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Tuesday, 09 August 11
INDONESIAS COAL PRODUCTION GREW BY 19.4% LAST YEAR - BP
 COALspot.com - Indonesia’s coal production grew by 19.4% last year to 305.879 million tonnes from 256.181 million tonnes in 2009, the fastest growth in the world, according BP statistical review 2011 that release today. For 60 years, the BP Statistical Review of World Energy has provided high - quality, objective and globally consistent data on world energy markets.
Indonesia market share to global coal production was 5%. The biggest market share of global coal production still China which accounted 48.3% and USA 14.8%.
The BP's statistics further said, china was produced 1800.4 million tonnes of coal in 2010 and USA 552.2 million tonnes. New Zealand accounted as country which the second fastest growth of coal production (16.8%) to 3.3 million tonnes.
North America region coal production in 2010 only grew 2.3% to 591.6 million tonnes. South and Central America grew 2.6%, Europe and Eurasia 2.1%, Africa 1.3%, Asia Pacific 8.4%, and total world grew was 6.3%.
According to Bob Dudley, BP's chief executive, the world's coal consumption grew by 7.6% in 2010, the fastest global growth since 2003. Coal now accounts for 29.6% of global energy consumption, up from 25.6% ten years ago.
Chinese consumption grew by 10.1%. China last year consumed 48.2% of the world’s coal and accounted for nearly two-thirds of global consumption growth. India consumption grew 10.8% to 277.6 million tonnes oil equivalent. Meanwhile, Indonesia and Japan consumption also grew 13.7% to 39.4 million tonnes and 123.7 million tones. But consumption growth was robust elsewhere as well.
OECD consumption grew by 5.2%, the strongest growth since 1979, with strong growth in all regions. Global coal production grew by 6.3%, with China (+9%) agaian accounting for two-thirds of global growth. Elsewhere, coal production grew robustly in the US and Asia but fell in the EU, helping to explain the relative strength of coal prices in Europe.
Dated Brent averaged $ 79.50 per barrel in 2010 ,an increase of 29% from the 2009 but still nearly $18 per barrel below the 2008 record level. Other bench mark crudes registered similar increases.
To contact the reporter responsible on this story: Efendi at efendi@coalspot.com
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Friday, 05 August 11
THE WORLDS LARGEST COAL MINER TO INVEST IN INDO MINES
COALspot.com - Golden Energy Mines (GEMS) might go for initial public offering (IPO) by the end of September 2011. The company is planning to off lo ...
Friday, 05 August 11
DRY BULK MARKET FINALLY TAKES A BREATHER - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market at last caught a break mid-week after a constant fall which saw the industry’s benchmark, the BDI (Baltic Dry Index) falli ...
Thursday, 04 August 11
THE HBA CONTINUES TO FALL IN AUGUST
COALspot.com - Ministry of Energy and Mineral Resources of Indonesia has set the August 2011 coal reference price at US$ 117.21 per ton slightly low ...
Wednesday, 03 August 11
DEWA RETURNS TO US$2.65 MIO NET PROFIT - INSIDER STORIES
Coal mining contractor PT Darma Henwa Tbk (DEWA), that most of its revenue is contributed by Kaltim Prima Coal and Arutmin Indonesia, returned to ne ...
Wednesday, 03 August 11
DRY BULK MARKET SINKS TO THREE-MONTH LOWS, BUT CAPESIZES COULD TURN THINGS AROUND - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market kept on falling this week, on the back of slow cargo demand amid the summer season. Yesterday, the BDI (Baltic Dry Index), the i ...
