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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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Thursday, 14 May 20
OPEC REVISES DOWN GLOBAL OIL DEMAND FORECAST AGAIN
Crude Oil Price Movements
Crude oil prices recorded a second sharp monthly drop in April, amid an increasing oil surplus in the spot market. Th ...
Thursday, 14 May 20
NEW COVID-19 GUIDELINES FOCUS ON SAFE INTERFACE BETWEEN SHIP AND SHORE STAFF - GARD
At a time when the COVID-19 pandemic is affecting the global population, it is important that ships’ crew and port workers protect each other ...
Wednesday, 13 May 20
CHINA TAIYUAN COAL TRANSACTION PRICE INDEX DOWN 0.4 PCT - XINHUA
China Taiyuan coal transaction price index stood at 124.93 points Monday, down 0.4 percent week on week.
The index, released by Chin ...
Tuesday, 12 May 20
IN THE FIRST 4 MONTHS OF 2020, SOUTH KOREA IMPORTED 46.6 MLN TONNES OF CRUDE OIL BY SEA, A NET DECLINE OF 14.1% YOY - BC
South Korea is certainly one of the countries which has handled better the current Covid-19 crisis. In the first week of May 2020, new cases of ...
Tuesday, 12 May 20
OIL MARKET TURBULENCE PIVOTS FOCUS ON FLOATING STORAGE TECHNICAL NEEDS - LLOYD'S REGISTER
KNOWLEDGE TO ELEVATE
Negative oil prices and off-the-scale volatility in crude markets are positive for floating storage, as the next chapter ...
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- Merrill Lynch Commodities Europe
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- Directorate General of MIneral and Coal - Indonesia
- Australian Commodity Traders Exchange
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- Mintek Dendrill Indonesia
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- Power Finance Corporation Ltd., India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
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- Romanian Commodities Exchange
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- Eastern Energy - Thailand
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- Independent Power Producers Association of India
- GMR Energy Limited - India
- Ministry of Finance - Indonesia
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- Sarangani Energy Corporation, Philippines
- Wilmar Investment Holdings
- Parliament of New Zealand
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- Africa Commodities Group - South Africa
- Salva Resources Pvt Ltd - India
- Agrawal Coal Company - India
- Petron Corporation, Philippines
- Siam City Cement - Thailand
- Pendopo Energi Batubara - Indonesia
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- Central Electricity Authority - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Mjunction Services Limited - India
- Miang Besar Coal Terminal - Indonesia
- Bayan Resources Tbk. - Indonesia
- Aboitiz Power Corporation - Philippines
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- VISA Power Limited - India
- Bulk Trading Sa - Switzerland
- Pipit Mutiara Jaya. PT, Indonesia
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- Therma Luzon, Inc, Philippines
- Sree Jayajothi Cements Limited - India
- Coal and Oil Company - UAE
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- The University of Queensland
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- Edison Trading Spa - Italy
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Riau Bara Harum - Indonesia
- Ministry of Mines - Canada
- Kartika Selabumi Mining - Indonesia
- Kumho Petrochemical, South Korea
- Port Waratah Coal Services - Australia
- Anglo American - United Kingdom
- Bangladesh Power Developement Board
- Altura Mining Limited, Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Bharathi Cement Corporation - India
- Interocean Group of Companies - India
- Orica Mining Services - Indonesia
- Bhatia International Limited - India
- Jaiprakash Power Ventures ltd
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- Dalmia Cement Bharat India
- Vijayanagar Sugar Pvt Ltd - India
- GVK Power & Infra Limited - India
- GAC Shipping (India) Pvt Ltd
- Kepco SPC Power Corporation, Philippines
- Indika Energy - Indonesia
- Sakthi Sugars Limited - India
- SMC Global Power, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
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- Lanco Infratech Ltd - India
- Ambuja Cements Ltd - India
- Gujarat Sidhee Cement - India
- Directorate Of Revenue Intelligence - India
- Makarim & Taira - Indonesia
- Banpu Public Company Limited - Thailand
- Gujarat Electricity Regulatory Commission - India
- Orica Australia Pty. Ltd.
