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Thursday, 22 December 22
RUSSIAN OIL EXPORTS CRATER BY 54% IN THE FIRST FULL WEEK OF THE EU'S EMBARGO AMID A SHORTAGE OF TANKERS WILLING TO CARRY CARGOES - BUSINESS INSIDER
Since the European Union imposed its seaborne crude sanctions, Russian oil exports have tumbled by more than half, according to data compiled by Bloomberg.
In the week that ended December 16, which marked the first full week after the ban set in, total volumes coming out of Russia fell by 1.86 million barrels a day, or 54%, to about 1.6 million. The four-week average also dropped to a new low for 2022.
Signs also pointed to a a shortage of ship owners who were willing to transport Russian oil from an export facility in Asia, the report said.
However, the data must be viewed cautiously, as variables like weather and cargo scheduling can sway week-over-week changes in flows.
Still, other evidence has emerged that the market for ships is tightening. US oil company Exxon Mobil is avoiding hiring oil tankers that used to carry Russian supplies, according to Bloomberg.
Global energy rival Shell has also made a similar move as the possibility of some Russian oil being left over in a tanker risks violating sanctions.
While a “dark fleet” of tankers has been assembled to move Russian oil below the radar, the oil majors are making it harder for those ships to eventually go back to moving non-Russian supplies.
Staring December 5, the EU banned imports of Russian oil by sea and blocked shipping and related financial services for companies transporting Russian oil. At the same time, the EU and the G7 imposed a $60-per-barrel price cap on Moscow’s crude.
The aim is to stifle Moscow’s export revenue while still keeping Russian crude flowing on the market and preventing a supply shock that would spike prices.
For buyers abiding by the cap, some of the measures in the EU embargo are allowed, such as insurance. For those that pay above $60 a barrel, then they cannot access EU services for 90 days.
Source: Business Insider
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Tuesday, 23 May 23
INDIA: COAL OUTPUT UP 8.9%, SUPPLY RISES 11.7% IN APRIL - FINANCIAL EXPRESS
India’s coal production jumped 8.85% to 73.14 million tonne (MT) in April 2023 and the total coal despatch during the month went up 11.66% to ...
Tuesday, 23 May 23
CHINA COAL OUTPUT UP 4.5 PCT IN APRIL - XINHUA
China’s raw coal output posted stable expansion in April, official data showed.
The country produced 380 million tonnes of raw ...
Saturday, 20 May 23
NON-OPEC OIL SUPPLY DEVELOPMENT - OPEC
In 2022, non-OPEC supply is estimated to have increased by 1.9 mb/d y-o-y. Out of this, US liquids production increased by 1.2 mb/d, mainly on the ...
Saturday, 20 May 23
GLOBAL COAL TRADE HAS REALLY PICKED UP PACE IN RECENT MONTHS, NOW FULLY BACK TO PRE-COVID LEVELS - BANCHERO COSTA
Global coal trade has really picked up pace in recent months, and is now fully back to pre-Covid levels. In Jan-Apr 2023, total global seaborne coa ...
Saturday, 20 May 23
MARKET INSIGHT - INTERMODAL
India is one of the world's largest coal producers and one of the world's largest importers of coal. The country uses coal mainly for power ...
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Showing 101 to 105 news of total 6871 |
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- Toyota Tsusho Corporation, Japan
- Singapore Mercantile Exchange
- Cigading International Bulk Terminal - Indonesia
- Sakthi Sugars Limited - India
- Sindya Power Generating Company Private Ltd
- Carbofer General Trading SA - India
- Madhucon Powers Ltd - India
- Dalmia Cement Bharat India
- Global Business Power Corporation, Philippines
- Jaiprakash Power Ventures ltd
- Essar Steel Hazira Ltd - India
- Miang Besar Coal Terminal - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Interocean Group of Companies - India
- Star Paper Mills Limited - India
- Barasentosa Lestari - Indonesia
- IEA Clean Coal Centre - UK
- Ministry of Mines - Canada
- Vedanta Resources Plc - India
- Heidelberg Cement - Germany
- Cement Manufacturers Association - India
- Orica Australia Pty. Ltd.
