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, 15 May 19
SHIPPING MARKET INSIGHT - THEODORE NTALAKOS
Modern warfare - Trade wars & sanctions As of May 1st, the U.S. has ended waivers to the sanctions that had allowed the top buyers of Irani ...


Monday, 13 May 19
INDONESIAN COAL PRICE REFERENCE CONTINUES TO FALL
COALspot.com: The Ministry of Energy and Mineral Resources of the Republic of Indonesia has revised down the benchmark price of Indonesian thermal ...


Monday, 13 May 19
SUPRAMAX: SOUTHEAST ASIA THE MARKET SAW BETTER DEMAND - BALTIC BRIEFING
Cape The market continued its rollercoaster ride last week opening with negative sentiment, but turning around in dramatic fashion by the week& ...


Thursday, 09 May 19
DEEP OFFSHORE SOUTHEAST ASIA CONGRESS 2019
Deep Offshore Southeast Asia Congress 2019 Event Date:2-3th July. 2019t Location: Jakarta, Indonesia   Sarawak Shell Berhad (S ...


Thursday, 09 May 19
OFFSHORE CARIBBEAN CONGRESS 2019
Offshore Caribbean Congress 2019 Event Date: 4-5th July. 2019t Location: Georgetown, Guyana   Hess announced a new d ...


   279 280 281 282 283   
Showing 1401 to 1405 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 ...

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