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, 24 April 19
PANAMAX: IN THE EAST, THE MARKET MOVED SIDE-WAYS, WITH FEWER COAL CARGOES FROM INDONESIA PUTTING PRESSURE ON RATES - INTERMODAL
Sentiment in the Dry Bulk market slowly but steadily kept improving last week as Capesize rates remained in recovery mode and Panamax earnings also ...


Wednesday, 24 April 19
SHIPPING MARKET INSIGHT - IS THIS A BANKERS' MARKET? - INTERMODAL
Over the last 10 years, many of the traditional and top lending banks have made the decision to either downsize their portfolios or even exit shipp ...


Monday, 22 April 19
COAL INDIA TO ASK POWER PLANTS TO CUT COAL IMPORTS - DNA
Co to encourage import substitution with domestic supplies at power plants   Surge in coal imports has now forced Coal India Ltd (CIL) ...


Thursday, 18 April 19
BIMCO SEES HARD TIMES AHEAD FOR CAPESIZES
China’s increased use of scrap metal for its production of crude steel is fundamentally critical to the dry bulk shipping industry. Mostly Ca ...


Wednesday, 17 April 19
ONCE AGAIN WE FACED WITH THE SITUATION OF THE DRY BALTIC INDEX BEING BELOW 1,000 POINTS - INTERMODAL
Once again we are faced with the situation of the Dry Baltic Index being below 1,000 points. In a market where the feeling of insecurity is almost ...


   281 282 283 284 285   
Showing 1411 to 1415 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 ...

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