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, 07 July 09
RUSSIAN AUDITORS ATTACK COAL EXPORTERS OVER PRICING


Russia's budget is losing substantial revenues because the country's exporters ship coal overseas at artificially low prices through various offshore schemes, Russia's top auditing body said.

A report published on the Audit Chamber website said up to 80 percent of Russian coal exports were going through offshore firms at prices often 30 percent to 54 percent below market rates.

"As a result substantial funds raised from coal sales are accumulated on offshore firms' accounts while Russia's budget is losing a substantial part of tax revenues," the auditing chamber said in a statement.

The investigation follows criticism by Russian Prime Minister Vladimir Putin of the export policies of major Russian coal firms last year.

Putin attacked coking coal producer Mechel for its pricing policies, causing a sharp sell-off of the New York-listed stock.

Russia produced 326 million tonnes of coal last year and exported just over 100 million tonnes with Mechel, SUEK, KuzbassRazrezUgol and Raspadskaya (RASP.MM) being among top producers and exporters.

Source: Reuters
(
http://www.reuters.com/article/marketsNews/idUSL757937520090707)



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

Recent News

Monday, 27 July 09
ADANI POWER'S $625 MILLION IPO TO GENERATE HOT DEMAND
  WSJ reported that, Adani Power, the electricity generating unit of India's Adani Enterprises Ltd., is set raise up to US$625 million in wha ...


Monday, 27 July 09
MIDDLE EAST COAL TO MOVE ON $1B EAST KALIMANTAN PROJECT
The Jakarta globe reported that, Middle East Coal reiterated on Monday that it would push ahead its $1 billion development program for East Kutai Re ...


Monday, 27 July 09
SHORT AND ONE YEAR PERIOD RATES FOR SUPRAMAX WAS FIRM AT AROUND US$ 18, 000 -18,500 PER DAY
COALspot.com (Singapore): The Supramax charter rates up sharply last week (ended 24th July 2009), especially India / Far East region said, Capt ...


Monday, 27 July 09
COKING COAL, IRON-ORE LIKELY TO BENEFIT NON-INTEGRATED STEEL PRODUCERS
Economictimes reported that, The second half of the financial year 2008-09 was one of the toughest periods for steel companies, especially the non-i ...


Monday, 27 July 09
GMR ENERGY BUYS EMCO POWERGEN SUBSIDIARY
DNA India reported that, Thane-based transformer manufacturer Emco Ltd has sold its stake in unlisted power generation subsidiary Emco Energy to Ban ...


   1310 1311 1312 1313 1314   
Showing 6556 to 6560 news of total 6871
News by Category
Popular News
 
Total Members : 28,617
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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