We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
Thursday, 28 July 16
FITCH RAISES CORPORATE OIL PRICE ASSUMPTION FOR 2016 TO USD42
 Fitch 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.
|
|
Monday, 08 August 16
THE TURKISH GOVERNMENT HAS IMPOSED A $15 A TON DUTY ON POWER PLANT COAL IMPORTS - MEDIA
COALspot.com: The Turkish government has imposed a US$15 per ton duty on thermal coal imports for use in its power sector.
According to media ...
Monday, 08 August 16
THE BALTIC EXCHANGE, TRACKING RATES FOR SHIPS CARRYING DRY BULK COMMODITIES SLIDE SLIGHTLY
COALspot.com: The Baltic Exchange, tracking rates for ships carrying dry bulk commodities slide slightly as Panamax and Supramax segments ending in ...
Monday, 08 August 16
ARE EXPENSES INCURRED DURING NEGOTIATION OF A PIRATE RANSOM RECOVERABLE IN GENERAL AVERAGE? - CLYDE&CO
KNOWLEDGE TO ELEVATE
Facts
The laden chemical tanker LONGCHAMP was transiting the Gulf of Aden on passage to Vietnam. The ship was subject t ...
Saturday, 06 August 16
DRY BULK SHIPPING CHARTER RATES TO RISE ON UNEXPECTED DEMAND GROWTH - DREWRY
Increasing trade and contracting supply will support a recovery in charter rates on major dry bulk shipping routes, with the prospect of China impo ...
Friday, 05 August 16
WEEKLY U.S. COAL OUTPUT TOTALED AN ESTIMATED 16.1 MMST IN THE WEEK ENDED JULY 30 - EIA
COALspot.com – U.S., the world’s second largest coal producers has produced approximately totalled an estimated 16.1 million short tons ...
|
|
|
Showing 2331 to 2335 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Thiess Contractors Indonesia
- Star Paper Mills Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Goldman Sachs - Singapore
- Cement Manufacturers Association - India
- SMG Consultants - Indonesia
- Jindal Steel & Power Ltd - India
- Xindia Steels Limited - India
- Gujarat Electricity Regulatory Commission - India
- Semirara Mining and Power Corporation, Philippines
- Siam City Cement PLC, Thailand
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- European Bulk Services B.V. - Netherlands
- Ambuja Cements Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- Sarangani Energy Corporation, Philippines
- ASAPP Information Group - India
- Electricity Generating Authority of Thailand
- Semirara Mining Corp, Philippines
- Global Business Power Corporation, Philippines
- Rashtriya Ispat Nigam Limited - India
- The University of Queensland
- Standard Chartered Bank - UAE
- Oldendorff Carriers - Singapore
- Binh Thuan Hamico - Vietnam
- Offshore Bulk Terminal Pte Ltd, Singapore
- Lanco Infratech Ltd - India
- Africa Commodities Group - South Africa
- Renaissance Capital - South Africa
- Medco Energi Mining Internasional
- Toyota Tsusho Corporation, Japan
- IHS Mccloskey Coal Group - USA
- PowerSource Philippines DevCo
- Baramulti Group, Indonesia
- Energy Link Ltd, New Zealand
- Billiton Holdings Pty Ltd - Australia
- Heidelberg Cement - Germany
- Wilmar Investment Holdings
- Indian Energy Exchange, India
- Cigading International Bulk Terminal - Indonesia
- Indogreen Group - Indonesia
- Central Electricity Authority - India
- Videocon Industries ltd - India
- Dalmia Cement Bharat India
- Maharashtra Electricity Regulatory Commission - India
- ICICI Bank Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Neyveli Lignite Corporation Ltd, - India
- Larsen & Toubro Limited - India
- Krishnapatnam Port Company Ltd. - India
- GN Power Mariveles Coal Plant, Philippines
- Latin American Coal - Colombia
- Malabar Cements Ltd - India
- Formosa Plastics Group - Taiwan
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- VISA Power Limited - India
- Bhatia International Limited - India
- Orica Mining Services - Indonesia
- Aditya Birla Group - India
- Wood Mackenzie - Singapore
- Grasim Industreis Ltd - India
- Manunggal Multi Energi - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Timah Investasi Mineral - Indoneisa
- New Zealand Coal & Carbon
- Altura Mining Limited, Indonesia
- Indika Energy - Indonesia
- London Commodity Brokers - England
- Australian Coal Association
- Jaiprakash Power Ventures ltd
- Sinarmas Energy and Mining - Indonesia
- Ministry of Transport, Egypt
- Karbindo Abesyapradhi - Indoneisa
- Attock Cement Pakistan Limited
- Uttam Galva Steels Limited - India
- Chettinad Cement Corporation Ltd - India
- San Jose City I Power Corp, Philippines
- McConnell Dowell - Australia
- GMR Energy Limited - India
- Australian Commodity Traders Exchange
- Gujarat Sidhee Cement - India
- Therma Luzon, Inc, Philippines
- Jorong Barutama Greston.PT - Indonesia
- Parry Sugars Refinery, India
- Carbofer General Trading SA - India
- Bhushan Steel Limited - India
- Central Java Power - Indonesia
- Karaikal Port Pvt Ltd - India
- India Bulls Power Limited - India
- Port Waratah Coal Services - Australia
- Vijayanagar Sugar Pvt Ltd - India
- Meenaskhi Energy Private Limited - India
- Bhoruka Overseas - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- IEA Clean Coal Centre - UK
- Salva Resources Pvt Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- Madhucon Powers Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- Bayan Resources Tbk. - Indonesia
- Indonesian Coal Mining Association
- Miang Besar Coal Terminal - Indonesia
- Planning Commission, India
- Mercuria Energy - Indonesia
- Ministry of Finance - Indonesia
- Orica Australia Pty. Ltd.