- PetroVietnam Power Coal Import and Supply Company
- Pendopo Energi Batubara - Indonesia
- OPG Power Generation Pvt Ltd - India
- Chettinad Cement Corporation Ltd - India
- Karaikal Port Pvt Ltd - India
- Anglo American - United Kingdom
- Australian Commodity Traders Exchange
- San Jose City I Power Corp, Philippines
- GVK Power & Infra Limited - India
- Baramulti Group, Indonesia
- Goldman Sachs - Singapore
- Eastern Energy - Thailand
- New Zealand Coal & Carbon
- Makarim & Taira - Indonesia
- Samtan Co., Ltd - South Korea
- Ceylon Electricity Board - Sri Lanka
- Kalimantan Lumbung Energi - Indonesia
- PTC India Limited - India
- Merrill Lynch Commodities Europe
- Metalloyd Limited - United Kingdom
- Straits Asia Resources Limited - Singapore
- Borneo Indobara - Indonesia
- Ministry of Transport, Egypt
- PNOC Exploration Corporation - Philippines
- Minerals Council of Australia
- Siam City Cement - Thailand
- Rashtriya Ispat Nigam Limited - India
- PowerSource Philippines DevCo
- Intertek Mineral Services - Indonesia
- Semirara Mining Corp, Philippines
- ASAPP Information Group - India
- Mintek Dendrill Indonesia
- Edison Trading Spa - Italy
- Meralco Power Generation, Philippines
- Vizag Seaport Private Limited - India
- Kohat Cement Company Ltd. - Pakistan
- India Bulls Power Limited - India
- Uttam Galva Steels Limited - India
- Mjunction Services Limited - India
- Semirara Mining and Power Corporation, Philippines
- Aditya Birla Group - India
- Alfred C Toepfer International GmbH - Germany
- Energy Development Corp, Philippines
- Indogreen Group - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Sical Logistics Limited - India
- Bhushan Steel Limited - India
- Indian Oil Corporation Limited
- Xindia Steels Limited - India
- Parry Sugars Refinery, India
- Pipit Mutiara Jaya. PT, Indonesia
- Sarangani Energy Corporation, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Standard Chartered Bank - UAE
- Kumho Petrochemical, South Korea
- Binh Thuan Hamico - Vietnam
- Offshore Bulk Terminal Pte Ltd, Singapore
- Asmin Koalindo Tuhup - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Power Finance Corporation Ltd., India
- Savvy Resources Ltd - HongKong
- SMC Global Power, Philippines
- Chamber of Mines of South Africa
- Kideco Jaya Agung - Indonesia
- GMR Energy Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Antam Resourcindo - Indonesia
- Latin American Coal - Colombia
- Marubeni Corporation - India
- Posco Energy - South Korea
- Kepco SPC Power Corporation, Philippines
- Formosa Plastics Group - Taiwan
- Wood Mackenzie - Singapore
- AsiaOL BioFuels Corp., Philippines
- Manunggal Multi Energi - Indonesia
- London Commodity Brokers - England
- Maheswari Brothers Coal Limited - India
- The Treasury - Australian Government
- Indonesian Coal Mining Association
- Salva Resources Pvt Ltd - India
- Ambuja Cements Ltd - India
- Aboitiz Power Corporation - Philippines
- Indo Tambangraya Megah - Indonesia
- Banpu Public Company Limited - Thailand
- Global Coal Blending Company Limited - Australia
- Directorate General of MIneral and Coal - Indonesia
- McConnell Dowell - Australia
- Electricity Generating Authority of Thailand
- SN Aboitiz Power Inc, Philippines
- Economic Council, Georgia
- Port Waratah Coal Services - Australia
- Billiton Holdings Pty Ltd - Australia
- Global Green Power PLC Corporation, Philippines
- Directorate Of Revenue Intelligence - India
- Africa Commodities Group - South Africa
- Gujarat Mineral Development Corp Ltd - India
