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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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Sunday, 16 April 23
CHINA'S MARCH COAL IMPORTS JUMP TO 3-YEAR HIGH - REUTERS
China’s coal imports surged in March to their highest in any month over the past three years as utilities increased purchases on expectations ...
Sunday, 16 April 23
OPEC KEEPS WORLD OIL DEMAND GROWTH OUTLOOK UNCHANGED
The OPEC Reference Basket (ORB) declined in March by $3.43, or 4.2%, m-o-m to average $78.45/b. The ICE Brent first-month contract fell by $4.33, o ...
Sunday, 16 April 23
CHEAPER SPOT LNG PRICES TEMPT SOME ASIAN BUYERS AMID SUPPLY GAINS - REUTERS
Cheaper spot prices for liquefied natural gas (LNG) are luring price-sensitive buyers back in Asia, with China and India recording rising imports i ...
Tuesday, 11 April 23
COAL USE CLIMBS WORLDWIDE DESPITE PROMISES TO SLASH IT - AAP
The burning of coal for electricity, cement, steel and other uses went up in 2022 despite global promises to phase down the fuel that is the bigges ...
Tuesday, 11 April 23
OIL RISES ON CHINA STIMULUS EXPECTATIONS, WEAKER DOLLAR - REUTERS
Oil prices rose on Tuesday on expectations of potential economic stimulus by China, healthy demand in the rest of Asia and a drop in U.S. crude sto ...
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- Africa Commodities Group - South Africa
- Sindya Power Generating Company Private Ltd
- SMC Global Power, Philippines
- South Luzon Thermal Energy Corporation
- London Commodity Brokers - England
- Karbindo Abesyapradhi - Indoneisa
- Posco Energy - South Korea
- Merrill Lynch Commodities Europe
- Eastern Energy - Thailand
- Rio Tinto Coal - Australia
- Indo Tambangraya Megah - Indonesia
- Meralco Power Generation, Philippines
- Globalindo Alam Lestari - Indonesia
- Salva Resources Pvt Ltd - India
- International Coal Ventures Pvt Ltd - India
- Madhucon Powers Ltd - India
- PNOC Exploration Corporation - Philippines
- Mintek Dendrill Indonesia
- Sarangani Energy Corporation, Philippines
- Riau Bara Harum - Indonesia
- Gujarat Sidhee Cement - India
- Deloitte Consulting - India
- Toyota Tsusho Corporation, Japan
- Meenaskhi Energy Private Limited - India
- Sinarmas Energy and Mining - Indonesia
- GVK Power & Infra Limited - India
- Agrawal Coal Company - India
- Antam Resourcindo - Indonesia
- The State Trading Corporation of India Ltd
- Kohat Cement Company Ltd. - Pakistan
- Essar Steel Hazira Ltd - India
- White Energy Company Limited
- Energy Link Ltd, New Zealand
- Barasentosa Lestari - Indonesia
- Minerals Council of Australia
- Wood Mackenzie - Singapore
- Petron Corporation, Philippines
- Coalindo Energy - Indonesia
- Australian Commodity Traders Exchange
- McConnell Dowell - Australia
- Lanco Infratech Ltd - India
- Planning Commission, India
- Thai Mozambique Logistica
- Ministry of Transport, Egypt
- Energy Development Corp, Philippines
- Sakthi Sugars Limited - India
- Goldman Sachs - Singapore
- Rashtriya Ispat Nigam Limited - India
- Tata Chemicals Ltd - India
- ASAPP Information Group - India
- GN Power Mariveles Coal Plant, Philippines
- PowerSource Philippines DevCo
- LBH Netherlands Bv - Netherlands
- Electricity Generating Authority of Thailand
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Wilmar Investment Holdings
- Malabar Cements Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- Dalmia Cement Bharat India
- Ministry of Finance - Indonesia
- Eastern Coal Council - USA
- Central Electricity Authority - India
- Savvy Resources Ltd - HongKong
- New Zealand Coal & Carbon
- Siam City Cement PLC, Thailand
- Kaltim Prima Coal - Indonesia
- San Jose City I Power Corp, Philippines
- Aditya Birla Group - India
- Kumho Petrochemical, South Korea
- Cement Manufacturers Association - India
- AsiaOL BioFuels Corp., Philippines
- Bharathi Cement Corporation - India
- Bhushan Steel Limited - India
- SN Aboitiz Power Inc, Philippines
- Kalimantan Lumbung Energi - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- MS Steel International - UAE
- Maheswari Brothers Coal Limited - India
- Edison Trading Spa - Italy
- Leighton Contractors Pty Ltd - Australia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Romanian Commodities Exchange
- Price Waterhouse Coopers - Russia
- Aboitiz Power Corporation - Philippines
- VISA Power Limited - India
- Marubeni Corporation - India
- CIMB Investment Bank - Malaysia
- Bangladesh Power Developement Board
- Videocon Industries ltd - India
- Coal and Oil Company - UAE
- Mercuria Energy - Indonesia
- GAC Shipping (India) Pvt Ltd
