COALspot.com keeps you connected across the coal world

Submit Your Articles
We welcome article submissions from experts in the areas of coal, mining, shipping, etc.

To Submit your article please click here.

International Energy Events


Search News
Latest CoalNews Headlines
Friday, 29 July 22
GLENCORE TO SUPPLY COAL TO NIPPON STEEL AT $375 PER TON - BLOOMBERG
Glencore Plc, agreed to supply coal to Nippon Steel at one of the highest prices ever paid by the Japan Bloomberg reported on July 27.
 
According to Bloomberg, Nippon Steel Corp. agreed on an annual supply deal through March with Glencore for power plant coal at $375 per ton, according to people with knowledge of the deal, who asked not to be identified because the information is private. 
 
The agreement is three times more expensive than similar deals done last year, and is likely one of the costliest coal contracts ever signed by a Japanese company, one of the people said, Bloomberg said.
 
teh report also said, spokespeople for Glencore and Nippon Steel declined to comment.
 
Bloomberg also noted that, Global competition for coal and natural gas is escalating as power generators move to secure additional fuel shipments amid an energy crunch. Utilities are curbing imports from Russia due to the war in Ukraine, tightening the amount of available supply and sending prices surging.
 
Japan has been struggling with strained electricity supplies and high demand during a recent heat wave. Nippon Steel, which uses fuel to power its industrial sites and supplies electricity to Japan’s grid, earlier this month purchased the country’s most expensive ever natural gas shipment. 
 
Glencore is the world’s top coal shipper and profits from the power-plant fuel are at an all-time high. The resource giant is on course for a record 2022 as it cashes in on soaring prices and volatility.
 
Bloomberg further noted that, the Glencore deal may be used as the benchmark price for other annual supplies by thermal coal users in Asia, the people said. That will boost the cost to generate electricity, and threatens to increase power bills for businesses and households.
 
Australian Newcastle coal futures closed at $410.45 per ton on Tuesday on ICE Futures Europe, and touched a record earlier this year. European coal futures for next year rallied to an all-time high on Tuesday as Russia threatens to curb gas supplies to the continent, as reported by Bloomberg


If you believe an article violates your rights or the rights of others, please contact us.

Recent News

Thursday, 12 August 21
ONLY 3 VLCCS SOLD FOR DEMOLITION IN 2021 AS SECONDHAND PRICES TEMPT - BIMCO
During the first seven months of 2021, only three actively trading Very Large Crude Carriers (VLCCs) have been sold for demolition. The current mar ...


Wednesday, 11 August 21
U.S: EIA EXPECTS COAL EXPORTS TO TOTAL 90 MMST IN 2021, 30% INCREASE FROM 2020
Coal production in EIA's forecast totals 607 million short tons (MMst) in 2021, an increase of 13% over 2020.    EIA is also ...


Wednesday, 11 August 21
MARKET INSIGHT - INTERMODAL
Energy is at the core of the global climate dialogue as the climate challenge is essentially an energy challenge. Policy experts around the world a ...


Tuesday, 10 August 21
34 INDONESIAN COAL COMPANIES TEMPORARILY BANNED FOR COAL EXPORTS
The Ministry of Energy and Mineral Resources (ESDM) has imposed sanctions in the form of a coal export ban for 34 coal companies as reported by CNB ...


Monday, 09 August 21
AIIB MAY OFFICIALLY END COAL FINANCING IN 2022 - CHINA DAILY
The Asian Infrastructure Investment Bank may officially rule out coal projects if it updates its energy strategy next year, after shunning funding ...


   100 101 102 103 104   
Showing 506 to 510 news of total 6871
News by Category
Popular News
 
