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Friday, 06 April 18
TOP MINER BHP QUITS WORLD COAL ASSOCIATION OVER CLIMATE CLASH - BLOOMBERG
 BHP Billiton Ltd. has severed ties with the World Coal Association over a clash of views on how to combat climate change, with the mining giant saying it’ll reap little benefit from staying on as a member.
BHP will cease membership of the association following a review, while remaining a part of two other groups that it says have shown a willingness to engage further on climate issues, according to a statement by the Melbourne-based company on Thursday.
“In light of the material difference identified by the Review and the narrow range of activities of benefit to BHP from membership, BHP has reached a final view that it will cease membership of the WCA,” the miner said.
The producer’s move follows concern from some investors over membership of groups that have criticized the Paris climate accord and rejected targets to increase use of renewable energy sources. The World Coal Association is “disappointed” by BHP’s decision to leave the group, it said in a statement.
BHP said it’ll remain a member of the U.S. Chamber of Commerce, and will work with the Minerals Council of Australia to advocate policies aligned with the miner.
BHP — which gets about 20 percent of its revenue from coal — is targeting net zero emissions from its operations in the second half of this century. While it’s cut emissions about 61 percent in the six years to 2016, the producer remains among the world’s top emitters, Bloomberg New Energy Finance said in a September report.
Rival Rio Tinto Group last week completed its exit from coal after agreeing to sell more than $4 billion of Australian mines.
Source: Bloomberg
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Wednesday, 31 May 17
MARKET INSIGHT - KONSTANTINOS KAKAVITSAS
In the next episode of the oil market; The market reacts to OPEC’s production cut extension, the US shale oil producers are ruining the carte ...
Tuesday, 30 May 17
MARKET ANALYSIS - GEORGE LAZARIDIS
Despite the fair performance that has been noted in the Chinese economy over the past 5 months, we have started to see an increase in the skepticis ...
Friday, 26 May 17
MOST COAL PLANTS IN THE UNITED STATES WERE BUILT BEFORE 1990 - EIA
Coal-fired electricity generators accounted for 25% of operating electricity generating capacity in the United States and generated about 30% of U. ...
Friday, 26 May 17
U.S WEEKLY COAL OUTPUT ESTIMATE UP 6.3% W/W
COALspot.com – U.S., the world’s second largest coal producers have produced approximately totalled an estimated 14.3 million short ton ...
Wednesday, 24 May 17
LR MARKET IT SEEMS THAT EARNINGS ARE STILL UNDER PRESSURE - INTERMODAL
As we are approaching the summer season, the Clean Product market appears poised to become more challenging, either on East or West of Suez.
L ...
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- Parliament of New Zealand
- Electricity Generating Authority of Thailand
- Formosa Plastics Group - Taiwan
- Kalimantan Lumbung Energi - Indonesia
- Directorate Of Revenue Intelligence - India
- Xindia Steels Limited - India
- Cigading International Bulk Terminal - Indonesia
- GMR Energy Limited - India
- Malabar Cements Ltd - India
- Power Finance Corporation Ltd., India
- Rashtriya Ispat Nigam Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Metalloyd Limited - United Kingdom
- Independent Power Producers Association of India
- GAC Shipping (India) Pvt Ltd
- Posco Energy - South Korea
- Kepco SPC Power Corporation, Philippines
- Energy Link Ltd, New Zealand
- VISA Power Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Indika Energy - Indonesia
- Grasim Industreis Ltd - India
- Riau Bara Harum - Indonesia
- Commonwealth Bank - Australia
- Interocean Group of Companies - India
- Jindal Steel & Power Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Bangladesh Power Developement Board
- Kapuas Tunggal Persada - Indonesia
- Kartika Selabumi Mining - Indonesia
- Alfred C Toepfer International GmbH - Germany
- MS Steel International - UAE
- Meenaskhi Energy Private Limited - India
- Billiton Holdings Pty Ltd - Australia
- Ceylon Electricity Board - Sri Lanka
- Kumho Petrochemical, South Korea
- Semirara Mining and Power Corporation, Philippines
- Trasteel International SA, Italy
- Directorate General of MIneral and Coal - Indonesia
- Toyota Tsusho Corporation, Japan
- Wood Mackenzie - Singapore
- Ind-Barath Power Infra Limited - India
- India Bulls Power Limited - India
- Singapore Mercantile Exchange
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Samtan Co., Ltd - South Korea
- Indogreen Group - Indonesia
- Mintek Dendrill Indonesia
- Timah Investasi Mineral - Indoneisa
- San Jose City I Power Corp, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- South Luzon Thermal Energy Corporation
- Dalmia Cement Bharat India
- Bahari Cakrawala Sebuku - Indonesia
- Bukit Baiduri Energy - Indonesia
- Coalindo Energy - Indonesia
- Bukit Makmur.PT - Indonesia
- Vizag Seaport Private Limited - India
- Ministry of Transport, Egypt
- IHS Mccloskey Coal Group - USA
- Offshore Bulk Terminal Pte Ltd, Singapore
- Neyveli Lignite Corporation Ltd, - India
- Bayan Resources Tbk. - Indonesia
- Georgia Ports Authority, United States
- Bhatia International Limited - India
