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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, 10 July 20
GLOBAL SHIPPING EARNINGS FORECAST CUT AS SUPPLY SET TO OUTSTRIP DEMAND - MOODY'S
EBITDA forecast worsens, keeping outlook negative. We now expect the aggregate EBITDA of rated shipping companies to fall by around 16%-18% in 2020 ...
Friday, 10 July 20
SLOW RECOVERY IN TANKER RATES TO WEIGH ON BUANA LINTAS LAUTAN - FITCH RATINGS
Fitch Ratings believes that international tanker rates are likely improve after their sharp fall since May 2020, albeit at a slow pace. The weaknes ...
Wednesday, 08 July 20
MARKET INSIGHT - INTERMODAL
During the previous month, the dry bulk market witnessed an impressive increase in the BDI index that has reached 1800 points from 500 with a clear ...
Tuesday, 07 July 20
COAL INDIA WORKERS STRIKE CUTS OUTPUT BY 56%: OFFICIAL - REUTERS
A strike at Coal India Ltd cut production by 56% in the three days ending July 4 as workers oppose opening up coal mining to the private sector, a ...
Tuesday, 07 July 20
WHAT DOES THE PATHWAY TO A NET-ZERO ECONOMY LOOK LIKE FOR MINERS? - WOOD MACKENZIE
Wind, solar, electric vehicles, stationary storage and transmission are all central to achieving the Paris Agreement decarbonisation goals.
&nb ...
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- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Jaiprakash Power Ventures ltd
- Baramulti Group, Indonesia
- Port Waratah Coal Services - Australia
- PTC India Limited - India
- Posco Energy - South Korea
- Siam City Cement - Thailand
- Kumho Petrochemical, South Korea
- Gujarat Mineral Development Corp Ltd - India
- Straits Asia Resources Limited - Singapore
- Sojitz Corporation - Japan
- PetroVietnam Power Coal Import and Supply Company
- The State Trading Corporation of India Ltd
- Karbindo Abesyapradhi - Indoneisa
- Madhucon Powers Ltd - India
- OPG Power Generation Pvt Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- SMC Global Power, Philippines
- LBH Netherlands Bv - Netherlands
- GMR Energy Limited - India
- Mintek Dendrill Indonesia
- Tamil Nadu electricity Board
- Petron Corporation, Philippines
- Anglo American - United Kingdom
- Ambuja Cements Ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- Xindia Steels Limited - India
- Videocon Industries ltd - India
- Toyota Tsusho Corporation, Japan
- Wilmar Investment Holdings
- Barasentosa Lestari - Indonesia
- PowerSource Philippines DevCo
- Banpu Public Company Limited - Thailand
- SN Aboitiz Power Inc, Philippines
- Rio Tinto Coal - Australia
- The Treasury - Australian Government
- Globalindo Alam Lestari - Indonesia
- Pendopo Energi Batubara - Indonesia
- South Luzon Thermal Energy Corporation
- Parliament of New Zealand
- Meenaskhi Energy Private Limited - India
- Africa Commodities Group - South Africa
- TNB Fuel Sdn Bhd - Malaysia
- Thai Mozambique Logistica
- Renaissance Capital - South Africa
- McConnell Dowell - Australia
- PNOC Exploration Corporation - Philippines
- Gujarat Electricity Regulatory Commission - India
- Pipit Mutiara Jaya. PT, Indonesia
- Energy Link Ltd, New Zealand
- Billiton Holdings Pty Ltd - Australia
- Trasteel International SA, Italy
- Manunggal Multi Energi - Indonesia
- Therma Luzon, Inc, Philippines
- Chettinad Cement Corporation Ltd - India
- Attock Cement Pakistan Limited
- Kalimantan Lumbung Energi - Indonesia
- Siam City Cement PLC, Thailand
- Marubeni Corporation - India
- Star Paper Mills Limited - India
- Wood Mackenzie - Singapore
- Kideco Jaya Agung - Indonesia
- Orica Mining Services - Indonesia
- Salva Resources Pvt Ltd - India
- IEA Clean Coal Centre - UK
- Sinarmas Energy and Mining - Indonesia
- Merrill Lynch Commodities Europe
- Bulk Trading Sa - Switzerland
- Carbofer General Trading SA - India
- Edison Trading Spa - Italy
- Gujarat Sidhee Cement - India
- Bayan Resources Tbk. - Indonesia
- Central Electricity Authority - India
- Global Business Power Corporation, Philippines
- Bhatia International Limited - India
- Semirara Mining and Power Corporation, Philippines
- Mercuria Energy - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Vedanta Resources Plc - India
- Electricity Authority, New Zealand
- Australian Coal Association
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Cement Manufacturers Association - India
- Essar Steel Hazira Ltd - India
- Formosa Plastics Group - Taiwan
- Krishnapatnam Port Company Ltd. - India
- Sical Logistics Limited - India
- Price Waterhouse Coopers - Russia
