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

Thursday, 23 July 09
INDONESIA COAL-PRICES CLIMB TO $80, INDIAN DEMAND SLOWS
Reuters reported that,  prices of power-station coal in Australia, a benchmark for Asia, jumped to nearly $80 a tonne this week, while Indonesi ...


Thursday, 23 July 09
COAL IMPORTS SURGE; EXPORTS DOWN IN H1
China Trade Information reported that, China’s coal imports surged by 126.3 percent year-on-year in the first half of 2009, reaching 48.3 mill ...


Thursday, 23 July 09
SRI LANKA CALLS FOR COAL SUPPLY BIDS
Daily Mirro reported that, In a move to install the country’s first coal power plant, Sri Lanka has invited bids to supply 2.4 million metric ...


Thursday, 23 July 09
POWER INVESTORS TURN BACKS ON VIETNAMESE COAL IMPORTERS
VietNamNet Bridge reported that, Investors of power plants always seek foreign coal sources to import themselves, believing they can come by it chea ...


Wednesday, 22 July 09
BERAU COAL DRAWS LOCAL, CHINESE BIDS - SOURCES
* Indonesian coal firm draws local, Chinese bids-sources * Deal could value Berau at more than $1 billion-sources Reuters reported that, China' ...


   1313 1314 1315 1316 1317   
Showing 6571 to 6575 news of total 6871
News by Category
Popular News
 
