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, 19 December 19
BANGLADESH'S NBR CUTS VAT ON COAL IMPORT FOR POWER PLANTS - THE DAILY STAR
The National Board of Revenue (NBR) reduced value added tax on the import of coal for power plants to 5 percent from present 15 percent for five ye ...


Wednesday, 18 December 19
AVERAGE PRICES OF COAL IN 2018 WERE MORE THAN 60% HIGHER THAN IN 2016 - IEA
Coal use grew again in 2018.  Global coal demand increased by 1.1%, continuing the rebound that began in 2017 after three years of decline ...


Wednesday, 18 December 19
ASIA IS SET TO SUPPORT GLOBAL COAL DEMAND FOR THE NEXT FIVE YEARS - IEA
Press Release: Global coal demand is expected to decline in 2019 but remain broadly stable over the next five years, supported by robust growth in ...


Wednesday, 18 December 19
SHIPPING MARKET INSIGHT - INTERMODAL
As we all know very well by now, the reduction in the maximum allowable sulphur content of marine fuels in 2020 is likely to have a massive impact ...


Tuesday, 17 December 19
AUSTRALIA ENERGY MARKET OPERATOR TURNS SCROOGE ON COAL LOBBY: RUSSELL
Australia, which vies with Indonesia for the title of the world’s largest coal exporter, is planning for an electricity future where use of t ...


   246 247 248 249 250   
Showing 1236 to 1240 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 ...

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