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Tuesday, 07 July 20
COAL INDIA WORKERS STRIKE CUTS OUTPUT BY 56%: OFFICIAL - REUTERS
A strike at Coal India Ltd cut production by 56% in the three days ending July 4 as workers oppose opening up coal mining to the private sector, a senior company official told Reuters.
The world’s largest coal miner’s production fell to 573,000 tonnes per day over the three days, compared with a June average output of 1.29 million tonnes per day.
Offtake by customers, such as power generators, fell nearly 62% to an average of about 536,000 tonnes per day, the official said.
“The production was higher than what was initially anticipated internally,” the official said, adding that output increased progressively over the three days.
The state-run miner reported a third straight decline in monthly production in June, as national coronavirus lockdowns cut demand.
The company, which wants to produce 1 billion tonnes of coal by 2023/24, saw its annual output fall for the first time in more than two decades in 2019/20.
Provisional government data showed electricity demand fell 9.9% in June, suggesting a recovery amid greater consumption in industrial western states as India slowly lifts restrictions and allows factories and offices to operate.
However, analysts expect power usage during the current financial year to fall for the first time in decades.
Utilities have refrained from purchases of coal amid stockpiles expected to last for weeks and Coal India’s own inventory hitting record highs.
Source: Reuters (Reporting by Sudarshan Varadhan; editing by Jason Neely)
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Monday, 20 July 20
COAL INDIA LAUNCHES SPECIAL CATEGORY OF E-AUCTION FOR COAL IMPORTERS - BUSINESS STANDARD
Coal India (CIL) on Friday launched a special category of e-auction for importers of coal. This is in line with the government’s declaration ...
Monday, 20 July 20
OIL PRICE OF $40-43 PER BARREL MORE OR LESS BALANCED - NOVAK | TASS
The Russian Ministry of Energy considers the current oil price of $40-43 per barrel more or less balanced and does not expect price changes after t ...
Monday, 20 July 20
SUPRAMAX: A 63,000 OPEN NORTH CHINA FIXING AN AUSTRALIAN ROUND IN THE LOW $10,000S - BALTIC BRIEFING
Capesize
The capesize market showed some resistance this week to recent losses as all routes saw a small uptick in value to end the week. With ...
Friday, 17 July 20
MISC MALAYSIA ENTERS INTO PURCHASE AGREEMENTS AND TIME CHARTER PARTIES FOR SIX VLECS
MISC Berhad (MISC) has entered into Memorandum of Agreements (MOAs) with six indirect wholly-owned subsidiaries of Zhejiang Satellite Petrochem ...
Wednesday, 15 July 20
HOW MEANINGFUL ARE SOME ESTIMATES FOR INDIA’S COAL CONSUMPTION DATA? - IEEFA
In recent years, BP's estimates for India have contained what appears to be a record of over-optimistic projections
BP’s a ...
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- Bukit Makmur.PT - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Neyveli Lignite Corporation Ltd, - India
- Dalmia Cement Bharat India
- Mintek Dendrill Indonesia
- Videocon Industries ltd - India
- Mjunction Services Limited - India
- Parliament of New Zealand
- Economic Council, Georgia
- Orica Australia Pty. Ltd.
- Renaissance Capital - South Africa
- Bukit Baiduri Energy - Indonesia
- Banpu Public Company Limited - Thailand
- Planning Commission, India
- Bhushan Steel Limited - India
- Iligan Light & Power Inc, Philippines
- MS Steel International - UAE
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- International Coal Ventures Pvt Ltd - India
- Riau Bara Harum - Indonesia
- White Energy Company Limited
- Holcim Trading Pte Ltd - Singapore
- Xindia Steels Limited - India
- Orica Mining Services - Indonesia
- CNBM International Corporation - China
- SMG Consultants - Indonesia
- TeaM Sual Corporation - Philippines
- Pendopo Energi Batubara - Indonesia
- Global Coal Blending Company Limited - Australia
- Energy Development Corp, Philippines
- Bulk Trading Sa - Switzerland
- McConnell Dowell - Australia
- Central Java Power - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Wood Mackenzie - Singapore
- Bharathi Cement Corporation - India
- Global Business Power Corporation, Philippines
- Coal and Oil Company - UAE
- Miang Besar Coal Terminal - Indonesia
- Commonwealth Bank - Australia
- Cigading International Bulk Terminal - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Ambuja Cements Ltd - India
- Standard Chartered Bank - UAE
- Rashtriya Ispat Nigam Limited - India
- Global Green Power PLC Corporation, Philippines
- SN Aboitiz Power Inc, Philippines
- The Treasury - Australian Government
- Tata Chemicals Ltd - India
- Vedanta Resources Plc - India
- Directorate General of MIneral and Coal - Indonesia
- Meralco Power Generation, Philippines
- Indogreen Group - Indonesia
- New Zealand Coal & Carbon
- Straits Asia Resources Limited - Singapore
- Larsen & Toubro Limited - India
- Rio Tinto Coal - Australia
- Chamber of Mines of South Africa
- Grasim Industreis Ltd - India
- ICICI Bank Limited - India
- CIMB Investment Bank - Malaysia
- Indian Energy Exchange, India
- Sinarmas Energy and Mining - Indonesia
- Therma Luzon, Inc, Philippines
- Alfred C Toepfer International GmbH - Germany
- Kapuas Tunggal Persada - Indonesia
- PTC India Limited - India