Total Members : 28,634
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
  • Bhoruka Overseas - Indonesia
  • Port Waratah Coal Services - Australia
  • Sinarmas Energy and Mining - Indonesia
  • Barclays Capital - USA
  • Core Mineral Indonesia
  • Runge Indonesia
  • TANGEDCO India
  • Bukit Makmur.PT - Indonesia
  • Gujarat Electricity Regulatory Commission - India
  • Indian Energy Exchange, India
  • McKinsey & Co - India
  • Riau Bara Harum - Indonesia
  • Intertek Mineral Services - Indonesia
  • Electricity Authority, New Zealand
  • Mercuria Energy - Indonesia
  • JPower - Japan
  • ING Bank NV - Singapore
  • Thomson Reuters GRC
  • Eastern Energy - Thailand
  • India Bulls Power Limited - India
  • Semirara Mining Corp, Philippines
  • Vijayanagar Sugar Pvt Ltd - India
  • Heidelberg Cement - Germany
  • Essar Steel Hazira Ltd - India
  • CESC Limited - India
  • Coastal Gujarat Power Limited - India
  • Thiess Contractors Indonesia
  • Binh Thuan Hamico - Vietnam
  • EIA - United States
  • Arch Coal - USA
  • Samsung - South Korea
  • Meralco Power Generation, Philippines
  • PTC India Limited - India
  • Krishnapatnam Port Company Ltd. - India
  • CoalTek, United States
  • Idemitsu - Japan
  • Lafarge - France
  • Ernst & Young Pvt. Ltd.
  • EMO - The Netherlands
  • Platts
  • Eastern Coal Council - USA
  • Malco - India
  • Bulk Trading Sa - Switzerland
  • Shenhua Group - China
  • Billiton Holdings Pty Ltd - Australia
  • Rudhra Energy - India
  • SN Aboitiz Power Inc, Philippines
  • Kalimantan Lumbung Energi - Indonesia
  • Independent Power Producers Association of India
  • World Coal - UK
  • Mjunction Services Limited - India
  • Vale Mozambique
  • Alfred C Toepfer International GmbH - Germany
  • Maybank - Singapore
  • Kideco Jaya Agung - Indonesia
  • Surastha Cement
  • Latin American Coal - Colombia
  • Asian Development Bank
  • Rashtriya Ispat Nigam Limited - India
  • Asia Cement - Taiwan
  • Fearnleys - India
  • Australian Commodity Traders Exchange
  • Trasteel International SA, Italy
  • Mitsui
  • Coeclerici Indonesia
  • Orica Australia Pty. Ltd.
  • Coal and Oil Company - UAE
  • Borneo Indobara - Indonesia
  • Chettinad Cement Corporation Ltd - India
  • IMC Shipping - Singapore
  • Bukit Asam (Persero) Tbk - Indonesia
  • Deutsche Bank - India
  • Mercator Lines Limited - India
  • Iligan Light & Power Inc, Philippines
  • Thailand Anthracite
  • Cardiff University - UK
  • Toyota Tsusho Corporation, Japan
  • Straits Asia Resources Limited - Singapore
  • PowerSource Philippines DevCo
  • MS Steel International - UAE
  • Uttam Galva Steels Limited - India
  • Energy Development Corp, Philippines
  • Ind-Barath Power Infra Limited - India
  • Rio Tinto Coal - Australia
  • Ceylon Electricity Board - Sri Lanka
  • Coaltrans Conferences
  • Baramulti Group, Indonesia
  • VISA Power Limited - India
  • Kapuas Tunggal Persada - Indonesia
  • Reliance Power - India
  • Lanco Infratech Ltd - India
  • Mitra SK Pvt Ltd - India
  • Tamil Nadu electricity Board
  • San Jose City I Power Corp, Philippines
  • Kohat Cement Company Ltd. - Pakistan
  • Romanian Commodities Exchange
  • SGS (Thailand) Limited
  • Thriveni
  • Sucofindo - Indonesia
  • Adani Power Ltd - India
  • Wood Mackenzie - Singapore
  • Ministry of Mines - Canada
  • London Commodity Brokers - England
  • Posco Energy - South Korea
  • Bhushan Steel Limited - India
  • Japan Coal Energy Center
  • AsiaOL BioFuels Corp., Philippines
  • Interocean Group of Companies - India
  • Coalindo Energy - Indonesia
  • Indonesia Power. PT
  • Semirara Mining and Power Corporation, Philippines
  • IBC Asia (S) Pte Ltd
  • U S Energy Resources
  • Asmin Koalindo Tuhup - Indonesia
  • Singapore Mercantile Exchange
  • GMR Energy Limited - India
  • Medco Energi Mining Internasional
