COALspot.com keeps you connected across the coal world

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


Search News
Latest CoalNews Headlines
Tuesday, 06 July 10
SHENHUA GROUPS 2013 PROFIT MAY EXCEED $15 BILLION - BUSINESS WEEK


Business Week reported that, Shenhua Group Corp., China’s biggest coal producer, expects profit to exceed 100 billion yuan ($15 billion) by 2013 as the company develops projects in Australia, Indonesia, Mongolia and Russia.

The company has a revenue target of 300 billion yuan for 2013, according to notes in a speech to be delivered tomorrow by Li Jingping, general manager of coal transport and sales, at a coal conference in Dalian city.

Profit may reach 45 billion yuan in 2009, Zhang Xiwu, chairman of the parent of Hong-Kong listed China Shenhua Energy Co., said last year. Peabody Energy Corp., the biggest U.S. producer, reported a net income of $448 million in 2009. Shenhua is developing overseas projects to meet demand for coal, used to generate 80 percent of China’s power, after the nation became a net importer of the fuel for the first time in 2009.

China’s domestic coal output may increase to 4 billion tons by 2015, according to the notes. The country’s coal-fired power generators capacity may reach 960 million kilowatts, he wrote.

Shenhua’s installed power capacity may reach 62.2 million kilowatts in 2015, of which 48.6 million kilowatts will be coal- fired generators, and 5.4 million kilowatts wind and solar plants, the notes said.

Shenhua’s Power Output

The company’s power output for this year is estimated at 150 billion kilowatts and coal production may reach 360 million tons. Commercial coal sales may rise to 420 million tons by the end of this year, Li said.

China’s share of electricity generated from coal-fired plants may fall to 72 percent by 2015 from 75.9 percent now, according to Li. The world’s biggest greenhouse gas emitter wants to cut coal consumption and boost use of cleaner-burning alternatives as the government sets a target to reduce carbon dioxide the nation emits for each unit of economic output by 40 to 45 percent by 2020 from 2005 levels.

The company may produce 2.5 million tons of fuel from coal- to-liquid projects, Li wrote separately.

Shenhua started operating the nation’s first plant to turn coal into fuels such as gasoline and diesel in 2008. The plant is located in Inner Mongolia.
Source: Business Week



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

Recent News

Thursday, 08 July 10
KPCL RECEIVES 8 QUALIFIED BIDS TO SUPPLY 500,000 MT OF COAL
COALspot.com: Indian state utility KARNATAKA POWER CORPORATION LIMITED  has opened price bid yesterday. According to a participant, the quo ...


Thursday, 08 July 10
DRY BULK MARKET STILL PLUNGING, NOW STANDING AT 14 MONTH LOWS
The dry bulk shipping market’s demise isn’t over yet, as the industry’s main benchmark, the Baltic Dry Index (BDI) has been on a f ...


Wednesday, 07 July 10
MACQUARIE SEES CHINA COMMODITIES PRICE FALLS AND CUTBACKS AHEAD - MINEWEB
MineWeb reported that, The research arm of Australia's Macquarie Bank - one of the most reliable of China watchers - in its latest briefing on Chin ...


Wednesday, 07 July 10
COAL PRICES ON THE RISE
Caixin  online reported that, China's domestic coal prices have seen a 26.2 percent year-on-year rise in May. Meanwhile, the volume of coal im ...


Tuesday, 06 July 10
INCREASE IN DRY BULK SPOT FIXTURES UNABLE TO BOOST RATES, LOSING STREAK CONTINUES
Yet another week began on a negative note for the dry bulk shipping market, with the Baltic Dry Index posting its 28th straight losing daily session ...


   1146 1147 1148 1149 1150   
Showing 5736 to 5740 news of total 6871
News by Category
Popular News
 
Total Members : 28,622
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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