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 : 28,700
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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