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, 08 June 09
PRIVATE COAL MINERS LIKELY TO LAND COMMERCIAL LICENSE - ECONOMIC TIMES
Economic Times of India reported that, The government may allow commercial coal mining by private companies as it looks to plug the demand-supply ga ...


Monday, 08 June 09
SAN MIGUEL EYES LOCAL MINING VENTURES - PHILIPPINE DAILY INQUIRER
Philippine Daily Inquirer reported that, Diversifying conglomerate San Miguel Corp.is making big plans for Philippine mining, seen as an industry th ...


Monday, 08 June 09
NAPOCOR BUYING COAL FOR PAGBILAO PLANT - PHILIPPINE DAILY INQUIRER
Philippine Daily Inquirer reported that, State-run National Power Corp. plans to buy 390,000 metric tons of steaming coal next month, to supply the ...


Sunday, 07 June 09
SEMIRARA SELLING COAL TO THAILAND - STEELGURU
Business Mirror reported that coal producer Semirara Mining Corporation has successfully entered the Thailand market during the Q1 of the year, help ...


Saturday, 06 June 09
IS THE RECESSION OVER ? - CAPT. REDDY, VISTAAR SHIPPING
COALspot.com (Singapore):  Is the recession over, that is what most analysts think and seems so from the Baltic Index rally and firm commodity ...


   1338 1339 1340 1341 1342   
Showing 6696 to 6700 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 ...

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