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Tuesday, 19 July 22
GERMANY'S INCREASED COAL, OIL USE WILL BE TEMPORARY, SCHOLZ SAYS - CNBC
Chancellor Olaf Scholz says Germany’s decision to reactivate coal and oil-fired power plants to relieve energy shortages because of the war in Ukraine is only temporary and his government remains committed to doing “everything” to combat the climate crisis.
In a video message Saturday, Scholz expressed regret over Germany’s decision to fire up 16 dormant fossil fuel power plants and extend the operating permission for 11 more amid fears of further cuts in natural gas supplies from Russia.
“The fact that because of Russia’s brutal attack on Ukraine we now have to temporarily use some power plants that we had already taken out of operation is bitter,” he said. “But it is only for a very short time.”
Scholz insisted that Germany remains committed to ending its greenhouse gas emissions by 2045 — the earliest of any major industrialized nation — and noted a recent package of measures approved by parliament to boost the rollout of renewable energy.
“We want to do everything we can to combat the climate crisis,” he said.
But environmentalists say the government could be doing much more, including imposing a general speed limit and restricting domestic flights to save fuel. Climate campaigners have also blocked major roads in and around Berlin recently in protest against plans for new oil and gas projects in the North Sea.
Scholz and the country’s energy minister, Robert Habeck, have ruled out extending the operating life of Germany’s three remaining nuclear plants beyond this year, arguing that this would not solve Germany’s energy needs.
Source: CNBC
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Friday, 06 September 24
REBOUND IN OIL DEMAND COULD LIFT MARKET IN LATTER HALF OF 2024 - BIMCO
Supply/demand
Based on a strong second half demand, the supply/balance is forecast to strengthen in 2024 but weaken slightly in 2025 as n ...
Friday, 06 September 24
GLOBAL SEABORNE LNG TRADE HAS CONTINUED TO INCREASE LAST YEAR - BANCHERO COSTA
Global seaborne LNG trade has continued to increase last year, helped also by the events in Ukraine which forced Europe to diversify away from Russ ...
Wednesday, 28 August 24
SEABORNE COAL IMPORTS INTO INDIA INCREASED BY +9.9% Y-O-Y TO 146.6 MLN T - BANCHERO COSTA
Global coal trade has really picked up pace over the past year, and is now fully back to pre-Covid levels said Banchero Costa Research in its lates ...
Tuesday, 06 August 24
EXERCISE CAUTION WITH AMMONIA SWITCH - BALTIC EXCHANGE
A new study from the Massachusetts Institute of Technology (MIT) has thrown a spanner into the plan to transition ships from diesel fuel to ammonia ...
Friday, 02 August 24
ENERGY MARKET DEVELOPMENTS: COAL AND NATURAL GAS PRICES REACH RECORD HIGHS - WORLD BANK
The recent surge in natural gas and coal prices has been so swift that the main benchmarks were roughly three times higher in 2022Q2 compared to a ...
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- Cigading International Bulk Terminal - Indonesia
- Bukit Baiduri Energy - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Miang Besar Coal Terminal - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Edison Trading Spa - Italy
- Trasteel International SA, Italy
- TNB Fuel Sdn Bhd - Malaysia
- Orica Mining Services - Indonesia
- Pendopo Energi Batubara - Indonesia
- Parliament of New Zealand
- GN Power Mariveles Coal Plant, Philippines
- OPG Power Generation Pvt Ltd - India
- Kideco Jaya Agung - Indonesia
- Meralco Power Generation, Philippines
- Borneo Indobara - Indonesia
- Straits Asia Resources Limited - Singapore
- Ministry of Finance - Indonesia
- Global Business Power Corporation, Philippines
- Merrill Lynch Commodities Europe
- Central Java Power - Indonesia
- Mercator Lines Limited - India
- PowerSource Philippines DevCo
- Independent Power Producers Association of India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Star Paper Mills Limited - India
- Iligan Light & Power Inc, Philippines
- Jaiprakash Power Ventures ltd
- Vijayanagar Sugar Pvt Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- Bahari Cakrawala Sebuku - Indonesia
- San Jose City I Power Corp, Philippines
- The State Trading Corporation of India Ltd
- Kobexindo Tractors - Indoneisa
- Videocon Industries ltd - India
- Sinarmas Energy and Mining - Indonesia
- Bangladesh Power Developement Board
- Posco Energy - South Korea
- GMR Energy Limited - India
- Makarim & Taira - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Malabar Cements Ltd - India
- GAC Shipping (India) Pvt Ltd
- Chettinad Cement Corporation Ltd - India
- Mjunction Services Limited - India
- Alfred C Toepfer International GmbH - Germany
- Ind-Barath Power Infra Limited - India
- Thiess Contractors Indonesia
- Thai Mozambique Logistica
- Semirara Mining and Power Corporation, Philippines
- Bharathi Cement Corporation - India
- Uttam Galva Steels Limited - India
- Wilmar Investment Holdings
- Price Waterhouse Coopers - Russia
- McConnell Dowell - Australia
- Ministry of Mines - Canada
- Renaissance Capital - South Africa
- Essar Steel Hazira Ltd - India
- Siam City Cement - Thailand
- Orica Australia Pty. Ltd.
