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