We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please
click here .
To get the WTI oil price , please enable Javascript.
To get the BRENT oil price , please enable Javascript.
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
If you believe an article violates your rights or the rights of others, please contact us .
Saturday, 08 May 21
THE COAL-TO-RENEWABLES TRANSITION TAKES OFF - IEEFA
Pre-Biden changes underscore coming 10-year wave of coal plant retirements
The traditional S-curve growth exhibited by disruptive te ...
Friday, 07 May 21
CHINA'S TOTAL COAL IMPORTS FOR 2020 REACHED A VOLUME OF 304 MILLION TONS - ASSOCARBONI
Our benchmarks, manufacturing Countries like China, Germany, Japan, India, South Korea and Taiwan will continue to use a mix of coal and nuclear to ...
Friday, 07 May 21
SEABORNE WORLD COAL TRADE CLOSED 2020 IN NEGATIVE - ASSOCARBONI
Coal confirmed its leadership as leading fuel for electricity generation also in 2020, accounting for 38% of overall production. For the first time ...
Friday, 07 May 21
INDONESIA'S THERMAL COAL EXPORTS IN 2020 DECREASED BY 13%; INDIA REMAINED THE TOP DESTINATION FOR INDONESIAN COAL - ASSOCARBONI
An increase in seaborne trade is forecast for 2022, driven by markets in Southeast Asia, where growing demand for coal from Bangladesh, the Philipp ...
Friday, 30 April 21
HIGH-SULPHUR FUEL OIL SALES REBOUND AFTER PRE-IMO 2020 - BIMCO
HSFO sales are up 47.2% from Q1 2020, reaching 3.1m tonnes. This is however still less than a third of high-sulphur fuel sales in Q1 2019, before t ...
Showing 321 to 325 news of total 6603
Iligan Light & Power Inc, Philippines
GVK Power & Infra Limited - India
Port Waratah Coal Services - Australia
SMC Global Power, Philippines
Dong Bac Coal Mineral Investment Coporation - Vietnam
Commonwealth Bank - Australia
Romanian Commodities Exchange
Energy Link Ltd, New Zealand
Chettinad Cement Corporation Ltd - India
Ministry of Mines - Canada
Essar Steel Hazira Ltd - India
Kideco Jaya Agung - Indonesia
Billiton Holdings Pty Ltd - Australia
Dalmia Cement Bharat India
Electricity Authority, New Zealand
Gujarat Sidhee Cement - India
Baramulti Group, Indonesia
Kapuas Tunggal Persada - Indonesia
Madhucon Powers Ltd - India
Trasteel International SA, Italy
Sical Logistics Limited - India
Mjunction Services Limited - India
Australian Commodity Traders Exchange
Global Business Power Corporation, Philippines
Kohat Cement Company Ltd. - Pakistan
Indian Energy Exchange, India
PowerSource Philippines DevCo
Altura Mining Limited, Indonesia
Uttam Galva Steels Limited - India
Asmin Koalindo Tuhup - Indonesia
Bhushan Steel Limited - India
Therma Luzon, Inc, Philippines
Tata Chemicals Ltd - India
Cement Manufacturers Association - India
Larsen & Toubro Limited - India
Heidelberg Cement - Germany
Independent Power Producers Association of India
Kepco SPC Power Corporation, Philippines
Standard Chartered Bank - UAE
Orica Mining Services - Indonesia
Goldman Sachs - Singapore
Sree Jayajothi Cements Limited - India
Meralco Power Generation, Philippines
Thiess Contractors Indonesia
Simpson Spence & Young - Indonesia
Kaltim Prima Coal - Indonesia
Global Coal Blending Company Limited - Australia
Eastern Coal Council - USA
McConnell Dowell - Australia
Sakthi Sugars Limited - India
Aboitiz Power Corporation - Philippines
Chamber of Mines of South Africa
IEA Clean Coal Centre - UK
Parry Sugars Refinery, India
Minerals Council of Australia
Semirara Mining and Power Corporation, Philippines
Mintek Dendrill Indonesia
Coalindo Energy - Indonesia
Economic Council, Georgia
Agrawal Coal Company - India
Sojitz Corporation - Japan
CNBM International Corporation - China
Mercator Lines Limited - India
Samtan Co., Ltd - South Korea
Ind-Barath Power Infra Limited - India
Holcim Trading Pte Ltd - Singapore
Offshore Bulk Terminal Pte Ltd, Singapore
Maharashtra Electricity Regulatory Commission - India
Thai Mozambique Logistica
Straits Asia Resources Limited - Singapore
Bangladesh Power Developement Board
Truba Alam Manunggal Engineering.Tbk - Indonesia
Parliament of New Zealand
Dr Ramakrishna Prasad Power Pvt Ltd - India
IHS Mccloskey Coal Group - USA
Gujarat Mineral Development Corp Ltd - India
Bank of Tokyo Mitsubishi UFJ Ltd
PetroVietnam Power Coal Import and Supply Company
Antam Resourcindo - Indonesia
Planning Commission, India
Karbindo Abesyapradhi - Indoneisa
Sinarmas Energy and Mining - Indonesia
Australian Coal Association
Renaissance Capital - South Africa
Interocean Group of Companies - India
CIMB Investment Bank - Malaysia
Jaiprakash Power Ventures ltd
Semirara Mining Corp, Philippines
Petron Corporation, Philippines
Georgia Ports Authority, United States
Metalloyd Limited - United Kingdom
Marubeni Corporation - India
Directorate Of Revenue Intelligence - India
Salva Resources Pvt Ltd - India
Bharathi Cement Corporation - India
The Treasury - Australian Government
Tamil Nadu electricity Board
Vijayanagar Sugar Pvt Ltd - India
Coastal Gujarat Power Limited - India
Pendopo Energi Batubara - Indonesia
Indo Tambangraya Megah - Indonesia
PNOC Exploration Corporation - Philippines
The University of Queensland
Carbofer General Trading SA - India
Sarangani Energy Corporation, Philippines
GAC Shipping (India) Pvt Ltd
South Luzon Thermal Energy Corporation
Kumho Petrochemical, South Korea
Price Waterhouse Coopers - Russia
Bukit Makmur.PT - Indonesia
Ministry of Transport, Egypt
Aditya Birla Group - India
ICICI Bank Limited - India
Rio Tinto Coal - Australia
India Bulls Power Limited - India
GN Power Mariveles Coal Plant, Philippines
New Zealand Coal & Carbon
Grasim Industreis Ltd - India
Wilmar Investment Holdings
Africa Commodities Group - South Africa
Indonesian Coal Mining Association
Intertek Mineral Services - Indonesia
Orica Australia Pty. Ltd.
