Mining Internasional
- Kaltim Prima Coal - Indonesia
- VISA Power Limited - India
- Meralco Power Generation, Philippines
- Coal and Oil Company - UAE
- Straits Asia Resources Limited - Singapore
- LBH Netherlands Bv - Netherlands
- Tata Chemicals Ltd - India
- Singapore Mercantile Exchange
- Mjunction Services Limited - India
- Coastal Gujarat Power Limited - India
- Parliament of New Zealand
- GAC Shipping (India) Pvt Ltd
- Riau Bara Harum - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Commonwealth Bank - Australia
- Global Business Power Corporation, Philippines
- Holcim Trading Pte Ltd - Singapore
- Kepco SPC Power Corporation, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Leighton Contractors Pty Ltd - Australia
- San Jose City I Power Corp, Philippines
- CIMB Investment Bank - Malaysia
- Sical Logistics Limited - India
- OPG Power Generation Pvt Ltd - India
- Ambuja Cements Ltd - India
- Indo Tambangraya Megah - Indonesia
- Larsen & Toubro Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- CNBM International Corporation - China
- Makarim & Taira - Indonesia
- Attock Cement Pakistan Limited
- Altura Mining Limited, Indonesia
- ASAPP Information Group - India
- Agrawal Coal Company - India
- International Coal Ventures Pvt Ltd - India
- ICICI Bank Limited - India
- Chamber of Mines of South Africa
- Indika Energy - Indonesia
- Barasentosa Lestari - Indonesia
- Jaiprakash Power Ventures ltd
- Asmin Koalindo Tuhup - Indonesia
- Star Paper Mills Limited - India
- Savvy Resources Ltd - HongKong
- Ceylon Electricity Board - Sri Lanka
- Semirara Mining and Power Corporation, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- PNOC Exploration Corporation - Philippines
- Power Finance Corporation Ltd., India
- Bhatia International Limited - India
- Central Java Power - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Sarangani Energy Corporation, Philippines
- Kalimantan Lumbung Energi - Indonesia
- Romanian Commodities Exchange
- Kideco Jaya Agung - Indonesia
- Borneo Indobara - Indonesia
- Bulk Trading Sa - Switzerland
- Bank of Tokyo Mitsubishi UFJ Ltd
- Toyota Tsusho Corporation, Japan
- Kumho Petrochemical, South Korea
- Thai Mozambique Logistica
- Globalindo Alam Lestari - Indonesia
- Xindia Steels Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Wood Mackenzie - Singapore
- Neyveli Lignite Corporation Ltd, - India
- Kobexindo Tractors - Indoneisa
- Pipit Mutiara Jaya. PT, Indonesia
- New Zealand Coal & Carbon
- European Bulk Services B.V. - Netherlands
- Electricity Authority, New Zealand
- Uttam Galva Steels Limited - India
- Grasim Industreis Ltd - India
- South Luzon Thermal Energy Corporation
- Deloitte Consulting - India
- Sojitz Corporation - Japan
- Planning Commission, India
- Meenaskhi Energy Private Limited - India
- Oldendorff Carriers - Singapore
- Thiess Contractors Indonesia
- Edison Trading Spa - Italy
- Indogreen Group - Indonesia
- Standard Chartered Bank - UAE
- Gujarat Sidhee Cement - India
- Simpson Spence & Young - Indonesia
- Sree Jayajothi Cements Limited - India
- Formosa Plastics Group - Taiwan
- Tamil Nadu electricity Board
- Mercuria Energy - Indonesia
- Ministry of Transport, Egypt
- Dalmia Cement Bharat India
- Malabar Cements Ltd - India
- Eastern Energy - Thailand
- Mercator Lines Limited - India
- Ministry of Finance - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Vizag Seaport Private Limited - India
- Central Electricity Authority - India
- Metalloyd Limited - United Kingdom
- Banpu Public Company Limited - Thailand
- Madhucon Powers Ltd - India
- MS Steel International - UAE
- Jindal Steel & Power Ltd - India
- Karaikal Port Pvt Ltd - India
- Australian Commodity Traders Exchange
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Vedanta Resources Plc - India
- Siam City Cement PLC, Thailand
- AsiaOL BioFuels Corp., Philippines
- Indian Energy Exchange, India
- Siam City Cement - Thailand
- Mintek Dendrill Indonesia
- The State Trading Corporation of India Ltd
- The Treasury - Australian Government
- Sindya Power Generating Company Private Ltd
- Maheswari Brothers Coal Limited - India
- India Bulls Power Limited - India
- Coalindo Energy - Indonesia
- Essar Steel Hazira Ltd - India
- SN Aboitiz Power Inc, Philippines
- Semirara Mining Corp, Philippines
- Iligan Light & Power Inc, Philippines
- Bukit Makmur.PT - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Indonesian Coal Mining Association
- Aboitiz Power Corporation - Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Manunggal Multi Energi - Indonesia
- Global Green Power PLC Corporation, Philippines
- Therma Luzon, Inc, Philippines
- Timah Investasi Mineral - Indoneisa
- Alfred C Toepfer International GmbH - Germany
- Baramulti Group, Indonesia
- Chettinad Cement Corporation Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- Videocon Industries ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Port Waratah Coal Services - Australia
- Kapuas Tunggal Persada - Indonesia
- Rashtriya Ispat Nigam Limited - India
- PTC India Limited - India
- Carbofer General Trading SA - India
- Bhoruka Overseas - Indonesia
- Posco Energy - South Korea
- Aditya Birla Group - India
- London Commodity Brokers - England
- Cement Manufacturers Association - India
- Orica Mining Services - Indonesia
- Intertek Mineral Services - Indonesia
- Anglo American - United Kingdom
- Pendopo Energi Batubara - Indonesia
- Goldman Sachs - Singapore
- Georgia Ports Authority, United States
- Latin American Coal - Colombia
- White Energy Company Limited
- Independent Power Producers Association of India
- Bangladesh Power Developement Board
- Offshore Bulk Terminal Pte Ltd, Singapore
- Samtan Co., Ltd - South Korea
- Global Coal Blending Company Limited - Australia
- Directorate Of Revenue Intelligence - India
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