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- Jaiprakash Power Ventures ltd
- Tata Chemicals Ltd - India
- Gujarat Mineral Development Corp Ltd - India
- Rashtriya Ispat Nigam Limited - India
- Timah Investasi Mineral - Indoneisa
- Bayan Resources Tbk. - Indonesia
- Kobexindo Tractors - Indoneisa
- Singapore Mercantile Exchange
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Standard Chartered Bank - UAE
- Larsen & Toubro Limited - India
- Carbofer General Trading SA - India
- Leighton Contractors Pty Ltd - Australia
- Romanian Commodities Exchange
- Sarangani Energy Corporation, Philippines
- Latin American Coal - Colombia
- Merrill Lynch Commodities Europe
- Binh Thuan Hamico - Vietnam
- Interocean Group of Companies - India
- Star Paper Mills Limited - India
- Indo Tambangraya Megah - Indonesia
- Gujarat Sidhee Cement - India
- Antam Resourcindo - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Africa Commodities Group - South Africa
- Bharathi Cement Corporation - India
- Billiton Holdings Pty Ltd - Australia
- ASAPP Information Group - India
- GMR Energy Limited - India
- Planning Commission, India
- Anglo American - United Kingdom
- Barasentosa Lestari - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Medco Energi Mining Internasional
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- ICICI Bank Limited - India
- The State Trading Corporation of India Ltd
- Sree Jayajothi Cements Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- White Energy Company Limited
- TeaM Sual Corporation - Philippines
- GVK Power & Infra Limited - India
- Essar Steel Hazira Ltd - India
- Makarim & Taira - Indonesia
- Indika Energy - Indonesia
- Samtan Co., Ltd - South Korea
- Dalmia Cement Bharat India
- Australian Commodity Traders Exchange
- Sakthi Sugars Limited - India
- Bukit Baiduri Energy - Indonesia
- Metalloyd Limited - United Kingdom
- Central Electricity Authority - India
- Vedanta Resources Plc - India
- Semirara Mining and Power Corporation, Philippines
- India Bulls Power Limited - India
- Banpu Public Company Limited - Thailand
- Kalimantan Lumbung Energi - Indonesia
- Energy Development Corp, Philippines
- New Zealand Coal & Carbon
- San Jose City I Power Corp, Philippines
- Kideco Jaya Agung - Indonesia
- Sical Logistics Limited - India
- Commonwealth Bank - Australia
- Eastern Coal Council - USA
- Thiess Contractors Indonesia
- Ministry of Mines - Canada
- Petrochimia International Co. Ltd.- Taiwan
- Straits Asia Resources Limited - Singapore
- PetroVietnam Power Coal Import and Supply Company
- Bulk Trading Sa - Switzerland
- Renaissance Capital - South Africa
- Global Business Power Corporation, Philippines
- Price Waterhouse Coopers - Russia
- Madhucon Powers Ltd - India
- Indonesian Coal Mining Association
- Pipit Mutiara Jaya. PT, Indonesia
- Sojitz Corporation - Japan
- Independent Power Producers Association of India
- Altura Mining Limited, Indonesia
- Bhoruka Overseas - Indonesia
- Port Waratah Coal Services - Australia
- Kohat Cement Company Ltd. - Pakistan
- Bukit Makmur.PT - Indonesia
- Ind-Barath Power Infra Limited - India
- Mintek Dendrill Indonesia
- Electricity Generating Authority of Thailand
- Bahari Cakrawala Sebuku - Indonesia
- Trasteel International SA, Italy
- Maheswari Brothers Coal Limited - India
- Intertek Mineral Services - Indonesia
- Bangladesh Power Developement Board
- Wood Mackenzie - Singapore
- Meralco Power Generation, Philippines
- The University of Queensland
- Coal and Oil Company - UAE
- Kumho Petrochemical, South Korea
- London Commodity Brokers - England
- AsiaOL BioFuels Corp., Philippines
- Indian Energy Exchange, India
- SN Aboitiz Power Inc, Philippines
- International Coal Ventures Pvt Ltd - India
- Xindia Steels Limited - India
- Krishnapatnam Port Company Ltd. - India
- Posco Energy - South Korea
- Karaikal Port Pvt Ltd - India
- Sindya Power Generating Company Private Ltd
- Videocon Industries ltd - India
- Wilmar Investment Holdings
- Asmin Koalindo Tuhup - Indonesia
- Meenaskhi Energy Private Limited - India
- Gujarat Electricity Regulatory Commission - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- The Treasury - Australian Government
- Vizag Seaport Private Limited - India
- Global Coal Blending Company Limited - Australia
- Eastern Energy - Thailand
- PNOC Exploration Corporation - Philippines
- Ministry of Finance - Indonesia
- McConnell Dowell - Australia
- European Bulk Services B.V. - Netherlands
- GAC Shipping (India) Pvt Ltd
- Tamil Nadu electricity Board
- Ceylon Electricity Board - Sri Lanka
- Marubeni Corporation - India
- Thai Mozambique Logistica
- Iligan Light & Power Inc, Philippines
- Borneo Indobara - Indonesia
- Holcim Trading Pte Ltd - Singapore
- IHS Mccloskey Coal Group - USA
- Mercuria Energy - Indonesia
- VISA Power Limited - India
- Ambuja Cements Ltd - India
- Agrawal Coal Company - India
- GN Power Mariveles Coal Plant, Philippines
- Formosa Plastics Group - Taiwan
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Orica Australia Pty. Ltd.