Medco Energi Mining Internasional
Indogreen Group - Indonesia
Maheswari Brothers Coal Limited - India
Manunggal Multi Energi - Indonesia
Merrill Lynch Commodities Europe
Bukit Asam (Persero) Tbk - Indonesia
Barasentosa Lestari - Indonesia
Coal and Oil Company - UAE
Lanco Infratech Ltd - India
Ministry of Finance - Indonesia
PTC India Limited - India
Latin American Coal - Colombia
Kalimantan Lumbung Energi - Indonesia
OPG Power Generation Pvt Ltd - India
Anglo American - United Kingdom
Vedanta Resources Plc - India
Bayan Resources Tbk. - Indonesia
Edison Trading Spa - Italy
Kobexindo Tractors - Indoneisa
The State Trading Corporation of India Ltd
White Energy Company Limited
Jindal Steel & Power Ltd - India
Krishnapatnam Port Company Ltd. - India
Mercuria Energy - Indonesia
Karaikal Port Pvt Ltd - India
Formosa Plastics Group - Taiwan
ASAPP Information Group - India
Asia Pacific Energy Resources Ventures Inc, Philippines
Ambuja Cements Ltd - India
Siam City Cement - Thailand
VISA Power Limited - India
Siam City Cement PLC, Thailand
Rashtriya Ispat Nigam Limited - India
TeaM Sual Corporation - Philippines
SN Aboitiz Power Inc, Philippines
International Coal Ventures Pvt Ltd - India
Makarim & Taira - Indonesia
Kartika Selabumi Mining - Indonesia
Jorong Barutama Greston.PT - Indonesia
Savvy Resources Ltd - HongKong
Borneo Indobara - Indonesia
Sindya Power Generating Company Private Ltd
SMG Consultants - Indonesia
Meenaskhi Energy Private Limited - India
GMR Energy Limited - India
European Bulk Services B.V. - Netherlands
Neyveli Lignite Corporation Ltd, - India
Indian Oil Corporation Limited
Xindia Steels Limited - India
Filglen & Citicon Mining (HK) Ltd - Hong Kong
Banpu Public Company Limited - Thailand
Bahari Cakrawala Sebuku - Indonesia
Gujarat Electricity Regulatory Commission - India
Binh Thuan Hamico - Vietnam
Central Java Power - Indonesia
Wood Mackenzie - Singapore
Pipit Mutiara Jaya. PT, Indonesia
San Jose City I Power Corp, Philippines
Eastern Energy - Thailand
Vizag Seaport Private Limited - India
Alfred C Toepfer International GmbH - Germany
Central Electricity Authority - India
Bulk Trading Sa - Switzerland
Bhatia International Limited - India
LBH Netherlands Bv - Netherlands
AsiaOL BioFuels Corp., Philippines
Oldendorff Carriers - Singapore
Attock Cement Pakistan Limited
Toyota Tsusho Corporation, Japan
Posco Energy - South Korea
Timah Investasi Mineral - Indoneisa
Cigading International Bulk Terminal - Indonesia
Indika Energy - Indonesia
Leighton Contractors Pty Ltd - Australia
Ceylon Electricity Board - Sri Lanka
Deloitte Consulting - India
Global Green Power PLC Corporation, Philippines
Globalindo Alam Lestari - Indonesia
Riau Bara Harum - Indonesia
Singapore Mercantile Exchange
Bukit Baiduri Energy - Indonesia
Videocon Industries ltd - India
Bhoruka Overseas - Indonesia
Malabar Cements Ltd - India
Energy Development Corp, Philippines
TNB Fuel Sdn Bhd - Malaysia
Petrochimia International Co. Ltd.- Taiwan
MS Steel International - UAE
Star Paper Mills Limited - India
London Commodity Brokers - England
Miang Besar Coal Terminal - Indonesia
Power Finance Corporation Ltd., India
Directorate General of MIneral and Coal - Indonesia
Electricity Generating Authority of Thailand