- Power Finance Corporation Ltd., India
- Baramulti Group, Indonesia
- Trasteel International SA, Italy
- Uttam Galva Steels Limited - India
- IEA Clean Coal Centre - UK
- Electricity Generating Authority of Thailand
- Sojitz Corporation - Japan
- Karaikal Port Pvt Ltd - India
- Ceylon Electricity Board - Sri Lanka
- Indonesian Coal Mining Association
- Africa Commodities Group - South Africa
- Merrill Lynch Commodities Europe
- Kumho Petrochemical, South Korea
- Thiess Contractors Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- Bhatia International Limited - India
- GVK Power & Infra Limited - India
- Sakthi Sugars Limited - India
- Petron Corporation, Philippines
- San Jose City I Power Corp, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Simpson Spence & Young - Indonesia
- GMR Energy Limited - India
- Samtan Co., Ltd - South Korea
- Interocean Group of Companies - India
- OPG Power Generation Pvt Ltd - India
- Agrawal Coal Company - India
- Bhoruka Overseas - Indonesia
- Central Electricity Authority - India
- Anglo American - United Kingdom
- Carbofer General Trading SA - India
- PNOC Exploration Corporation - Philippines
- Australian Coal Association
- Eastern Coal Council - USA
- IHS Mccloskey Coal Group - USA
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Chettinad Cement Corporation Ltd - India
- Ministry of Finance - Indonesia
- Lanco Infratech Ltd - India
- Semirara Mining and Power Corporation, Philippines
- Asmin Koalindo Tuhup - Indonesia
- Kobexindo Tractors - Indoneisa
- Kartika Selabumi Mining - Indonesia
- European Bulk Services B.V. - Netherlands
- Ministry of Transport, Egypt
- Coalindo Energy - Indonesia
- Siam City Cement PLC, Thailand
- Parry Sugars Refinery, India
- Sarangani Energy Corporation, Philippines
- Gujarat Electricity Regulatory Commission - India
- Gujarat Mineral Development Corp Ltd - India
- Goldman Sachs - Singapore
- Savvy Resources Ltd - HongKong
- LBH Netherlands Bv - Netherlands
- The University of Queensland
- VISA Power Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Latin American Coal - Colombia
- Timah Investasi Mineral - Indoneisa
- India Bulls Power Limited - India
- Indian Oil Corporation Limited
- Antam Resourcindo - Indonesia
- Makarim & Taira - Indonesia
- Madhucon Powers Ltd - India
- Electricity Authority, New Zealand
- Salva Resources Pvt Ltd - India
- Indika Energy - Indonesia
- Borneo Indobara - Indonesia
- Coastal Gujarat Power Limited - India
- Medco Energi Mining Internasional
- Krishnapatnam Port Company Ltd. - India
- GAC Shipping (India) Pvt Ltd
- Ministry of Mines - Canada
- Metalloyd Limited - United Kingdom
- Karbindo Abesyapradhi - Indoneisa
- Wilmar Investment Holdings
- Romanian Commodities Exchange
- Essar Steel Hazira Ltd - India
- Oldendorff Carriers - Singapore
- Attock Cement Pakistan Limited
- Maheswari Brothers Coal Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Thai Mozambique Logistica
- Kideco Jaya Agung - Indonesia
- Aditya Birla Group - India
- The State Trading Corporation of India Ltd
- AsiaOL BioFuels Corp., Philippines
- Jorong Barutama Greston.PT - Indonesia
- Semirara Mining Corp, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Heidelberg Cement - Germany
- Vizag Seaport Private Limited - India
- Independent Power Producers Association of India
- Siam City Cement - Thailand
- Georgia Ports Authority, United States
- Cement Manufacturers Association - India
- Intertek Mineral Services - Indonesia
- Minerals Council of Australia
- Bangladesh Power Developement Board
- Ind-Barath Power Infra Limited - India
- Posco Energy - South Korea
- Bahari Cakrawala Sebuku - Indonesia
- Meenaskhi Energy Private Limited - India
- Indo Tambangraya Megah - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Maharashtra Electricity Regulatory Commission - India
- Barasentosa Lestari - Indonesia
- Manunggal Multi Energi - Indonesia
- Mercuria Energy - Indonesia
- Edison Trading Spa - Italy
- Eastern Energy - Thailand
- Malabar Cements Ltd - India
- Port Waratah Coal Services - Australia
- Deloitte Consulting - India
- South Luzon Thermal Energy Corporation
- Bank of Tokyo Mitsubishi UFJ Ltd
- Kepco SPC Power Corporation, Philippines
- Aboitiz Power Corporation - Philippines
- Formosa Plastics Group - Taiwan
- PetroVietnam Power Coal Import and Supply Company
- Sindya Power Generating Company Private Ltd
- SMC Global Power, Philippines
- Altura Mining Limited, Indonesia
- Directorate Of Revenue Intelligence - India
- London Commodity Brokers - England
- Offshore Bulk Terminal Pte Ltd, Singapore
- PowerSource Philippines DevCo
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Star Paper Mills Limited - India
- Sical Logistics Limited - India
- Binh Thuan Hamico - Vietnam
- Jindal Steel & Power Ltd - India
- ASAPP Information Group - India
- Mercator Lines Limited - India
- Jaiprakash Power Ventures ltd
- Globalindo Alam Lestari - Indonesia
- Sree Jayajothi Cements Limited - India
- Price Waterhouse Coopers - Russia
- Tamil Nadu electricity Board
- Gujarat Sidhee Cement - India
- Billiton Holdings Pty Ltd - Australia
- Singapore Mercantile Exchange
- Bayan Resources Tbk. - Indonesia
- Marubeni Corporation - India
- Energy Link Ltd, New Zealand
- Australian Commodity Traders Exchange
- Toyota Tsusho Corporation, Japan
- Kaltim Prima Coal - Indonesia
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