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
Thursday, 28 July 16
FITCH RAISES CORPORATE OIL PRICE ASSUMPTION FOR 2016 TO USD42
Fitch RatingFitch Ratings has raised the 2016 oil price assumptions it uses when rating energy-sector corporates, but expects record high inventories to slow any further price increases.

We assume Brent and WTI will average USD42 a barrel in 2016, up from our USD35/bbl base case in February. The increase follows evidence that the market will come into balance in the second half of 2016, which has already been reflected in a year-to-date average price of USD41/40 for Brent/WTI.

However, we do not believe that the rapid price recovery seen in the first half of 2016 will continue. The sub-USD30 prices at the start of the year approached cash costs for many producers and were unsustainable in all but the very short term. Prices in the USD40-USD50 range allow most producers to break even on a cash basis, if not to cover sunk costs.

We believe that record high inventories - OECD stocks are still more than 10% higher than normal - and market expectations that US shale production will begin to rebound at prices above USD50, will keep prices below that level until a supply deficit has eroded some of the inventory overhang.

We have therefore left our 2017 and 2018 price assumptions unchanged at USD45 and USD55 respectively. Our long-term expectations for both Brent and WTI are unchanged at USD65, reflecting our view on the long-run marginal cost of supply.

Our natural gas expectations have also changed, with price assumptions for US Henry Hub rising and UK National Balancing Point (NBP) falling. In the US, the market has begun to work through the excess inventory build-up associated with last year's El Nino winter. Slower production growth in key shale plays has also helped. For NBP, increased US gas exports have contributed to a medium-term LNG glut, which we expect to put pressure on international spot prices.

Our Henry Hub price assumptions are USD2.35/mcf in 2016, rising to USD2.75 in 2017, USD3.00 in 2018 and USD3.25 in the long term. For NBP we assume a price of USD5.00/mcf for 2016, USD5.50 in 2017, USD6.00 in 2018 and USD6.50 in the long term.
Source: Fitch Ratings


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

Recent News

Thursday, 25 January 24
THE RED SEA ESCALATION IMPLICATIONS ON GLOBAL SEABORNE TRADE - MARIA BERTZELETOU
In recent days, discussions have intensified about the potential impact on the seaborne trade and ton-miles due to the evolving dynamics of market ...


Thursday, 25 January 24
RED SEA SHIPPING DISRUPTIONS KEEP GEOPOLITICAL PREMIUM FOR COMMODITIES - FITCH RATINGS
Shipping disruptions and re-routing away from the Red Sea will maintain the geopolitical premium in the main commodity markets, including for oil a ...


Friday, 19 January 24
INDONESIA TARGETS 710 MLN METRIC TONS COAL OUTPUT IN 2024 AFTER RECORD 2023 - REUTERS
Indonesia, a major thermal coal exporter, aims to produce 710 million metric tons of coal in 2024, its mining minister said on Monday, after postin ...


Friday, 19 January 24
DRUMMOND COLOMBIA COAL OUTPUT ROSE 7.1% IN 2023 - REUTERS
Coal production from miner Drummond’s Colombia operations rose 7.1% in 2023 to 29.5 million metric tons, while exports declined by 2.6% to 27 ...


Friday, 19 January 24
CHINA'S 2023 COAL OUTPUT HITS RECORD HIGH - REUTERS
China’s coal output reached a record high in 2023, data from the statistics bureau showed on Wednesday, amid an ongoing focus on energy secur ...


   9 10 11 12 13   
Showing 51 to 55 news of total 6871
News by Category
Popular News
 
Total Members : 28,704
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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