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Thursday, 10 August 17
GLOBAL COAL PRODUCTION FELL SIGNIFICANTLY IN 2016 - IEA
 COALspot.com: Global coal production fell significantly in 2016, while global trade in natural gas was up. These are two of the key messages in World Energy Balances, the IEA’s comprehensive picture of energy statistics. These data are drawn from official national data submissions to the IEA from around 150 countries and regions globally.
According to IEA, the coal production fell sharply in China in 2016 by around 320 million tonnes or 9% – a fall equal to more than the total production from South Africa, the world’s 5th largest coal exporter. Coal production also fell elsewhere, such as the US and Australia, leading to global output falling by 458 million tonnes.
One reason why production fell in China was lower demand, particularly for power generation, though China still uses half the world’s coal. Lower coal demand has also been seen across the OECD, specifically in the US and the UK. So globally, despite an increase in India, global coal consumption in 2016 fell by around 2% in energy terms.
The move away from coal generation is most clear within the OECD, where electricity generation from gas in 2016 was virtually equal to coal generation for the first time ever.
IEA further said, the greater demand for gas led to increases in trade, with growth in pipeline gas trade going into the OECD and LNG trade going to Asia.2 Together the increases saw total global gas imports increase by about 47 billion cubic meters (bcm) in 2016 – around 4.5% higher than 2015.
Alongside the growth in gas generation, 2016 also saw the continued increase of renewable generation across the OECD and in countries like China. In the OECD, renewables generation grew by 3.8% to account for 23.8% of all electricity generated, its highest share to date. The growth was largely driven by wind and solar PV, which saw annual average growth rates of 21% and 43% between 2000 and 2016.
Looking at United States production, IEA said, one of the consequences of lower production of coal, oil and gas in 2016 is that OECD Americas dropped just below 100% energy self-sufficient after reaching the level in 2015. However, also visible is the steady increase in OECD Asia Oceania’s self-sufficiency ratio, which is now broadly equivalent to that of OECD Europe, driven in large part by increased production in Australia.
Shares of fuels in global energy demand changed little from 2014 to 2015. In fact, aside from oil and gas, which have changed their shares significantly over the past forty years, the overall shares of fuels in global energy demand have changed little since 1971. Oil remains the most used fuel, mainly for transport, followed by coal, mainly for electricity generation.
Likewise the share of energy use across the world was similar in 2015 to 2014, but the past 40 odd years have witnessed a significant change: Non-OECD Asia is now virtually matched with the OECD as the leading energy consumer.
Detailed data on consumption are more complex for countries to collect and as such comprehensive data at the global level are only available to 2015. Yet these show that between 1971 and 2015, total final consumption (TFC) more than doubled. However, the sectoral share of energy use did not change significantly, with the exception of energy use in transport which increased from 23% of TFC in 1971 to 29% in 2015.
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Tuesday, 17 October 17
SULPHUR 2020: COMING, READY OR NOT - ALIBRA SHIPPING
Some 70% of shipping companies surveyed say they do not believe the industry is ready for IMO’s 2020 deadline, when a global limit of 0.5% su ...
Tuesday, 17 October 17
U.S RECORD EXPORTS OIL TO EAST HAS HELPED THE TANKER TRADE - GEORGE LAZARIDIS
There was a flood of fresh news this week which clouded the overall prospects of the crude oil market. Just one week prior Saudi Arabia and Russia, ...
Monday, 16 October 17
INDONESIA TO INDIA COAL FREIGHT RATES STAY FIRM
COALspot.com: The daily average earnings for Supramax, for the route Indonesia to India passing through Singapore has stayed firm, week over week, ...
Friday, 13 October 17
INDIKA ENERGY SIGNS SHARE PURCHASE AGREEMENTS FOR AN ADDITIONAL 45% STAKE IN KIDECO
PT Indika Energy Tbk. and its wholly-owned subsidiary PT Indika Inti Corpindo (collectively, “Indika Energy”) has entered into separate ...
Friday, 13 October 17
THE SHORT-TERM OUTLOOK FOR THE PANAMAX MARKET REMAIN POSITIVE - FEARNLEYS
Supramax
The market has picked up strongly since last week with the Chinese holidays. In the Pacific rates are increasing with some strong number ...
