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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, 23 August 22
SHIPPING INDUSTRY TO REMOVE THE INDIAN OCEAN HIGH RISK AREA - BIMCO
After more than a decade of effective threat-reducing counter-piracy operations the shipping industry has removed the ‘Indian Ocean High Risk ...
Tuesday, 23 August 22
SHIPPING: GLOBAL TAX REFORM - WATSON FARLEY & WILLIAMS
OECD rules designed to implement a global minimum corporate tax rate for very large multinational groups have now been published and are expected t ...
Tuesday, 23 August 22
PARTIES CONCLUDE JOINT R&D AGREEMENT FOR WORLD’S FIRST AMMONIA FLOATING STORAGE AND REGASIFICATION BARGE CONTRIBUTING TO PROMOTING THE EARLY INTRODUCTION OF AMMONIA FUEL - NYK
NYK Line, Nihon Shipyard Co., Ltd. (NSY), ClassNK, and IHI Corporation (IHI) signed a joint research and development agreement for the commercializ ...
Monday, 22 August 22
INDONESIAN GOVERNMENT IMPOSED ON NEW PROGRESSIVE ROYALTIES FOR COAL
Indonesian President Joko Widodo has signed a Government Regulation (Number 26 of 2022) on 15 August 2022 related to the progressive royalty rates ...
Monday, 22 August 22
CHINA'S JULY RUSSIAN COAL IMPORTS HIT 5-YR HIGH AS WEST SHUNS MOSCOW - REUTERS
China’s coal imports from Russia jumped 14% in July from a year earlier to their highest in at least five years, as China bought discounted c ...
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- Orica Australia Pty. Ltd.
- VISA Power Limited - India
- Global Business Power Corporation, Philippines
- Krishnapatnam Port Company Ltd. - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Ceylon Electricity Board - Sri Lanka
- Kartika Selabumi Mining - Indonesia
- Latin American Coal - Colombia
- Mercator Lines Limited - India
- MS Steel International - UAE
- Coal and Oil Company - UAE
- Mercuria Energy - Indonesia
- Bukit Baiduri Energy - Indonesia
- Petron Corporation, Philippines
- Medco Energi Mining Internasional
- Singapore Mercantile Exchange
- Commonwealth Bank - Australia
- Bangladesh Power Developement Board
- Ministry of Finance - Indonesia
- Eastern Energy - Thailand
- Siam City Cement PLC, Thailand
- Alfred C Toepfer International GmbH - Germany
- Sojitz Corporation - Japan
- India Bulls Power Limited - India
- GAC Shipping (India) Pvt Ltd
- OPG Power Generation Pvt Ltd - India
- Kumho Petrochemical, South Korea
- Meenaskhi Energy Private Limited - India
- McConnell Dowell - Australia
- Sree Jayajothi Cements Limited - India
- Heidelberg Cement - Germany
- Merrill Lynch Commodities Europe
- Sindya Power Generating Company Private Ltd
- Barasentosa Lestari - Indonesia
- Intertek Mineral Services - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Kohat Cement Company Ltd. - Pakistan
- The State Trading Corporation of India Ltd
- Central Electricity Authority - India
- Australian Coal Association
- Ambuja Cements Ltd - India
- Parliament of New Zealand
- Vijayanagar Sugar Pvt Ltd - India
- Power Finance Corporation Ltd., India
- Oldendorff Carriers - Singapore
- Kapuas Tunggal Persada - Indonesia
- Pendopo Energi Batubara - Indonesia
- Kideco Jaya Agung - Indonesia
- Grasim Industreis Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- PNOC Exploration Corporation - Philippines
- Sinarmas Energy and Mining - Indonesia
- Riau Bara Harum - Indonesia
- Thai Mozambique Logistica
- ICICI Bank Limited - India
- Deloitte Consulting - India
- Indika Energy - Indonesia
- PowerSource Philippines DevCo
- Mintek Dendrill Indonesia
- CIMB Investment Bank - Malaysia
- Lanco Infratech Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- Aboitiz Power Corporation - Philippines
- Edison Trading Spa - Italy
- European Bulk Services B.V. - Netherlands
- Essar Steel Hazira Ltd - India
- New Zealand Coal & Carbon
- TeaM Sual Corporation - Philippines
- GMR Energy Limited - India
- Anglo American - United Kingdom
- IEA Clean Coal Centre - UK
- Altura Mining Limited, Indonesia
- Metalloyd Limited - United Kingdom
- Economic Council, Georgia
- Therma Luzon, Inc, Philippines
- Australian Commodity Traders Exchange
- IHS Mccloskey Coal Group - USA
- Coalindo Energy - Indonesia
- Simpson Spence & Young - Indonesia
- Renaissance Capital - South Africa
- Aditya Birla Group - India
- Marubeni Corporation - India
- SN Aboitiz Power Inc, Philippines
- White Energy Company Limited
- Wilmar Investment Holdings
- Directorate General of MIneral and Coal - Indonesia
- Madhucon Powers Ltd - India
- Holcim Trading Pte Ltd - Singapore
- Bhatia International Limited - India
- Central Java Power - Indonesia
- Carbofer General Trading SA - India
- CNBM International Corporation - China
