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