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Metalloyd Limited - United Kingdom
- SMC Global Power, Philippines
- Barasentosa Lestari - Indonesia
- Parry Sugars Refinery, India
- Carbofer General Trading SA - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Intertek Mineral Services - Indonesia
- South Luzon Thermal Energy Corporation
- Aditya Birla Group - India
- ICICI Bank Limited - India
- CIMB Investment Bank - Malaysia
- Sojitz Corporation - Japan
- Gujarat Sidhee Cement - India
- PNOC Exploration Corporation - Philippines
- Gujarat Mineral Development Corp Ltd - India
- Indo Tambangraya Megah - Indonesia
- Australian Coal Association
- Baramulti Group, Indonesia
- Lanco Infratech Ltd - India
- Rio Tinto Coal - Australia
- Coalindo Energy - Indonesia
- Vedanta Resources Plc - India
- Billiton Holdings Pty Ltd - Australia
- Petron Corporation, Philippines
- Therma Luzon, Inc, Philippines
- Ministry of Transport, Egypt
- Dalmia Cement Bharat India
- Wood Mackenzie - Singapore
- GVK Power & Infra Limited - India
- Eastern Energy - Thailand
- IHS Mccloskey Coal Group - USA
- Singapore Mercantile Exchange
- Global Green Power PLC Corporation, Philippines
- Globalindo Alam Lestari - Indonesia
- Deloitte Consulting - India
- Kalimantan Lumbung Energi - Indonesia
- Semirara Mining Corp, Philippines
- Kumho Petrochemical, South Korea
- Ambuja Cements Ltd - India
- Bukit Makmur.PT - Indonesia
- Economic Council, Georgia
- Bulk Trading Sa - Switzerland
- Port Waratah Coal Services - Australia
- Attock Cement Pakistan Limited
- Commonwealth Bank - Australia
- Mercuria Energy - Indonesia
- Xindia Steels Limited - India
- Grasim Industreis Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Karaikal Port Pvt Ltd - India
- Tamil Nadu electricity Board
- New Zealand Coal & Carbon
- Kaltim Prima Coal - Indonesia
- Simpson Spence & Young - Indonesia
- The Treasury - Australian Government
- Indonesian Coal Mining Association
- Altura Mining Limited, Indonesia
- Latin American Coal - Colombia
- Planning Commission, India
- Kohat Cement Company Ltd. - Pakistan
- Gujarat Electricity Regulatory Commission - India
- White Energy Company Limited
- Jorong Barutama Greston.PT - Indonesia
- Maheswari Brothers Coal Limited - India
- Krishnapatnam Port Company Ltd. - India
- Salva Resources Pvt Ltd - India
- Tata Chemicals Ltd - India
- Georgia Ports Authority, United States
- CNBM International Corporation - China
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Electricity Generating Authority of Thailand
- Siam City Cement PLC, Thailand
- Pipit Mutiara Jaya. PT, Indonesia
- VISA Power Limited - India
- Power Finance Corporation Ltd., India
- Coastal Gujarat Power Limited - India
- Samtan Co., Ltd - South Korea
- SN Aboitiz Power Inc, Philippines
- Formosa Plastics Group - Taiwan
- Riau Bara Harum - Indonesia
- Sakthi Sugars Limited - India
- Ceylon Electricity Board - Sri Lanka
- Vizag Seaport Private Limited - India
- Oldendorff Carriers - Singapore
- Bayan Resources Tbk. - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Medco Energi Mining Internasional
- Bhoruka Overseas - Indonesia
- Eastern Coal Council - USA
- Leighton Contractors Pty Ltd - Australia
- Goldman Sachs - Singapore
- Manunggal Multi Energi - Indonesia
- Binh Thuan Hamico - Vietnam
- Sindya Power Generating Company Private Ltd
- AsiaOL BioFuels Corp., Philippines
- Kepco SPC Power Corporation, Philippines
- Meenaskhi Energy Private Limited - India
- Energy Link Ltd, New Zealand
- Kartika Selabumi Mining - Indonesia
- Bhushan Steel Limited - India
- Timah Investasi Mineral - Indoneisa
- Marubeni Corporation - India
- Anglo American - United Kingdom
- Interocean Group of Companies - India
- Indogreen Group - Indonesia
- European Bulk Services B.V. - Netherlands
- Larsen & Toubro Limited - India
- Romanian Commodities Exchange
- LBH Netherlands Bv - Netherlands
- IEA Clean Coal Centre - UK
- Minerals Council of Australia
- Heidelberg Cement - Germany
- Toyota Tsusho Corporation, Japan
- Indika Energy - Indonesia
- MS Steel International - UAE
- TeaM Sual Corporation - Philippines
- Standard Chartered Bank - UAE
- Coal and Oil Company - UAE
- Karbindo Abesyapradhi - Indoneisa
- Maharashtra Electricity Regulatory Commission - India
- Global Coal Blending Company Limited - Australia
- Bukit Asam (Persero) Tbk - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- The University of Queensland
- PTC India Limited - India
- Indian Oil Corporation Limited
- Sical Logistics Limited - India
- Savvy Resources Ltd - HongKong
- Directorate General of MIneral and Coal - Indonesia
- Agrawal Coal Company - India
- Chamber of Mines of South Africa
- Bhatia International Limited - India
- Central Electricity Authority - India
- Jindal Steel & Power Ltd - India
- India Bulls Power Limited - India
- Aboitiz Power Corporation - Philippines
- Indian Energy Exchange, India
- International Coal Ventures Pvt Ltd - India
- Australian Commodity Traders Exchange
- Madhucon Powers Ltd - India
- Sarangani Energy Corporation, Philippines
- ASAPP Information Group - India
- Antam Resourcindo - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Sree Jayajothi Cements Limited - India
- Banpu Public Company Limited - Thailand
- Electricity Authority, New Zealand
- Holcim Trading Pte Ltd - Singapore
- Mintek Dendrill Indonesia
- Energy Development Corp, Philippines
- Africa Commodities Group - South Africa
- Directorate Of Revenue Intelligence - India
- SMG Consultants - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Cement Manufacturers Association - India
- London Commodity Brokers - England
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