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Tuesday, 02 January 24
SINOPEC FORECASTS CHINA’S COAL CONSUMPTION TO PEAK AROUND 2025 - REUTERS
China Petrochemical Corp, or Sinopec, expects coal consumption to peak around 2025 at 4.37 billion metric tons, the state energy group said in an outlook released on Thursday.
Non-fossil energy supply, led by solar and wind, will likely exceed the equivalence of 3 billion metric tons of standard coal by 2045 to become the dominant energy source for more than half of primary energy consumption, Sinopec said in the 2060 outlook, which was released in Beijing.
Oil consumption is projected to peak around the middle of 2026-2030 at 800 million metric tons, or about 16 million barrels per day, partly due to faster-than-expected expansion in the new energy vehicle sector, Sinopec added.
China, the world’s second-largest oil consumer, is estimated to use 760 million tons, or 15.2 million bpd of oil this year.
Sinopec also forecast China’s demand for natural gas – a key bridge fuel before reaching carbon neutrality – to reach a plateau at around 2040 of 610 billion cubic meters (bcm) to account for 13% of primary energy use. This compares with 425 bcm and 9% of primary energy consumption projected for 2025.
China’s total carbon emissions from energy activities are expected to peak during the 15th Five-Year Plan period at 10.1 billion metric tons, up from 10.02 billion tons in 2023.
Source: Reuters
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Monday, 08 January 24
KOSPO TO BUY 80000 MT OF INDONESIAN LOW CALORIFIC VALUE COAL FOR FEB 2024
Korea Southern Power Co., Ltd. (KOSPO), is inviting bids for the supply of Indonesian Low Calorific Value Coal from qualified suppliers for Korean ...
Monday, 08 January 24
SEABORNE TRADE REACHES 12.4BN TONNES - CLARKSONS
China will establish a back-up coal production system by 2027 to stabilise prices and secure coal supply, the state planner said on Wednesday, even ...
Monday, 08 January 24
CAPESIZES START THE NEW YEAR ON POSITIVE NOTE - BALTIC EXCHANGE
Capesize
This week the capsize market has been marked by a mix of activities and challenges. Despite a slow start following the Christmas and N ...
Friday, 05 January 24
MORGAN STANLEY SEES LOWER OIL PRICES IN 2024 ON OVERSUPPLY CONCERNS - REUTERS
Morgan Stanley sees Brent crude prices anchored near $80 per barrel in the first half in 2024 before declining towards the end of the year as it ex ...
Friday, 05 January 24
INDIA'S COAL OUTPUT RISES NEARLY 11 PC IN DEC TO 92.87 MT - PTI
India’s coal production increased by 10.75 per cent to 92.87 million tonne in December 2023 as compared to the year-ago period, an official s ...
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- Siam City Cement PLC, Thailand
- GN Power Mariveles Coal Plant, Philippines
- Kideco Jaya Agung - Indonesia
- Sojitz Corporation - Japan
- Central Electricity Authority - India
- Medco Energi Mining Internasional
- Romanian Commodities Exchange
- SMC Global Power, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Eastern Energy - Thailand
- Aditya Birla Group - India
- IHS Mccloskey Coal Group - USA
- Semirara Mining Corp, Philippines
- Toyota Tsusho Corporation, Japan
- Banpu Public Company Limited - Thailand
- The State Trading Corporation of India Ltd
- Semirara Mining and Power Corporation, Philippines
- Electricity Authority, New Zealand
- Star Paper Mills Limited - India
- Bangladesh Power Developement Board
- New Zealand Coal & Carbon
- Madhucon Powers Ltd - India
- Gujarat Sidhee Cement - India
- Australian Coal Association
- Sindya Power Generating Company Private Ltd
- Ind-Barath Power Infra Limited - India
- Central Java Power - Indonesia
- Directorate Of Revenue Intelligence - India
- AsiaOL BioFuels Corp., Philippines
- Tamil Nadu electricity Board
- Georgia Ports Authority, United States
- Electricity Generating Authority of Thailand
- Rio Tinto Coal - Australia
- Posco Energy - South Korea
- Mercator Lines Limited - India
- Sree Jayajothi Cements Limited - India
- Alfred C Toepfer International GmbH - Germany
- Leighton Contractors Pty Ltd - Australia
- Uttam Galva Steels Limited - India
- Gujarat Mineral Development Corp Ltd - India
- McConnell Dowell - Australia
- Ambuja Cements Ltd - India
- Straits Asia Resources Limited - Singapore
- Agrawal Coal Company - India
- Vedanta Resources Plc - India
- Jaiprakash Power Ventures ltd
- Directorate General of MIneral and Coal - Indonesia
- Carbofer General Trading SA - India
- Thai Mozambique Logistica
- Independent Power Producers Association of India
- Global Green Power PLC Corporation, Philippines
- Sakthi Sugars Limited - India
- Merrill Lynch Commodities Europe
- Kumho Petrochemical, South Korea
- Jindal Steel & Power Ltd - India
- Maheswari Brothers Coal Limited - India
- Singapore Mercantile Exchange
- Africa Commodities Group - South Africa
- Grasim Industreis Ltd - India
- Bharathi Cement Corporation - India
- Rashtriya Ispat Nigam Limited - India
- Samtan Co., Ltd - South Korea
- Planning Commission, India
- TNB Fuel Sdn Bhd - Malaysia
- Kalimantan Lumbung Energi - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Malabar Cements Ltd - India
- Australian Commodity Traders Exchange