Total Members : 28,623
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

  • Bayan Resources Tbk. - Indonesia
  • Kohat Cement Company Ltd. - Pakistan
  • IHS Mccloskey Coal Group - USA
  • Thiess Contractors Indonesia
  • Binh Thuan Hamico - Vietnam
  • Platou - Singapore
  • Krishnapatnam Port Company Ltd. - India
  • Barasentosa Lestari - Indonesia
  • Thermax Limited - India
  • PetroVietnam
  • PLN - Indonesia
  • SUEK AG - Indonesia
  • Minerals Council of Australia
  • KOWEPO - South Korea
  • CIMB Investment Bank - Malaysia
  • IOL Indonesia
  • Cigading International Bulk Terminal - Indonesia
  • Merrill Lynch Commodities Europe
  • Asia Pacific Energy Resources Ventures Inc, Philippines
  • GHCL Limited - India
  • Edison Trading Spa - Italy
  • International Coal Ventures Pvt Ltd - India
  • Agrawal Coal Company - India
  • Rashtriya Ispat Nigam Limited - India
  • Coeclerici Indonesia
  • Mitra SK Pvt Ltd - India
  • India Bulls Power Limited - India
  • Ministry of Finance - Indonesia
  • Petrochimia International Co. Ltd.- Taiwan
  • Infraline Energy - India
  • Chettinad Cement Corporation Ltd - India
  • Surastha Cement
  • Malco - India
  • Electricity Generating Authority of Thailand
  • Bukit Asam (Persero) Tbk - Indonesia
  • ASAPP Information Group - India
  • New Zealand Coal & Carbon
  • UBS Singapore
  • McKinsey & Co - India
  • Billiton Holdings Pty Ltd - Australia
  • Peabody Energy - USA
  • Gupta Coal India Ltd
  • Meenaskhi Energy Private Limited - India
  • World Coal - UK
  • CESC Limited - India
  • Clarksons - UK
  • GB Group - China
  • Sucofindo - Indonesia
  • TGV SRAAC LIMITED, India
  • Cosco
  • Vizag Seaport Private Limited - India
  • Georgia Ports Authority, United States
  • Iligan Light & Power Inc, Philippines
  • SGS (Thailand) Limited
  • Orica Mining Services - Indonesia
  • Karaikal Port Pvt Ltd - India
  • San Jose City I Power Corp, Philippines
  • Vedanta Resources Plc - India
  • Antam Resourcindo - Indonesia
  • GVK Power & Infra Limited - India
  • Timah Investasi Mineral - Indoneisa
  • Semirara Mining and Power Corporation, Philippines
  • Indorama - Singapore
  • Central Java Power - Indonesia
  • KPMG - USA
  • Qatrana Cement - Jordan
  • Geoservices-GeoAssay Lab
  • VISA Power Limited - India
  • Gresik Semen - Indonesia
  • Indonesian Coal Mining Association
  • ANZ Bank - Australia
  • Siam City Cement PLC, Thailand
  • Lanco Infratech Ltd - India
  • Deutsche Bank - India
  • BNP Paribas - Singapore
  • Adaro Indonesia
  • DBS Bank - Singapore
  • SRK Consulting
  • IMC Shipping - Singapore
  • SMG Consultants - Indonesia
  • Indian Oil Corporation Limited
  • Port Waratah Coal Services - Australia
  • TNPL - India
  • Romanian Commodities Exchange
  • Kideco Jaya Agung - Indonesia
  • AsiaOL BioFuels Corp., Philippines
  • JPower - Japan
  • Thailand Anthracite
  • Inco-Indonesia
  • Ind-Barath Power Infra Limited - India
  • Planning Commission, India
  • Toyota Tsusho Corporation, Japan
  • Cemex - Philippines
  • Xindia Steels Limited - India
  • Indo Tambangraya Megah - Indonesia
  • TRAFIGURA, South Korea
  • Economic Council, Georgia
  • Price Waterhouse Coopers - Russia
  • Latin American Coal - Colombia
  • Aboitiz Power Corporation - Philippines
  • KPCL - India
  • PNOC Exploration Corporation - Philippines
  • Eastern Coal Council - USA
  • Ince & co LLP
  • Ambuja Cements Ltd - India
  • Sakthi Sugars Limited - India
  • MEC Coal - Indonesia
  • Idemitsu - Japan
  • Gujarat Mineral Development Corp Ltd - India
  • GNFC Limited - India
  • Parliament of New Zealand
  • Samsung - South Korea
  • Central Electricity Authority - India
  • Tata Power - India
  • Energy Link Ltd, New Zealand
  • Marubeni Corporation - India
  • The State Trading Corporation of India Ltd
  • Bahari Cakrawala Sebuku - Indonesia