  • J M Baxi & Co - India
  • CIMB Investment Bank - Malaysia
  • HSBC - Hong Kong
  • Savvy Resources Ltd - HongKong
  • UBS Singapore
  • Glencore India Pvt. Ltd
  • APGENCO India
  • ETA - Dubai
  • Gujarat Sidhee Cement - India
  • Meenaskhi Energy Private Limited - India
  • Holcim Trading Pte Ltd - Singapore
  • Jorong Barutama Greston.PT - Indonesia
  • SRK Consulting
  • Coal India Limited
  • Kepco SPC Power Corporation, Philippines
  • Clarksons - UK
  • Asia Pacific Energy Resources Ventures Inc, Philippines
  • OPG Power Generation Pvt Ltd - India
  • Inco-Indonesia
  • The India Cements Ltd
  • Jaiprakash Power Ventures ltd
  • Moodys - Singapore
  • Directorate Of Revenue Intelligence - India
  • Formosa Plastics Group - Taiwan
  • Anglo American - United Kingdom
  • Bank of America
  • Jindal Steel & Power Ltd - India
  • Coal Orbis AG
  • Geoservices-GeoAssay Lab
  • Georgia Ports Authority, United States
  • BNP Paribas - Singapore
  • Arutmin Indonesia
  • Makarim & Taira - Indonesia
  • Price Waterhouse Coopers - Russia
  • Merrill Lynch Bank
  • Videocon Industries ltd - India
  • Siam City Cement - Thailand
  • PetroVietnam
  • JPMorgan - India
  • Attock Cement Pakistan Limited
  • NALCO India
  • Tata Power - India
  • Australian Coal Association
  • Mechel - Russia
  • TRAFIGURA, South Korea
  • Permata Bank - Indonesia
  • Carbofer General Trading SA - India
  • Parliament of New Zealand
  • PLN - Indonesia
  • Offshore Bulk Terminal Pte Ltd, Singapore
  • Indika Energy - Indonesia
  • The State Trading Corporation of India Ltd
  • Inspectorate - India
  • Kartika Selabumi Mining - Indonesia
  • Tanito Harum - Indonesia
  • Maheswari Brothers Coal Limited - India
  • Karbindo Abesyapradhi - Indoneisa
  • IOL Indonesia
  • KOWEPO - South Korea
  • Pipit Mutiara Jaya. PT, Indonesia
  • Banpu Public Company Limited - Thailand
  • ANZ Bank - Australia
  • Infraline Energy - India
  • MEC Coal - Indonesia
  • Indian Oil Corporation Limited
  • Maharashtra Electricity Regulatory Commission - India
  • Marubeni Corporation - India
  • Sojitz Corporation - Japan
  • Truba Alam Manunggal Engineering.Tbk - Indonesia
  • Merrill Lynch Commodities Europe
  • Britmindo - Indonesia
  • Berau Coal - Indonesia
  • Kaltim Prima Coal - Indonesia
  • DBS Bank - Singapore
  • Electricity Generating Authority of Thailand
  • Jatenergy - Australia
  • White Energy Company Limited
  • SMC Global Power, Philippines
  • UOB Asia (HK) Ltd
  • Agrawal Coal Company - India
  • Miang Besar Coal Terminal - Indonesia
  • Indian School of Mines
  • Leighton Contractors Pty Ltd - Australia
  • ASAPP Information Group - India
  • Gupta Coal India Ltd
  • NTPC Limited - India
  • PetroVietnam Power Coal Import and Supply Company
  • Vitol - Bahrain
  • Bhatia International Limited - India
  • Altura Mining Limited, Indonesia
  • Mintek Dendrill Indonesia
  • Bangladesh Power Developement Board
  • TGV SRAAC LIMITED, India
  • Bahari Cakrawala Sebuku - Indonesia
  • CCIC - Indonesia
  • Thermax Limited - India
  • Credit Suisse - India
  • South Luzon Thermal Energy Corporation
  • ICICI Bank Limited - India
  • Manunggal Multi Energi - Indonesia
  • Samtan Co., Ltd - South Korea
  • Star Paper Mills Limited - India
  • Salva Resources Pvt Ltd - India
  • Vedanta Resources Plc - India
  • Barasentosa Lestari - Indonesia
  • Bank of Tokyo Mitsubishi UFJ Ltd
  • Neyveli Lignite Corporation Ltd, - India
  • Ambuja Cements Ltd - India
  • Standard Chartered Bank - UAE
  • Bharathi Cement Corporation - India
  • Parry Sugars Refinery, India
  • Orica Mining Services - Indonesia
  • Sical Logistics Limited - India
  • Karaikal Port Pvt Ltd - India
  • Energy Link Ltd, New Zealand
  • Central Electricity Authority - India
  • Madhucon Powers Ltd - India
  • SMG Consultants - Indonesia
  • KPCL - India
