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
Wednesday, 23 November 16
MARKET INSIGHT - CHRISTOPHER THOMAS WHITTY
IntermodalThe Organization of the Petroleum Exporting Countries (OPEC) is due to finalize a reduction in total production at its next scheduled meeting in Vienna on 30th of November. There has been however a lot of skepticism over  whether OPEC will actually come to an agreement this time around seeing as a number of prior meetings have already proven to be unfruitful.

The 14-member group wants to limit output to around 32.5 million barrels per day (bpd) , compared with current levels closer to 34 million bpd,  in an attempt to revive prices which have decreased  ~42  percent over the last two years.

Of course, the main concern here is that the Saudis will have to shoulder the largest share of the cuts if that deal goes ahead and expects from other major oil producers within OPEC to actually commit to strict limitations on output. However, Saudi  Arabia appears to once again be confident that a deal can be reached in its next  ministerial meeting,  which will be held on November 30th.

Non-OPEC producer Russia  is supportive of this and several OPEC producers having signaled their willingness to  reach a mutually acceptable decision. It looks like Iran is still lukewarm, and Iraq maintains that it should be exempt from a deal because of its fight with Islamic State militants.

There’s now a new consideration for the OPEC producers, which is of course Trump’s victory in the U.S. presidential election. The president-elect has targeted OPEC frequently during his campaign, accusing it of holding the U.S. hostage and threatening to block all imports from OPEC members like Saudi  Arabia.

Donald Trump  commented in March of this year that his “number-one priority is to dismantle the disastrous deal with Iran” and has threatened during the presidential campaign to rip up the deal Iran reached with international negotiators last year to limit its nuclear program in exchange for sanctions relief. Although Trump is unlikely to significantly change it without  European  cooperation,  his rhetoric could potentially slow investment going into Iran, a large OPEC oil producer.

Dollar-denominated crude oil prices have been under pressure since Trump’s win U.S. crude oil futures fell as much as 4 percent immediately following Trump’s surprise win to a two-month low near $43 a barrel.

In any case however, Trump will probably not be able to make good on his energy in dependence promise anytime soon, if at all. The U.S. produces almost 4.5m barrels a day from shale and a little more of conventional oil. It still imports more than 7m barrels a day. A president’s power to  sway the market, especially one as complex and interconnected  as oil, is relatively limited. 


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

Recent News

Thursday, 15 September 16
CAPESIZE: LAST WEEK ENDED ON A VERY STRONG NOTE MAINLY DRIVEN BY A ACTIVE BRAZIL MARKET - FEARNLYS
Supramax With holidays in the eastern hemisphere beginning this week, the sentiment and activity level has been decreasing. In the Pacific, ...


Wednesday, 14 September 16
THE DRY BULK MARKET REACHED LEVELS LAST SEEN BACK IN 2015 - INTERMODAL
In an earlier column we commented that we are undergoing “shipping’s new (ab)normal” with constrained financing, shift in demand ...


Wednesday, 14 September 16
THE PORT OF NEWCASTLE SHIPPED 12.48 MMT OF COAL IN AUGUST; AVERAGE SELLING PRICE WAS $AU 83.33
COALspot.com: The Port of Newcastle, Australia’s major trading ports and the world’s largest coal export port has shipped $AU $1,040.4 ...


Tuesday, 13 September 16
CAPESIZE: BIG STRENGTH SEEN IN THE MARKET THIS WEEK - ALLIED
Capesize - Big strength seen in the market this week, with an upbeat in sentiment amongst owners helping pull up rates fairly quickly and many hold ...


Monday, 12 September 16
THE CAPE MARKET HAS GAINS ON WEEK; THE CAPE INDEX SETTLING AT 1566 POINTS ON FRIDAY
COALspot.com: The Baltic Exchange, tracking rates for ships carrying dry bulk commodities rose and ending in a positive note this past week. The BD ...


   456 457 458 459 460   
Showing 2286 to 2290 news of total 6871
News by Category
Popular News
 
Total Members : 28,694
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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