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

Wednesday, 31 July 19
SHIPPING MARKET INSIGHT - INTERMODAL
It was a fairly busy week in the dry S&P market. Despite the ease of Capesize rates which impacted Panamaxes as well, interest from potential b ...


Sunday, 28 July 19
ULTRAMAX - INDONESIAN COAL CARGOES SAW A 63,000DWT SHIP FIXING DELIVERY FOR A SOUTH CHINA TRIP VIA INDONESIA, REDELIVERY CHINA, AT $11,700 - BALTIC BRIEFING
Capesize The market was a white knuckled ride this past week as a large downside movement shed value quickly leaving many in bewilderment. The ...


Wednesday, 24 July 19
CHINA TAIYUAN COAL TRANSACTION PRICE INDEX DOWN 0.27 PCT - XINHUA
China Taiyuan coal transaction price index stood at 138.78 points Monday, down 0.27 percent week on week.   The index, released by Chi ...


Wednesday, 24 July 19
SHIPPING MARKET INSIGHT - INTERMODAL
Tonnes of ink has been spent analysing the rebound of the dry bulk market the last weeks with the most representative example being the rising perf ...


Wednesday, 24 July 19
COAL'S DEMISE QUICKENS IN EUROPE AS MARKET SHIFT IDLES PLANTS - BLOOMBERG
Commodity markets are stripping away the case for coal in Europe, moving quicker than government efforts to close the most polluting power plants. ...


   270 271 272 273 274   
Showing 1356 to 1360 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 ...

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