  • SUEK AG - Indonesia
  • Dong Bac Coal Mineral Investment Coporation - Vietnam
  • Filglen & Citicon Mining (HK) Ltd - Hong Kong
  • Maersk Broker
  • Metalloyd Limited - United Kingdom
  • Humpuss - Indonesia
  • Malabar Cements Ltd - India
  • New Zealand Coal & Carbon
  • Aditya Birla Group - India
  • Bayan Resources Tbk. - Indonesia
  • World Bank
  • Chamber of Mines of South Africa
  • Economic Council, Georgia
  • Indo Tambangraya Megah - Indonesia
  • KEPCO - South Korea
  • Cement Manufacturers Association - India
  • The Treasury - Australian Government
  • Bank of China, Malaysia
  • Commonwealth Bank - Australia
  • IHS Mccloskey Coal Group - USA
  • Maruti Cements - India
  • Africa Commodities Group - South Africa
  • Central Java Power - Indonesia
  • Kumho Petrochemical, South Korea
  • Noble Europe Ltd - UK
  • Goldman Sachs - Singapore
  • OCBC - Singapore
  • Mitsubishi Corporation
  • McConnell Dowell - Australia
  • Pinang Coal Indonesia
  • Gujarat Mineral Development Corp Ltd - India
  • Wilmar Investment Holdings
  • Bukit Baiduri Energy - Indonesia
  • Cosco
  • TeaM Sual Corporation - Philippines
  • Dr Ramakrishna Prasad Power Pvt Ltd - India
  • BRS Brokers - Singapore
  • PLN Batubara - Indonesia
  • Sarangani Energy Corporation, Philippines
  • TNB Fuel Sdn Bhd - Malaysia
  • Platou - Singapore
  • globalCOAL - UK
  • WorleyParsons
  • Ince & co LLP
  • GAC Shipping (India) Pvt Ltd
  • Grasim Industreis Ltd - India
  • Cigading International Bulk Terminal - Indonesia
  • Total Coal South Africa
  • Global Business Power Corporation, Philippines
  • Indorama - Singapore
  • Planning Commission, India
  • Indogreen Group - Indonesia
  • Peabody Energy - USA
  • Directorate General of MIneral and Coal - Indonesia
  • KPMG - USA
  • TNPL - India
  • Sree Jayajothi Cements Limited - India
  • GVK Power & Infra Limited - India
  • Antam Resourcindo - Indonesia
  • SASOL - South Africa
  • Argus Media - Singapore
  • Cargill India Pvt Ltd
  • Petrochimia International Co. Ltd.- Taiwan
  • Shree Cement - India
  • Qatrana Cement - Jordan
  • The University of Queensland
  • Cemex - Philippines
  • Global Green Power PLC Corporation, Philippines
  • Petrosea - Indonesia
  • Ministry of Finance - Indonesia
  • Edison Trading Spa - Italy
  • Minerals Council of Australia
  • Kobe Steel Ltd - Japan
  • bp singapore
  • Bangkok Bank PCL
  • CNBM International Corporation - China
  • LBH Netherlands Bv - Netherlands
  • PNOC Exploration Corporation - Philippines
  • Gresik Semen - Indonesia
  • Sindya Power Generating Company Private Ltd
  • Thai Mozambique Logistica
  • International Coal Ventures Pvt Ltd - India
  • Petron Corporation, Philippines
  • Enel Italy
  • Sakthi Sugars Limited - India
  • Adaro Indonesia
  • Xindia Steels Limited - India
  • ACC Limited - India
  • Dalmia Cement Bharat India
  • Indonesian Coal Mining Association
  • Oldendorff Carriers - Singapore
  • Simpson Spence & Young - Indonesia
  • Ministry of Transport, Egypt
  • Siam City Cement PLC, Thailand
  • Larsen & Toubro Limited - India
  • Globalindo Alam Lestari - Indonesia
  • Power Finance Corporation Ltd., India
  • Kobexindo Tractors - Indoneisa
  • GB Group - China
  • Pendopo Energi Batubara - Indonesia
  • GHCL Limited - India
  • GNFC Limited - India
  • Xstrata Coal
  • Renaissance Capital - South Africa
  • Deloitte Consulting - India
  • Cebu Energy, Philippines
  • Russian Coal LLC
  • Global Coal Blending Company Limited - Australia
  • Therma Luzon, Inc, Philippines
  • Tata Chemicals Ltd - India
  • European Bulk Services B.V. - Netherlands
  • Aboitiz Power Corporation - Philippines
  • Vizag Seaport Private Limited - India
  • GN Power Mariveles Coal Plant, Philippines
  • Panama Canal Authority
  • Freeport Indonesia
  • RBS Sempra - UK
  • IEA Clean Coal Centre - UK