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Showing 1911 to 1915 news of total 6871 |
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- McConnell Dowell - Australia
- Holcim Trading Pte Ltd - Singapore
- Barasentosa Lestari - Indonesia
- Bukit Baiduri Energy - Indonesia
- Vedanta Resources Plc - India
- PNOC Exploration Corporation - Philippines
- Kumho Petrochemical, South Korea
- Posco Energy - South Korea
- GN Power Mariveles Coal Plant, Philippines
- Bharathi Cement Corporation - India
- Bukit Asam (Persero) Tbk - Indonesia
- Power Finance Corporation Ltd., India
- SN Aboitiz Power Inc, Philippines
- Indogreen Group - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Semirara Mining and Power Corporation, Philippines
- Timah Investasi Mineral - Indoneisa
- South Luzon Thermal Energy Corporation
- GMR Energy Limited - India
- Cement Manufacturers Association - India
- MS Steel International - UAE
- Tata Chemicals Ltd - India
- Mercator Lines Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Trasteel International SA, Italy
- Ministry of Mines - Canada
- Globalindo Alam Lestari - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- India Bulls Power Limited - India
- Marubeni Corporation - India
- Indian Energy Exchange, India
- Central Electricity Authority - India
- Tamil Nadu electricity Board
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Bangladesh Power Developement Board
- Xindia Steels Limited - India
- Meralco Power Generation, Philippines
- Binh Thuan Hamico - Vietnam
- Formosa Plastics Group - Taiwan
- Orica Mining Services - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Krishnapatnam Port Company Ltd. - India
- Australian Commodity Traders Exchange
- Kohat Cement Company Ltd. - Pakistan
- IEA Clean Coal Centre - UK
- Goldman Sachs - Singapore
- Kobexindo Tractors - Indoneisa
- Commonwealth Bank - Australia
- VISA Power Limited - India
- Indo Tambangraya Megah - Indonesia
- Siam City Cement - Thailand
- Videocon Industries ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Iligan Light & Power Inc, Philippines
- Rashtriya Ispat Nigam Limited - India
- Chamber of Mines of South Africa
- Aboitiz Power Corporation - Philippines
- CNBM International Corporation - China
- Global Business Power Corporation, Philippines
- Medco Energi Mining Internasional
- Bahari Cakrawala Sebuku - Indonesia
- Sical Logistics Limited - India
- Kideco Jaya Agung - Indonesia
- San Jose City I Power Corp, Philippines
- Leighton Contractors Pty Ltd - Australia
- Metalloyd Limited - United Kingdom
- Thiess Contractors Indonesia
- Savvy Resources Ltd - HongKong
- Ambuja Cements Ltd - India
- Jaiprakash Power Ventures ltd
- ICICI Bank Limited - India
- Ministry of Transport, Egypt
- Straits Asia Resources Limited - Singapore
- Eastern Coal Council - USA
- Sarangani Energy Corporation, Philippines
- London Commodity Brokers - England
- Central Java Power - Indonesia
- Singapore Mercantile Exchange
- TNB Fuel Sdn Bhd - Malaysia
- Siam City Cement PLC, Thailand
- Essar Steel Hazira Ltd - India
- Sakthi Sugars Limited - India
- White Energy Company Limited
- Gujarat Electricity Regulatory Commission - India
- Sojitz Corporation - Japan
- Larsen & Toubro Limited - India
- TeaM Sual Corporation - Philippines
- Indika Energy - Indonesia
- Star Paper Mills Limited - India
- Rio Tinto Coal - Australia
- Minerals Council of Australia
- Miang Besar Coal Terminal - Indonesia
- Vizag Seaport Private Limited - India
- Lanco Infratech Ltd - India
- Deloitte Consulting - India
- Aditya Birla Group - India
- Coalindo Energy - Indonesia
- ASAPP Information Group - India
- Bhoruka Overseas - Indonesia
- Planning Commission, India
- Energy Development Corp, Philippines
- Makarim & Taira - Indonesia
- Madhucon Powers Ltd - India
- Sree Jayajothi Cements Limited - India
- The State Trading Corporation of India Ltd
- Manunggal Multi Energi - Indonesia
- Eastern Energy - Thailand
- Ceylon Electricity Board - Sri Lanka
