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, 24 February 17
RUSSIAN OIL AND GAS WITHSTANDS OIL PRICE SHOCK - FITCH RATINGS
Fitch RatingsFitch Ratings says in a new report that the Russian oil and gas sector has withstood the oil price stock of 1H16. Key events of 2016 include record crude production levels, Rosneft's acquisition of Bashneft in October 2016 and subsequent privatisation, as well as Gazprom's record gas sales to Europe.

According to Fitch Ratings the completed EUR10.2bn sale of a 19.5% stake in Rosneft to Glencore and the Qatar Investment Authority (QIA) is an important milestone for the sector. The ownership structure of the joint venture appears transparent: Fitch understands the joint venture that holds the stake in Rosneft is owned in equal shares by Glencore and QIA. Fitch does not rate Rosneft and therefore does not have detailed information on the transaction, but information reviewed by Fitch to date has confirmed the shareholding structure and fully resolved the agency's other questions raised at the Oil & Gas conference: "The Time for Cautious Optimism in Moscow on 15 February 2017".

In September-October 2016, Russia increased oil production by some 500,000 barrels of oil equivalent to the record volume of 11.23 million barrels of oil equivalent (mmboepd), mainly due to the launch of and continuing ramp-up across several large greenfields. Following the OPEC deal at end-November 2016, Russia agreed to cut production by some 300mboepd, bringing the post-deal volumes to 10.9mmboepd.

Fitch Ratings further noted that, in 9M16, production from certain Russian oil brownfields increased and natural decline rates moderated, mainly on significantly higher production drilling volumes that some producers demonstrated. Brownfield taxation remains high - the mineral royalty (MET) and the export duty account for 50%-60% of a typical brownfield's revenue - limiting further brownfield production growth potential.

Most Fitch-rated Russian oil and gas companies are on Stable Outlook. The Stable Outlook is driven by our expectation of stable crude production volumes and improving upstream profitability on higher forecast oil prices. Unlike their western European peers, Russian oil and gas companies did not significantly reduce capex or headcount in 2016.

Falling oil prices and taxation changes lowered downstream profitability in 9M16, resulting in higher crude exports and a 20% reduction in fuel oil production. We forecast Russian downstream to continue performing at levels similar to or slightly better than those in 2016, said Fitch Ratings.

Due to competitive gas prices and cold weather, Gazprom posted record high gas sales in Europe in 2016, while its financial results suffered from falling average gas prices. We expect Gazprom's funds from operations (FFO) net leverage to increase to around 2x on high capex; nonetheless, the leverage remains within our rating guidance.


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

Recent News

Friday, 06 September 24
REBOUND IN OIL DEMAND COULD LIFT MARKET IN LATTER HALF OF 2024 - BIMCO
Supply/demand  Based on a strong second half demand, the supply/balance is forecast to strengthen in 2024 but weaken slightly in 2025 as n ...


Friday, 06 September 24
GLOBAL SEABORNE LNG TRADE HAS CONTINUED TO INCREASE LAST YEAR - BANCHERO COSTA
Global seaborne LNG trade has continued to increase last year, helped also by the events in Ukraine which forced Europe to diversify away from Russ ...


Wednesday, 28 August 24
SEABORNE COAL IMPORTS INTO INDIA INCREASED BY +9.9% Y-O-Y TO 146.6 MLN T - BANCHERO COSTA
Global coal trade has really picked up pace over the past year, and is now fully back to pre-Covid levels said Banchero Costa Research in its lates ...


Tuesday, 06 August 24
EXERCISE CAUTION WITH AMMONIA SWITCH - BALTIC EXCHANGE
A new study from the Massachusetts Institute of Technology (MIT) has thrown a spanner into the plan to transition ships from diesel fuel to ammonia ...


Friday, 02 August 24
ENERGY MARKET DEVELOPMENTS: COAL AND NATURAL GAS PRICES REACH RECORD HIGHS - WORLD BANK
The recent surge in natural gas and coal prices has been so swift that the main benchmarks were roughly three times higher in 2022Q2 compared to a ...


   1 2 3 4 5   
Showing 1 to 5 news of total 6871
News by Category
Popular News
 
Total Members : 28,617
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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