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Thursday, 01 December 16
CHINA 2017 OIL, GAS OUTPUT DROP MAY WORSEN ON CAPEX CUT: FITCH
 China's oil and gas production may shrink even more in 2017 than in 2016 after the country's leading oil companies cut exploration and production capex (E&P) in 2015 and 2016 due to persistently low crude-oil prices, Fitch Ratings says in an Outlook report.
Fitch believes upstream production shrinkage could be steeper in 2017 than our forecast of a 6%-8% fall in 2016. The Big-Three national oil companies - China National Petroleum Corporation , China Petroleum & Chemical Corporation (Sinopec) (A+/Stable) and CNOOC Limited (A+/Stable) - may also revise down their reserves further.
Fitch believes Chinese oil & gas companies' ability to significantly improve free cash flow will be limited in 2017 - despite stabilising oil prices - in light of reinvestment needs aimed at reserve replacements, and at Fitch's assumption of an average oil price of USD45 per barrel in 2017. Falling domestic production can, however, further narrow the gap between the benchmark Brent price and the oil companies' realised oil prices; that gap had widened significantly in 2016, and materially affected their cash generation.
Margins for refining and chemical operations in 2017 are also likely to narrow, especially with oil prices having rebounded slightly since 2H16, though these sectors are likely to be more profitable than E&P for integrated companies, such as Sinopec and CNPC/PetroChina, at the assumed oil-price level.
Oilfield-services companies are likely to see an increase in domestic project volumes in 2017, though rates are unlikely to recover significantly; independents will be further plagued by prolonged receivable turnover.
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Wednesday, 12 June 24
CHINA ACCOUNTS FOR 16.3% OF AUSTRALIA'S COAL EXPORTS, FOLLOWED BY INDIA 14.4% - BANCHERO COSTA
Global coal trade has really picked up pace in recent months, and is now fully back to pre-Covid levels says Banchero Costa in its latest report.
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Wednesday, 12 June 24
LNG NEWBUILDING VALUES AT RECORD HIGH: 78 NEWBUILD ORDERS PLACED IN 2024, DOUBLING 2023 - VESON NAUTICAL
The number of LNG newbuilding orders have more than doubled from the same period last year where 34 orders were placed, compared to 78 in the first ...
Monday, 10 June 24
CHINA'S MAY COAL IMPORTS RISE 11% ON LOWER DOMESTIC OUTPUT - REUTERS
China’s imports of coal rose 11% in May from a year earlier, customs data and Reuters records showed on Friday, as lower domestic output this ...
Tuesday, 04 June 24
HOW DO WESTERN SANCTIONS ON RUSSIA IMPACT THE GLOBAL METALS, MINING AND COAL MARKETS - WOOD MACKENZIE
The geopolitical landscape for Russia, as a major supplier of various commodities, has undergone a dramatic transformation since the invasion of Uk ...
Friday, 22 March 24
CASE STUDY: DANGERS OF COAL CARGO - SKULD
Recently, a bulk cargo vessel carrying coal from South Africa to Singapore suffered a fatal accident, resulting in the deaths of three crew members ...
