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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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Tuesday, 13 December 22
AUSTRALIA TO CAP PRICES OF COAL, GAS TO DRIVE DOWN ENERGY BILLS - REUTERS
Australia will cap coal and gas prices for a year in a bid to shave utility bills for households and businesses hit by soaring costs because of the ...
Tuesday, 13 December 22
YANCOAL AUSTRALIA TO PREPAY $459 MLN DEBT AS RECORD COAL PRICES BOOST CASHFLOWS - REUTERS
Coal miner Yancoal Australia Ltd. said on Friday it intended to prepay $459 million of its debt on or around Dec. 16, as elevated coal prices were ...
Tuesday, 13 December 22
WHY COAL LEADS THE RISE IN COMMODITIES THIS YEAR - MARKETWATCH
This year marked a resurgence for coal, often known — and loathed — by environmentalists as the dirtiest energy source, with prices mor ...
Thursday, 08 December 22
BIMCO TO REVISE WAR RISK CLAUSES
Work to revise the BIMCO War Cancellation Clause 2004, the BIMCO War Risks Clause for Time Chartering 2013 (CONWARTIME 2013) and the BIMCO War Risk ...
Wednesday, 07 December 22
MARKET INSIGHT - INTERMODAL
China’s coal imports from January to October were 230.1m mt, a decrease of around 10.7% y-o-y (2021 totalled 323.2m mt). The question is if t ...
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Showing 171 to 175 news of total 6871 |
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- SN Aboitiz Power Inc, Philippines
- Tata Chemicals Ltd - India
- Directorate Of Revenue Intelligence - India
- Sinarmas Energy and Mining - Indonesia
- Wilmar Investment Holdings
- IEA Clean Coal Centre - UK
- Xindia Steels Limited - India
- The Treasury - Australian Government
- Sical Logistics Limited - India
- The State Trading Corporation of India Ltd
- Agrawal Coal Company - India
- Sarangani Energy Corporation, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- The University of Queensland
- Gujarat Mineral Development Corp Ltd - India
- Mercuria Energy - Indonesia
- Simpson Spence & Young - Indonesia
- Energy Link Ltd, New Zealand
- Neyveli Lignite Corporation Ltd, - India
- Ceylon Electricity Board - Sri Lanka
- Bangladesh Power Developement Board
- Holcim Trading Pte Ltd - Singapore
- New Zealand Coal & Carbon
- Heidelberg Cement - Germany
- Metalloyd Limited - United Kingdom
- Ministry of Finance - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Global Coal Blending Company Limited - Australia
- Therma Luzon, Inc, Philippines
- Sree Jayajothi Cements Limited - India
- Larsen & Toubro Limited - India
- Riau Bara Harum - Indonesia
- Oldendorff Carriers - Singapore
- Leighton Contractors Pty Ltd - Australia
- Orica Mining Services - Indonesia
- Kartika Selabumi Mining - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Kobexindo Tractors - Indoneisa
- CIMB Investment Bank - Malaysia
- Sojitz Corporation - Japan
- Goldman Sachs - Singapore
- Georgia Ports Authority, United States
- Thai Mozambique Logistica
- Sakthi Sugars Limited - India
- Bhoruka Overseas - Indonesia
- Essar Steel Hazira Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- Alfred C Toepfer International GmbH - Germany
- Jaiprakash Power Ventures ltd
- CNBM International Corporation - China
- Indian Energy Exchange, India
- Antam Resourcindo - Indonesia
- Africa Commodities Group - South Africa
- Commonwealth Bank - Australia
- Central Java Power - Indonesia
- Baramulti Group, Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Posco Energy - South Korea
- Intertek Mineral Services - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- IHS Mccloskey Coal Group - USA
- Gujarat Sidhee Cement - India
- Global Green Power PLC Corporation, Philippines
- Chamber of Mines of South Africa
- Aboitiz Power Corporation - Philippines
- Mercator Lines Limited - India
- Krishnapatnam Port Company Ltd. - India
- International Coal Ventures Pvt Ltd - India
- Carbofer General Trading SA - India
- Economic Council, Georgia
- SMG Consultants - Indonesia
- PowerSource Philippines DevCo
- Star Paper Mills Limited - India
- Altura Mining Limited, Indonesia
- Parry Sugars Refinery, India
- Coal and Oil Company - UAE
- Ministry of Mines - Canada
- Kohat Cement Company Ltd. - Pakistan
- Minerals Council of Australia
- Bhatia International Limited - India
- Binh Thuan Hamico - Vietnam
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- San Jose City I Power Corp, Philippines
- European Bulk Services B.V. - Netherlands
- Siam City Cement - Thailand
- Manunggal Multi Energi - Indonesia
- Electricity Generating Authority of Thailand
- Kaltim Prima Coal - Indonesia
- Indian Oil Corporation Limited