  • Pipit Mutiara Jaya. PT, Indonesia
  • Platts
  • Petron Corporation, Philippines
  • Offshore Bulk Terminal Pte Ltd, Singapore
  • Energy Development Corp, Philippines
  • Kobexindo Tractors - Indoneisa
  • Baramulti Group, Indonesia
  • Asmin Koalindo Tuhup - Indonesia
  • LBH Netherlands Bv - Netherlands
  • NTPC Limited - India
  • Cargill India Pvt Ltd
  • IEA Clean Coal Centre - UK
  • Coaltrans Conferences
  • U S Energy Resources
  • Standard Chartered Bank - UAE
  • IBC Asia (S) Pte Ltd
  • Xstrata Coal
  • Enel Italy
  • Britmindo - Indonesia
  • Arch Coal - USA
  • Gujarat Electricity Regulatory Commission - India
  • Star Paper Mills Limited - India
  • Australian Commodity Traders Exchange
  • Banpu Public Company Limited - Thailand
  • Oldendorff Carriers - Singapore
  • Coal India Limited
  • Core Mineral Indonesia
  • Bank of China, Malaysia
  • Simpson Spence & Young - Indonesia
  • CNBM International Corporation - China
  • Trasteel International SA, Italy
  • Bhushan Steel Limited - India
  • Sarangani Energy Corporation, Philippines
  • Argus Media - Singapore
  • Freeport Indonesia
  • Thriveni
  • Jorong Barutama Greston.PT - Indonesia
  • KEPCO - South Korea
  • Jindal Steel & Power Ltd - India
  • RBS Sempra - UK
  • APGENCO India
  • Global Coal Blending Company Limited - Australia
  • Bharathi Cement Corporation - India
  • Siam City Cement - Thailand
  • Aditya Birla Group - India
  • Makarim & Taira - Indonesia
  • Holcim Trading Pte Ltd - Singapore
  • GN Power Mariveles Coal Plant, Philippines
  • Mitsubishi Corporation
  • Maheswari Brothers Coal Limited - India
  • ICICI Bank Limited - India
  • Asian Development Bank
  • CoalTek, United States
  • OCBC - Singapore
  • Miang Besar Coal Terminal - Indonesia
  • Heidelberg Cement - Germany
  • Goldman Sachs - Singapore
  • Carbofer General Trading SA - India
  • Indonesia Power. PT
  • Dalmia Cement Bharat India
  • Coal Orbis AG
  • Credit Suisse - India
  • Metalloyd Limited - United Kingdom
  • Pendopo Energi Batubara - Indonesia
  • Therma Luzon, Inc, Philippines
  • Mitsui
  • Pinang Coal Indonesia
  • Vijayanagar Sugar Pvt Ltd - India
  • Dr Ramakrishna Prasad Power Pvt Ltd - India
  • Ceylon Electricity Board - Sri Lanka
  • Commonwealth Bank - Australia
  • Directorate General of MIneral and Coal - Indonesia
  • bp singapore
  • Reliance Power - India
  • Japan Coal Energy Center
  • Fearnleys - India
  • Kartika Selabumi Mining - Indonesia
  • Globalindo Alam Lestari - Indonesia
  • Grasim Industreis Ltd - India
  • Independent Power Producers Association of India
  • OPG Power Generation Pvt Ltd - India
  • London Commodity Brokers - England
  • Orica Australia Pty. Ltd.
  • Filglen & Citicon Mining (HK) Ltd - Hong Kong
  • Thomson Reuters GRC
  • Deloitte Consulting - India
  • Glencore India Pvt. Ltd
  • Thai Mozambique Logistica
  • Rio Tinto Coal - Australia
  • Cebu Energy, Philippines
  • Samtan Co., Ltd - South Korea
  • PowerSource Philippines DevCo
  • globalCOAL - UK
  • Australian Coal Association
  • MS Steel International - UAE
  • Electricity Authority, New Zealand
  • Madhucon Powers Ltd - India
  • SMC Global Power, Philippines
  • Bhatia International Limited - India
  • Kalimantan Lumbung Energi - Indonesia
  • SN Aboitiz Power Inc, Philippines
  • Asia Cement - Taiwan
  • Tata Chemicals Ltd - India
  • Mercuria Energy - Indonesia
  • Uttam Galva Steels Limited - India
  • Kobe Steel Ltd - Japan
  • Mjunction Services Limited - India
  • Vitol - Bahrain
  • Maersk Broker
  • Cardiff University - UK
  • Mintek Dendrill Indonesia
  • Truba Alam Manunggal Engineering.Tbk - Indonesia
  • Wood Mackenzie - Singapore
  • Maruti Cements - India
  • Kapuas Tunggal Persada - Indonesia
  • Salva Resources Pvt Ltd - India
  • Bhoruka Overseas - Indonesia
  • Lafarge - France
  • Renaissance Capital - South Africa
