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Thursday, 26 November 20
COAL FINANCING QUICKLY DRYING UP WORLDWIDE - ANALYSTS : REUTERS
Financing for coal projects is drying up at ever increasing rates as more countries target zero carbon emissions amid an energy transition sweeping the world, participants at Asia’s biggest gathering of the coal industry said on Tuesday.
The exit from coal by big international banks and government-backed agencies, which has accelerated this year, is likely to push coal companies to use offsets to get funding and listed ones to go private to avoid shareholder pressure as the dirtiest fossil fuel is increasingly shunned.
With insurance companies, banks and other financiers pulling out of coal “we are seeing a real tide of all these forces moving in capital markets,” Lachlan Shaw, head of commodities research at ANZ, said at the virtual Coaltrans Asia conference. “What’s changed more recently is we have seen China, Japan and South Korea all commit to net-zero carbon emissions targets,” he said.
Carbon trading and offsets will become important tools companies to get finance for new projects, so they “can go to the financial markets and say we have a package here that is totally offset from a carbon emissions point of view,” he said.
Shaw said he expects more public listed companies to go private as shareholders focus more on the risks to investments from coal.
Even cleaner projects such as a coal gasification plant in Indonesia under consideration by coal miner PT Bukit Asam will struggle to obtain finance, said Ben Lawson, vice-chairman of the Djakarta Mining Club and chief operating officer of PT Sandman Coal Indonesia. “Even though gasification is the cleanest way of extracting power or downstream product for coal, its still coal,” he told the conference. To get financing, “I think its going to be a hard sell.”
- Aaron Sheldrick and Fransiska Nangoy -
Source: Reuters
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Tuesday, 08 December 20
MARKET ANALYSIS - ALLIED SHIPPING
It is now undisputed that oil consumption for 2020 will post a considerable drop, as demand for several petroleum products has plummeted since the ...
Tuesday, 08 December 20
PANAMAX: THE OVERALL MARKET SEEMS TO BE UNDER NEGATIVE PRESSURE - ALLIED
Capesize
A rather indifferent week for the Capesize market, with BCI 5TC figure finishing the week with slight losses of 0.8%. The Atlantic enj ...
Friday, 04 December 20
CHINA'S BENCHMARK POWER COAL PRICE EDGES UP - XINHUA
China’s benchmark power coal price rose slightly during the past week.
The Bohai-Rim Steam-Coal Price Index (BSPI), a gauge of ...
Friday, 04 December 20
THE INDONESIA COAL PRICE REFERENCE REACHES THREE MONTH HIGH ON IMPROVING DEMAND OUTLOOK
COALspot.com: The Indonesia Coal Price Reference reaches three month high on improving demand outlook . The Indonesia Coal Price Reference rose by& ...
Wednesday, 02 December 20
GLOBAL MINING SECTOR OUTLOOK STABLE DUE TO CHINA'S RECOVERY - FITCH RATINGS
China’s post-pandemic economic recovery and sizeable infrastructure-focused government stimulus boosted global metals and mining prices, help ...
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Showing 716 to 720 news of total 6871 |
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- Siam City Cement PLC, Thailand
- Heidelberg Cement - Germany
- Formosa Plastics Group - Taiwan
- TNB Fuel Sdn Bhd - Malaysia
- Uttam Galva Steels Limited - India
- Central Java Power - Indonesia
- Indo Tambangraya Megah - Indonesia
- Commonwealth Bank - Australia
- Riau Bara Harum - Indonesia
- Interocean Group of Companies - India
- Kepco SPC Power Corporation, Philippines
- Krishnapatnam Port Company Ltd. - India
- Lanco Infratech Ltd - India
- Orica Mining Services - Indonesia
- Aboitiz Power Corporation - Philippines
- IHS Mccloskey Coal Group - USA
- Offshore Bulk Terminal Pte Ltd, Singapore
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Timah Investasi Mineral - Indoneisa
- PetroVietnam Power Coal Import and Supply Company
- Manunggal Multi Energi - Indonesia
- Kobexindo Tractors - Indoneisa
- Tamil Nadu electricity Board
- Gujarat Sidhee Cement - India
- Mercator Lines Limited - India
- Borneo Indobara - Indonesia
- Cement Manufacturers Association - India
- Madhucon Powers Ltd - India
- Coastal Gujarat Power Limited - India
- Africa Commodities Group - South Africa
- Rashtriya Ispat Nigam Limited - India
- Straits Asia Resources Limited - Singapore
- Karaikal Port Pvt Ltd - India
- Altura Mining Limited, Indonesia
- Antam Resourcindo - Indonesia
- OPG Power Generation Pvt Ltd - India
- Eastern Energy - Thailand
- Kohat Cement Company Ltd. - Pakistan
- Australian Coal Association
- Wood Mackenzie - Singapore
- White Energy Company Limited
- MS Steel International - UAE
- Toyota Tsusho Corporation, Japan
- IEA Clean Coal Centre - UK
- International Coal Ventures Pvt Ltd - India
- The University of Queensland
- Australian Commodity Traders Exchange
- Economic Council, Georgia
- Bangladesh Power Developement Board
- Bulk Trading Sa - Switzerland
- Parry Sugars Refinery, India
- Kalimantan Lumbung Energi - Indonesia
- Ambuja Cements Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Karbindo Abesyapradhi - Indoneisa
- Gujarat Electricity Regulatory Commission - India
- Renaissance Capital - South Africa
- Trasteel International SA, Italy
- Mercuria Energy - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Coalindo Energy - Indonesia
- Sree Jayajothi Cements Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Indian Energy Exchange, India