- Jorong Barutama Greston.PT - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- ASAPP Information Group - India
- Oldendorff Carriers - Singapore
- Mintek Dendrill Indonesia
- Sical Logistics Limited - India
- GAC Shipping (India) Pvt Ltd
- Ministry of Transport, Egypt
- White Energy Company Limited
- IEA Clean Coal Centre - UK
- Savvy Resources Ltd - HongKong
- Price Waterhouse Coopers - Russia
- Baramulti Group, Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Ceylon Electricity Board - Sri Lanka
- Indian Oil Corporation Limited
- Chamber of Mines of South Africa
- Kohat Cement Company Ltd. - Pakistan
- Energy Development Corp, Philippines
- South Luzon Thermal Energy Corporation
- Marubeni Corporation - India
- Orica Mining Services - Indonesia
- Altura Mining Limited, Indonesia
- PNOC Exploration Corporation - Philippines
- Eastern Coal Council - USA
- Makarim & Taira - Indonesia
- Anglo American - United Kingdom
- Lanco Infratech Ltd - India
- Kobexindo Tractors - Indoneisa
- Formosa Plastics Group - Taiwan
- Coal and Oil Company - UAE
- Standard Chartered Bank - UAE
- Meralco Power Generation, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Binh Thuan Hamico - Vietnam
- Meenaskhi Energy Private Limited - India
- Commonwealth Bank - Australia
- Indo Tambangraya Megah - Indonesia
- Billiton Holdings Pty Ltd - Australia
- San Jose City I Power Corp, Philippines
- Latin American Coal - Colombia
- India Bulls Power Limited - India
- Bhushan Steel Limited - India
- Global Coal Blending Company Limited - Australia
- Videocon Industries ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Vizag Seaport Private Limited - India
- Coalindo Energy - Indonesia
- London Commodity Brokers - England
- Timah Investasi Mineral - Indoneisa
- PowerSource Philippines DevCo
- Wood Mackenzie - Singapore
- Parry Sugars Refinery, India
- Minerals Council of Australia
- Energy Link Ltd, New Zealand
- Kepco SPC Power Corporation, Philippines
- Gujarat Electricity Regulatory Commission - India
- TeaM Sual Corporation - Philippines
- SMG Consultants - Indonesia
- Therma Luzon, Inc, Philippines
- Globalindo Alam Lestari - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- International Coal Ventures Pvt Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- Coastal Gujarat Power Limited - India
- Metalloyd Limited - United Kingdom
- The Treasury - Australian Government
- Dalmia Cement Bharat India
- Barasentosa Lestari - Indonesia
- Renaissance Capital - South Africa
- CNBM International Corporation - China
- Bahari Cakrawala Sebuku - Indonesia
- Siam City Cement - Thailand
- Cigading International Bulk Terminal - Indonesia
- Larsen & Toubro Limited - India
- Economic Council, Georgia
- Neyveli Lignite Corporation Ltd, - India
- Borneo Indobara - Indonesia
- ICICI Bank Limited - India
- Trasteel International SA, Italy
- Manunggal Multi Energi - Indonesia
- Indonesian Coal Mining Association
- European Bulk Services B.V. - Netherlands
- Asmin Koalindo Tuhup - Indonesia
- Ministry of Finance - Indonesia
- Attock Cement Pakistan Limited
- CIMB Investment Bank - Malaysia
- Global Business Power Corporation, Philippines
- Intertek Mineral Services - Indonesia
- Heidelberg Cement - Germany
- PTC India Limited - India
- Indogreen Group - Indonesia
- SN Aboitiz Power Inc, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Bhatia International Limited - India
- Goldman Sachs - Singapore
- Port Waratah Coal Services - Australia
- Bhoruka Overseas - Indonesia
- Bulk Trading Sa - Switzerland
- Interocean Group of Companies - India
- Orica Australia Pty. Ltd.
- Bayan Resources Tbk. - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Antam Resourcindo - Indonesia
- Tata Chemicals Ltd - India
- Mercuria Energy - Indonesia
- Iligan Light & Power Inc, Philippines
- Kaltim Prima Coal - Indonesia
- Thiess Contractors Indonesia
- Petron Corporation, Philippines
- PetroVietnam Power Coal Import and Supply Company
- MS Steel International - UAE
- Bukit Makmur.PT - Indonesia
- Essar Steel Hazira Ltd - India
- Chettinad Cement Corporation Ltd - India
- VISA Power Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Parliament of New Zealand
- LBH Netherlands Bv - Netherlands
- GVK Power & Infra Limited - India
- Bukit Baiduri Energy - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- GMR Energy Limited - India
- Indika Energy - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Sarangani Energy Corporation, Philippines
- Xindia Steels Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Wilmar Investment Holdings
- Krishnapatnam Port Company Ltd. - India
- Cement Manufacturers Association - India
- Mjunction Services Limited - India
- Kartika Selabumi Mining - Indonesia
- Simpson Spence & Young - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Aboitiz Power Corporation - Philippines
- Power Finance Corporation Ltd., India
- Salva Resources Pvt Ltd - India
- The University of Queensland
- Pendopo Energi Batubara - Indonesia
- OPG Power Generation Pvt Ltd - India
- Miang Besar Coal Terminal - Indonesia
- Edison Trading Spa - Italy
- Indian Energy Exchange, India
- Ministry of Mines - Canada
- Karaikal Port Pvt Ltd - India
- Deloitte Consulting - India
- Riau Bara Harum - Indonesia
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