- GN Power Mariveles Coal Plant, Philippines
- Tamil Nadu electricity Board
- Sical Logistics Limited - India
- Globalindo Alam Lestari - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- MS Steel International - UAE
- Medco Energi Mining Internasional
- Star Paper Mills Limited - India
- Billiton Holdings Pty Ltd - Australia
- IEA Clean Coal Centre - UK
- SN Aboitiz Power Inc, Philippines
- Asmin Koalindo Tuhup - Indonesia
- Attock Cement Pakistan Limited
- Australian Coal Association
- Ind-Barath Power Infra Limited - India
- Jorong Barutama Greston.PT - Indonesia
- ASAPP Information Group - India
- OPG Power Generation Pvt Ltd - India
- Formosa Plastics Group - Taiwan
- Global Green Power PLC Corporation, Philippines
- Antam Resourcindo - Indonesia
- Electricity Generating Authority of Thailand
- Holcim Trading Pte Ltd - Singapore
- Indonesian Coal Mining Association
- Leighton Contractors Pty Ltd - Australia
- Energy Development Corp, Philippines
- Renaissance Capital - South Africa
- Straits Asia Resources Limited - Singapore
- ICICI Bank Limited - India
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- Minerals Council of Australia
- Samtan Co., Ltd - South Korea
- Coalindo Energy - Indonesia
- Georgia Ports Authority, United States
- Thai Mozambique Logistica
- The State Trading Corporation of India Ltd
- Carbofer General Trading SA - India
- Manunggal Multi Energi - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Sindya Power Generating Company Private Ltd
- Karbindo Abesyapradhi - Indoneisa
- AsiaOL BioFuels Corp., Philippines
- TeaM Sual Corporation - Philippines
- Indian Energy Exchange, India
- LBH Netherlands Bv - Netherlands
- Central Java Power - Indonesia
- Singapore Mercantile Exchange
- Essar Steel Hazira Ltd - India
- Chamber of Mines of South Africa
- Maheswari Brothers Coal Limited - India
- Uttam Galva Steels Limited - India
- The Treasury - Australian Government
- Latin American Coal - Colombia
- Meralco Power Generation, Philippines
- Intertek Mineral Services - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Neyveli Lignite Corporation Ltd, - India
- Semirara Mining Corp, Philippines
- Bukit Makmur.PT - Indonesia
- India Bulls Power Limited - India
- Madhucon Powers Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Simpson Spence & Young - Indonesia
- Planning Commission, India
- Chettinad Cement Corporation Ltd - India
- Videocon Industries ltd - India
- Bhushan Steel Limited - India
- Indo Tambangraya Megah - Indonesia
- San Jose City I Power Corp, Philippines
- New Zealand Coal & Carbon
- Global Business Power Corporation, Philippines
- Marubeni Corporation - India
- Oldendorff Carriers - Singapore
- Kobexindo Tractors - Indoneisa
- Bhoruka Overseas - Indonesia
- Grasim Industreis Ltd - India
- Energy Link Ltd, New Zealand
- Bank of Tokyo Mitsubishi UFJ Ltd
- Baramulti Group, Indonesia
- PTC India Limited - India
- International Coal Ventures Pvt Ltd - India
- Kideco Jaya Agung - Indonesia
- Eastern Coal Council - USA
- Posco Energy - South Korea
- Sinarmas Energy and Mining - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Goldman Sachs - Singapore
- CNBM International Corporation - China
- TNB Fuel Sdn Bhd - Malaysia
- Savvy Resources Ltd - HongKong
- White Energy Company Limited
- Global Coal Blending Company Limited - Australia
- Heidelberg Cement - Germany
- Rio Tinto Coal - Australia
- Petrochimia International Co. Ltd.- Taiwan
- London Commodity Brokers - England
- Mercator Lines Limited - India
- Borneo Indobara - Indonesia
- Bukit Baiduri Energy - Indonesia
- Binh Thuan Hamico - Vietnam
- Indian Oil Corporation Limited
- Meenaskhi Energy Private Limited - India
- PNOC Exploration Corporation - Philippines
- Coastal Gujarat Power Limited - India
- Mercuria Energy - Indonesia
- Parry Sugars Refinery, India
- Economic Council, Georgia
- Karaikal Port Pvt Ltd - India
- Price Waterhouse Coopers - Russia
- Jindal Steel & Power Ltd - India
- Vizag Seaport Private Limited - India
- Kaltim Prima Coal - Indonesia
- Wood Mackenzie - Singapore
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