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
Saturday, 06 August 22
SUMITOMO Q1 PROFIT RISES 45% ON STRONGER PRICES OF COAL, NICKEL - REUTERS
Japanese trading house Sumitomo Corp 8053.T said on Wednesday its net profit for the April-June quarter rose 45% to a record thanks to higher prices of commodities such as coal and nickel as well as strong demand for steel products in North America.
 
Net profit for the three months climbed to a record 155.2 billion yen ($1.2 billion) from 107.3 billion yen a year earlier, but the company stuck to its annual profit forecast of 370 billion yen.
 
“Earnings from both resource and non-resource businesses have been stronger than anticipated earlier,” Sumitomo Chief Financial Officer Reiji Morooka told a news conference, adding that it may raise its profit guidance.
 
“On the other hand, the risk of a global economic slowdown and other uncertainties are increasing, and we will closely examine full-year forecasts going forward,” he said.
 
Sumitomo expects nickel production at its Ambatovy project in Madagascar to achieve its initial target of about 40,000 tonnes this financial year to March 31, after producing about 8,000 tonnes in the first quarter.
 
Increased oil and gas drilling activities in North America have also supported its steel pipe business in the April-June quarter and the company sees robust demand in pipes continuing through next March, Morooka said.
 
Asked whether Sumitomo expects any change in its business strategy in China amid rising tensions between China and Taiwan as well as China and the United States following U.S. House Speaker Nancy Pelosi’s visit to Taiwan, Morooka said no change is planned.
 
“It has become a major issue for us to think of how to deal with the heightened geopolitical risks triggered by not only the U.S.-China issue but also the Russia-Ukraine conflict,” Morooka said.
 
“We will pay close attention to the (U.S.-China) situation with high interest,” he said.
Source: Reuters


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

Recent News

Wednesday, 22 March 23
MARKET INSIGHT - INTERMODAL
The crude tanker market continues to gather momentum as we head towards the end of 1Q2023, against a backdrop of strong U.S. exports paired with a ...


Wednesday, 22 March 23
WILL LOWER GAS PRICES SPARK SWITCHING IN EUROPE AND ASIA?
Record high prices devastated demand for gas and LNG across Asia and Europe last year. But with prices falling, companies are starting to re-evalua ...


Monday, 20 March 23
NTPC MULLS 5.4 MILLION TONNES COAL IMPORT IN FIRST HALF OF 2023-24: PTI
State-run power giant NTPC is planning to import around 5.4 million tonnes of coal to meet the supply shortage during the first half 2023-24 fiscal ...


Monday, 20 March 23
S. AFRICA’S EXXARO RESOURCES SAYS COAL PRICES COOLING OFF - REUTERS
South Africa’s Exxaro Resources on Thursday posted a 28% jump in 2022 profit after seeing average coal prices surge more than 150%, but warne ...


Saturday, 18 March 23
RUSSIAN LNG EXPORTS TO EUROPE REMAIN HIGH - VESSELS VALUE
Russian LNG exports to Europe remained at very high levels in February at 3.6 million CBM, following a 13 month high in January of 4.1 million CBM. ...


   23 24 25 26 27   
Showing 121 to 125 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 ...

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