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

Thursday, 24 October 19
AUSTRALIA'S HOPES TO EXPAND COAL EXPORTS IN SOUTH-EAST ASIA 'DELUSIONAL', EXPERTS SAY - THE GUARDIAN
The number of new coal-fired power plants starting construction across south-east Asia has fallen markedly over the past two years as Australia has ...


Thursday, 24 October 19
PANAMAX: NEGATIVE SENTIMENT IN THE MARKET AS IT CONTINUES TO WEAKEN - FEARNLEYS
Capesize The market has continued to slide the last week, as lack of fresh requirements and a slight oversupply of tonnage heading towards Sout ...


Wednesday, 23 October 19
CHINA'S 2019 COAL IMPORTS SET TO RISE MORE THAN 10%: ANALYSTS - REUTERS
China, the world’s top coal buyer, is on track to boost imports of the fuel by more than 10% this year, traders and analysts said on Tuesday, ...


Wednesday, 23 October 19
SHIPPING MARKET INSIGHT - INTERMODAL
Moving closer to the end of the year, we are facing what the market was expecting for quite a while, the ship repair sector booming with the shipya ...


Tuesday, 22 October 19
DRY BULK: DESPITE THE DOWNWARD CORRECTION NOTED OVER THE PAST MONTH, RATES ARE STILL HOLDING OFF AT FAVORABLE LEVELS - ALLIED SHIPPING
Despite the downward correction that has been noted in the dry bulk market over the past month, rates are still holding off at favorable levels. Ev ...


   259 260 261 262 263   
Showing 1301 to 1305 news of total 6871
News by Category
Popular News
 
Total Members : 28,626
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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