- Indogreen Group - Indonesia
- Makarim & Taira - Indonesia
- Sarangani Energy Corporation, Philippines
- ICICI Bank Limited - India
- Bhoruka Overseas - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- SMG Consultants - Indonesia
- Kaltim Prima Coal - Indonesia
- Grasim Industreis Ltd - India
- GMR Energy Limited - India
- PTC India Limited - India
- Independent Power Producers Association of India
- Minerals Council of Australia
- Binh Thuan Hamico - Vietnam
- PNOC Exploration Corporation - Philippines
- Agrawal Coal Company - India
- Indika Energy - Indonesia
- VISA Power Limited - India
- Cigading International Bulk Terminal - Indonesia
- Meralco Power Generation, Philippines
- Standard Chartered Bank - UAE
- Directorate General of MIneral and Coal - Indonesia
- Posco Energy - South Korea
- Vijayanagar Sugar Pvt Ltd - India
- Ceylon Electricity Board - Sri Lanka
- Chettinad Cement Corporation Ltd - India
- European Bulk Services B.V. - Netherlands
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Bukit Baiduri Energy - Indonesia
- Leighton Contractors Pty Ltd - Australia
- TeaM Sual Corporation - Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Meenaskhi Energy Private Limited - India
- Videocon Industries ltd - India
- Marubeni Corporation - India
- Malabar Cements Ltd - India
- Iligan Light & Power Inc, Philippines
- Ministry of Mines - Canada
- LBH Netherlands Bv - Netherlands
- Banpu Public Company Limited - Thailand
- Indonesian Coal Mining Association
- Globalindo Alam Lestari - Indonesia
- Romanian Commodities Exchange
- Bayan Resources Tbk. - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Thiess Contractors Indonesia
- Pendopo Energi Batubara - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Intertek Mineral Services - Indonesia
- Ministry of Transport, Egypt
- Vizag Seaport Private Limited - India
- Tata Chemicals Ltd - India
- Global Green Power PLC Corporation, Philippines
- Coal and Oil Company - UAE
- Directorate Of Revenue Intelligence - India
- Salva Resources Pvt Ltd - India
- Rio Tinto Coal - Australia
- Ministry of Finance - Indonesia
- Bukit Makmur.PT - Indonesia
- Electricity Generating Authority of Thailand
- Singapore Mercantile Exchange
- Central Electricity Authority - India
- SMC Global Power, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Sindya Power Generating Company Private Ltd
- Bukit Asam (Persero) Tbk - Indonesia
- Simpson Spence & Young - Indonesia
- Dalmia Cement Bharat India
- Bharathi Cement Corporation - India
- Gujarat Mineral Development Corp Ltd - India
- Siam City Cement - Thailand
- Sakthi Sugars Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Eastern Coal Council - USA
- Kideco Jaya Agung - Indonesia
- Electricity Authority, New Zealand
- CIMB Investment Bank - Malaysia
- Sojitz Corporation - Japan
- The Treasury - Australian Government
- Xindia Steels Limited - India
- SN Aboitiz Power Inc, Philippines
- McConnell Dowell - Australia
- Semirara Mining and Power Corporation, Philippines
- London Commodity Brokers - England
- Energy Development Corp, Philippines
- Therma Luzon, Inc, Philippines
- Asmin Koalindo Tuhup - Indonesia
- Kumho Petrochemical, South Korea
- Mintek Dendrill Indonesia
- India Bulls Power Limited - India
- The State Trading Corporation of India Ltd
- Savvy Resources Ltd - HongKong
- Medco Energi Mining Internasional
- Kartika Selabumi Mining - Indonesia
- Power Finance Corporation Ltd., India
- Aditya Birla Group - India
- Energy Link Ltd, New Zealand
- Anglo American - United Kingdom
- Ind-Barath Power Infra Limited - India
- PowerSource Philippines DevCo
- CNBM International Corporation - China
- Wilmar Investment Holdings
- Orica Australia Pty. Ltd.
- Global Coal Blending Company Limited - Australia
- Kapuas Tunggal Persada - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Carbofer General Trading SA - India
- GAC Shipping (India) Pvt Ltd
- Bhatia International Limited - India
- Samtan Co., Ltd - South Korea
- Edison Trading Spa - Italy
- Petrochimia International Co. Ltd.- Taiwan
- Price Waterhouse Coopers - Russia
- Star Paper Mills Limited - India
- Miang Besar Coal Terminal - Indonesia
- Chamber of Mines of South Africa
- Attock Cement Pakistan Limited
- Latin American Coal - Colombia
- New Zealand Coal & Carbon
- Global Business Power Corporation, Philippines
- Essar Steel Hazira Ltd - India
- Planning Commission, India
- Neyveli Lignite Corporation Ltd, - India
- Jaiprakash Power Ventures ltd
- Sical Logistics Limited - India
- Metalloyd Limited - United Kingdom
- Petron Corporation, Philippines
- Deloitte Consulting - India
- Vedanta Resources Plc - India
- Georgia Ports Authority, United States
- Larsen & Toubro Limited - India
- Merrill Lynch Commodities Europe
- AsiaOL BioFuels Corp., Philippines
- Bhushan Steel Limited - India
- Jindal Steel & Power Ltd - India
- Indian Oil Corporation Limited
- Semirara Mining Corp, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Parliament of New Zealand
- GVK Power & Infra Limited - India
- Barasentosa Lestari - Indonesia
- Thai Mozambique Logistica
- Asia Pacific Energy Resources Ventures Inc, Philippines
- San Jose City I Power Corp, Philippines
- Port Waratah Coal Services - Australia
- Mjunction Services Limited - India
- Goldman Sachs - Singapore
- Oldendorff Carriers - Singapore
- Maheswari Brothers Coal Limited - India
- ASAPP Information Group - India
- Baramulti Group, Indonesia
- South Luzon Thermal Energy Corporation
- Alfred C Toepfer International GmbH - Germany
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