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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, 08 February 17
MARKET INSIGHT - PANOS MAKRINOS
The challenges the oil market has witnessed since the end of 2014 has resulted in a crisis for the global offshore oil and gas exploration industry ...
Tuesday, 07 February 17
WE ARE STILL RIDING ON A WAVE OF MARKET IMPROVEMENT, WITH THE GLOBAL TRADE OF MOST COMMODITIES STILL SHOWING SIGNS OF IMPROVING GROWTH - GEORGE LAZARIDIS
The end of 2016 came with a rejuvenated sentiment amongst most traders and investors, in part through the sigh of relief that 2016 was finally comi ...
Monday, 06 February 17
AFTER MONTHS OF GAINS, THE INDONESIAN GOVERNMENT DECLARED MONTHLY COAL BENCHMARK PRICE IS STEADILY DROPPING
COALspot.com: Over the past two months, the HBA of Indonesian thermal coal has dropped around 18.06 percent. It sank to $ 83.32 per ton for Februar ...
Monday, 06 February 17
THE FREIGHT MARKET CONTINUED ITS DOWNFALL IN ALL SEGMENTS
COALspot.com: Due to Lunar year holidays and celebration, the Freight market was declined in all segments week ending 27 January. The fall was cont ...
Friday, 03 February 17
KOMIPO INVITES BIDS FOR 1.13 MILLION TONS OF BITUMINOUS COAL FOR Q2' 17
COALspot.com: South Korea state-owned utility Korea Midland Power (KOMIPO) issued a new tender for 1,130,000 Metric Tons of Bituminous coal f ...
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- Thai Mozambique Logistica
- Pipit Mutiara Jaya. PT, Indonesia
- Mercuria Energy - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Maheswari Brothers Coal Limited - India
- PTC India Limited - India
- Semirara Mining and Power Corporation, Philippines
- The State Trading Corporation of India Ltd
- Independent Power Producers Association of India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Wood Mackenzie - Singapore
- Ceylon Electricity Board - Sri Lanka
- Tamil Nadu electricity Board
- PNOC Exploration Corporation - Philippines
- Kepco SPC Power Corporation, Philippines
- Holcim Trading Pte Ltd - Singapore
- Indo Tambangraya Megah - Indonesia
- Sinarmas Energy and Mining - Indonesia
- International Coal Ventures Pvt Ltd - India
- Electricity Authority, New Zealand
- Indogreen Group - Indonesia
- Eastern Energy - Thailand
- Vizag Seaport Private Limited - India
- Mintek Dendrill Indonesia
- Dalmia Cement Bharat India
- Bhoruka Overseas - Indonesia
- ICICI Bank Limited - India
- New Zealand Coal & Carbon
- SMG Consultants - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- AsiaOL BioFuels Corp., Philippines
- Indian Oil Corporation Limited
- Leighton Contractors Pty Ltd - Australia
- Neyveli Lignite Corporation Ltd, - India
- San Jose City I Power Corp, Philippines
- Thiess Contractors Indonesia
- CIMB Investment Bank - Malaysia
- Jaiprakash Power Ventures ltd
- OPG Power Generation Pvt Ltd - India
- Carbofer General Trading SA - India
- Binh Thuan Hamico - Vietnam
- Economic Council, Georgia
- Ministry of Finance - Indonesia
- Samtan Co., Ltd - South Korea
- Romanian Commodities Exchange
- CNBM International Corporation - China
- Petrochimia International Co. Ltd.- Taiwan
- Bahari Cakrawala Sebuku - Indonesia
- Semirara Mining Corp, Philippines
- Antam Resourcindo - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Interocean Group of Companies - India
- Posco Energy - South Korea
- Riau Bara Harum - Indonesia
- Energy Link Ltd, New Zealand
- Grasim Industreis Ltd - India
- Orica Mining Services - Indonesia
- Singapore Mercantile Exchange
- Energy Development Corp, Philippines
- Banpu Public Company Limited - Thailand
- Jorong Barutama Greston.PT - Indonesia
- Eastern Coal Council - USA
- Altura Mining Limited, Indonesia
- Formosa Plastics Group - Taiwan
- Marubeni Corporation - India
- Kartika Selabumi Mining - Indonesia
- Essar Steel Hazira Ltd - India
- Africa Commodities Group - South Africa
- GN Power Mariveles Coal Plant, Philippines
- Kohat Cement Company Ltd. - Pakistan
- Wilmar Investment Holdings
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Bank of Tokyo Mitsubishi UFJ Ltd
- Meenaskhi Energy Private Limited - India
- Attock Cement Pakistan Limited
- Bharathi Cement Corporation - India
- Kumho Petrochemical, South Korea
- Parry Sugars Refinery, India
- Alfred C Toepfer International GmbH - Germany
- Iligan Light & Power Inc, Philippines
- Gujarat Sidhee Cement - India
- Sree Jayajothi Cements Limited - India
- Port Waratah Coal Services - Australia
- Simpson Spence & Young - Indonesia
- Ambuja Cements Ltd - India
- Coastal Gujarat Power Limited - India
- Siam City Cement PLC, Thailand
- Intertek Mineral Services - Indonesia