  • Chamber of Mines of South Africa
  • Directorate Of Revenue Intelligence - India
  • PTC India Limited - India
  • Mercator Lines Limited - India
  • NALCO India
  • Dong Bac Coal Mineral Investment Coporation - Vietnam
  • Borneo Indobara - Indonesia
  • Altura Mining Limited, Indonesia
  • GAC Shipping (India) Pvt Ltd
  • Sree Jayajothi Cements Limited - India
  • Africa Commodities Group - South Africa
  • Kaltim Prima Coal - Indonesia
  • CCIC - Indonesia
  • Sinarmas Energy and Mining - Indonesia
  • Indian School of Mines
  • Bulk Trading Sa - Switzerland
  • Jatenergy - Australia
  • PLN Batubara - Indonesia
  • Indogreen Group - Indonesia
  • Bank of Tokyo Mitsubishi UFJ Ltd
  • The Treasury - Australian Government
  • Leighton Contractors Pty Ltd - Australia
  • Riau Bara Harum - Indonesia
  • South Luzon Thermal Energy Corporation
  • Kepco SPC Power Corporation, Philippines
  • Jaiprakash Power Ventures ltd
  • Bank of America
  • Savvy Resources Ltd - HongKong
  • Noble Europe Ltd - UK
  • Bangkok Bank PCL
  • Coal and Oil Company - UAE
  • Shenhua Group - China
  • White Energy Company Limited
  • TNB Fuel Sdn Bhd - Malaysia
  • Rudhra Energy - India
  • Wilmar Investment Holdings
  • J M Baxi & Co - India
  • Petrosea - Indonesia
  • Global Green Power PLC Corporation, Philippines
  • Vale Mozambique
  • Humpuss - Indonesia
  • Merrill Lynch Bank
  • Indian Energy Exchange, India
  • Tamil Nadu electricity Board
  • Alfred C Toepfer International GmbH - Germany
  • Singapore Mercantile Exchange
  • Shree Cement - India
  • Eastern Energy - Thailand
  • Meralco Power Generation, Philippines
  • Sindya Power Generating Company Private Ltd
  • Manunggal Multi Energi - Indonesia
  • Gujarat Sidhee Cement - India
  • Ministry of Mines - Canada
  • Karbindo Abesyapradhi - Indoneisa
  • Sojitz Corporation - Japan
  • Essar Steel Hazira Ltd - India
  • Kumho Petrochemical, South Korea
  • Bukit Makmur.PT - Indonesia
  • Barclays Capital - USA
  • Indika Energy - Indonesia
  • Coalindo Energy - Indonesia
  • Formosa Plastics Group - Taiwan
  • Maybank - Singapore
  • Global Business Power Corporation, Philippines
  • BRS Brokers - Singapore
  • Moodys - Singapore
  • Posco Energy - South Korea
  • HSBC - Hong Kong
  • ACC Limited - India
  • Power Finance Corporation Ltd., India
  • World Bank
  • The India Cements Ltd
  • McConnell Dowell - Australia
  • TeaM Sual Corporation - Philippines
  • Adani Power Ltd - India
  • Interocean Group of Companies - India
  • Intertek Mineral Services - Indonesia
  • Straits Asia Resources Limited - Singapore
  • Total Coal South Africa
  • ING Bank NV - Singapore
  • TANGEDCO India
  • EMO - The Netherlands
  • EIA - United States
  • Attock Cement Pakistan Limited
  • JPMorgan - India
  • Anglo American - United Kingdom
  • Permata Bank - Indonesia
  • Ministry of Transport, Egypt
  • WorleyParsons
  • Berau Coal - Indonesia
  • Inspectorate - India
  • Tanito Harum - Indonesia
  • Bangladesh Power Developement Board
  • Malabar Cements Ltd - India
  • Mechel - Russia
  • Medco Energi Mining Internasional
  • ETA - Dubai
  • Cement Manufacturers Association - India
  • Arutmin Indonesia
  • Videocon Industries ltd - India
  • The University of Queensland
  • Panama Canal Authority
  • Coastal Gujarat Power Limited - India
  • Neyveli Lignite Corporation Ltd, - India
  • Russian Coal LLC
  • Sical Logistics Limited - India
  • Semirara Mining Corp, Philippines
  • PetroVietnam Power Coal Import and Supply Company
  • Maharashtra Electricity Regulatory Commission - India
  • Runge Indonesia
  • SASOL - South Africa
  • Parry Sugars Refinery, India
  • Larsen & Toubro Limited - India
  • GMR Energy Limited - India
  • European Bulk Services B.V. - Netherlands
  • UOB Asia (HK) Ltd
  • Bukit Baiduri Energy - Indonesia
  • Ernst & Young Pvt. Ltd.