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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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Wednesday, 07 April 21
MARKET INSIGHT - INTERMODAL
Following the end of the catholic easter, during which the majority of shipping market participants were on holidays, it is interesting to note a f ...
Wednesday, 07 April 21
COAL USED TO GENERATE ELECTRIC POWER IN U.S. WILL INCREASE BY 13 PERCENT TO 495 MMST IN 2021 - EIA
EIA expects U.S. coal production to total 585 MMst in 2021, 46 MMst (9%) more than in 2020. In 2022, EIA expects coal production to grow by an addi ...
Wednesday, 31 March 21
CHINA TAIYUAN COAL TRANSACTION PRICE INDEX UP 0.12 PCT - XINHUA
China Taiyuan coal transaction price index stood at 139.03 points Monday, up 0.12 percent week on week.
The index, released by China ...
Wednesday, 31 March 21
MARKET INSIGHT - INTERMODAL
Over the past week, the biggest story has been the blockage of the Suez Canal, as a result of the grounding of the container ship Ever Given. At th ...
Monday, 29 March 21
MOODY'S: OUTLOOK FOR GLOBAL METALS AND MINING INDUSTRY TURNS POSITIVE ON HIGHER EBITDA IN PANDEMIC'S WAKE
- Demand for steel, iron ore and copper will rise, while aluminum, nickel and zinc will remain in surplus
- EBITDA is expected to ...
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- Standard Chartered Bank - UAE
- Global Coal Blending Company Limited - Australia
- Medco Energi Mining Internasional
- Mercuria Energy - Indonesia
- Iligan Light & Power Inc, Philippines
- Global Green Power PLC Corporation, Philippines
- Ministry of Transport, Egypt
- Bukit Baiduri Energy - Indonesia
- Indika Energy - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- VISA Power Limited - India
- Commonwealth Bank - Australia
- Orica Mining Services - Indonesia
- ASAPP Information Group - India
- Borneo Indobara - Indonesia
- Mjunction Services Limited - India
- Trasteel International SA, Italy
- Global Business Power Corporation, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Uttam Galva Steels Limited - India
- Jindal Steel & Power Ltd - India
- Salva Resources Pvt Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- The University of Queensland
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Aditya Birla Group - India
- Wilmar Investment Holdings
- Anglo American - United Kingdom
- Rashtriya Ispat Nigam Limited - India
- Energy Development Corp, Philippines
- Billiton Holdings Pty Ltd - Australia
- Grasim Industreis Ltd - India
- White Energy Company Limited
- Vizag Seaport Private Limited - India
- IHS Mccloskey Coal Group - USA
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Ministry of Finance - Indonesia
- IEA Clean Coal Centre - UK
- Romanian Commodities Exchange
- Electricity Generating Authority of Thailand
- Karaikal Port Pvt Ltd - India
- Eastern Coal Council - USA
- Merrill Lynch Commodities Europe
- Indonesian Coal Mining Association
- Krishnapatnam Port Company Ltd. - India
- Indo Tambangraya Megah - Indonesia
- Energy Link Ltd, New Zealand
- Gujarat Electricity Regulatory Commission - India
- Pipit Mutiara Jaya. PT, Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Indogreen Group - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Oldendorff Carriers - Singapore
- Jaiprakash Power Ventures ltd
- Therma Luzon, Inc, Philippines
- Maheswari Brothers Coal Limited - India
- Attock Cement Pakistan Limited
- Marubeni Corporation - India
- Orica Australia Pty. Ltd.
