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
Tuesday, 03 October 17
ALLIED MARKET ANALYSIS
AlliedIt seems as though the future of the oil trade was once again put into the spotlight, as the Asia Pacific Petroleum Conference took place last week in Singapore. Being arguably one of the industry’s largest gatherings of traders and oil executives, many were anticipating a highly optimistic environment to be seen in the different discussions, as crude oil prices reached their highest level in two years on the very opening day of the conference, said George Lazaridis Head of Market Research & Asset Valuations of Allied Shipping in his latest weekly report.

According to George Lazaridis, many would agree that crude oil demand is steaming ahead at a rate much higher then what we have seen during the past two years, while with all this fresh demand, the excess supply glut that has overshadowed the market seems to be gradually dealt with. There were however those that still voiced concern, as to the long-term prospects of the industry, given that OECD countries seem to have already gone through their peak demand levels, while focus is constantly put towards a move away from energy sourced by fossil fuels and higher efficiency in energy consumption.

The main highlight however had more to do with the potential shifts in trade patterns, with the focus of the discussions being placed on the future of Chinese independent refineries. He further said, the China has already taken center stage in the crude oil market, having overtaken the U.S. as the world’s top crude oil importer. Its importance has been continually highlighted by the support and boost its import volumes have given the freight market of crude oil tankers, while it still holds the largest potential source for growth in demand, still playing a catch-up game with the West in terms of oil consumption per capita. At the same time, private refineries in China, often referred to as “teapot refiners”, have performed well, with their production levels having gradually intensified and now account for around a quarter of China’s total refining capacity. This has been despite the intense competition from the state-owned behemoths and the great challenges they have faced in terms of infrastructure issues, intense oversight by the government and limitations in the granting of fuel export licenses.

George Lazaridis of Allied further noted that, the most of these refineries operate in Shandong province and have relatively small refining capacity. This stellar performance has been the main driver in the renewed efforts being placed by private investors for a considerable expansion in the countries private refining capacity through the construction of a new generation of plants in Zhejiang and Liaoning provinces that will match in size some of the world’s largest refining facilities. One of these plants is being built on Zhoushan Island in Zhejiang province and is expected to have a refining capacity of 20 million metric tons a year when it is completed next year, while the plan is to double this figure by 2020.

This move would make it one of the biggest plants in the region matching facilities in Singapore, South Korea and India. Given that these new independent refineries would be well placed close to deep-water ports, they would attract considerable attention from a large number of oil producers and traders, likely boosting the VLCC Far Eastern trade. This gives, in theory, the crude oil carrier a new lease of life, promoting the trade of crude oil feedstock into China rather than refined oil products and petrochemicals.

There is a catch however, as around the same time that these new independent oil refiners come online, other refineries from oil producing nations such as Saudi Arabia’s Jazan project, Malaysia’s Rapid and Brunei’s Hengyi are expected to start operating, adding to the intense competition these Chinese newcomers will have to face, along with the excess capacity the sector as a whole still has to deal with George Lazaridis concluded in his report.


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

Recent News

Wednesday, 27 December 17
SULPHUR EMISSIONS: THE OUTSTANDING CHALLENGES - UK P&I CLUB
The International Maritime Organization (IMO) has been working to reduce the harmful impacts of shipping on the environment. It adopted Annex ...


Friday, 22 December 17
COAL INDIA BOARD CLEARS THE WAY FOR SCHEME FOR HARNESSING AND ALLOCATING KOYALA (COAL) TRANSPARENTLY IN INDIA - PIB
The Coal India Limited (CIL) Board cleared the decks for signing of Fuel Supply Agreement (FSA), for supply of coal. According to Press Inform ...


Friday, 22 December 17
WILL THE DRY BULK INDUSTRY BECOME PROFITABLE IN 2018? - PETER SAND, BIMCO
As the dry bulk fleet is already expected to grow at a pace that matches demand growth expected in 2019, focus must be on improving the fundamental ...


Friday, 22 December 17
ESTIMATED U.S. WEEKLY COAL OUTPUT SLIPS SLIGHTLY - EIA
COALspot.com – U.S., the world’s second largest coal producers have produced approximately totaled an estimated 15.2 million short tons ...


Thursday, 21 December 17
COAL CONSUMPTION DROPS AS GAS AND RENEWABLES CHEW INTO TRADITIONAL MARKETS - BABS MCHUGH
"The share of coal in the global energy mix is forecast to decline from 27 per cent last year to 26 per cent in 2022" Global demand ...


   367 368 369 370 371   
Showing 1841 to 1845 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 ...

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