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

Monday, 24 June 24
PHILIPPINES COAL SUPPLY ENOUGH UNTIL 2030 - PHILSTAR GLOBAL
The country’s existing coal-fired power plants are sufficient to ensure enough base load capacity in the next six years, Energy Secretary Rap ...


Friday, 14 June 24
NEXTDECADE, SAUDI ARAMCO SIGN 20-YEAR LNG SUPPLY DEAL - REUTERS
U.S. liquefied natural gas (LNG) provider NextDecade has signed a non-binding agreement with Saudi Aramco 2222.SE to supply 1.2 million tonnes per ...


Friday, 14 June 24
NEWBUILDING PRICES CLIMB 3% TO HIGHEST LEVEL IN 16 YEARS - NIELS RASMUSSEN
“Since the start of the year, newbuilding prices have risen 3% to their highest level since 2008. Compared to their most recent low in late 2 ...


Friday, 14 June 24
INDIA TARGETS HIGHER DOMESTIC COAL PRODUCTION, REDUCED IMPORTS: GOVT - REUTERS
India wants to reduce coal imports and increase domestic production, federal coal minister G. Kishan Reddy said on Thursday.   The cou ...


Thursday, 13 June 24
US LNG TO ASIA FOR POWER GENERATION EXPECTED TO CUT EMISSIONS VERSUS COAL - RYSTAD ENERGY
The value-chain emissions of liquified natural gas (LNG) are lower on average than for coal-fired power generation, even when the fuel is shipp ...


   2 3 4 5 6   
Showing 16 to 20 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 ...

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