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

Wednesday, 22 July 09
ONE TENDERS FOR 114,000 MT FOR NOV-JAN
Moroccan state-owned power utility Office National de l’Electricité (ONE) has launched a tender for three handymax shipments of coal fo ...


Wednesday, 22 July 09
TAIPOWER RECEIVES 37 OFFERS IN TENDERS
State utility Taiwan Power has received offers for 37 panamax cargoes of bituminous and sub-bituminous coal in two tenders involving 12 panamax ship ...


Wednesday, 22 July 09
PRIME MINISTER APPROVAL SOUGHT TO HIKE COAL PRICES IN INDIA
PTI reported that decrying the low prices of the industrial fuel, the coal ministry will approach Dr Manmohan Singh PM of India next month for raisi ...


Tuesday, 21 July 09
BHATIA SAYS GETS ORDER FOR 800,000T COAL FROM KPCL
Reuters reported that, Indian traders Bhatia received on Tuesday a purchase order for 800,000 tonnes thermal coal at $63.00 C&F from Karnataka P ...


Tuesday, 21 July 09
NZ'S PIKE RIVER SAYS SELLS COAL AT $128 PER TONNE
Reuters reported that,  New Zealand miner Pike River Coal said on Tuesday it had sold its premium hard coking coal at $128 a tonne for the curr ...


   1314 1315 1316 1317 1318   
Showing 6576 to 6580 news of total 6871
News by Category
Popular News
 
Total Members : 28,706
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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