- Indika Energy - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Ind-Barath Power Infra Limited - India
- Malabar Cements Ltd - India
- Mercator Lines Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Coalindo Energy - Indonesia
- Electricity Authority, New Zealand
- Sree Jayajothi Cements Limited - India
- Thiess Contractors Indonesia
- Deloitte Consulting - India
- Kapuas Tunggal Persada - Indonesia
- TeaM Sual Corporation - Philippines
- Medco Energi Mining Internasional
- Therma Luzon, Inc, Philippines
- Orica Mining Services - Indonesia
- Grasim Industreis Ltd - India
- Central Java Power - Indonesia
- Videocon Industries ltd - India
- ICICI Bank Limited - India
- Siam City Cement PLC, Thailand
- Kaltim Prima Coal - Indonesia
- Georgia Ports Authority, United States
- Bukit Makmur.PT - Indonesia
- Trasteel International SA, Italy
- Bulk Trading Sa - Switzerland
- Indian Energy Exchange, India
- Neyveli Lignite Corporation Ltd, - India
- Meenaskhi Energy Private Limited - India
- GAC Shipping (India) Pvt Ltd
- Petron Corporation, Philippines
- Kartika Selabumi Mining - Indonesia
- Globalindo Alam Lestari - Indonesia
- Attock Cement Pakistan Limited
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Iligan Light & Power Inc, Philippines
- CNBM International Corporation - China
- The State Trading Corporation of India Ltd
- Vijayanagar Sugar Pvt Ltd - India
- Commonwealth Bank - Australia
- Romanian Commodities Exchange
- Planning Commission, India
- Wilmar Investment Holdings
- Independent Power Producers Association of India
- Bukit Baiduri Energy - Indonesia
- Lanco Infratech Ltd - India
- Rio Tinto Coal - Australia
- Maharashtra Electricity Regulatory Commission - India
- Bharathi Cement Corporation - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Bhoruka Overseas - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- SMG Consultants - Indonesia
- Jindal Steel & Power Ltd - India
- CIMB Investment Bank - Malaysia
- LBH Netherlands Bv - Netherlands
- Bhatia International Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Ministry of Finance - Indonesia
- Bangladesh Power Developement Board
- Karbindo Abesyapradhi - Indoneisa
- MS Steel International - UAE
- Renaissance Capital - South Africa
- Oldendorff Carriers - Singapore
- Central Electricity Authority - India
- VISA Power Limited - India
- Agrawal Coal Company - India
- Riau Bara Harum - Indonesia
- Australian Coal Association
- IHS Mccloskey Coal Group - USA
- The University of Queensland
- Kobexindo Tractors - Indoneisa
- Sinarmas Energy and Mining - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Thai Mozambique Logistica
- Timah Investasi Mineral - Indoneisa
- Parliament of New Zealand
- Eastern Coal Council - USA
- Gujarat Sidhee Cement - India
- South Luzon Thermal Energy Corporation
- White Energy Company Limited
- Tata Chemicals Ltd - India
- Bayan Resources Tbk. - Indonesia
- Altura Mining Limited, Indonesia
- Sojitz Corporation - Japan
- Gujarat Electricity Regulatory Commission - India
- International Coal Ventures Pvt Ltd - India
- Simpson Spence & Young - Indonesia
- Price Waterhouse Coopers - Russia
- Leighton Contractors Pty Ltd - Australia
- European Bulk Services B.V. - Netherlands
- Bukit Asam (Persero) Tbk - Indonesia
- Mercuria Energy - Indonesia
- Energy Link Ltd, New Zealand
- Tamil Nadu electricity Board
- Larsen & Toubro Limited - India
- Coal and Oil Company - UAE
- Coastal Gujarat Power Limited - India
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