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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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Friday, 10 November 23
THE COMMODITIES FEED: OIL UNDER PRESSURE - ING
Energy – Brent plummets
The oil market came under significant pressure yesterday. ICE Brent settled 4.19% lower on the day and ...
Friday, 10 November 23
COAL USE AT U.S. POWER PLANTS CONTINUES DOWNWARD SPIRAL; FULL IMPACT ON MINES TO BE FELT IN 2024 - IEEFA
This year, the use of coal by the U.S.’s power producers has been so anemic that the fuel has not achieved a 20% market share in any month so ...
Friday, 10 November 23
INDIA: NATIONAL COAL INDEX RISES 3.83 POINTS IN SEPTEMBER AMID HIGHER DEMAND - LIVEMINT
The National Coal Index (NCI) rose 3.83 points to 143.91 in September amid growing demand for coal.
The union coal ministry on Tuesd ...
Thursday, 09 November 23
WE'RE PRODUCING TOO MUCH COAL, OIL AND GAS, REPORT SAYS - WSJ
World leaders pledged in 2015 to reduce emissions in a combined effort to limit climate change.
Now they are stepping up production ...
Thursday, 09 November 23
GREEK AND CHINESE COMPANIES OWN 34% OF THE GLOBAL FLEET’S CARGO CAPACITY - BIMCO
“The global fleet of cargo carrying ships consists of around 61,000 ships with a deadweight capacity of about 2,200 million tonnes. The ships ...
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- Oldendorff Carriers - Singapore
- Sindya Power Generating Company Private Ltd
- Singapore Mercantile Exchange
- SN Aboitiz Power Inc, Philippines
- Metalloyd Limited - United Kingdom
- Aboitiz Power Corporation - Philippines
- Salva Resources Pvt Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Samtan Co., Ltd - South Korea
- Ministry of Finance - Indonesia
- Antam Resourcindo - Indonesia
- Makarim & Taira - Indonesia
- San Jose City I Power Corp, Philippines
- Kartika Selabumi Mining - Indonesia
- Africa Commodities Group - South Africa
- Indo Tambangraya Megah - Indonesia
- TeaM Sual Corporation - Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Altura Mining Limited, Indonesia
- Economic Council, Georgia
- Maharashtra Electricity Regulatory Commission - India
- Mercator Lines Limited - India
- Xindia Steels Limited - India
- Australian Coal Association
- GVK Power & Infra Limited - India
- Chettinad Cement Corporation Ltd - India
- Leighton Contractors Pty Ltd - Australia
- The State Trading Corporation of India Ltd
- Carbofer General Trading SA - India
- Sical Logistics Limited - India
- Formosa Plastics Group - Taiwan
- Semirara Mining and Power Corporation, Philippines
- Kumho Petrochemical, South Korea
- Coalindo Energy - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Coal and Oil Company - UAE
- Maheswari Brothers Coal Limited - India
- Grasim Industreis Ltd - India
- Edison Trading Spa - Italy
- Therma Luzon, Inc, Philippines
- Global Coal Blending Company Limited - Australia
- Manunggal Multi Energi - Indonesia
- Wood Mackenzie - Singapore
- Essar Steel Hazira Ltd - India
- Ind-Barath Power Infra Limited - India
- SMC Global Power, Philippines
- The Treasury - Australian Government
- Sarangani Energy Corporation, Philippines
- European Bulk Services B.V. - Netherlands
- Ambuja Cements Ltd - India
- India Bulls Power Limited - India
- SMG Consultants - Indonesia
- Energy Development Corp, Philippines
- Banpu Public Company Limited - Thailand
- Bharathi Cement Corporation - India
- Parry Sugars Refinery, India
- Sojitz Corporation - Japan
- Holcim Trading Pte Ltd - Singapore
- Petron Corporation, Philippines
- Thai Mozambique Logistica
- OPG Power Generation Pvt Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Tamil Nadu electricity Board
- Eastern Energy - Thailand
- Jaiprakash Power Ventures ltd
- Tata Chemicals Ltd - India
- Port Waratah Coal Services - Australia
- Sakthi Sugars Limited - India
- Alfred C Toepfer International GmbH - Germany
- Simpson Spence & Young - Indonesia
- Larsen & Toubro Limited - India
- Borneo Indobara - Indonesia
- Vizag Seaport Private Limited - India
- GMR Energy Limited - India
- Mercuria Energy - Indonesia
- Romanian Commodities Exchange
- Miang Besar Coal Terminal - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Kaltim Prima Coal - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Ministry of Mines - Canada
- Thiess Contractors Indonesia
- Central Electricity Authority - India
- Gujarat Mineral Development Corp Ltd - India
- GAC Shipping (India) Pvt Ltd
- Asmin Koalindo Tuhup - Indonesia
- McConnell Dowell - Australia
- International Coal Ventures Pvt Ltd - India
- Indian Oil Corporation Limited
- Coastal Gujarat Power Limited - India
- Kapuas Tunggal Persada - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Latin American Coal - Colombia
- Siam City Cement - Thailand
- Gujarat Sidhee Cement - India
- Power Finance Corporation Ltd., India
- Cigading International Bulk Terminal - Indonesia
- Videocon Industries ltd - India
- Central Java Power - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Semirara Mining Corp, Philippines
- Mjunction Services Limited - India
- Billiton Holdings Pty Ltd - Australia
- Energy Link Ltd, New Zealand
- Merrill Lynch Commodities Europe
- Orica Mining Services - Indonesia
- Commonwealth Bank - Australia
- South Luzon Thermal Energy Corporation
- Kobexindo Tractors - Indoneisa
- Bayan Resources Tbk. - Indonesia
- Pendopo Energi Batubara - Indonesia
- Parliament of New Zealand
- Star Paper Mills Limited - India
- Orica Australia Pty. Ltd.
