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
Thursday, 01 August 19
INDIKA ENERGY REVENUES DECLINE DUE TO LOW COAL PRICES
Indika EnergyOne of the largest Indonesian integrated energy companies PT Indika Energy Tbk posted revenues of US $ 1,380.4 million, down 4.6% compared to US $ 1,447.2 million in the same period the previous year.
 
According to Warta Ekonomi, Arsjad Rasjid, Indika Energy's President Director, said that the main factor was the decline of PT Kideco Jaya Agung income, which amounted to US $ 810 million in the first six months of 2019 compared to US $ 938.8 million in the first semester of 2018, due to weakening of International coal prices.
 
He further said, the Company's coal sales volume, through Kideco and PT Multi Tambangjaya Utama (MUTU), increased by 556 thousand tons. for the period January to June 2019. Kideco sold 17.5 million tons of coal, an increase of 200 thousand tons year on year. While MUTU sold 764 thousand tons of coal, an increase of 356 thousand tons compared to the first semester of 2018, the report says.
 
"The performance of the first semester of 2019 reflects our focus on optimizing performance amid the current coal market conditions and global economic pressures," he said, in an official statement in Jakarta on Wednesday (07/31/2019) said Warta Ekonomi.
 
Where, the Company's gross profit in the first half of 2019 decreased 37.7% to US $ 235.4 million compared to US $ 377.7 million in the same period in 2018. Operating Income decreased to US $ 163.7 million compared to US $ 312 , 1 million in H1 2018.
 
"The downward trend in coal prices that occurred since last year has an impact on the Company's Financial Report. "We always focus on maintaining production efficiency, controlling operational costs, and optimizing synergies between the Company's business units," he concluded.


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

Recent News

Sunday, 22 December 19
NMDC DIVERSIFIES INTO COAL MINING - THE HINDU
Iron ore mining major NMDC has been allocated two coal blocks in Jharkhand for commercial mining by the Union Ministry of Coal.   Both ...


Sunday, 22 December 19
TRADING PLACES FOR 2020 - BALTIC EXCHANGE
In the sea of 2020 predictions, Saxo Bank’s Outrageous Predictions sail their own very unique course. For nearly 20 years the Danish investme ...


Saturday, 21 December 19
SUPRAMAX: A 63,000 DWT VESSEL, OPEN CIGADING, FIXED A TRIP VIA INDONESIA, REDELIVERY WEST COAST INDIA, AT $8,500 - BALTIC BRIEFING
Capesize The Capesize market this past week has been attempting to recalibrate itself in consideration of weakening freight levels and increasi ...


Saturday, 21 December 19
SHIPPING'S SUPPLY AND DEMAND TRENDING OFF BALANCE - BIMCO
One of the most worrying trends that has developed recently – which will affect shipping demand in the years to come – is the falling t ...


Friday, 20 December 19
CHINA'S BENCHMARK POWER COAL PRICE REMAINS FLAT - XINHUA
China’s benchmark power coal price remained flat during the past week.   The Bohai-Rim Steam-Coal Price Index (BSPI), a gauge of ...


   245 246 247 248 249   
Showing 1231 to 1235 news of total 6871
News by Category
Popular News
 
Total Members : 28,627
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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