- Energy Development Corp, Philippines
- Goldman Sachs - Singapore
- TNB Fuel Sdn Bhd - Malaysia
- Eastern Coal Council - USA
- Pendopo Energi Batubara - Indonesia
- Sindya Power Generating Company Private Ltd
- Coal and Oil Company - UAE
- Petrochimia International Co. Ltd.- Taiwan
- Indo Tambangraya Megah - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Intertek Mineral Services - Indonesia
- Renaissance Capital - South Africa
- International Coal Ventures Pvt Ltd - India
- Australian Coal Association
- McConnell Dowell - Australia
- Jaiprakash Power Ventures ltd
- LBH Netherlands Bv - Netherlands
- Central Java Power - Indonesia
- Binh Thuan Hamico - Vietnam
- Altura Mining Limited, Indonesia
- Globalindo Alam Lestari - Indonesia
- Indian Energy Exchange, India
- Attock Cement Pakistan Limited
- Mercuria Energy - Indonesia
- Essar Steel Hazira Ltd - India
- Meralco Power Generation, Philippines
- ICICI Bank Limited - India
- Electricity Authority, New Zealand
- Sakthi Sugars Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Uttam Galva Steels Limited - India
- Price Waterhouse Coopers - Russia
- Sree Jayajothi Cements Limited - India
- Chamber of Mines of South Africa
- Sarangani Energy Corporation, Philippines
- Port Waratah Coal Services - Australia
- Thai Mozambique Logistica
- Kohat Cement Company Ltd. - Pakistan
- Miang Besar Coal Terminal - Indonesia
- Anglo American - United Kingdom
- Mercator Lines Limited - India
- Economic Council, Georgia
- The University of Queensland
- Lanco Infratech Ltd - India
- Bhushan Steel Limited - India
- Heidelberg Cement - Germany
- Banpu Public Company Limited - Thailand
- London Commodity Brokers - England
- Bharathi Cement Corporation - India
- OPG Power Generation Pvt Ltd - India
- Siam City Cement PLC, Thailand
- Tamil Nadu electricity Board
- Simpson Spence & Young - Indonesia
- Manunggal Multi Energi - Indonesia
- Indian Oil Corporation Limited
- Therma Luzon, Inc, Philippines
- Merrill Lynch Commodities Europe
- Planning Commission, India
- GN Power Mariveles Coal Plant, Philippines
- New Zealand Coal & Carbon
- Orica Australia Pty. Ltd.
- Global Business Power Corporation, Philippines
- Makarim & Taira - Indonesia
- Global Green Power PLC Corporation, Philippines
- Star Paper Mills Limited - India
- Sical Logistics Limited - India
- Africa Commodities Group - South Africa
- Kobexindo Tractors - Indoneisa
- Coastal Gujarat Power Limited - India
- Indonesian Coal Mining Association
- Vedanta Resources Plc - India
- Krishnapatnam Port Company Ltd. - India
- PowerSource Philippines DevCo
- Rio Tinto Coal - Australia
- Jorong Barutama Greston.PT - Indonesia
- Kaltim Prima Coal - Indonesia
- Oldendorff Carriers - Singapore
- Sojitz Corporation - Japan
- Savvy Resources Ltd - HongKong
- European Bulk Services B.V. - Netherlands
- TeaM Sual Corporation - Philippines
- GVK Power & Infra Limited - India
- ASAPP Information Group - India
- SN Aboitiz Power Inc, Philippines
- Standard Chartered Bank - UAE
- White Energy Company Limited
- Borneo Indobara - Indonesia
- Aditya Birla Group - India
- Romanian Commodities Exchange
- Baramulti Group, Indonesia
- Gujarat Sidhee Cement - India
- Eastern Energy - Thailand
- Karbindo Abesyapradhi - Indoneisa
- Barasentosa Lestari - Indonesia
- Semirara Mining Corp, Philippines
- Straits Asia Resources Limited - Singapore
- Agrawal Coal Company - India
- Chettinad Cement Corporation Ltd - India
- Deloitte Consulting - India
- PTC India Limited - India
- Mjunction Services Limited - India
- CNBM International Corporation - China
- Siam City Cement - Thailand
- Iligan Light & Power Inc, Philippines
- Videocon Industries ltd - India
- The State Trading Corporation of India Ltd
- Edison Trading Spa - Italy
- Kideco Jaya Agung - Indonesia
- Wilmar Investment Holdings
- Gujarat Mineral Development Corp Ltd - India
- Sinarmas Energy and Mining - Indonesia
- Carbofer General Trading SA - India
- SMG Consultants - Indonesia
- Karaikal Port Pvt Ltd - India
- Bhoruka Overseas - Indonesia
- Petron Corporation, Philippines
- Salva Resources Pvt Ltd - India
- Australian Commodity Traders Exchange
- Holcim Trading Pte Ltd - Singapore
- Global Coal Blending Company Limited - Australia
- Gujarat Electricity Regulatory Commission - India
- Maharashtra Electricity Regulatory Commission - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- AsiaOL BioFuels Corp., Philippines
- Cement Manufacturers Association - India
- Bulk Trading Sa - Switzerland
- SMC Global Power, Philippines
- Leighton Contractors Pty Ltd - Australia
- Thiess Contractors Indonesia
- Maheswari Brothers Coal Limited - India
- Ministry of Finance - Indonesia
- Central Electricity Authority - India
- PNOC Exploration Corporation - Philippines
- CIMB Investment Bank - Malaysia
- Ministry of Mines - Canada
- Parry Sugars Refinery, India
- Marubeni Corporation - India
- Antam Resourcindo - Indonesia
- Aboitiz Power Corporation - Philippines
- Larsen & Toubro Limited - India
- Orica Mining Services - Indonesia
- Medco Energi Mining Internasional
- IEA Clean Coal Centre - UK
- The Treasury - Australian Government
- Minerals Council of Australia
- Ambuja Cements Ltd - India
- Latin American Coal - Colombia
- Madhucon Powers Ltd - India
- Tata Chemicals Ltd - India
- Asmin Koalindo Tuhup - Indonesia
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