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Showing 21 to 25 news of total 6871 |
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- Leighton Contractors Pty Ltd - Australia
- Jorong Barutama Greston.PT - Indonesia
- Larsen & Toubro Limited - India
- Sarangani Energy Corporation, Philippines
- ASAPP Information Group - India
- PTC India Limited - India
- Bukit Makmur.PT - Indonesia
- Altura Mining Limited, Indonesia
- Trasteel International SA, Italy
- Standard Chartered Bank - UAE
- PetroVietnam Power Coal Import and Supply Company
- Maheswari Brothers Coal Limited - India
- Kartika Selabumi Mining - Indonesia
- Goldman Sachs - Singapore
- Riau Bara Harum - Indonesia
- Global Coal Blending Company Limited - Australia
- South Luzon Thermal Energy Corporation
- Banpu Public Company Limited - Thailand
- Simpson Spence & Young - Indonesia
- Georgia Ports Authority, United States
- Bharathi Cement Corporation - India
- Sree Jayajothi Cements Limited - India
- CIMB Investment Bank - Malaysia
- Electricity Authority, New Zealand
- New Zealand Coal & Carbon
- Neyveli Lignite Corporation Ltd, - India
- Kapuas Tunggal Persada - Indonesia
- Interocean Group of Companies - India
- Kumho Petrochemical, South Korea
- Global Business Power Corporation, Philippines
- GMR Energy Limited - India
- Lanco Infratech Ltd - India
- Ind-Barath Power Infra Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Independent Power Producers Association of India
- Semirara Mining and Power Corporation, Philippines
- Kalimantan Lumbung Energi - Indonesia
- Electricity Generating Authority of Thailand
- Baramulti Group, Indonesia
- Samtan Co., Ltd - South Korea
- Petron Corporation, Philippines
- London Commodity Brokers - England
- Semirara Mining Corp, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Singapore Mercantile Exchange
- Gujarat Mineral Development Corp Ltd - India
- Ambuja Cements Ltd - India
- Energy Link Ltd, New Zealand
- Orica Australia Pty. Ltd.
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- India Bulls Power Limited - India
- Attock Cement Pakistan Limited
- Videocon Industries ltd - India
- Billiton Holdings Pty Ltd - Australia
- PowerSource Philippines DevCo
- The Treasury - Australian Government
- Bayan Resources Tbk. - Indonesia
- Indian Energy Exchange, India
- Rashtriya Ispat Nigam Limited - India
- Mintek Dendrill Indonesia
- Directorate Of Revenue Intelligence - India
- Thai Mozambique Logistica
- Binh Thuan Hamico - Vietnam
- Barasentosa Lestari - Indonesia
- Heidelberg Cement - Germany
- Sojitz Corporation - Japan
- Star Paper Mills Limited - India
- Siam City Cement PLC, Thailand
- Wood Mackenzie - Singapore
- Mercuria Energy - Indonesia
- TeaM Sual Corporation - Philippines
- Kideco Jaya Agung - Indonesia
- Tamil Nadu electricity Board
- Indonesian Coal Mining Association
- Formosa Plastics Group - Taiwan
- Bhatia International Limited - India
- OPG Power Generation Pvt Ltd - India
- Romanian Commodities Exchange
- Holcim Trading Pte Ltd - Singapore
- Meenaskhi Energy Private Limited - India
- Alfred C Toepfer International GmbH - Germany
- Chamber of Mines of South Africa
- Coastal Gujarat Power Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- PNOC Exploration Corporation - Philippines
- Ceylon Electricity Board - Sri Lanka
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- GVK Power & Infra Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Bukit Baiduri Energy - Indonesia
- Rio Tinto Coal - Australia
- Energy Development Corp, Philippines
- Essar Steel Hazira Ltd - India
- Africa Commodities Group - South Africa
- Mjunction Services Limited - India
- Straits Asia Resources Limited - Singapore
- Thiess Contractors Indonesia
- Therma Luzon, Inc, Philippines
- Globalindo Alam Lestari - Indonesia
- Intertek Mineral Services - Indonesia
- Dalmia Cement Bharat India
- VISA Power Limited - India
- Grasim Industreis Ltd - India
- MS Steel International - UAE
- Coal and Oil Company - UAE