- Cement Manufacturers Association - India
- Vedanta Resources Plc - India
- Trasteel International SA, Italy
- TNB Fuel Sdn Bhd - Malaysia
- Marubeni Corporation - India
- Baramulti Group, Indonesia
- Timah Investasi Mineral - Indoneisa
- Petrochimia International Co. Ltd.- Taiwan
- Renaissance Capital - South Africa
- PNOC Exploration Corporation - Philippines
- Meralco Power Generation, Philippines
- Wilmar Investment Holdings
- Aditya Birla Group - India
- Jindal Steel & Power Ltd - India
- Ceylon Electricity Board - Sri Lanka
- Chamber of Mines of South Africa
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Straits Asia Resources Limited - Singapore
- Attock Cement Pakistan Limited
- Indika Energy - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Minerals Council of Australia
- Bhoruka Overseas - Indonesia
- Kideco Jaya Agung - Indonesia
- Ministry of Transport, Egypt
- Electricity Generating Authority of Thailand
- Siam City Cement PLC, Thailand
- LBH Netherlands Bv - Netherlands
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Indonesian Coal Mining Association
- Directorate Of Revenue Intelligence - India
- Rio Tinto Coal - Australia
- Toyota Tsusho Corporation, Japan
- Barasentosa Lestari - Indonesia
- Bulk Trading Sa - Switzerland
- Bukit Asam (Persero) Tbk - Indonesia
- Standard Chartered Bank - UAE
- Lanco Infratech Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- PowerSource Philippines DevCo
- Bhatia International Limited - India
- Independent Power Producers Association of India
- Interocean Group of Companies - India
- Agrawal Coal Company - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Meenaskhi Energy Private Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Malabar Cements Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- London Commodity Brokers - England
- Mintek Dendrill Indonesia
- Australian Commodity Traders Exchange
- Uttam Galva Steels Limited - India
- Medco Energi Mining Internasional
- Bukit Baiduri Energy - Indonesia
- New Zealand Coal & Carbon
- GN Power Mariveles Coal Plant, Philippines
- Planning Commission, India
- VISA Power Limited - India
- Kepco SPC Power Corporation, Philippines
- Indian Energy Exchange, India
- PTC India Limited - India
- Anglo American - United Kingdom
- Eastern Coal Council - USA
- Bangladesh Power Developement Board
- Global Business Power Corporation, Philippines
- Krishnapatnam Port Company Ltd. - India
- Kalimantan Lumbung Energi - Indonesia
- Savvy Resources Ltd - HongKong
- Goldman Sachs - Singapore
- Intertek Mineral Services - Indonesia
- CNBM International Corporation - China
- MS Steel International - UAE
- Neyveli Lignite Corporation Ltd, - India
- Gujarat Electricity Regulatory Commission - India
- Riau Bara Harum - Indonesia
- Posco Energy - South Korea
- Dalmia Cement Bharat India
- Deloitte Consulting - India
- Madhucon Powers Ltd - India
- Indogreen Group - Indonesia
- ICICI Bank Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Georgia Ports Authority, United States
- Bukit Makmur.PT - Indonesia
- Iligan Light & Power Inc, Philippines
- Binh Thuan Hamico - Vietnam
- Electricity Authority, New Zealand
- Globalindo Alam Lestari - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- CIMB Investment Bank - Malaysia
- Price Waterhouse Coopers - Russia
- White Energy Company Limited
- AsiaOL BioFuels Corp., Philippines
- The University of Queensland
- IHS Mccloskey Coal Group - USA
- IEA Clean Coal Centre - UK
- Karaikal Port Pvt Ltd - India
- Heidelberg Cement - Germany
- Bhushan Steel Limited - India
- Global Green Power PLC Corporation, Philippines
- ASAPP Information Group - India
- Sree Jayajothi Cements Limited - India
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