- Barasentosa Lestari - Indonesia
- Global Green Power PLC Corporation, Philippines
- Directorate Of Revenue Intelligence - India
- TNB Fuel Sdn Bhd - Malaysia
- Posco Energy - South Korea
- Tamil Nadu electricity Board
- Ceylon Electricity Board - Sri Lanka
- Singapore Mercantile Exchange
- Electricity Authority, New Zealand
- Kaltim Prima Coal - Indonesia
- The State Trading Corporation of India Ltd
- Bukit Makmur.PT - Indonesia
- Edison Trading Spa - Italy
- Indo Tambangraya Megah - Indonesia
- South Luzon Thermal Energy Corporation
- Sical Logistics Limited - India
- Bangladesh Power Developement Board
- Leighton Contractors Pty Ltd - Australia
- Kartika Selabumi Mining - Indonesia
- Marubeni Corporation - India
- PTC India Limited - India
- Coal and Oil Company - UAE
- Tata Chemicals Ltd - India
- Merrill Lynch Commodities Europe
- Eastern Energy - Thailand
- CIMB Investment Bank - Malaysia
- Bukit Baiduri Energy - Indonesia
- Coastal Gujarat Power Limited - India
- TeaM Sual Corporation - Philippines
- Samtan Co., Ltd - South Korea
- GVK Power & Infra Limited - India
- Riau Bara Harum - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Independent Power Producers Association of India
- Intertek Mineral Services - Indonesia
- Coalindo Energy - Indonesia
- Aboitiz Power Corporation - Philippines
- Economic Council, Georgia
- Essar Steel Hazira Ltd - India
- AsiaOL BioFuels Corp., Philippines
- Agrawal Coal Company - India
- Sakthi Sugars Limited - India
- Romanian Commodities Exchange
- Directorate General of MIneral and Coal - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Anglo American - United Kingdom
- Interocean Group of Companies - India
- Meralco Power Generation, Philippines
- Banpu Public Company Limited - Thailand
- Straits Asia Resources Limited - Singapore
- The Treasury - Australian Government
- Kepco SPC Power Corporation, Philippines
- Siam City Cement - Thailand
- Savvy Resources Ltd - HongKong
- Bukit Asam (Persero) Tbk - Indonesia
- Iligan Light & Power Inc, Philippines
- Kalimantan Lumbung Energi - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Simpson Spence & Young - Indonesia
- OPG Power Generation Pvt Ltd - India
- Kobexindo Tractors - Indoneisa
- Ind-Barath Power Infra Limited - India
- PNOC Exploration Corporation - Philippines
- MS Steel International - UAE
- Petron Corporation, Philippines
- Kumho Petrochemical, South Korea
- Sree Jayajothi Cements Limited - India
- Rio Tinto Coal - Australia
- Eastern Coal Council - USA
- Sojitz Corporation - Japan
- Power Finance Corporation Ltd., India
- Makarim & Taira - Indonesia
- Parliament of New Zealand
- CNBM International Corporation - China
- Asmin Koalindo Tuhup - Indonesia
- Bulk Trading Sa - Switzerland
- LBH Netherlands Bv - Netherlands
- Georgia Ports Authority, United States
- Sindya Power Generating Company Private Ltd
- Mjunction Services Limited - India
- Deloitte Consulting - India
- SN Aboitiz Power Inc, Philippines
- Commonwealth Bank - Australia
- Vedanta Resources Plc - India
- International Coal Ventures Pvt Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Metalloyd Limited - United Kingdom
- Chamber of Mines of South Africa
- Vizag Seaport Private Limited - India
- Ministry of Mines - Canada
- GAC Shipping (India) Pvt Ltd
- Mintek Dendrill Indonesia
- Alfred C Toepfer International GmbH - Germany
- Pendopo Energi Batubara - Indonesia
- Trasteel International SA, Italy
- Antam Resourcindo - Indonesia
- Minerals Council of Australia
- Thai Mozambique Logistica
- SMC Global Power, Philippines
- Globalindo Alam Lestari - Indonesia
- Kideco Jaya Agung - Indonesia
- Maheswari Brothers Coal Limited - India
- Mercator Lines Limited - India
- White Energy Company Limited
- Energy Development Corp, Philippines
- Indian Oil Corporation Limited
- Borneo Indobara - Indonesia
- Price Waterhouse Coopers - Russia
- Bharathi Cement Corporation - India
- Global Coal Blending Company Limited - Australia
- Petrochimia International Co. Ltd.- Taiwan
|
| |
| |
|
