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Friday, 19 June 20
INDIA'S COAL CONSUMPTION GROWTH IN 2019 SLOWEST SINCE 2001: BP STATS REVIEW - HINDU BUSINESS LINE
Growth in global energy markets slowed in 2019 in line with weaker economic growth, according to the bp Statistical Review of World Energy 2020. There was also a partial unwinding of some of the one-off factors that boosted energy demand in 2018.
“This slowdown was particularly evident in the US, Russia and India, each of which exhibited unusually strong growth in 2018,” the study said.
The growth of coal in India, usually a key driver of coal consumption, was only 0.3 per cent– its lowest since 2001. These increases in coal consumption were more than offset by falls in demand in the developed world, led by the US and Germany.
“Global coal consumption and production fell by 0.6 per cent, its fourth decline in six years, displaced by natural gas and renewables, particularly in the power sector. As a result, coal’s share in the (global) energy mix fell to 27 per cent, its lowest level in 16 years. Coal consumption continued to increase in some emerging economies, particularly in China, Indonesia and Vietnam.”
The growth in carbon emissions in 2019 was also slowed from the sharp increase seen in the previous year, as primary energy consumption decelerated, and renewables and natural gas displaced coal from the energy mix.
Despite the globally lower consumption, China was by far the biggest individual driver of primary energy growth, accounting for more than three quarters of net global growth. India and Indonesia were the next largest contributors, while the US and Germany posted the largest declines in energy terms, the study said.
Commenting on the impact of Covid-19 crisis, Spencer Dale, bp chief economist said, “Global energy markets have been severely disrupted by the pandemic.”
Bernard Looney, bp chief executive officer, said: “The average annual growth in carbon emissions over 2018 and 2019 was greater than its 10-year average. As the world emerges from the Covid-19 crisis it needs to make decisive changes to move to a more sustainable path. The disruption to our everyday lives caused by the lockdowns has provided a glimpse of a cleaner, lower carbon world: air quality in many of the world’s most polluted cities has improved; skies have become clearer.”
“But to get to net zero by 2050, the world requires similar-sized reductions in carbon emissions every other year for the next 25 years,” Looney said.
Net zero means balancing carbon emissions with removal methods or simply eliminating carbon emissions altogether. This is a goal aimed at lowering the pollution levels emanating due to fossil fuel consumption.
Source: The Hindu Business Line
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Wednesday, 17 June 20
KOREA SOUTHERN POWER CO INVITED 80000 MT OF LOW CALORIFIC VALUE COAL FOR AUGUST 1H, 2020 LOADING
COALspot.com: Korea Southern Power Co., Ltd. (KOSPO) has issued an International tender for 80,000 Metric Tons (MT) Min 4,200 kcal/kg - Max. ...
Tuesday, 16 June 20
A GLOBAL ECONOMIC SLUMP: WHAT WILL IT MEAN FOR METALS AND MINING? - WOOD MACKENZIE
Back before coronavirus knocked “normal” out cold, the key issues for miners were sub-investment prices, rising requirements for ESG an ...
Tuesday, 16 June 20
CHINA TAIYUAN COAL TRANSACTION PRICE INDEX UP 0.58 PCT - XINHUA
China Taiyuan coal transaction price index stood at 124.43 points Monday, up 0.58 percent week on week.
The index, released by China ...
Tuesday, 16 June 20
HIGHER IRON ORE PRICES OFFSET CORONAVIRUS-DRIVEN PRODUCTION RISK - FITCH RATINGS
Lower iron ore production in Brazil, resulting from rising coronavirus infections, should only marginally affect the cash flow of Vale and other gl ...
Tuesday, 16 June 20
SHALE SHOCKED - WOOD MACKENZIE
Capturing shut-ins in real time
Oil markets are searching for balance as the world reflects on the impact of the COVID-19 pandemic. ...
