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 : 28,705
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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