- Indonesian Coal Mining Association
- Mjunction Services Limited - India
- Jindal Steel & Power Ltd - India
- GAC Shipping (India) Pvt Ltd
- Attock Cement Pakistan Limited
- Globalindo Alam Lestari - Indonesia
- Indo Tambangraya Megah - Indonesia
- PTC India Limited - India
- Ministry of Transport, Egypt
- Samtan Co., Ltd - South Korea
- Semirara Mining Corp, Philippines
- Australian Commodity Traders Exchange
- GVK Power & Infra Limited - India
- Salva Resources Pvt Ltd - India
- Eastern Coal Council - USA
- ASAPP Information Group - India
- Ind-Barath Power Infra Limited - India
- Chettinad Cement Corporation Ltd - India
- Meenaskhi Energy Private Limited - India
- Semirara Mining and Power Corporation, Philippines
- Central Electricity Authority - India
- Makarim & Taira - Indonesia
- Vizag Seaport Private Limited - India
- Renaissance Capital - South Africa
- Power Finance Corporation Ltd., India
- Kapuas Tunggal Persada - Indonesia
- Banpu Public Company Limited - Thailand
- Kepco SPC Power Corporation, Philippines
- Electricity Authority, New Zealand
- McConnell Dowell - Australia
- Singapore Mercantile Exchange
- Merrill Lynch Commodities Europe
- Pipit Mutiara Jaya. PT, Indonesia
- Straits Asia Resources Limited - Singapore
- Latin American Coal - Colombia
- Bukit Baiduri Energy - Indonesia
- Timah Investasi Mineral - Indoneisa
- Offshore Bulk Terminal Pte Ltd, Singapore
- Independent Power Producers Association of India
- Formosa Plastics Group - Taiwan
- Maheswari Brothers Coal Limited - India
- Kideco Jaya Agung - Indonesia
- Planning Commission, India
- OPG Power Generation Pvt Ltd - India
- Port Waratah Coal Services - Australia
- Toyota Tsusho Corporation, Japan
- Indika Energy - Indonesia
- Kumho Petrochemical, South Korea
- Sindya Power Generating Company Private Ltd
- Coastal Gujarat Power Limited - India
- Siam City Cement PLC, Thailand
- South Luzon Thermal Energy Corporation
- MS Steel International - UAE
- GMR Energy Limited - India
- Gujarat Electricity Regulatory Commission - India
- GN Power Mariveles Coal Plant, Philippines
- Anglo American - United Kingdom
- Billiton Holdings Pty Ltd - Australia
- Cement Manufacturers Association - India
- Eastern Energy - Thailand
- Parliament of New Zealand
- Petron Corporation, Philippines
- Ambuja Cements Ltd - India
- Tamil Nadu electricity Board
- Orica Australia Pty. Ltd.
- White Energy Company Limited
- Grasim Industreis Ltd - India
- Miang Besar Coal Terminal - Indonesia
- Karaikal Port Pvt Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- Savvy Resources Ltd - HongKong
- Uttam Galva Steels Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Pendopo Energi Batubara - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Videocon Industries ltd - India
- Medco Energi Mining Internasional
- VISA Power Limited - India
- PNOC Exploration Corporation - Philippines
- PetroVietnam Power Coal Import and Supply Company
- TeaM Sual Corporation - Philippines
- Trasteel International SA, Italy
- Romanian Commodities Exchange
- Deloitte Consulting - India
- Bulk Trading Sa - Switzerland
- Bharathi Cement Corporation - India
- Mintek Dendrill Indonesia
- Bhushan Steel Limited - India
- Interocean Group of Companies - India
- Malabar Cements Ltd - India
- Madhucon Powers Ltd - India
- AsiaOL BioFuels Corp., Philippines
- SMC Global Power, Philippines
- Meralco Power Generation, Philippines
- Iligan Light & Power Inc, Philippines
- Marubeni Corporation - India
- Australian Coal Association
- Karbindo Abesyapradhi - Indoneisa
- Petrochimia International Co. Ltd.- Taiwan
- Price Waterhouse Coopers - Russia
- Vijayanagar Sugar Pvt Ltd - India
- Dalmia Cement Bharat India
- Bukit Makmur.PT - Indonesia
- India Bulls Power Limited - India
- Rashtriya Ispat Nigam Limited - India
- Energy Development Corp, Philippines
- Directorate General of MIneral and Coal - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- LBH Netherlands Bv - Netherlands
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Coalindo Energy - Indonesia
- Lanco Infratech Ltd - India
- Global Business Power Corporation, Philippines
- Borneo Indobara - Indonesia
- Wood Mackenzie - Singapore
- Barasentosa Lestari - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Bayan Resources Tbk. - Indonesia
- Rio Tinto Coal - Australia
- Thiess Contractors Indonesia
- Standard Chartered Bank - UAE
- Aditya Birla Group - India
- ICICI Bank Limited - India
- Edison Trading Spa - Italy
- Bahari Cakrawala Sebuku - Indonesia
- Indogreen Group - Indonesia
- London Commodity Brokers - England
- Vedanta Resources Plc - India
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