- Neyveli Lignite Corporation Ltd, - India
- Bukit Baiduri Energy - Indonesia
- New Zealand Coal & Carbon
- Sarangani Energy Corporation, Philippines
- Kobexindo Tractors - Indoneisa
- Parry Sugars Refinery, India
- CNBM International Corporation - China
- MS Steel International - UAE
- Aditya Birla Group - India
- Sindya Power Generating Company Private Ltd
- Standard Chartered Bank - UAE
- Deloitte Consulting - India
- Semirara Mining Corp, Philippines
- Independent Power Producers Association of India
- Jindal Steel & Power Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Global Green Power PLC Corporation, Philippines
- Ceylon Electricity Board - Sri Lanka
- Ind-Barath Power Infra Limited - India
- Kartika Selabumi Mining - Indonesia
- Bukit Makmur.PT - Indonesia
- Agrawal Coal Company - India
- Samtan Co., Ltd - South Korea
- Altura Mining Limited, Indonesia
- Indian Oil Corporation Limited
- Chamber of Mines of South Africa
- ICICI Bank Limited - India
- San Jose City I Power Corp, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Riau Bara Harum - Indonesia
- Borneo Indobara - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Coalindo Energy - Indonesia
- Goldman Sachs - Singapore
- CIMB Investment Bank - Malaysia
- TeaM Sual Corporation - Philippines
- Oldendorff Carriers - Singapore
- Metalloyd Limited - United Kingdom
- Sakthi Sugars Limited - India
- SMG Consultants - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Miang Besar Coal Terminal - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Thiess Contractors Indonesia
- Karaikal Port Pvt Ltd - India
- Iligan Light & Power Inc, Philippines
- VISA Power Limited - India
- Indogreen Group - Indonesia
- Minerals Council of Australia
- Savvy Resources Ltd - HongKong
- Commonwealth Bank - Australia
- Meralco Power Generation, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Mjunction Services Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Directorate Of Revenue Intelligence - India
- Malabar Cements Ltd - India
- Planning Commission, India
- Holcim Trading Pte Ltd - Singapore
- Kapuas Tunggal Persada - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- IHS Mccloskey Coal Group - USA
- Coal and Oil Company - UAE
- Eastern Energy - Thailand
- Eastern Coal Council - USA
- India Bulls Power Limited - India
- Vizag Seaport Private Limited - India
- Orica Australia Pty. Ltd.
- Latin American Coal - Colombia
- Kohat Cement Company Ltd. - Pakistan
- Indian Energy Exchange, India
- Energy Development Corp, Philippines
- Indika Energy - Indonesia
- Dalmia Cement Bharat India
- Bhoruka Overseas - Indonesia
- Intertek Mineral Services - Indonesia
- White Energy Company Limited
- Bhushan Steel Limited - India
- ASAPP Information Group - India
- Lanco Infratech Ltd - India
- Power Finance Corporation Ltd., India
- AsiaOL BioFuels Corp., Philippines
- Ministry of Finance - Indonesia
- Interocean Group of Companies - India
- Timah Investasi Mineral - Indoneisa
- International Coal Ventures Pvt Ltd - India
- Ministry of Transport, Egypt
- Tata Chemicals Ltd - India
- Antam Resourcindo - Indonesia
- Mercator Lines Limited - India
- The University of Queensland
- Binh Thuan Hamico - Vietnam
- Leighton Contractors Pty Ltd - Australia
- Ministry of Mines - Canada
- Electricity Generating Authority of Thailand
- Central Java Power - Indonesia
- Economic Council, Georgia
- GVK Power & Infra Limited - India
- Cigading International Bulk Terminal - Indonesia
- Kepco SPC Power Corporation, Philippines
- London Commodity Brokers - England
- Australian Commodity Traders Exchange
- Larsen & Toubro Limited - India
- Makarim & Taira - Indonesia
- Bangladesh Power Developement Board
- Indo Tambangraya Megah - Indonesia
- Uttam Galva Steels Limited - India
- Kaltim Prima Coal - Indonesia
- Medco Energi Mining Internasional
- Bank of Tokyo Mitsubishi UFJ Ltd
- Maheswari Brothers Coal Limited - India
- Heidelberg Cement - Germany
- Coastal Gujarat Power Limited - India
- Global Coal Blending Company Limited - Australia
- Aboitiz Power Corporation - Philippines
- GAC Shipping (India) Pvt Ltd
- Grasim Industreis Ltd - India
- Indonesian Coal Mining Association
- Simpson Spence & Young - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Sree Jayajothi Cements Limited - India
- European Bulk Services B.V. - Netherlands
- Romanian Commodities Exchange
- Singapore Mercantile Exchange
- Bharathi Cement Corporation - India
- Georgia Ports Authority, United States
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