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