- Eastern Coal Council - USA
- Indian Energy Exchange, India
- Bhoruka Overseas - Indonesia
- Baramulti Group, Indonesia
- Gujarat Mineral Development Corp Ltd - India
- LBH Netherlands Bv - Netherlands
- Ind-Barath Power Infra Limited - India
- Miang Besar Coal Terminal - Indonesia
- Directorate Of Revenue Intelligence - India
- ASAPP Information Group - India
- SMC Global Power, Philippines
- The Treasury - Australian Government
- Maharashtra Electricity Regulatory Commission - India
- Manunggal Multi Energi - Indonesia
- Larsen & Toubro Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Toyota Tsusho Corporation, Japan
- Xindia Steels Limited - India
- Agrawal Coal Company - India
- London Commodity Brokers - England
- Jorong Barutama Greston.PT - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Videocon Industries ltd - India
- Minerals Council of Australia
- Asmin Koalindo Tuhup - Indonesia
- Orica Mining Services - Indonesia
- Energy Development Corp, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Semirara Mining Corp, Philippines
- Bharathi Cement Corporation - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Globalindo Alam Lestari - Indonesia
- Samtan Co., Ltd - South Korea
- Planning Commission, India
- Bulk Trading Sa - Switzerland
- Energy Link Ltd, New Zealand
- Cigading International Bulk Terminal - Indonesia
- Ministry of Transport, Egypt
- Trasteel International SA, Italy
- Dalmia Cement Bharat India
- Kalimantan Lumbung Energi - Indonesia
- Coastal Gujarat Power Limited - India
- Gujarat Sidhee Cement - India
- Indian Oil Corporation Limited
- Attock Cement Pakistan Limited
- Banpu Public Company Limited - Thailand
- Sakthi Sugars Limited - India
- Antam Resourcindo - Indonesia
- Meralco Power Generation, Philippines
- Standard Chartered Bank - UAE
- Global Coal Blending Company Limited - Australia
- SMG Consultants - Indonesia
- Binh Thuan Hamico - Vietnam
- Global Green Power PLC Corporation, Philippines
- San Jose City I Power Corp, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Price Waterhouse Coopers - Russia
- Kobexindo Tractors - Indoneisa
- Vizag Seaport Private Limited - India
- Mjunction Services Limited - India
- Malabar Cements Ltd - India
- Posco Energy - South Korea
- Sical Logistics Limited - India
- PetroVietnam Power Coal Import and Supply Company
- AsiaOL BioFuels Corp., Philippines
- Iligan Light & Power Inc, Philippines
- Tamil Nadu electricity Board
- PTC India Limited - India
- International Coal Ventures Pvt Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- Billiton Holdings Pty Ltd - Australia
- Africa Commodities Group - South Africa
- Electricity Generating Authority of Thailand
- Romanian Commodities Exchange
- Electricity Authority, New Zealand
- Formosa Plastics Group - Taiwan
- TNB Fuel Sdn Bhd - Malaysia
- Chamber of Mines of South Africa
- Star Paper Mills Limited - India
- Leighton Contractors Pty Ltd - Australia
- Cement Manufacturers Association - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Salva Resources Pvt Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- GVK Power & Infra Limited - India
- Chettinad Cement Corporation Ltd - India
- Maheswari Brothers Coal Limited - India
- Vedanta Resources Plc - India
- Tata Chemicals Ltd - India
- Wood Mackenzie - Singapore
- Borneo Indobara - Indonesia
- Indogreen Group - Indonesia
- Goldman Sachs - Singapore
- Jaiprakash Power Ventures ltd
- Makarim & Taira - Indonesia
- Interocean Group of Companies - India
- Uttam Galva Steels Limited - India
- Indo Tambangraya Megah - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Port Waratah Coal Services - Australia
- South Luzon Thermal Energy Corporation
- Independent Power Producers Association of India
- Straits Asia Resources Limited - Singapore
- Bhushan Steel Limited - India
- Thiess Contractors Indonesia
- Timah Investasi Mineral - Indoneisa
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Bayan Resources Tbk. - Indonesia
- Jindal Steel & Power Ltd - India
- Savvy Resources Ltd - HongKong
- Gujarat Electricity Regulatory Commission - India
- Bahari Cakrawala Sebuku - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Bukit Makmur.PT - Indonesia
- The University of Queensland
- Karaikal Port Pvt Ltd - India
- Kepco SPC Power Corporation, Philippines
- Indonesian Coal Mining Association
- Sarangani Energy Corporation, Philippines
- Georgia Ports Authority, United States
- Kaltim Prima Coal - Indonesia
- Ministry of Mines - Canada
- Parry Sugars Refinery, India
- Rio Tinto Coal - Australia
- Siam City Cement - Thailand
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