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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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Tuesday, 19 July 22
DRY BULK MARKET: CAPESIZE MARKET FIRMS THIS WEEK - BALTIC EXCHANGE
Capesize
Firmer sentiment across both basins pushed the Capesize 5TC route average above the $20,000 threshold this week, closing at $24,209. A ...
Tuesday, 19 July 22
WHY SHIPPING MIGHT BE ABOUT TO GET A LITTLE BIT SLOWER - WORLD ECONOMIC FORUM
If shipping is the beating heart of global trade, its pulse is about to get slower.
Faced with uncertainty about which fuels to use in the long ...
Tuesday, 19 July 22
INDONESIA REMOVES PALM OIL EXPORT LEVY UNTIL AUG. 31 - REUTERS
Indonesia has scrapped its export levy for all palm oil products until Aug. 31 in a fresh attempt to boost exports and ease high inventories, finan ...
Tuesday, 19 July 22
CHINA'S JUNE DAILY COAL OUTPUT JUMPS ON PEAK SUMMER DEMAND - REUTERS
China’s daily coal output in June rose 6.6 per cent from a month earlier as miners cranked up output ahead of peak summer temperatures, when ...
Tuesday, 19 July 22
SEEING RED? - WOOD MACKENZIE
What a Republican mid-term victory could mean for US energy and climate policy
According to current polling the Republican Party has ...
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- Malabar Cements Ltd - India
- Uttam Galva Steels Limited - India
- Goldman Sachs - Singapore
- Asmin Koalindo Tuhup - Indonesia
- Minerals Council of Australia
- PetroVietnam Power Coal Import and Supply Company
- Essar Steel Hazira Ltd - India
- SMG Consultants - Indonesia
- Ind-Barath Power Infra Limited - India
- Ministry of Transport, Egypt
- International Coal Ventures Pvt Ltd - India
- Videocon Industries ltd - India
- The University of Queensland
- Jindal Steel & Power Ltd - India
- Interocean Group of Companies - India
- Metalloyd Limited - United Kingdom
- Billiton Holdings Pty Ltd - Australia
- Dalmia Cement Bharat India
- Mercator Lines Limited - India
- LBH Netherlands Bv - Netherlands
- Heidelberg Cement - Germany
- Baramulti Group, Indonesia
- Indogreen Group - Indonesia
- Pendopo Energi Batubara - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Indika Energy - Indonesia
- White Energy Company Limited
- Samtan Co., Ltd - South Korea
- The Treasury - Australian Government
- Semirara Mining Corp, Philippines
- Barasentosa Lestari - Indonesia
- Sindya Power Generating Company Private Ltd
- Meralco Power Generation, Philippines
- Energy Link Ltd, New Zealand
- Banpu Public Company Limited - Thailand
- Kalimantan Lumbung Energi - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Oldendorff Carriers - Singapore
- GVK Power & Infra Limited - India
- GN Power Mariveles Coal Plant, Philippines
- ICICI Bank Limited - India
- Thiess Contractors Indonesia
- Sree Jayajothi Cements Limited - India
- Bayan Resources Tbk. - Indonesia
- Commonwealth Bank - Australia
- GAC Shipping (India) Pvt Ltd
- ASAPP Information Group - India
- CIMB Investment Bank - Malaysia
- Rio Tinto Coal - Australia
- Global Green Power PLC Corporation, Philippines
- Merrill Lynch Commodities Europe
- Savvy Resources Ltd - HongKong
- Central Java Power - Indonesia
- Chettinad Cement Corporation Ltd - India
- Bhoruka Overseas - Indonesia
- Wilmar Investment Holdings
- Iligan Light & Power Inc, Philippines
- Bulk Trading Sa - Switzerland
- Maheswari Brothers Coal Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Singapore Mercantile Exchange
- Madhucon Powers Ltd - India
- Timah Investasi Mineral - Indoneisa
- Larsen & Toubro Limited - India
- India Bulls Power Limited - India
- Borneo Indobara - Indonesia
- Price Waterhouse Coopers - Russia
- Sojitz Corporation - Japan
- Kepco SPC Power Corporation, Philippines
- Wood Mackenzie - Singapore
- Standard Chartered Bank - UAE
- Edison Trading Spa - Italy
- Kapuas Tunggal Persada - Indonesia
- Eastern Coal Council - USA
- Ambuja Cements Ltd - India
- Bukit Makmur.PT - Indonesia
- Binh Thuan Hamico - Vietnam
- Latin American Coal - Colombia
- Riau Bara Harum - Indonesia
- Antam Resourcindo - Indonesia
- Tata Chemicals Ltd - India
- Formosa Plastics Group - Taiwan
- Coal and Oil Company - UAE
- Posco Energy - South Korea
- Global Coal Blending Company Limited - Australia
- Mjunction Services Limited - India
- Australian Commodity Traders Exchange
- Salva Resources Pvt Ltd - India
- Gujarat Mineral Development Corp Ltd - India
- Kumho Petrochemical, South Korea
- Straits Asia Resources Limited - Singapore
- Indian Oil Corporation Limited