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Showing 906 to 910 news of total 6871 |
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- Sinarmas Energy and Mining - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Marubeni Corporation - India
- Jorong Barutama Greston.PT - Indonesia
- CNBM International Corporation - China
- GAC Shipping (India) Pvt Ltd
- Price Waterhouse Coopers - Russia
- TNB Fuel Sdn Bhd - Malaysia
- Bank of Tokyo Mitsubishi UFJ Ltd
- London Commodity Brokers - England
- Binh Thuan Hamico - Vietnam
- Manunggal Multi Energi - Indonesia
- European Bulk Services B.V. - Netherlands
- Bukit Baiduri Energy - Indonesia
- Renaissance Capital - South Africa
- Heidelberg Cement - Germany
- Orica Mining Services - Indonesia
- Australian Commodity Traders Exchange
- Mercator Lines Limited - India
- Sakthi Sugars Limited - India
- Australian Coal Association
- Bulk Trading Sa - Switzerland
- Aboitiz Power Corporation - Philippines
- Sarangani Energy Corporation, Philippines
- Gujarat Electricity Regulatory Commission - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- ICICI Bank Limited - India
- VISA Power Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Sree Jayajothi Cements Limited - India
- Savvy Resources Ltd - HongKong
- Global Green Power PLC Corporation, Philippines
- Bangladesh Power Developement Board
- Thai Mozambique Logistica
- Tamil Nadu electricity Board
- Directorate General of MIneral and Coal - Indonesia
- Lanco Infratech Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- TeaM Sual Corporation - Philippines
- Kohat Cement Company Ltd. - Pakistan
- Wood Mackenzie - Singapore
- Kalimantan Lumbung Energi - Indonesia
- Trasteel International SA, Italy
- ASAPP Information Group - India
- Central Java Power - Indonesia
- Malabar Cements Ltd - India
- Samtan Co., Ltd - South Korea
- LBH Netherlands Bv - Netherlands
- The Treasury - Australian Government
- Interocean Group of Companies - India
- Bukit Makmur.PT - Indonesia
- Thiess Contractors Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Carbofer General Trading SA - India
- Rashtriya Ispat Nigam Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Salva Resources Pvt Ltd - India
- Eastern Coal Council - USA
- Barasentosa Lestari - Indonesia
- Independent Power Producers Association of India
- CIMB Investment Bank - Malaysia
- Meenaskhi Energy Private Limited - India
- Eastern Energy - Thailand
- Minerals Council of Australia
- Neyveli Lignite Corporation Ltd, - India
- Straits Asia Resources Limited - Singapore
- Formosa Plastics Group - Taiwan
- Kapuas Tunggal Persada - Indonesia
- Xindia Steels Limited - India
- Ministry of Transport, Egypt
- Coal and Oil Company - UAE
- Coastal Gujarat Power Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Energy Link Ltd, New Zealand
- Bayan Resources Tbk. - Indonesia
- McConnell Dowell - Australia
- Meralco Power Generation, Philippines
- Therma Luzon, Inc, Philippines
- Merrill Lynch Commodities Europe
- Aditya Birla Group - India
- Bahari Cakrawala Sebuku - Indonesia
- Chamber of Mines of South Africa
- Ind-Barath Power Infra Limited - India
- Agrawal Coal Company - India
- Singapore Mercantile Exchange
- Star Paper Mills Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Alfred C Toepfer International GmbH - Germany
- Petrochimia International Co. Ltd.- Taiwan
- GMR Energy Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- GVK Power & Infra Limited - India
- Holcim Trading Pte Ltd - Singapore
- Goldman Sachs - Singapore
- South Luzon Thermal Energy Corporation
- Toyota Tsusho Corporation, Japan
- Indogreen Group - Indonesia
- SMC Global Power, Philippines
- Port Waratah Coal Services - Australia
- San Jose City I Power Corp, Philippines
- White Energy Company Limited
- Electricity Authority, New Zealand
- Central Electricity Authority - India
- Sojitz Corporation - Japan
- Gujarat Sidhee Cement - India
- Africa Commodities Group - South Africa
