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Tuesday, 02 January 24
SINOPEC FORECASTS CHINA’S COAL CONSUMPTION TO PEAK AROUND 2025 - REUTERS
China Petrochemical Corp, or Sinopec, expects coal consumption to peak around 2025 at 4.37 billion metric tons, the state energy group said in an outlook released on Thursday.
Non-fossil energy supply, led by solar and wind, will likely exceed the equivalence of 3 billion metric tons of standard coal by 2045 to become the dominant energy source for more than half of primary energy consumption, Sinopec said in the 2060 outlook, which was released in Beijing.
Oil consumption is projected to peak around the middle of 2026-2030 at 800 million metric tons, or about 16 million barrels per day, partly due to faster-than-expected expansion in the new energy vehicle sector, Sinopec added.
China, the world’s second-largest oil consumer, is estimated to use 760 million tons, or 15.2 million bpd of oil this year.
Sinopec also forecast China’s demand for natural gas – a key bridge fuel before reaching carbon neutrality – to reach a plateau at around 2040 of 610 billion cubic meters (bcm) to account for 13% of primary energy use. This compares with 425 bcm and 9% of primary energy consumption projected for 2025.
China’s total carbon emissions from energy activities are expected to peak during the 15th Five-Year Plan period at 10.1 billion metric tons, up from 10.02 billion tons in 2023.
Source: Reuters
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Monday, 08 January 24
KOSPO TO BUY 80000 MT OF INDONESIAN LOW CALORIFIC VALUE COAL FOR FEB 2024
Korea Southern Power Co., Ltd. (KOSPO), is inviting bids for the supply of Indonesian Low Calorific Value Coal from qualified suppliers for Korean ...
Monday, 08 January 24
SEABORNE TRADE REACHES 12.4BN TONNES - CLARKSONS
China will establish a back-up coal production system by 2027 to stabilise prices and secure coal supply, the state planner said on Wednesday, even ...
Monday, 08 January 24
CAPESIZES START THE NEW YEAR ON POSITIVE NOTE - BALTIC EXCHANGE
Capesize
This week the capsize market has been marked by a mix of activities and challenges. Despite a slow start following the Christmas and N ...
Friday, 05 January 24
MORGAN STANLEY SEES LOWER OIL PRICES IN 2024 ON OVERSUPPLY CONCERNS - REUTERS
Morgan Stanley sees Brent crude prices anchored near $80 per barrel in the first half in 2024 before declining towards the end of the year as it ex ...
Friday, 05 January 24
INDIA'S COAL OUTPUT RISES NEARLY 11 PC IN DEC TO 92.87 MT - PTI
India’s coal production increased by 10.75 per cent to 92.87 million tonne in December 2023 as compared to the year-ago period, an official s ...
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- Anglo American - United Kingdom
- Timah Investasi Mineral - Indoneisa
- Posco Energy - South Korea
- Simpson Spence & Young - Indonesia
- Standard Chartered Bank - UAE
- MS Steel International - UAE
- Cigading International Bulk Terminal - Indonesia
- Port Waratah Coal Services - Australia
- Banpu Public Company Limited - Thailand
- Cement Manufacturers Association - India
- Alfred C Toepfer International GmbH - Germany
- Rio Tinto Coal - Australia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Holcim Trading Pte Ltd - Singapore
- Kartika Selabumi Mining - Indonesia
- Sical Logistics Limited - India
- Edison Trading Spa - Italy
- Ministry of Mines - Canada
- Barasentosa Lestari - Indonesia
- Formosa Plastics Group - Taiwan
- Jorong Barutama Greston.PT - Indonesia
- London Commodity Brokers - England
- GVK Power & Infra Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Singapore Mercantile Exchange
- Medco Energi Mining Internasional
- Indian Energy Exchange, India
- Chettinad Cement Corporation Ltd - India
- VISA Power Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Parry Sugars Refinery, India
- Mintek Dendrill Indonesia
- Bharathi Cement Corporation - India
- Petron Corporation, Philippines
- Global Business Power Corporation, Philippines
- Metalloyd Limited - United Kingdom
- Straits Asia Resources Limited - Singapore
- Baramulti Group, Indonesia
- Parliament of New Zealand
- Coalindo Energy - Indonesia
- Orica Australia Pty. Ltd.
