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Wednesday, 28 March 18
RIO TINTO TO SELL KESTREL MINE FOR $2.25 BILLION - REUTERS
 Rio Tinto sold its remaining coal asset Kestrel in Australia to private equity manager EMR Capital and Indonesia’s Adaro Energy Tbk for $2.25 billion, the major said on Tuesday, making good on a pledge to exit the fuel.
As reported by Reuters, the sale is Rio’s third coal deal this month. In total, the assets have raised $4.15 billion, which it said would be used for “general corporate purposes”.
Reuters further noted that, CEO Jean-Sebastien Jacques said in a statement the latest sale, combined with Glencore’s (GLEN.L) purchase of Hail Creek mine and the divestment of undeveloped coal projects would make Rio’s portfolio stronger and more focused.
Tuesday’s deal to sell Rio’s 80 percent stake in the underground coal mine in Queensland, Australia, is subject to regulatory approvals and is expected to be completed in the second half of 2018. Rio’s share price was up 2.1 percent by 1400 GMT, roughly in line with the broader index.
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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 ...
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- Orica Australia Pty. Ltd.
- Indian Energy Exchange, India
- Borneo Indobara - Indonesia
- Directorate Of Revenue Intelligence - India
- Aboitiz Power Corporation - Philippines
- Agrawal Coal Company - India
- Heidelberg Cement - Germany
- Global Coal Blending Company Limited - Australia
- San Jose City I Power Corp, Philippines
- Uttam Galva Steels Limited - India
- Binh Thuan Hamico - Vietnam
- The Treasury - Australian Government
- Global Green Power PLC Corporation, Philippines
- Kobexindo Tractors - Indoneisa
- TNB Fuel Sdn Bhd - Malaysia
- Australian Commodity Traders Exchange
- Mjunction Services Limited - India
- Chettinad Cement Corporation Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- Altura Mining Limited, Indonesia
- Lanco Infratech Ltd - India
- Merrill Lynch Commodities Europe
- Indogreen Group - Indonesia
- Kartika Selabumi Mining - Indonesia
- Petron Corporation, Philippines
- Sakthi Sugars Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Energy Development Corp, Philippines
- Bangladesh Power Developement Board
- Videocon Industries ltd - India
- OPG Power Generation Pvt Ltd - India
- Price Waterhouse Coopers - Russia
- Romanian Commodities Exchange
- Madhucon Powers Ltd - India
- Economic Council, Georgia
- Neyveli Lignite Corporation Ltd, - India
- VISA Power Limited - India
- Aditya Birla Group - India
- Star Paper Mills Limited - India
- Semirara Mining and Power Corporation, Philippines
- Globalindo Alam Lestari - Indonesia
- Sarangani Energy Corporation, Philippines
- Ministry of Mines - Canada
- PTC India Limited - India
- ASAPP Information Group - India
- Iligan Light & Power Inc, Philippines
- Larsen & Toubro Limited - India
- Standard Chartered Bank - UAE
- Commonwealth Bank - Australia
- Karbindo Abesyapradhi - Indoneisa
- Asmin Koalindo Tuhup - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- London Commodity Brokers - England
- Indo Tambangraya Megah - Indonesia
- Bharathi Cement Corporation - India
- Savvy Resources Ltd - HongKong
- Maheswari Brothers Coal Limited - India
- Rio Tinto Coal - Australia
- South Luzon Thermal Energy Corporation
- Kumho Petrochemical, South Korea
- Marubeni Corporation - India
- Planning Commission, India
- Antam Resourcindo - Indonesia
- Interocean Group of Companies - India
- SMC Global Power, Philippines
- McConnell Dowell - Australia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Coalindo Energy - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Independent Power Producers Association of India
- GN Power Mariveles Coal Plant, Philippines
- Formosa Plastics Group - Taiwan
- Straits Asia Resources Limited - Singapore
- GVK Power & Infra Limited - India
- Sindya Power Generating Company Private Ltd
- Karaikal Port Pvt Ltd - India
- Kideco Jaya Agung - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- GAC Shipping (India) Pvt Ltd
- IEA Clean Coal Centre - UK
- Holcim Trading Pte Ltd - Singapore
- Grasim Industreis Ltd - India
- Timah Investasi Mineral - Indoneisa
- Cigading International Bulk Terminal - Indonesia
- MS Steel International - UAE
- European Bulk Services B.V. - Netherlands
- Indonesian Coal Mining Association
- Ministry of Finance - Indonesia
- Chamber of Mines of South Africa
- Electricity Authority, New Zealand
