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Thursday, 08 December 22
COAL ROYALTY PAYMENTS BOOST AUSTRALIAN STATE'S BUDGET FORECAST - REUTERS
Australia’s Queensland state on Wednesday forecast a record surplus for the current financial year, largely driven by higher royalty payments from coal producers on the back of a sharp rise in global energy prices due to Russia’s war in Ukraine.
Coal and petroleum royalty revenue has been revised up by A$5.82 billion ($3.90 billion) for the financial year ending June next year, state Treasurer Cameron Dick said in a budget update.
“Coal royalties are worth fighting for. Queenslanders deserve their fair share and they will receive it,” Dick said.
Queensland, home to coal mines owned by majors BHP Group Ltd, Glencore PLC, Anglo American PLC and Peabody Energy Corp BTU.N, in June ended a 10-year freeze on royalty rates and raised them to capture windfall profit.
A record surplus of A$5.2 billion is now forecast for the state for 2022-23.
The budget update comes ahead of a meeting of federal and state leaders called by Prime Minister Anthony Albanese on Friday to discuss enforcing price caps on gas and coal to contain soaring power prices.
Albanese has said his government is considering price caps, but some resource-heavy states have pushed back as it could hit the revenue they make from royalty payments. Queensland has said it would seek compensation from the federal government for any revenue loss.
Federal Treasurer Jim Chalmers said his government will engage with the states on all matters including compensation but any potential financial support will not be a “blank cheque”.
“We’ve got a trillion dollars in debt, we’ve got deficits as far as the eye can see … so we need to be responsible about it but we also need to be reasonable about it and that’s what we’re doing,” Chalmers told ABC Radio.
Source: Reuters
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Friday, 22 March 24
INDONESIA APPROVES 922.14 MLN T COAL PRODUCTION QUOTA FOR 2024, ABOVE TARGET - REUTERS
Indonesia has approved coal production quotas totalling 922.14 million metric tons for 2024, Bambang Suswantono, a senior official at the mining mi ...
Friday, 22 March 24
CHINA COAL INDUSTRY GROUP EXPECTS OUTPUT GROWTH TO SLOW IN 2024 - REUTERS
China’s coal output is expected to increase 36 million metric tons, or 0.8%, to about 4.7 billion tonnes in 2024, a Chinese coal industry gro ...
Monday, 18 March 24
THREE KEY TAKEAWAYS FROM OUR EUROPE GAS MARKETS SHORT-TERM OUTLOOK Q1 2024 - WOOD MACKENZIE
European gas prices are currently back to pre-crisis levels, but with a complex series of factors affecting future supply and demand, are they set ...
Wednesday, 06 March 24
INDONESIA AIMS TO FINISH MINING OUTPUT QUOTAS APPROVAL BY END-MARCH, OFFICIAL SAYS - REUTERS
Indonesia’s has approved the mining production quotarequests from more than 120mineral companies and aims to complete the approval process th ...
Monday, 04 March 24
IS YOUR GUARANTEE A GUARANTEE? NOTE TO SHIPOWNERS - GARD
KNOWLEDGE TO ELEVATE
The law of guarantees is not always obvious or easy to understand without proper guidance. This article clarifies the dif ...
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Showing 26 to 30 news of total 6871 |
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- Indo Tambangraya Megah - Indonesia
- Semirara Mining Corp, Philippines
- Standard Chartered Bank - UAE
- MS Steel International - UAE
- GMR Energy Limited - India
- Lanco Infratech Ltd - India
- Singapore Mercantile Exchange
- Ind-Barath Power Infra Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Carbofer General Trading SA - India
- Parliament of New Zealand
- TeaM Sual Corporation - Philippines
- Posco Energy - South Korea
- Riau Bara Harum - Indonesia
- Heidelberg Cement - Germany
- South Luzon Thermal Energy Corporation
- GN Power Mariveles Coal Plant, Philippines
- Independent Power Producers Association of India
- IEA Clean Coal Centre - UK
- Ceylon Electricity Board - Sri Lanka
- Therma Luzon, Inc, Philippines
- PTC India Limited - India
- Orica Australia Pty. Ltd.
