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
Friday, 31 July 15
CHINA'S NEW OIL IMPORT RULES HAVE MINIMAL IMPACT ON STATUS QUO - FITCH
Fitch RatingFitch Ratings says that China's looser criteria for crude oil import rights are a positive but modest step towards encouraging private-sector participation in the country's refining industry.  The rating agency believes the established state-owned players will maintain their dominant market position in the country's oil and gas sector in the near to mediumn term.

China's Ministry of Commerce announced on 23 July that refiners or petrochemicaln companies that have at least one crude distillation unit with minimum yearly processing capacity of 2 million tonnes, oil storage capacity of 300,000 tonnes, and an available credit line of USD1bn from commercial banks, among other criteria, would be eligible to apply for a licence to import crude oil. Previously, the criteria included two years' experience in importing oil, which effectively ruled out many private refiners.

Fitch views this as only an initial step towards increasing private-sector participation in a market that has been dominated by state-owned enterprises (SOEs). Independent refiners' profitability could be enhanced, as those with an import license will be able to source for crude oil from more than just the country's current five designated importers, which include the three biggest oil and gas SOEs.

This latest change and the liberalisation of oil product prices that was effective September 2013 will encourage the upgrading or phasing-out of inefficient, small-scale facilities.

The incentives for private-sector companies to expand in China's refining industry, though, remain limited by regulation of oil product exports, domestic product price controls (albeit loosened), and limited domestic marketing channels. The slower demand growth in the near term and refining overcapacity, especially for diesel, would also reduce the benefits from the new rules.

The Big Three oil and gas SOEs - China National Petroleum Corporation (CNPC,A+/Stable), China Petroleum & Chemical Corporation (Sinopec, A+/Stable) and CNOOC Limited (A+/Stable) - account for over 70% of the country's refining capacity. Fitch does not expect the three companies' strong market positions and strategic importance to the state to be eroded in the foreseeable future, although their oil trading profits may be modestly trimmed. The new rules mark a continuation of the government's push for more private-sector participation in the oil and gas sector, in the same vein as Sinopec's sale of part of its marketing unit in 2014 and CNPC's disposal of some of its pipeline assets in 2013.


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

Recent News

Tuesday, 28 July 15
INDONESIA DELAYS PLAN TO RAISE COAL ROYALTIES AMID PLUNGING PRICE - JP
The government will postpone a plan to increase royalty payments from coal miners as they are already burdened with the commodity’s plunging ...


Tuesday, 28 July 15
API 5 FOB NEWCASTLE COAL SWAP LOST M-M AND GAINED W-W
COALspot.com: API 5 FOB Newcastle Coal swap for Q3’ 2015 delivery down $ 1.15 per MT (-2.51%) month over month to US$ 44.62 per mt. The swap ...


Monday, 27 July 15
KOMIPO INVITES BIDS FOR TOTAL 545,000 MT OF COAL FOR BORYEONG POWER PLANT
COALspot.com: South Korean state-owned utility Korea Midland Power (KOMIPO) issued an new tender to purchase total 545,000 Metric Tons (MT) of coal ...


Monday, 27 July 15
CFR SOUTH CHINA COAL SWAP WEAK M/M; FIRM W/W
COALspot.com: API 8 CFR South China Coal swap for Q3’ 2015 delivery declined US$ 0.92 (1.77%) per MT month over month. A commodity swap ...


Sunday, 26 July 15
INDO-INDIA OCEAN COAL FREIGHT RATES REMAIN STEADY
COALspot.com: The freight market continued lost steam towards end of the week and all indices were showing downward trend. The BDI was up by 3 ...


   579 580 581 582 583   
Showing 2901 to 2905 news of total 6871
News by Category
Popular News
 
Total Members : 28,620
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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