- PNOC Exploration Corporation - Philippines
- Ambuja Cements Ltd - India
- Vizag Seaport Private Limited - India
- CIMB Investment Bank - Malaysia
- Dalmia Cement Bharat India
- Alfred C Toepfer International GmbH - Germany
- New Zealand Coal & Carbon
- Semirara Mining Corp, Philippines
- Australian Coal Association
- Samtan Co., Ltd - South Korea
- Singapore Mercantile Exchange
- Orica Mining Services - Indonesia
- Toyota Tsusho Corporation, Japan
- White Energy Company Limited
- Sinarmas Energy and Mining - Indonesia
- Intertek Mineral Services - Indonesia
- Minerals Council of Australia
- Central Java Power - Indonesia
- Kaltim Prima Coal - Indonesia
- Jaiprakash Power Ventures ltd
- Medco Energi Mining Internasional
- Essar Steel Hazira Ltd - India
- Eastern Coal Council - USA
- Riau Bara Harum - Indonesia
- Bhoruka Overseas - Indonesia
- Power Finance Corporation Ltd., India
- Kepco SPC Power Corporation, Philippines
- Thiess Contractors Indonesia
- Kalimantan Lumbung Energi - Indonesia
- IHS Mccloskey Coal Group - USA
- Vijayanagar Sugar Pvt Ltd - India
- Trasteel International SA, Italy
- Coal and Oil Company - UAE
- Oldendorff Carriers - Singapore
- Sree Jayajothi Cements Limited - India
- Rashtriya Ispat Nigam Limited - India
- Sojitz Corporation - Japan
- Tamil Nadu electricity Board
- Carbofer General Trading SA - India
- Leighton Contractors Pty Ltd - Australia
- SN Aboitiz Power Inc, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Gujarat Sidhee Cement - India
- Bahari Cakrawala Sebuku - Indonesia
- LBH Netherlands Bv - Netherlands
- Bhatia International Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Bukit Baiduri Energy - Indonesia
- Xindia Steels Limited - India
- Energy Link Ltd, New Zealand
- PetroVietnam Power Coal Import and Supply Company
- Siam City Cement PLC, Thailand
- Metalloyd Limited - United Kingdom
- Cement Manufacturers Association - India
- Electricity Generating Authority of Thailand
- Bhushan Steel Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Ind-Barath Power Infra Limited - India
- Thai Mozambique Logistica
- ICICI Bank Limited - India
- Makarim & Taira - Indonesia
- Simpson Spence & Young - Indonesia
- Miang Besar Coal Terminal - Indonesia
- India Bulls Power Limited - India
- CNBM International Corporation - China
- Mintek Dendrill Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Gujarat Mineral Development Corp Ltd - India
- AsiaOL BioFuels Corp., Philippines
- Barasentosa Lestari - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Malabar Cements Ltd - India
- Kapuas Tunggal Persada - Indonesia
- Indian Oil Corporation Limited
- Parry Sugars Refinery, India
- Meenaskhi Energy Private Limited - India
- Indika Energy - Indonesia
- The State Trading Corporation of India Ltd
- TeaM Sual Corporation - Philippines
- Wood Mackenzie - Singapore
- Jindal Steel & Power Ltd - India
- Therma Luzon, Inc, Philippines
- Renaissance Capital - South Africa
- Edison Trading Spa - Italy
- Parliament of New Zealand
- Ministry of Transport, Egypt
- Central Electricity Authority - India
- Georgia Ports Authority, United States
- Coastal Gujarat Power Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Posco Energy - South Korea
- Deloitte Consulting - India
- Sical Logistics Limited - India
- Siam City Cement - Thailand
- Baramulti Group, Indonesia
- Eastern Energy - Thailand
- Port Waratah Coal Services - Australia
- Vedanta Resources Plc - India
- Billiton Holdings Pty Ltd - Australia
- Bayan Resources Tbk. - Indonesia
- Wilmar Investment Holdings
- Mercator Lines Limited - India
- Ceylon Electricity Board - Sri Lanka
- PowerSource Philippines DevCo
- Africa Commodities Group - South Africa
- Bulk Trading Sa - Switzerland
- Salva Resources Pvt Ltd - India
- The University of Queensland
- Global Business Power Corporation, Philippines
- Latin American Coal - Colombia
- Anglo American - United Kingdom
- International Coal Ventures Pvt Ltd - India
- Meralco Power Generation, Philippines
- Banpu Public Company Limited - Thailand
- SMG Consultants - Indonesia
- Attock Cement Pakistan Limited
- Kohat Cement Company Ltd. - Pakistan
- GMR Energy Limited - India
- Pendopo Energi Batubara - Indonesia
- Tata Chemicals Ltd - India
- Manunggal Multi Energi - Indonesia
- Mercuria Energy - Indonesia
- Goldman Sachs - Singapore
- Directorate General of MIneral and Coal - Indonesia
- Bukit Makmur.PT - Indonesia
- Gujarat Electricity Regulatory Commission - India
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