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
Friday, 29 May 20
AUSTRALIA'S NEW HOPE WARNS OF HIT FROM COAL PRICE SLUMP - REUTERS
ReutersAustralia’s New Hope Corp Ltd said on Thursday that a sudden drop in thermal coal prices and lower output from its Queensland operations would hurt its financial performance in the second half of the year.
 
“As a result of reduced electricity demand across most global markets, thermal coal demand and price has declined sharply since the beginning of April 2020,” the coal miner said in a quarterly update.
 
The coronavirus outbreak had affected all markets and coal types, destroying global power demand more rapidly and on a greater scale than seen during the global financial crisis of 2008, it added.
 
High levels of Indian coal stocks, the uncertain pace of Japan’s recovery and low coal imports from Europe were all posing negatives for the thermal coal market, the miner said.
 
However, offering some relief, New Hope said a pick-up in Chinese industrial activity and power consumption, along with firm demand from Vietnam, Taiwan and Korea had supported a recovery in prices in recent weeks.
 
Meanwhile, the company said it was currently searching for a new chief executive, after industry veteran Shane Stephan recently announced his retirement effective on August 31.
 
New Hope also said it had been informed by the Australian high court that special leave applications had been submitted by Wiggins Island Coal Export Terminal (WICET) and liquidators regarding debts owed by its two units, Northern Energy Corporation and Colton Coal.
 
Both units are currently under liquidation. If the applications and the appeal are successful, the company could be exposed to a liability of about A$155 million ($102.55 million), New Hope said, adding that it would continue to deny the claims.
 
A court last year found that New Hope was not required to fulfil its units’ debts, as claimed by Wiggins Island Coal Export Terminal (WICET) and the liquidators .
Source: Reuters (Reporting by Rashmi Ashok in Bengaluru; Editing by Simon Cameron-Moore)


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

Recent News

Tuesday, 12 May 20
CAN INDONESIA'S COAL INDUSTRY SURVIVE COVID-19? : IEEFA
Pandemic Lockdown and Slumping Prices Put Extreme Pressure on Coal Miners   Executive Summary While attention has been focused on th ...


Tuesday, 12 May 20
INDIA'S COAL PRODUCTION TO CLOCK RECORD 700 MILLION TONNES IN FY21: COAL SECRETARY - PTI
Coal Secretary Anil Jain said FY20 coal production was lower than the target of 660 million tonnes because of flooding of a key coal mine. &nbs ...


Monday, 11 May 20
CHINA'S BENCHMARK POWER COAL PRICE DROPS SLIGHTLY - XINHUA
China’s benchmark power coal price dropped slightly during the past week.   The Bohai-Rim Steam-Coal Price Index (BSPI), a gauge ...


Monday, 11 May 20
CORONAVIRUS PUTS MORE THAN A THIRD OF SEABORNE COAL SUPPLY AT RISK - WOOD MACKENZIE
The full impact of the coronavirus outbreak on the global economy is yet unclear. However, the demand destruction is already becoming evident, with ...


Saturday, 09 May 20
ANGLO AMERICAN CONSIDERS SPINNING OFF SOUTH AFRICAN COAL OPERATIONS - REUTERS
Diversified miner Anglo American said on Thursday it prefers unbundling and listing its thermal coal operations in South Africa on the Johannesburg ...


   193 194 195 196 197   
Showing 971 to 975 news of total 6871
News by Category
Popular News
 
Total Members : 28,617
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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