COALspot.com keeps you connected across the coal world
  • AUGUST 2019 INDONESIAN COAL PRICE REFERENCE FOR EXPORTS AND DOMESTIC BUYERS EXCEPT POWER PRODUCERS FIXED AT US$ 72.67 A TON
  • SHARE YOUR CORPORATE COAL & SHIPPING NEWS WITH US - NEWS@COALSPOT.COM
  • WE WELCOME ARTICLE SUBMISSIONS FROM EXPERTS IN THE AREAS OF COAL, MINING, SHIPPING, ETC.

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


WTI Crude Oil

BRENT Crude Oil

Search News
Latest CoalNews Headlines
Wednesday, 27 June 18
SHIPPING MARKET INSIGHT - APOSTOLOS ROMPOPOULOS
IntermodalAfter the abolishment of the trade embargo against Iran, there was a lot of optimism from the country’s side, as after quite some time a number of companies started demonstrating interest for oil and gas investments there.
 
The start was rather encouraging as in January 2016, with production increasing from 2.8 million barrels per day to 3.5 million barrels per day, reaching 3.83 million barrels per day in August 2017. High field pressure was temporary and production was not maintained at high levels.
 
Additionally, it is worth mentioning that crude oil exports increased from 2.5 million barrels per day in October 2016 to 2.61 million barrels per day in April 2018. This however was caused due to stored oil and not from new production, which would have been the ideal case.
 
During the 2010-2016 period, there were already many oil fields that had started entering the maturity phase and could not maintain satisfactory pressure to pump oil. So when the sanctions were first introduced, things became even tighter for the country. NIOC could not find a way to maintain fields at a solid productive capacity. Together with the fact that the oil revenue was declining, NIOC was eventually obligated to shutter oil wells in multiple fields due to lack of required funding.
 
What I would like to highlight here is that even before Trump’s sanctions, Iran found it difficult to approach foreign investors and companies to work together with NIOC.
 
What Iran really required once the sanctions were lifted was foreign investment and foreign expertise to revamp its oil and gas production infrastructure. As a means of enticing foreign companies to invest and work in Iran, the country’s Oil Minister, Bijan Namdar Zangeneh, sought to offer new oil contracts with more lucrative terms compared to those prior to the sanctions. Nevertheless, those new contracts never materialized.
 
Post Trump’s sanctions
When the new sanctions arrived in May 2018, Total, the only foreign oil company that had actively pursued investment in Iran, announced that it would drop the project on the South Pars 11 gas field.
 
In contrast to the above, we noticed a rare export from Khrag island to Chile after 16 years according to refineries’ records;  (MT “MONTE TOLEDO” 140 NHC 24 MAY KHARG/CHILE).
 
Spain's Repsol purchased 500,000 barrels of Pars Oil on a spot basis. Pars Oil, co-loaded with Iranian heavy grade is a new grade produced in the West Karoun block. This specific trade shows Tehran’s willingness not only to raise oil exports but also to expand trade with Europeans.
 
To conclude, Iran is expected to focus on the improvement of its oil production as well as continue seeking new business allies in order to survive the newly introduced sanctions form the U.S. At the same time European powers are also expected to keep supporting Iranian oil exports and continue purchasing Iranian crude, simply because they wish to keep the nuclear accord with Tehran alive.
By Apostolos Rompopoulos
Oil Products  

Compiled by:
Intermodal Research & Valuations

Analysts:
Ms Eva Tzima

Disclaimer and legal disclosure: For any further queries please do not hesitate to contact our Research & Valuations Department. The information contained in this report has been obtained from various sources, as reported in the market. Intermodal Shipbrokers Co. believes such information to be factual and reliable without making guarantees regarding its accuracy or completeness. Whilst every care has been taken in the production of the above review, no liability can be accepted for any loss or damage incurred in any way whatsoever by any person who may seek to rely on the information and views contained in this material. This report is being produced for the internal use of the intended recipients only and no reproducing is allowed, without the prior written authorization of Intermodal Shipbrokers Co.

The Information contained within the website of COALspot.com is intended for informational purposes only and is not intended as professional counsel and should not be used as such.


If you believe an article violates your rights or the rights of others, please contact us.

Recent News

Wednesday, 10 July 19
SHIPPING MARKET INSIGHT - INTERMODAL
In contrast with the general expectations for the dry bulk market, the sector was not positive or even stable during the past 6 months. The warning ...


Monday, 08 July 19
INDONESIAN COAL PRICE REFERENCE POSTS BIGGEST MONTHLY LOSS SINCE JANUARY 2017
COALspot.com: The Ministry of Energy and Mineral Resources of the Republic of Indonesia has revised down again the benchmark price of Indonesian th ...


Monday, 08 July 19
ULTRAMAX: A 52,000-TONNER OPEN CJK FIXED FOR A TRIP VIA INDONESIA WITH RE-DELIVERY CHINA AT $6,100 - BALTIC BRIEFING
Capesize The Capesize market surged over the past week, reaching highs not seen since August last year. Widespread activity in both basins saw ...


Wednesday, 03 July 19
SHIPPING MARKET INSIGHT - INTERMODAL
The global shipping industry is facing numerous challenges at a time when geopolitical turmoil has escalated in view of the recent tension in the M ...


Monday, 01 July 19
COAL DEMAND RISES, BUT REMAINS BELOW PEAK LEVELS - FORBES
This article is the third in a series on BP’s recently-released Statistical Review of World Energy 2019. The Review provides a comprehensive ...


   3 4 5 6 7   
Showing 21 to 25 news of total 5523
News by Category
Popular News
 
Total Members : 26,432
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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