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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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Sunday, 14 June 20
INDONESIAN COAL WAS STILL IN DEMAND; A 52,000-DWT SUPRAMAX FIXING DELIVERY CJK FOR A ROUND VOYAGE VIA INDONESIA AT $6,250 - BALTIC BRIEFING
Capesize
The Capesize market made new highs for the year this week after strong iron ore demand to the far east continued to develop in the mar ...
Friday, 12 June 20
CHINA CURBS COAL IMPORTS AFTER 5 MONTHS OF RECORD INFLOWS - SOURCES: REUTERS
China has stepped up customs checks for coal imports, leading to lengthy processing delays at ports, four sources familiar with the matter said, as ...
Friday, 12 June 20
COAL INDIA LIMITED SET FOR MARKETING DRIVE TO CREATE DEMAND - FINANCIAL EXPRESS
State-run miner Coal India (CIL), which is primarily focused on supplying coal to the power sector, is now reorienting its marketing to create dema ...
Friday, 12 June 20
MOODY'S REVISES BRENT OIL PRICE OUTLOOK TO $35/BARREL IN 2020 - TASS
Low oil prices are likely to exert the highest pressure on Iraq, Oman and Kuwait due to the limited space for the fiscal policy pursuit and higher ...
Thursday, 11 June 20
JAN-MAY, INDONESIA SHIPPED 175.15 MILLION TONS OF COAL TO ITS OVERSEAS BUYERS
Indonesia's coal production for the first 5 months of this year have reached 228 million tons. January – May 2020, Indonesia shipped US$ ...
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Showing 911 to 915 news of total 6871 |
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- Parry Sugars Refinery, India
- Gujarat Sidhee Cement - India
- Karaikal Port Pvt Ltd - India
- Australian Coal Association
- Indo Tambangraya Megah - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Star Paper Mills Limited - India
- Attock Cement Pakistan Limited
- PTC India Limited - India
- Aboitiz Power Corporation - Philippines
- Electricity Generating Authority of Thailand
- Indonesian Coal Mining Association
- Latin American Coal - Colombia
- Sical Logistics Limited - India
- Kartika Selabumi Mining - Indonesia
- Meenaskhi Energy Private Limited - India
- Malabar Cements Ltd - India
- Anglo American - United Kingdom
- New Zealand Coal & Carbon
- Edison Trading Spa - Italy
- Petrochimia International Co. Ltd.- Taiwan
- Interocean Group of Companies - India
- Bharathi Cement Corporation - India
- Metalloyd Limited - United Kingdom
- McConnell Dowell - Australia
- Ind-Barath Power Infra Limited - India
- Riau Bara Harum - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- SN Aboitiz Power Inc, Philippines
- Dalmia Cement Bharat India
- Agrawal Coal Company - India
- Electricity Authority, New Zealand
- Central Electricity Authority - India
- Leighton Contractors Pty Ltd - Australia
- Bulk Trading Sa - Switzerland
- Mercuria Energy - Indonesia
- Globalindo Alam Lestari - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Indogreen Group - Indonesia
- Georgia Ports Authority, United States
- Bukit Baiduri Energy - Indonesia
- Videocon Industries ltd - India
- Jaiprakash Power Ventures ltd
- Kalimantan Lumbung Energi - Indonesia
- Wood Mackenzie - Singapore
- Planning Commission, India
- Iligan Light & Power Inc, Philippines
- Gujarat Electricity Regulatory Commission - India
- Rashtriya Ispat Nigam Limited - India
- The University of Queensland
- Central Java Power - Indonesia
- Larsen & Toubro Limited - India
- Siam City Cement PLC, Thailand
- Savvy Resources Ltd - HongKong
- Carbofer General Trading SA - India
- Renaissance Capital - South Africa
- Jorong Barutama Greston.PT - Indonesia
- Standard Chartered Bank - UAE
- San Jose City I Power Corp, Philippines
- GAC Shipping (India) Pvt Ltd
- Meralco Power Generation, Philippines
- Independent Power Producers Association of India
- PowerSource Philippines DevCo
- Essar Steel Hazira Ltd - India
- Bhoruka Overseas - Indonesia
- White Energy Company Limited
- Samtan Co., Ltd - South Korea
- India Bulls Power Limited - India
- Sinarmas Energy and Mining - Indonesia
- The State Trading Corporation of India Ltd
- Mercator Lines Limited - India
- Barasentosa Lestari - Indonesia
- Bhatia International Limited - India
- Miang Besar Coal Terminal - Indonesia
- Baramulti Group, Indonesia
- Maheswari Brothers Coal Limited - India
- South Luzon Thermal Energy Corporation
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Banpu Public Company Limited - Thailand
- LBH Netherlands Bv - Netherlands
- Economic Council, Georgia
- Romanian Commodities Exchange
- Kepco SPC Power Corporation, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Trasteel International SA, Italy
- Kaltim Prima Coal - Indonesia
- Semirara Mining and Power Corporation, Philippines
- GMR Energy Limited - India
- Simpson Spence & Young - Indonesia
- Bhushan Steel Limited - India
- Binh Thuan Hamico - Vietnam
- Maharashtra Electricity Regulatory Commission - India
- Cigading International Bulk Terminal - Indonesia
- Orica Mining Services - Indonesia
- IHS Mccloskey Coal Group - USA
- Oldendorff Carriers - Singapore
- Toyota Tsusho Corporation, Japan
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Kapuas Tunggal Persada - Indonesia
- Bukit Makmur.PT - Indonesia
- CIMB Investment Bank - Malaysia
- Parliament of New Zealand
- Global Coal Blending Company Limited - Australia
- Australian Commodity Traders Exchange
- Antam Resourcindo - Indonesia
- Therma Luzon, Inc, Philippines
- Alfred C Toepfer International GmbH - Germany
- Medco Energi Mining Internasional
- Singapore Mercantile Exchange
- Semirara Mining Corp, Philippines
- Orica Australia Pty. Ltd.