- Neyveli Lignite Corporation Ltd, - India
- PowerSource Philippines DevCo
- SMG Consultants - Indonesia
- Global Green Power PLC Corporation, Philippines
- Mercator Lines Limited - India
- Mjunction Services Limited - India
- Indian Oil Corporation Limited
- Aboitiz Power Corporation - Philippines
- South Luzon Thermal Energy Corporation
- SMC Global Power, Philippines
- Heidelberg Cement - Germany
- LBH Netherlands Bv - Netherlands
- Bhushan Steel Limited - India
- Energy Link Ltd, New Zealand
- Orica Mining Services - Indonesia
- Chettinad Cement Corporation Ltd - India
- Coalindo Energy - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Oldendorff Carriers - Singapore
- PTC India Limited - India
- Toyota Tsusho Corporation, Japan
- Aditya Birla Group - India
- Maharashtra Electricity Regulatory Commission - India
- Edison Trading Spa - Italy
- Minerals Council of Australia
- Georgia Ports Authority, United States
- Cement Manufacturers Association - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- OPG Power Generation Pvt Ltd - India
- Salva Resources Pvt Ltd - India
- Bhatia International Limited - India
- CIMB Investment Bank - Malaysia
- Directorate General of MIneral and Coal - Indonesia
- Ministry of Transport, Egypt
- Kaltim Prima Coal - Indonesia
- Indogreen Group - Indonesia
- MS Steel International - UAE
- Pendopo Energi Batubara - Indonesia
- Parliament of New Zealand
- Globalindo Alam Lestari - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Economic Council, Georgia
- Electricity Authority, New Zealand
- Petron Corporation, Philippines
- Coastal Gujarat Power Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Therma Luzon, Inc, Philippines
- Directorate Of Revenue Intelligence - India
- Jindal Steel & Power Ltd - India
- Australian Coal Association
- Siam City Cement - Thailand
- Karbindo Abesyapradhi - Indoneisa
- Lanco Infratech Ltd - India
- Manunggal Multi Energi - Indonesia
- Rio Tinto Coal - Australia
- Simpson Spence & Young - Indonesia
- IEA Clean Coal Centre - UK
- Baramulti Group, Indonesia
- CNBM International Corporation - China
- Deloitte Consulting - India
- Malabar Cements Ltd - India
- Kartika Selabumi Mining - Indonesia
- Power Finance Corporation Ltd., India
- Chamber of Mines of South Africa
- Alfred C Toepfer International GmbH - Germany
- Attock Cement Pakistan Limited
- Siam City Cement PLC, Thailand
- Cigading International Bulk Terminal - Indonesia
- Savvy Resources Ltd - HongKong
- Uttam Galva Steels Limited - India
- Sinarmas Energy and Mining - Indonesia
- Goldman Sachs - Singapore
- Semirara Mining Corp, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Parry Sugars Refinery, India
- Central Java Power - Indonesia
- Grasim Industreis Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- Kepco SPC Power Corporation, Philippines
- Riau Bara Harum - Indonesia
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