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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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Tuesday, 02 June 20
CHINA TAIYUAN COAL TRANSACTION PRICE INDEX DOWN 0.86 PCT - XINHUA
China Taiyuan coal transaction price index stood at 123.95 points Monday, down 0.86 percent week on week.
The index, released by Chi ...
Tuesday, 02 June 20
THE HISTORIC DECLINE OF US COAL - WOOD MACKENZIE
The first commercial power plant in the US was Thomas Edison’s coal-fired Pearl Street station in lower Manhattan, which started operating in ...
Tuesday, 02 June 20
COAL INDIA'S MAY SALES DRIVEN SHARPLY LOWER BY SLUMP IN POWER DEMAND - REUTER
Coal India’s sales fell 23.3% in May as utilities refrained from purchases amid record stockpiles and tepid demand because of a nationwide lo ...
Tuesday, 02 June 20
TUAH TURANGGA AGUNG RECORDED 4.54 MILLION TONS OF COAL SALES IN THE FIRST FOUR MONTHS OF 2020
PT United Tractors Tbk through its subsidiary, PT Tuah Turangga Agung recorded 4.54 million tons of coal sales in the first four months of 2020, up ...
Tuesday, 02 June 20
SOURING SINO-AUSTRALIA TRADE RELATIONS - BALTIC EXCHANGE
Cooling relations between the commodity powerhouses of China and Australia may point to trade troubles ahead when the world emerges from the Covid- ...
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- Bukit Makmur.PT - Indonesia
- Eastern Energy - Thailand
- Mintek Dendrill Indonesia
- SMC Global Power, Philippines
- Thai Mozambique Logistica
- Posco Energy - South Korea
- GMR Energy Limited - India
- London Commodity Brokers - England
- Binh Thuan Hamico - Vietnam
- Singapore Mercantile Exchange
- Borneo Indobara - Indonesia
- Minerals Council of Australia
- Central Electricity Authority - India
- Indian Energy Exchange, India
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- Australian Coal Association
- Tata Chemicals Ltd - India
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- Semirara Mining Corp, Philippines
- Sical Logistics Limited - India
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- Billiton Holdings Pty Ltd - Australia
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- Meralco Power Generation, Philippines
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- Merrill Lynch Commodities Europe
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- Metalloyd Limited - United Kingdom
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- European Bulk Services B.V. - Netherlands
- Semirara Mining and Power Corporation, Philippines
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- Latin American Coal - Colombia
- The University of Queensland
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- New Zealand Coal & Carbon
- Standard Chartered Bank - UAE
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- Planning Commission, India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Bhoruka Overseas - Indonesia
- Australian Commodity Traders Exchange
- SMG Consultants - Indonesia
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- Sindya Power Generating Company Private Ltd
- Sarangani Energy Corporation, Philippines
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- VISA Power Limited - India
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- Iligan Light & Power Inc, Philippines
- ICICI Bank Limited - India
- Altura Mining Limited, Indonesia
- Ministry of Transport, Egypt
- Manunggal Multi Energi - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Oldendorff Carriers - Singapore
- India Bulls Power Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- CIMB Investment Bank - Malaysia
- Timah Investasi Mineral - Indoneisa
- Energy Link Ltd, New Zealand
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Krishnapatnam Port Company Ltd. - India
- Parry Sugars Refinery, India
- Aboitiz Power Corporation - Philippines
- Chamber of Mines of South Africa
- Edison Trading Spa - Italy
- Gujarat Electricity Regulatory Commission - India
- Indian Oil Corporation Limited
- Port Waratah Coal Services - Australia
- Intertek Mineral Services - Indonesia
- Cement Manufacturers Association - India
- White Energy Company Limited
- SN Aboitiz Power Inc, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Kumho Petrochemical, South Korea
- Bukit Asam (Persero) Tbk - Indonesia
- CNBM International Corporation - China
- Rashtriya Ispat Nigam Limited - India
- Siam City Cement - Thailand
- Dalmia Cement Bharat India
- Bukit Baiduri Energy - Indonesia
- Coalindo Energy - Indonesia
- Xindia Steels Limited - India
- Pendopo Energi Batubara - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Essar Steel Hazira Ltd - India
- Kideco Jaya Agung - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Mercator Lines Limited - India
- PNOC Exploration Corporation - Philippines
- Ceylon Electricity Board - Sri Lanka
- Vizag Seaport Private Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Georgia Ports Authority, United States
- Africa Commodities Group - South Africa
- Global Coal Blending Company Limited - Australia
- Ministry of Mines - Canada
- Petron Corporation, Philippines
- Therma Luzon, Inc, Philippines
- Jaiprakash Power Ventures ltd
- Price Waterhouse Coopers - Russia
- PetroVietnam Power Coal Import and Supply Company
- Economic Council, Georgia
- The State Trading Corporation of India Ltd
- Ambuja Cements Ltd - India
- IEA Clean Coal Centre - UK
- Bangladesh Power Developement Board
- MS Steel International - UAE
- McConnell Dowell - Australia
- Sree Jayajothi Cements Limited - India
- Anglo American - United Kingdom
- Riau Bara Harum - Indonesia
- Grasim Industreis Ltd - India
- Mjunction Services Limited - India
- Commonwealth Bank - Australia
- Straits Asia Resources Limited - Singapore
- Indogreen Group - Indonesia
- Lanco Infratech Ltd - India
- Globalindo Alam Lestari - Indonesia
- Samtan Co., Ltd - South Korea
- Goldman Sachs - Singapore
- GVK Power & Infra Limited - India
- Interocean Group of Companies - India
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- Kohat Cement Company Ltd. - Pakistan
- Directorate Of Revenue Intelligence - India
- Makarim & Taira - Indonesia
- Indika Energy - Indonesia
- TeaM Sual Corporation - Philippines
- Bhushan Steel Limited - India
- Sojitz Corporation - Japan
- Central Java Power - Indonesia
- Ministry of Finance - Indonesia
- PTC India Limited - India
- Kepco SPC Power Corporation, Philippines
- Jindal Steel & Power Ltd - India
- Savvy Resources Ltd - HongKong
- Electricity Authority, New Zealand
- Miang Besar Coal Terminal - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Thiess Contractors Indonesia
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- Eastern Coal Council - USA
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- Baramulti Group, Indonesia
- ASAPP Information Group - India
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- Marubeni Corporation - India
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- Romanian Commodities Exchange
- Indonesian Coal Mining Association
- Orica Mining Services - Indonesia
- Banpu Public Company Limited - Thailand
- Parliament of New Zealand
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- Carbofer General Trading SA - India
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- Mercuria Energy - Indonesia
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- Power Finance Corporation Ltd., India
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- Heidelberg Cement - Germany
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