- Wilmar Investment Holdings
- Manunggal Multi Energi - Indonesia
- Straits Asia Resources Limited - Singapore
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Price Waterhouse Coopers - Russia
- Eastern Energy - Thailand
- Coal and Oil Company - UAE
- Timah Investasi Mineral - Indoneisa
- Bayan Resources Tbk. - Indonesia
- Chettinad Cement Corporation Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- Indian Oil Corporation Limited
- Holcim Trading Pte Ltd - Singapore
- OPG Power Generation Pvt Ltd - India
- Thai Mozambique Logistica
- Ambuja Cements Ltd - India
- Lanco Infratech Ltd - India
- Minerals Council of Australia
- ASAPP Information Group - India
- TNB Fuel Sdn Bhd - Malaysia
- Madhucon Powers Ltd - India
- Ceylon Electricity Board - Sri Lanka
- Pipit Mutiara Jaya. PT, Indonesia
- London Commodity Brokers - England
- Sree Jayajothi Cements Limited - India
- European Bulk Services B.V. - Netherlands
- Gujarat Mineral Development Corp Ltd - India
- AsiaOL BioFuels Corp., Philippines
- Africa Commodities Group - South Africa
- Coastal Gujarat Power Limited - India
- Posco Energy - South Korea
- Thiess Contractors Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Commonwealth Bank - Australia
- Goldman Sachs - Singapore
- Global Business Power Corporation, Philippines
- Heidelberg Cement - Germany
- Petron Corporation, Philippines
- Vizag Seaport Private Limited - India
- CNBM International Corporation - China
- Neyveli Lignite Corporation Ltd, - India
- The Treasury - Australian Government
- Sojitz Corporation - Japan
- Pendopo Energi Batubara - Indonesia
- Mjunction Services Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Tamil Nadu electricity Board
- Merrill Lynch Commodities Europe
- Grasim Industreis Ltd - India
- Bangladesh Power Developement Board
- Aditya Birla Group - India
- Tata Chemicals Ltd - India
- Ministry of Mines - Canada
- Ministry of Finance - Indonesia
- SMG Consultants - Indonesia
- IEA Clean Coal Centre - UK
- Indika Energy - Indonesia
- Sindya Power Generating Company Private Ltd
- GVK Power & Infra Limited - India
- Indian Energy Exchange, India
- Makarim & Taira - Indonesia
- Kideco Jaya Agung - Indonesia
- Ministry of Transport, Egypt
- Jindal Steel & Power Ltd - India
- VISA Power Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Formosa Plastics Group - Taiwan
- Eastern Coal Council - USA
- Xindia Steels Limited - India
- Chamber of Mines of South Africa
- Altura Mining Limited, Indonesia
- Port Waratah Coal Services - Australia
- MS Steel International - UAE
- Kobexindo Tractors - Indoneisa
- Bank of Tokyo Mitsubishi UFJ Ltd
- Mintek Dendrill Indonesia
- Energy Development Corp, Philippines
- PetroVietnam Power Coal Import and Supply Company
- Global Green Power PLC Corporation, Philippines
- Cement Manufacturers Association - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Directorate General of MIneral and Coal - Indonesia
- Rio Tinto Coal - Australia
- Marubeni Corporation - India
- Borneo Indobara - Indonesia
- Uttam Galva Steels Limited - India
- Coalindo Energy - Indonesia
- Kumho Petrochemical, South Korea
- PNOC Exploration Corporation - Philippines
- Asmin Koalindo Tuhup - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- SMC Global Power, Philippines
- Power Finance Corporation Ltd., India
- TeaM Sual Corporation - Philippines
- Intertek Mineral Services - Indonesia
- Energy Link Ltd, New Zealand
- International Coal Ventures Pvt Ltd - India
- ICICI Bank Limited - India
- Directorate Of Revenue Intelligence - India
- Vedanta Resources Plc - India
- Salva Resources Pvt Ltd - India
- Siam City Cement - Thailand
- Sakthi Sugars Limited - India
- Deloitte Consulting - India
- Sarangani Energy Corporation, Philippines
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