- Sakthi Sugars Limited - India
- Planning Commission, India
- Petrochimia International Co. Ltd.- Taiwan
- Eastern Energy - Thailand
- Borneo Indobara - Indonesia
- IHS Mccloskey Coal Group - USA
- Asmin Koalindo Tuhup - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- SMG Consultants - Indonesia
- Kaltim Prima Coal - Indonesia
- European Bulk Services B.V. - Netherlands
- Central Electricity Authority - India
- Bhoruka Overseas - Indonesia
- Uttam Galva Steels Limited - India
- Edison Trading Spa - Italy
- Jaiprakash Power Ventures ltd
- Bulk Trading Sa - Switzerland
- Ministry of Transport, Egypt
- CNBM International Corporation - China
- Gujarat Sidhee Cement - India
- Kobexindo Tractors - Indoneisa
- Timah Investasi Mineral - Indoneisa
- Vedanta Resources Plc - India
- Deloitte Consulting - India
- SN Aboitiz Power Inc, Philippines
- Carbofer General Trading SA - India
- SMC Global Power, Philippines
- AsiaOL BioFuels Corp., Philippines
- Kohat Cement Company Ltd. - Pakistan
- LBH Netherlands Bv - Netherlands
- Karbindo Abesyapradhi - Indoneisa
- Makarim & Taira - Indonesia
- Australian Commodity Traders Exchange
- Bhushan Steel Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Coalindo Energy - Indonesia
- Parry Sugars Refinery, India
- International Coal Ventures Pvt Ltd - India
- Central Java Power - Indonesia
- Iligan Light & Power Inc, Philippines
- Anglo American - United Kingdom
- San Jose City I Power Corp, Philippines
- Renaissance Capital - South Africa
- Eastern Coal Council - USA
- Marubeni Corporation - India
- Indogreen Group - Indonesia
- Orica Mining Services - Indonesia
- Posco Energy - South Korea
- White Energy Company Limited
- Vizag Seaport Private Limited - India
- Indo Tambangraya Megah - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Sinarmas Energy and Mining - Indonesia
- Commonwealth Bank - Australia
- Indian Oil Corporation Limited
- Salva Resources Pvt Ltd - India
- Medco Energi Mining Internasional
- Vijayanagar Sugar Pvt Ltd - India
- Meralco Power Generation, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- IEA Clean Coal Centre - UK
- Toyota Tsusho Corporation, Japan
- The University of Queensland
- Maharashtra Electricity Regulatory Commission - India
- Aditya Birla Group - India
- Jindal Steel & Power Ltd - India
- Metalloyd Limited - United Kingdom
- Price Waterhouse Coopers - Russia
- Antam Resourcindo - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Minerals Council of Australia
- Malabar Cements Ltd - India
- Xindia Steels Limited - India
- Cement Manufacturers Association - India
- Ministry of Mines - Canada
- Chettinad Cement Corporation Ltd - India
- Indika Energy - Indonesia
- Latin American Coal - Colombia
- Miang Besar Coal Terminal - Indonesia
- Savvy Resources Ltd - HongKong
- Oldendorff Carriers - Singapore
- Offshore Bulk Terminal Pte Ltd, Singapore
- Global Green Power PLC Corporation, Philippines
- The State Trading Corporation of India Ltd
- Bangladesh Power Developement Board
- Agrawal Coal Company - India
- Madhucon Powers Ltd - India
- Mercator Lines Limited - India
- Wilmar Investment Holdings
- Australian Coal Association
- Kepco SPC Power Corporation, Philippines
- Cigading International Bulk Terminal - Indonesia
- Power Finance Corporation Ltd., India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Aboitiz Power Corporation - Philippines
- Siam City Cement - Thailand
- Ministry of Finance - Indonesia
- ICICI Bank Limited - India
- Sindya Power Generating Company Private Ltd
- Pendopo Energi Batubara - Indonesia
- Manunggal Multi Energi - Indonesia
- McConnell Dowell - Australia
- GAC Shipping (India) Pvt Ltd
- Tata Chemicals Ltd - India
- Merrill Lynch Commodities Europe
- Economic Council, Georgia
- Parliament of New Zealand
- Sical Logistics Limited - India
- Karaikal Port Pvt Ltd - India
- Port Waratah Coal Services - Australia
- Gujarat Electricity Regulatory Commission - India
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