- IEA Clean Coal Centre - UK
- Therma Luzon, Inc, Philippines
- The Treasury - Australian Government
- Neyveli Lignite Corporation Ltd, - India
- Electricity Generating Authority of Thailand
- AsiaOL BioFuels Corp., Philippines
- Bhatia International Limited - India
- Indogreen Group - Indonesia
- Marubeni Corporation - India
- Karbindo Abesyapradhi - Indoneisa
- Iligan Light & Power Inc, Philippines
- Malabar Cements Ltd - India
- Maheswari Brothers Coal Limited - India
- Bukit Makmur.PT - Indonesia
- Bangladesh Power Developement Board
- Madhucon Powers Ltd - India
- Lanco Infratech Ltd - India
- Bulk Trading Sa - Switzerland
- Binh Thuan Hamico - Vietnam
- Altura Mining Limited, Indonesia
- Australian Commodity Traders Exchange
- Xindia Steels Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Salva Resources Pvt Ltd - India
- Globalindo Alam Lestari - Indonesia
- Antam Resourcindo - Indonesia
- Ind-Barath Power Infra Limited - India
- Heidelberg Cement - Germany
- Coastal Gujarat Power Limited - India
- Thai Mozambique Logistica
- TNB Fuel Sdn Bhd - Malaysia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- McConnell Dowell - Australia
- Borneo Indobara - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Latin American Coal - Colombia
- Wood Mackenzie - Singapore
- Semirara Mining Corp, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Renaissance Capital - South Africa
- Semirara Mining and Power Corporation, Philippines
- Makarim & Taira - Indonesia
- Toyota Tsusho Corporation, Japan
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Bayan Resources Tbk. - Indonesia
- Mjunction Services Limited - India
- Star Paper Mills Limited - India
- San Jose City I Power Corp, Philippines
- South Luzon Thermal Energy Corporation
- Vijayanagar Sugar Pvt Ltd - India
- Central Electricity Authority - India
- Riau Bara Harum - Indonesia
- The State Trading Corporation of India Ltd
- Miang Besar Coal Terminal - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Vedanta Resources Plc - India
- Australian Coal Association
- Gujarat Electricity Regulatory Commission - India
- TeaM Sual Corporation - Philippines
- Energy Development Corp, Philippines
- Kapuas Tunggal Persada - Indonesia
- Romanian Commodities Exchange
- Mercuria Energy - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Economic Council, Georgia
- Wilmar Investment Holdings
- Gujarat Mineral Development Corp Ltd - India
- Africa Commodities Group - South Africa
- Uttam Galva Steels Limited - India
- Larsen & Toubro Limited - India
- Indonesian Coal Mining Association
- Savvy Resources Ltd - HongKong
- Tata Chemicals Ltd - India
- CIMB Investment Bank - Malaysia
- SMC Global Power, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- International Coal Ventures Pvt Ltd - India
- Samtan Co., Ltd - South Korea
- ICICI Bank Limited - India
- Merrill Lynch Commodities Europe
- Ministry of Transport, Egypt
- Kideco Jaya Agung - Indonesia
- Central Java Power - Indonesia
- Kobexindo Tractors - Indoneisa
- Eastern Energy - Thailand
- PowerSource Philippines DevCo
- Global Green Power PLC Corporation, Philippines
- Oldendorff Carriers - Singapore
- Interocean Group of Companies - India
- Sarangani Energy Corporation, Philippines
- Carbofer General Trading SA - India
- Sree Jayajothi Cements Limited - India
- Electricity Authority, New Zealand
- Energy Link Ltd, New Zealand
- Georgia Ports Authority, United States
- White Energy Company Limited
- Minerals Council of Australia
- CNBM International Corporation - China
- Asmin Koalindo Tuhup - Indonesia
- The University of Queensland
- India Bulls Power Limited - India
- Aditya Birla Group - India
- SN Aboitiz Power Inc, Philippines
- IHS Mccloskey Coal Group - USA
- Vizag Seaport Private Limited - India
- Bhoruka Overseas - Indonesia
- Chamber of Mines of South Africa
- Meenaskhi Energy Private Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Kumho Petrochemical, South Korea
- Bhushan Steel Limited - India
- Agrawal Coal Company - India
- Videocon Industries ltd - India
- GAC Shipping (India) Pvt Ltd
- New Zealand Coal & Carbon
- Dalmia Cement Bharat India
- ASAPP Information Group - India
- Aboitiz Power Corporation - Philippines
- Essar Steel Hazira Ltd - India
- Coal and Oil Company - UAE
- Sakthi Sugars Limited - India
- Leighton Contractors Pty Ltd - Australia
- Karaikal Port Pvt Ltd - India
- Goldman Sachs - Singapore
- Price Waterhouse Coopers - Russia
- PTC India Limited - India
- PNOC Exploration Corporation - Philippines
- Independent Power Producers Association of India
- SMG Consultants - Indonesia
- Pendopo Energi Batubara - Indonesia
- Orica Mining Services - Indonesia
- Manunggal Multi Energi - Indonesia
- Tamil Nadu electricity Board
- Pipit Mutiara Jaya. PT, Indonesia
- Siam City Cement - Thailand
- Kohat Cement Company Ltd. - Pakistan
- OPG Power Generation Pvt Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- Indo Tambangraya Megah - Indonesia
- Gujarat Sidhee Cement - India
- Directorate Of Revenue Intelligence - India
- Jaiprakash Power Ventures ltd
- Kepco SPC Power Corporation, Philippines
- Siam City Cement PLC, Thailand
- Sojitz Corporation - Japan
- Krishnapatnam Port Company Ltd. - India
- Deloitte Consulting - India
- Attock Cement Pakistan Limited
- Thiess Contractors Indonesia
- Jindal Steel & Power Ltd - India
- Sindya Power Generating Company Private Ltd
- LBH Netherlands Bv - Netherlands
- Rashtriya Ispat Nigam Limited - India
- Commonwealth Bank - Australia
- European Bulk Services B.V. - Netherlands
- Petrochimia International Co. Ltd.- Taiwan
- Maharashtra Electricity Regulatory Commission - India
- Kaltim Prima Coal - Indonesia
- Ambuja Cements Ltd - India
- Intertek Mineral Services - Indonesia
- Global Coal Blending Company Limited - Australia
- Bukit Baiduri Energy - Indonesia
- Planning Commission, India
- Meralco Power Generation, Philippines
- Trasteel International SA, Italy
- Grasim Industreis Ltd - India
- Indika Energy - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Power Finance Corporation Ltd., India
- Ministry of Finance - Indonesia
- GMR Energy Limited - India
- Mercator Lines Limited - India
- Eastern Coal Council - USA
- Indian Oil Corporation Limited
- Bahari Cakrawala Sebuku - Indonesia
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