- International Coal Ventures Pvt Ltd - India
- Bukit Makmur.PT - Indonesia
- Ministry of Finance - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Wilmar Investment Holdings
- Karbindo Abesyapradhi - Indoneisa
- Bank of Tokyo Mitsubishi UFJ Ltd
- Thai Mozambique Logistica
- Indian Oil Corporation Limited
- IHS Mccloskey Coal Group - USA
- Parliament of New Zealand
- Electricity Generating Authority of Thailand
- Offshore Bulk Terminal Pte Ltd, Singapore
- PTC India Limited - India
- Uttam Galva Steels Limited - India
- Altura Mining Limited, Indonesia
- Edison Trading Spa - Italy
- The Treasury - Australian Government
- Riau Bara Harum - Indonesia
- Attock Cement Pakistan Limited
- Neyveli Lignite Corporation Ltd, - India
- Mercuria Energy - Indonesia
- Borneo Indobara - Indonesia
- GAC Shipping (India) Pvt Ltd
- Romanian Commodities Exchange
- Africa Commodities Group - South Africa
- Coastal Gujarat Power Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Bhushan Steel Limited - India
- Jindal Steel & Power Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- Bayan Resources Tbk. - Indonesia
- Price Waterhouse Coopers - Russia
- Indonesian Coal Mining Association
- Interocean Group of Companies - India
- European Bulk Services B.V. - Netherlands
- Parry Sugars Refinery, India
- New Zealand Coal & Carbon
- GVK Power & Infra Limited - India
- CIMB Investment Bank - Malaysia
- LBH Netherlands Bv - Netherlands
- Georgia Ports Authority, United States
- Maharashtra Electricity Regulatory Commission - India
- SMG Consultants - Indonesia
- Dalmia Cement Bharat India
- Gujarat Mineral Development Corp Ltd - India
- Simpson Spence & Young - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Wood Mackenzie - Singapore
- OPG Power Generation Pvt Ltd - India
- Malabar Cements Ltd - India
- PowerSource Philippines DevCo
- Heidelberg Cement - Germany
- Banpu Public Company Limited - Thailand
- Ind-Barath Power Infra Limited - India
- Carbofer General Trading SA - India
- Kaltim Prima Coal - Indonesia
- Petron Corporation, Philippines
- The University of Queensland
- Global Green Power PLC Corporation, Philippines
- Coal and Oil Company - UAE
- Meenaskhi Energy Private Limited - India
- Anglo American - United Kingdom
- Kepco SPC Power Corporation, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Billiton Holdings Pty Ltd - Australia
- Energy Link Ltd, New Zealand
- Economic Council, Georgia
- Toyota Tsusho Corporation, Japan
- Sindya Power Generating Company Private Ltd
- Therma Luzon, Inc, Philippines
- Agrawal Coal Company - India
- Jorong Barutama Greston.PT - Indonesia
- Merrill Lynch Commodities Europe
- Directorate Of Revenue Intelligence - India
- Petrochimia International Co. Ltd.- Taiwan
- Cigading International Bulk Terminal - Indonesia
- Renaissance Capital - South Africa
- Grasim Industreis Ltd - India
- AsiaOL BioFuels Corp., Philippines
- SMC Global Power, Philippines
- Mintek Dendrill Indonesia
- Orica Australia Pty. Ltd.
- Baramulti Group, Indonesia
- Chettinad Cement Corporation Ltd - India
- Maheswari Brothers Coal Limited - India
- Independent Power Producers Association of India
- Bhatia International Limited - India
- Global Coal Blending Company Limited - Australia
- Semirara Mining Corp, Philippines
- Electricity Authority, New Zealand
- Pendopo Energi Batubara - Indonesia
- Gujarat Sidhee Cement - India
- Mjunction Services Limited - India
- Standard Chartered Bank - UAE
- Australian Coal Association
- Samtan Co., Ltd - South Korea
- Salva Resources Pvt Ltd - India
- Port Waratah Coal Services - Australia
- Karaikal Port Pvt Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- Bulk Trading Sa - Switzerland
- Asmin Koalindo Tuhup - Indonesia
- Intertek Mineral Services - Indonesia
- Oldendorff Carriers - Singapore
- Latin American Coal - Colombia
- Antam Resourcindo - Indonesia
- Kartika Selabumi Mining - Indonesia
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