- Bulk Trading Sa - Switzerland
- ICICI Bank Limited - India
- International Coal Ventures Pvt Ltd - India
- Baramulti Group, Indonesia
- Coal and Oil Company - UAE
- Vedanta Resources Plc - India
- Kartika Selabumi Mining - Indonesia
- India Bulls Power Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Uttam Galva Steels Limited - India
- Neyveli Lignite Corporation Ltd, - India
- The Treasury - Australian Government
- Sojitz Corporation - Japan
- Leighton Contractors Pty Ltd - Australia
- Thai Mozambique Logistica
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Vizag Seaport Private Limited - India
- Electricity Authority, New Zealand
- European Bulk Services B.V. - Netherlands
- Power Finance Corporation Ltd., India
- The University of Queensland
- Altura Mining Limited, Indonesia
- PNOC Exploration Corporation - Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Eastern Coal Council - USA
- Semirara Mining and Power Corporation, Philippines
- Videocon Industries ltd - India
- Eastern Energy - Thailand
- Alfred C Toepfer International GmbH - Germany
- Kaltim Prima Coal - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Sarangani Energy Corporation, Philippines
- Karbindo Abesyapradhi - Indoneisa
- Global Coal Blending Company Limited - Australia
- Sindya Power Generating Company Private Ltd
- Siam City Cement PLC, Thailand
- Bhushan Steel Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Coastal Gujarat Power Limited - India
- PowerSource Philippines DevCo
- Gujarat Sidhee Cement - India
- Thiess Contractors Indonesia
- Attock Cement Pakistan Limited
- Indian Energy Exchange, India
- Sical Logistics Limited - India
- Kideco Jaya Agung - Indonesia
- Central Java Power - Indonesia
- San Jose City I Power Corp, Philippines
- Bangladesh Power Developement Board
- Mercator Lines Limited - India
- Merrill Lynch Commodities Europe
- Deloitte Consulting - India
- Kepco SPC Power Corporation, Philippines
- GVK Power & Infra Limited - India
- Meralco Power Generation, Philippines
- Larsen & Toubro Limited - India
- Metalloyd Limited - United Kingdom
- Parry Sugars Refinery, India
- Dalmia Cement Bharat India
- Edison Trading Spa - Italy
- Straits Asia Resources Limited - Singapore
- Wood Mackenzie - Singapore
- Jaiprakash Power Ventures ltd
- White Energy Company Limited
- Krishnapatnam Port Company Ltd. - India
- Formosa Plastics Group - Taiwan
- CIMB Investment Bank - Malaysia
- Iligan Light & Power Inc, Philippines
- Grasim Industreis Ltd - India
- Economic Council, Georgia
- GAC Shipping (India) Pvt Ltd
- Coalindo Energy - Indonesia
- Central Electricity Authority - India
- Ministry of Mines - Canada
- Africa Commodities Group - South Africa
- Toyota Tsusho Corporation, Japan
- Bhoruka Overseas - Indonesia
- SN Aboitiz Power Inc, Philippines
- Directorate General of MIneral and Coal - Indonesia
- The State Trading Corporation of India Ltd
- Cigading International Bulk Terminal - Indonesia
- Aditya Birla Group - India
- Sree Jayajothi Cements Limited - India
- Barasentosa Lestari - Indonesia
- McConnell Dowell - Australia
- Australian Commodity Traders Exchange
- SMC Global Power, Philippines
- New Zealand Coal & Carbon
- Mintek Dendrill Indonesia
- VISA Power Limited - India
- Planning Commission, India
- Miang Besar Coal Terminal - Indonesia
- Renaissance Capital - South Africa
- AsiaOL BioFuels Corp., Philippines
- Indika Energy - Indonesia
- Indogreen Group - Indonesia
- Rio Tinto Coal - Australia
- Georgia Ports Authority, United States
- Energy Development Corp, Philippines
- Energy Link Ltd, New Zealand
- Medco Energi Mining Internasional
- Borneo Indobara - Indonesia
- Intertek Mineral Services - Indonesia
- Oldendorff Carriers - Singapore
- Maheswari Brothers Coal Limited - India
- Sinarmas Energy and Mining - Indonesia
- Mercuria Energy - Indonesia
- LBH Netherlands Bv - Netherlands
- Bharathi Cement Corporation - India
- Kumho Petrochemical, South Korea
- Essar Steel Hazira Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- Wilmar Investment Holdings
- TNB Fuel Sdn Bhd - Malaysia
- Bhatia International Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Star Paper Mills Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Ministry of Transport, Egypt
- Xindia Steels Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Anglo American - United Kingdom
- Ministry of Finance - Indonesia
- Australian Coal Association
- Sakthi Sugars Limited - India
- Directorate Of Revenue Intelligence - India
- Rashtriya Ispat Nigam Limited - India
- Trasteel International SA, Italy
- Bayan Resources Tbk. - Indonesia
- Tamil Nadu electricity Board
- Ambuja Cements Ltd - India
- Simpson Spence & Young - Indonesia
- Global Business Power Corporation, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Malabar Cements Ltd - India
- London Commodity Brokers - England
- Manunggal Multi Energi - Indonesia
- Meenaskhi Energy Private Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Antam Resourcindo - Indonesia
- OPG Power Generation Pvt Ltd - India
- Samtan Co., Ltd - South Korea
- Maharashtra Electricity Regulatory Commission - India
- Goldman Sachs - Singapore
- CNBM International Corporation - China
- Salva Resources Pvt Ltd - India
- Bukit Baiduri Energy - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Aboitiz Power Corporation - Philippines
- Electricity Generating Authority of Thailand
- Orica Mining Services - Indonesia
- Agrawal Coal Company - India
- Pendopo Energi Batubara - Indonesia
- ASAPP Information Group - India
- Romanian Commodities Exchange
- Chamber of Mines of South Africa
- Indonesian Coal Mining Association
- Mjunction Services Limited - India
- Petron Corporation, Philippines
- Kobexindo Tractors - Indoneisa
- Bank of Tokyo Mitsubishi UFJ Ltd
- Siam City Cement - Thailand
- SMG Consultants - Indonesia
- Minerals Council of Australia
- Gujarat Electricity Regulatory Commission - India
- Port Waratah Coal Services - Australia
- Holcim Trading Pte Ltd - Singapore
- Tata Chemicals Ltd - India
- Cement Manufacturers Association - India
- Binh Thuan Hamico - Vietnam
- Timah Investasi Mineral - Indoneisa
- Latin American Coal - Colombia
- Banpu Public Company Limited - Thailand
- Makarim & Taira - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Kapuas Tunggal Persada - Indonesia
- Indian Oil Corporation Limited
- Bukit Makmur.PT - Indonesia
- Commonwealth Bank - Australia
- Savvy Resources Ltd - HongKong
- Kohat Cement Company Ltd. - Pakistan
- Asmin Koalindo Tuhup - Indonesia
- Price Waterhouse Coopers - Russia
- Global Green Power PLC Corporation, Philippines
- Madhucon Powers Ltd - India
- Globalindo Alam Lestari - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Jindal Steel & Power Ltd - India
- Chettinad Cement Corporation Ltd - India
- Interocean Group of Companies - India
- IHS Mccloskey Coal Group - USA
- Karaikal Port Pvt Ltd - India
- Marubeni Corporation - India
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