- Sindya Power Generating Company Private Ltd
- Xindia Steels Limited - India
- Kapuas Tunggal Persada - Indonesia
- Tata Chemicals Ltd - India
- European Bulk Services B.V. - Netherlands
- Bukit Baiduri Energy - Indonesia
- Pendopo Energi Batubara - Indonesia
- GMR Energy Limited - India
- IHS Mccloskey Coal Group - USA
- Global Green Power PLC Corporation, Philippines
- Sojitz Corporation - Japan
- Global Coal Blending Company Limited - Australia
- TNB Fuel Sdn Bhd - Malaysia
- Heidelberg Cement - Germany
- Malabar Cements Ltd - India
- London Commodity Brokers - England
- Bulk Trading Sa - Switzerland
- Coal and Oil Company - UAE
- Edison Trading Spa - Italy
- Star Paper Mills Limited - India
- Petron Corporation, Philippines
- Madhucon Powers Ltd - India
- South Luzon Thermal Energy Corporation
- Renaissance Capital - South Africa
- Central Electricity Authority - India
- Australian Coal Association
- Chamber of Mines of South Africa
- Siam City Cement - Thailand
- Power Finance Corporation Ltd., India
- Georgia Ports Authority, United States
- Medco Energi Mining Internasional
- SMC Global Power, Philippines
- Ministry of Mines - Canada
- Savvy Resources Ltd - HongKong
- Uttam Galva Steels Limited - India
- Borneo Indobara - Indonesia
- PowerSource Philippines DevCo
- Indonesian Coal Mining Association
- White Energy Company Limited
- Mjunction Services Limited - India
- Bayan Resources Tbk. - Indonesia
- Sical Logistics Limited - India
- The University of Queensland
- Bhatia International Limited - India
- TeaM Sual Corporation - Philippines
- Aditya Birla Group - India
- Rio Tinto Coal - Australia
- The Treasury - Australian Government
- Manunggal Multi Energi - Indonesia
- Trasteel International SA, Italy
- Meralco Power Generation, Philippines
- SN Aboitiz Power Inc, Philippines
- Kobexindo Tractors - Indoneisa
- Australian Commodity Traders Exchange
- Bangladesh Power Developement Board
- Ind-Barath Power Infra Limited - India
- Agrawal Coal Company - India
- Ministry of Transport, Egypt
- Electricity Generating Authority of Thailand
- Toyota Tsusho Corporation, Japan
- Directorate Of Revenue Intelligence - India
- Straits Asia Resources Limited - Singapore
- Miang Besar Coal Terminal - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Bhushan Steel Limited - India
- Barasentosa Lestari - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- McConnell Dowell - Australia
- Makarim & Taira - Indonesia
- Therma Luzon, Inc, Philippines
- Maharashtra Electricity Regulatory Commission - India
- Oldendorff Carriers - Singapore
- Merrill Lynch Commodities Europe
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Metalloyd Limited - United Kingdom
- Mercator Lines Limited - India
- LBH Netherlands Bv - Netherlands
- Gujarat Electricity Regulatory Commission - India
- VISA Power Limited - India
- Sakthi Sugars Limited - India
- Indian Energy Exchange, India
- Cigading International Bulk Terminal - Indonesia
- Kaltim Prima Coal - Indonesia
- Jindal Steel & Power Ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- Salva Resources Pvt Ltd - India
- Timah Investasi Mineral - Indoneisa
- Latin American Coal - Colombia
- MS Steel International - UAE
- Deloitte Consulting - India
- Anglo American - United Kingdom
- Kalimantan Lumbung Energi - Indonesia
- Commonwealth Bank - Australia
- Orica Australia Pty. Ltd.
- Gujarat Mineral Development Corp Ltd - India
- Price Waterhouse Coopers - Russia
- Minerals Council of Australia
- Goldman Sachs - Singapore
- GVK Power & Infra Limited - India
- IEA Clean Coal Centre - UK
- Karaikal Port Pvt Ltd - India
- Baramulti Group, Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- GAC Shipping (India) Pvt Ltd
- Larsen & Toubro Limited - India
- Lanco Infratech Ltd - India
- Sarangani Energy Corporation, Philippines
- Globalindo Alam Lestari - Indonesia
- Indika Energy - Indonesia
- Coalindo Energy - Indonesia
- Parliament of New Zealand
- India Bulls Power Limited - India
- Chettinad Cement Corporation Ltd - India
- Central Java Power - Indonesia
- Aboitiz Power Corporation - Philippines
- Videocon Industries ltd - India
- Cement Manufacturers Association - India
- Bukit Makmur.PT - Indonesia
- Global Business Power Corporation, Philippines
- Planning Commission, India
- Vedanta Resources Plc - India
- Kideco Jaya Agung - Indonesia
- ASAPP Information Group - India
- Billiton Holdings Pty Ltd - Australia
- Rashtriya Ispat Nigam Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Karbindo Abesyapradhi - Indoneisa
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Standard Chartered Bank - UAE
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