- AsiaOL BioFuels Corp., Philippines
- Kideco Jaya Agung - Indonesia
- Cement Manufacturers Association - India
- Therma Luzon, Inc, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Power Finance Corporation Ltd., India
- London Commodity Brokers - England
- Deloitte Consulting - India
- Miang Besar Coal Terminal - Indonesia
- Aboitiz Power Corporation - Philippines
- Marubeni Corporation - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- VISA Power Limited - India
- Carbofer General Trading SA - India
- Lanco Infratech Ltd - India
- Romanian Commodities Exchange
- Intertek Mineral Services - Indonesia
- Independent Power Producers Association of India
- Eastern Energy - Thailand
- Ministry of Mines - Canada
- Bukit Asam (Persero) Tbk - Indonesia
- Jaiprakash Power Ventures ltd
- Siam City Cement PLC, Thailand
- Jorong Barutama Greston.PT - Indonesia
- Bharathi Cement Corporation - India
- Sakthi Sugars Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Medco Energi Mining Internasional
- Grasim Industreis Ltd - India
- Renaissance Capital - South Africa
- Gujarat Sidhee Cement - India
- Central Electricity Authority - India
- Meenaskhi Energy Private Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Alfred C Toepfer International GmbH - Germany
- Kobexindo Tractors - Indoneisa
- Leighton Contractors Pty Ltd - Australia
- Semirara Mining and Power Corporation, Philippines
- Economic Council, Georgia
- Indian Energy Exchange, India
- Bhushan Steel Limited - India
- Bhatia International Limited - India
- European Bulk Services B.V. - Netherlands
- Africa Commodities Group - South Africa
- Sarangani Energy Corporation, Philippines
- Kaltim Prima Coal - Indonesia
- Indo Tambangraya Megah - Indonesia
- MS Steel International - UAE
- The State Trading Corporation of India Ltd
- Electricity Authority, New Zealand
- Krishnapatnam Port Company Ltd. - India
- Aditya Birla Group - India
- PTC India Limited - India
- Toyota Tsusho Corporation, Japan
- Sical Logistics Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- PowerSource Philippines DevCo
- Bangladesh Power Developement Board
- Port Waratah Coal Services - Australia
- Vedanta Resources Plc - India
- Gujarat Electricity Regulatory Commission - India
- IHS Mccloskey Coal Group - USA
- Petron Corporation, Philippines
- Coastal Gujarat Power Limited - India
- New Zealand Coal & Carbon
- Globalindo Alam Lestari - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Georgia Ports Authority, United States
- Star Paper Mills Limited - India
- Siam City Cement - Thailand
- Offshore Bulk Terminal Pte Ltd, Singapore
- Attock Cement Pakistan Limited
- IEA Clean Coal Centre - UK
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- San Jose City I Power Corp, Philippines
- Kohat Cement Company Ltd. - Pakistan
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- SN Aboitiz Power Inc, Philippines
- Chamber of Mines of South Africa
- Indonesian Coal Mining Association
- TNB Fuel Sdn Bhd - Malaysia
- Makarim & Taira - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Karbindo Abesyapradhi - Indoneisa
- GMR Energy Limited - India
- Ceylon Electricity Board - Sri Lanka
- SMC Global Power, Philippines
- Thai Mozambique Logistica
- Trasteel International SA, Italy
- Tamil Nadu electricity Board
- South Luzon Thermal Energy Corporation
- Directorate Of Revenue Intelligence - India
- Parry Sugars Refinery, India
- McConnell Dowell - Australia
- Holcim Trading Pte Ltd - Singapore
- Bahari Cakrawala Sebuku - Indonesia
- Orica Mining Services - Indonesia
- TeaM Sual Corporation - Philippines
- OPG Power Generation Pvt Ltd - India
- Australian Coal Association
- Mercuria Energy - Indonesia
- Global Business Power Corporation, Philippines
- Planning Commission, India
- Manunggal Multi Energi - Indonesia
- Xindia Steels Limited - India
- PNOC Exploration Corporation - Philippines
- Electricity Generating Authority of Thailand
- Orica Australia Pty. Ltd.
- Bukit Baiduri Energy - Indonesia
- Ministry of Finance - Indonesia
- Anglo American - United Kingdom
- Neyveli Lignite Corporation Ltd, - India
- CNBM International Corporation - China
- Karaikal Port Pvt Ltd - India
- Parliament of New Zealand
- Mintek Dendrill Indonesia
- Simpson Spence & Young - Indonesia
- Kartika Selabumi Mining - Indonesia
- Energy Development Corp, Philippines
- Cigading International Bulk Terminal - Indonesia
- Vizag Seaport Private Limited - India
- Agrawal Coal Company - India
- Altura Mining Limited, Indonesia
- Coalindo Energy - Indonesia
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