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Monday, 27 February 12
COAL MINING PROFITS TOO HIGH, SAYS GOVT - TEMPO INTERACTIVE
Tempo Interactive reported that, Energy and Mineral Resources Deputy Minister of Indonesia Widjajono Partowidagdo has criticized coal-mining companies for taking too much profit. The profits of these companies, he said, reached 66 percent of total production, while the state only receives 34 percent of the profit.
“That’s too much. It’s different with the oil and gas industries that provide benefits for the state and the public,” he said in Balikpapan on Saturday.
This condition has led to rapid growth in the mining industry and the high production profit has also seen many Indonesian grow rich, he said. “Look at the list of the richest people in Indonesia according to Forbes magazine. Almost all of them are in the coal mining sector,” he said.
As such, Widjajono said the regulation on profit sharing in the coal mining sector between the government and contractor companies must be revised.
He said the Energy Ministry was now drafting a formula for coal mine profit sharing between coal companies and the state.
Source: Tempo Interactive
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Wednesday, 24 June 20
MARKET INSIGHT - INTERMODAL
The World Bank estimates that the global economy will fall by 5.2% this year, underlining that the Covid-19 pandemic has had rapid and massive cons ...
Tuesday, 23 June 20
COVID-19 COULD CAUSE A BOOM IN COAL POWER - RYSTAD ENERGY | OILPRICE
COVID-19 has not only impacted the energy industry’s revenues but also its infrastructure development.
The delay of new natural gas ...
Tuesday, 23 June 20
CHINA'S COAL OUTPUT UP 0.9 PCT IN JANUARY-MAY: XINHUA
Output of raw coal in China rose 0.9 percent year on year to 1.47 billion tonnes in the first five months of this year, official data showed.
& ...
Monday, 22 June 20
KAMSARMAX TYPES REGULARLY HIT THE $9,000 PER DAY LEVEL FOR INDONESIAN COAL RUN TO CHINA, BALTIC BRIEFING SAYS
Capesize
The Capesize market trajectory this week has been one of the steepest rallies the sector has experienced. Opening at $12,410, the sect ...
Saturday, 20 June 20
WORLD OIL DEMAND IS PROJECTED TO DECREASE BY 9.1 MB/D IN 2020 - OPEC
Crude Oil Price Movements
Spot crude oil prices rebounded in May from low levels registered a month earlier, as physical market fundamentals im ...
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- Marubeni Corporation - India
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- New Zealand Coal & Carbon
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- Leighton Contractors Pty Ltd - Australia
- Price Waterhouse Coopers - Russia
- Central Electricity Authority - India
- Minerals Council of Australia
- Orica Mining Services - Indonesia
- Australian Coal Association
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- Directorate Of Revenue Intelligence - India
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- Cement Manufacturers Association - India
- Aboitiz Power Corporation - Philippines
- Kapuas Tunggal Persada - Indonesia
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- LBH Netherlands Bv - Netherlands
- Mintek Dendrill Indonesia
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- Antam Resourcindo - Indonesia
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- Intertek Mineral Services - Indonesia
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- Meralco Power Generation, Philippines
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- Metalloyd Limited - United Kingdom
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- Globalindo Alam Lestari - Indonesia
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- San Jose City I Power Corp, Philippines
- Timah Investasi Mineral - Indoneisa
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- Ministry of Finance - Indonesia
- Bukit Makmur.PT - Indonesia
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- Thai Mozambique Logistica
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- Economic Council, Georgia
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- VISA Power Limited - India
- Straits Asia Resources Limited - Singapore
- Barasentosa Lestari - Indonesia
- Kumho Petrochemical, South Korea
- Riau Bara Harum - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Ceylon Electricity Board - Sri Lanka
- MS Steel International - UAE
- Videocon Industries ltd - India
- Attock Cement Pakistan Limited
- Independent Power Producers Association of India
- McConnell Dowell - Australia
- Parry Sugars Refinery, India
- Semirara Mining and Power Corporation, Philippines
- OPG Power Generation Pvt Ltd - India
- Port Waratah Coal Services - Australia
- Bangladesh Power Developement Board
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Wood Mackenzie - Singapore
- Binh Thuan Hamico - Vietnam
- Sakthi Sugars Limited - India
- Ministry of Transport, Egypt
- Indo Tambangraya Megah - Indonesia
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- Banpu Public Company Limited - Thailand
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- Bharathi Cement Corporation - India
- Romanian Commodities Exchange
- Therma Luzon, Inc, Philippines
- Savvy Resources Ltd - HongKong
- Renaissance Capital - South Africa
- IHS Mccloskey Coal Group - USA
- GVK Power & Infra Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- PowerSource Philippines DevCo
- Africa Commodities Group - South Africa
- Sical Logistics Limited - India
- Eastern Energy - Thailand
- PetroVietnam Power Coal Import and Supply Company
- Bhoruka Overseas - Indonesia
- International Coal Ventures Pvt Ltd - India
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- Petrochimia International Co. Ltd.- Taiwan
- ASAPP Information Group - India
- Sindya Power Generating Company Private Ltd
- Trasteel International SA, Italy
- Commonwealth Bank - Australia
- Jorong Barutama Greston.PT - Indonesia
- Kepco SPC Power Corporation, Philippines
- Holcim Trading Pte Ltd - Singapore
- Pendopo Energi Batubara - Indonesia
- Thiess Contractors Indonesia
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- Wilmar Investment Holdings
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- Ind-Barath Power Infra Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Indogreen Group - Indonesia
- The State Trading Corporation of India Ltd
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- Energy Development Corp, Philippines
- Sojitz Corporation - Japan
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- London Commodity Brokers - England
- Standard Chartered Bank - UAE
- India Bulls Power Limited - India
- Toyota Tsusho Corporation, Japan
- Heidelberg Cement - Germany
- Asmin Koalindo Tuhup - Indonesia
- Orica Australia Pty. Ltd.
- IEA Clean Coal Centre - UK
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- Eastern Coal Council - USA
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- Bukit Baiduri Energy - Indonesia
- ICICI Bank Limited - India
- Jaiprakash Power Ventures ltd
- Maharashtra Electricity Regulatory Commission - India
- Parliament of New Zealand
- Coalindo Energy - Indonesia
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