- GVK Power & Infra Limited - India
- Port Waratah Coal Services - Australia
- Carbofer General Trading SA - India
- Indian Energy Exchange, India
- Sarangani Energy Corporation, Philippines
- Semirara Mining and Power Corporation, Philippines
- Essar Steel Hazira Ltd - India
- Ind-Barath Power Infra Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Intertek Mineral Services - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Altura Mining Limited, Indonesia
- Georgia Ports Authority, United States
- Aboitiz Power Corporation - Philippines
- Chamber of Mines of South Africa
- Lanco Infratech Ltd - India
- TeaM Sual Corporation - Philippines
- Madhucon Powers Ltd - India
- Semirara Mining Corp, Philippines
- Neyveli Lignite Corporation Ltd, - India
- Chettinad Cement Corporation Ltd - India
- Bharathi Cement Corporation - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Directorate Of Revenue Intelligence - India
- Videocon Industries ltd - India
- Toyota Tsusho Corporation, Japan
- Planning Commission, India
- Coalindo Energy - Indonesia
- SMG Consultants - Indonesia
- Sree Jayajothi Cements Limited - India
- OPG Power Generation Pvt Ltd - India
- Bhatia International Limited - India
- Meralco Power Generation, Philippines
- Latin American Coal - Colombia
- Sojitz Corporation - Japan
- Sinarmas Energy and Mining - Indonesia
- Thiess Contractors Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Binh Thuan Hamico - Vietnam
- PowerSource Philippines DevCo
- GN Power Mariveles Coal Plant, Philippines
- GMR Energy Limited - India
- CIMB Investment Bank - Malaysia
- Holcim Trading Pte Ltd - Singapore
- The State Trading Corporation of India Ltd
- Bukit Asam (Persero) Tbk - Indonesia
- Kideco Jaya Agung - Indonesia
- SMC Global Power, Philippines
- London Commodity Brokers - England
- Mintek Dendrill Indonesia
- Economic Council, Georgia
- Karbindo Abesyapradhi - Indoneisa
- Coal and Oil Company - UAE
- Kohat Cement Company Ltd. - Pakistan
- Antam Resourcindo - Indonesia
- Interocean Group of Companies - India
- Maharashtra Electricity Regulatory Commission - India
- Straits Asia Resources Limited - Singapore
- Bayan Resources Tbk. - Indonesia
- Meenaskhi Energy Private Limited - India
- Rio Tinto Coal - Australia
- Kepco SPC Power Corporation, Philippines
- Banpu Public Company Limited - Thailand
- McConnell Dowell - Australia
- Australian Commodity Traders Exchange
- Power Finance Corporation Ltd., India
- The Treasury - Australian Government
- Asmin Koalindo Tuhup - Indonesia
- European Bulk Services B.V. - Netherlands
- Coastal Gujarat Power Limited - India
- Mercator Lines Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Tamil Nadu electricity Board
- Gujarat Sidhee Cement - India
- Singapore Mercantile Exchange
- Samtan Co., Ltd - South Korea
- Sakthi Sugars Limited - India
- Malabar Cements Ltd - India
- Africa Commodities Group - South Africa
- MS Steel International - UAE
- Independent Power Producers Association of India
- Manunggal Multi Energi - Indonesia
- Barasentosa Lestari - Indonesia
- Wood Mackenzie - Singapore
- Leighton Contractors Pty Ltd - Australia
- Parry Sugars Refinery, India
- Petrochimia International Co. Ltd.- Taiwan
- CNBM International Corporation - China
- Bhushan Steel Limited - India
- Bulk Trading Sa - Switzerland
- Goldman Sachs - Singapore
- Makarim & Taira - Indonesia
- Star Paper Mills Limited - India
- Eastern Energy - Thailand
- Electricity Authority, New Zealand
- Petron Corporation, Philippines
- Timah Investasi Mineral - Indoneisa
- San Jose City I Power Corp, Philippines
- ICICI Bank Limited - India
- Pendopo Energi Batubara - Indonesia
- Price Waterhouse Coopers - Russia
- Kaltim Prima Coal - Indonesia
- Bangladesh Power Developement Board
- Cement Manufacturers Association - India
- International Coal Ventures Pvt Ltd - India
- Parliament of New Zealand
- Heidelberg Cement - Germany
- Sindya Power Generating Company Private Ltd
- Renaissance Capital - South Africa
- Agrawal Coal Company - India
- Central Electricity Authority - India
- Indian Oil Corporation Limited
- Edison Trading Spa - Italy
- Minerals Council of Australia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Gujarat Mineral Development Corp Ltd - India
- Simpson Spence & Young - Indonesia
- Posco Energy - South Korea
- Kobexindo Tractors - Indoneisa
- Baramulti Group, Indonesia
- Ceylon Electricity Board - Sri Lanka
- Xindia Steels Limited - India
- Australian Coal Association
- Formosa Plastics Group - Taiwan
- Directorate General of MIneral and Coal - Indonesia
- Siam City Cement PLC, Thailand
- Deloitte Consulting - India
- Kumho Petrochemical, South Korea
- PNOC Exploration Corporation - Philippines
- Tata Chemicals Ltd - India
- Kartika Selabumi Mining - Indonesia
- Ministry of Mines - Canada
- Bank of Tokyo Mitsubishi UFJ Ltd
- India Bulls Power Limited - India
- Kapuas Tunggal Persada - Indonesia
- PTC India Limited - India
- Metalloyd Limited - United Kingdom
- Cigading International Bulk Terminal - Indonesia
- LBH Netherlands Bv - Netherlands
- GAC Shipping (India) Pvt Ltd
- Dalmia Cement Bharat India
- Sical Logistics Limited - India
- South Luzon Thermal Energy Corporation
- Siam City Cement - Thailand
- Central Java Power - Indonesia
- Vedanta Resources Plc - India
- SN Aboitiz Power Inc, Philippines
- Savvy Resources Ltd - HongKong
- New Zealand Coal & Carbon
- Thai Mozambique Logistica
- Globalindo Alam Lestari - Indonesia
- Riau Bara Harum - Indonesia
- Larsen & Toubro Limited - India
- Bhoruka Overseas - Indonesia
- Ambuja Cements Ltd - India
- Bukit Makmur.PT - Indonesia
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