- Directorate General of MIneral and Coal - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Commonwealth Bank - Australia
- Baramulti Group, Indonesia
- Kideco Jaya Agung - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Attock Cement Pakistan Limited
- Indogreen Group - Indonesia
- Samtan Co., Ltd - South Korea
- Makarim & Taira - Indonesia
- Renaissance Capital - South Africa
- Iligan Light & Power Inc, Philippines
- Uttam Galva Steels Limited - India
- Bhoruka Overseas - Indonesia
- Mjunction Services Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Formosa Plastics Group - Taiwan
- Holcim Trading Pte Ltd - Singapore
- Ambuja Cements Ltd - India
- ICICI Bank Limited - India
- Parry Sugars Refinery, India
- Gujarat Electricity Regulatory Commission - India
- Grasim Industreis Ltd - India
- Standard Chartered Bank - UAE
- Pipit Mutiara Jaya. PT, Indonesia
- Therma Luzon, Inc, Philippines
- India Bulls Power Limited - India
- Billiton Holdings Pty Ltd - Australia
- Kapuas Tunggal Persada - Indonesia
- IHS Mccloskey Coal Group - USA
- OPG Power Generation Pvt Ltd - India
- Indian Oil Corporation Limited
- The Treasury - Australian Government
- Bank of Tokyo Mitsubishi UFJ Ltd
- Tamil Nadu electricity Board
- Power Finance Corporation Ltd., India
- Vedanta Resources Plc - India
- TeaM Sual Corporation - Philippines
- Vizag Seaport Private Limited - India
- Latin American Coal - Colombia
- Simpson Spence & Young - Indonesia
- Parliament of New Zealand
- Central Java Power - Indonesia
- Bayan Resources Tbk. - Indonesia
- Jaiprakash Power Ventures ltd
- Ceylon Electricity Board - Sri Lanka
- Xindia Steels Limited - India
- PTC India Limited - India
- Sojitz Corporation - Japan
- European Bulk Services B.V. - Netherlands
- Star Paper Mills Limited - India
- Global Business Power Corporation, Philippines
- Georgia Ports Authority, United States
- Semirara Mining Corp, Philippines
- Timah Investasi Mineral - Indoneisa
- Carbofer General Trading SA - India
- Medco Energi Mining Internasional
- Orica Australia Pty. Ltd.
- Bhatia International Limited - India
- Banpu Public Company Limited - Thailand
- Anglo American - United Kingdom
- Sical Logistics Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Mercator Lines Limited - India
- Straits Asia Resources Limited - Singapore
- Singapore Mercantile Exchange
- Interocean Group of Companies - India
- Indika Energy - Indonesia
- Bukit Baiduri Energy - Indonesia
- Manunggal Multi Energi - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Port Waratah Coal Services - Australia
- Karaikal Port Pvt Ltd - India
- Altura Mining Limited, Indonesia
- Chettinad Cement Corporation Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Kepco SPC Power Corporation, Philippines
- Global Green Power PLC Corporation, Philippines
- Directorate Of Revenue Intelligence - India
- Bulk Trading Sa - Switzerland
- Electricity Authority, New Zealand
- Intertek Mineral Services - Indonesia
- Indian Energy Exchange, India
- Jindal Steel & Power Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Heidelberg Cement - Germany
- Orica Mining Services - Indonesia
- Borneo Indobara - Indonesia
- Thiess Contractors Indonesia
- CNBM International Corporation - China
- Maharashtra Electricity Regulatory Commission - India
- IEA Clean Coal Centre - UK
- Kobexindo Tractors - Indoneisa
- Pendopo Energi Batubara - Indonesia
- Ind-Barath Power Infra Limited - India
- Semirara Mining and Power Corporation, Philippines
- Australian Coal Association
- GMR Energy Limited - India
- Krishnapatnam Port Company Ltd. - India
- SMG Consultants - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- PetroVietnam Power Coal Import and Supply Company
- Miang Besar Coal Terminal - Indonesia
- Binh Thuan Hamico - Vietnam
- The University of Queensland
- Ministry of Mines - Canada
- Cigading International Bulk Terminal - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Metalloyd Limited - United Kingdom
- Bukit Makmur.PT - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Larsen & Toubro Limited - India
- Siam City Cement - Thailand
- Chamber of Mines of South Africa
- Indonesian Coal Mining Association
- Global Coal Blending Company Limited - Australia
- Sree Jayajothi Cements Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Vijayanagar Sugar Pvt Ltd - India
- Independent Power Producers Association of India
- Kartika Selabumi Mining - Indonesia
- Trasteel International SA, Italy
- Coastal Gujarat Power Limited - India
- Oldendorff Carriers - Singapore
- Economic Council, Georgia
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