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

Friday, 29 July 22
GLOBAL COAL DEMAND IS SET TO RETURN TO ITS ALL-TIME HIGH IN 2022 - IEA
The world’s consumption of coal is set to rise slightly in 2022, taking it back to the record level it reached nearly a decade ago, according ...


Thursday, 28 July 22
CREW FAMILIARISATION IS CRITICAL WHEN TAKING OVER A VESSEL - WEST P&I CLUB
Knowledge to Elevate   When a vessel changes ownership and/or manager, it can take some considerable time before the new crew and mana ...


Thursday, 28 July 22
RETURN OF COAL A THREAT TO EUROPEAN COMPANIES' ESG RATINGS - REUTERS
European companies turning to coal as an alternative to Russian gas face a hit to their environmental, social and governance ratings, leaving them ...


Wednesday, 27 July 22
MARKET INSIGHT - INTERMODAL
Amid the upcoming ban on Russian coal from the EU, which will be in full effect on August 10th, EU nations have been accelerating their coal import ...


Tuesday, 26 July 22
CAP RUSSIA'S OIL PRICE NOW - PROJECT SYNDICATE
Though the price of oil has declined in recent weeks, it is still through the roof, filtering through to gasoline prices, and causing economic and ...


   53 54 55 56 57   
Showing 271 to 275 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 ...

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