- Ambuja Cements Ltd - India
- Planning Commission, India
- Indian Energy Exchange, India
- Kideco Jaya Agung - Indonesia
- AsiaOL BioFuels Corp., Philippines
- OPG Power Generation Pvt Ltd - India
- Globalindo Alam Lestari - Indonesia
- Indika Energy - Indonesia
- Vizag Seaport Private Limited - India
- Indian Oil Corporation Limited
- Georgia Ports Authority, United States
- Coalindo Energy - Indonesia
- Parliament of New Zealand
- Latin American Coal - Colombia
- Ministry of Mines - Canada
- Medco Energi Mining Internasional
- Standard Chartered Bank - UAE
- India Bulls Power Limited - India
- Dalmia Cement Bharat India
- Krishnapatnam Port Company Ltd. - India
- Simpson Spence & Young - Indonesia
- Kaltim Prima Coal - Indonesia
- Grasim Industreis Ltd - India
- Anglo American - United Kingdom
- Siam City Cement PLC, Thailand
- Kobexindo Tractors - Indoneisa
- Cigading International Bulk Terminal - Indonesia
- Romanian Commodities Exchange
- PTC India Limited - India
- SMG Consultants - Indonesia
- PowerSource Philippines DevCo
- Gujarat Mineral Development Corp Ltd - India
- Ceylon Electricity Board - Sri Lanka
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Rio Tinto Coal - Australia
- SN Aboitiz Power Inc, Philippines
- Economic Council, Georgia
- Banpu Public Company Limited - Thailand
- Attock Cement Pakistan Limited
- Edison Trading Spa - Italy
- Videocon Industries ltd - India
- Iligan Light & Power Inc, Philippines
- Electricity Generating Authority of Thailand
- Bhatia International Limited - India
- MS Steel International - UAE
- Mercuria Energy - Indonesia
- International Coal Ventures Pvt Ltd - India
- Jaiprakash Power Ventures ltd
- Essar Steel Hazira Ltd - India
- The University of Queensland
- Uttam Galva Steels Limited - India
- Larsen & Toubro Limited - India
- Siam City Cement - Thailand
- Tata Chemicals Ltd - India
- Miang Besar Coal Terminal - Indonesia
- The State Trading Corporation of India Ltd
- Sical Logistics Limited - India
- Orica Australia Pty. Ltd.
- Karbindo Abesyapradhi - Indoneisa
- Riau Bara Harum - Indonesia
- Antam Resourcindo - Indonesia
- Vedanta Resources Plc - India
- Borneo Indobara - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Pendopo Energi Batubara - Indonesia
- Bhoruka Overseas - Indonesia
- PNOC Exploration Corporation - Philippines
- IHS Mccloskey Coal Group - USA
- Maheswari Brothers Coal Limited - India
- Jindal Steel & Power Ltd - India
- Commonwealth Bank - Australia
- Power Finance Corporation Ltd., India
- Altura Mining Limited, Indonesia
- Billiton Holdings Pty Ltd - Australia
- Cement Manufacturers Association - India
- Semirara Mining Corp, Philippines
- Global Coal Blending Company Limited - Australia
- Parry Sugars Refinery, India
- Bhushan Steel Limited - India
- Deloitte Consulting - India
- Petron Corporation, Philippines
- Sindya Power Generating Company Private Ltd
- New Zealand Coal & Carbon
- Baramulti Group, Indonesia
- Intertek Mineral Services - Indonesia
- Indo Tambangraya Megah - Indonesia
- Energy Development Corp, Philippines
- Metalloyd Limited - United Kingdom
- Wilmar Investment Holdings
- Indonesian Coal Mining Association
- Global Business Power Corporation, Philippines
- IEA Clean Coal Centre - UK
- Kumho Petrochemical, South Korea
- Semirara Mining and Power Corporation, Philippines
- Madhucon Powers Ltd - India
- Kepco SPC Power Corporation, Philippines
- Mjunction Services Limited - India
- Ministry of Finance - Indonesia
- Makarim & Taira - Indonesia
- Posco Energy - South Korea
- Bharathi Cement Corporation - India
- Leighton Contractors Pty Ltd - Australia
- Timah Investasi Mineral - Indoneisa
- Karaikal Port Pvt Ltd - India
- Directorate Of Revenue Intelligence - India
- Chettinad Cement Corporation Ltd - India
- Oldendorff Carriers - Singapore
- Mintek Dendrill Indonesia
- Kartika Selabumi Mining - Indonesia
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