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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, 10 August 22
THE FUTURE OF COAL: EIGHT KEY THEMES FROM THE GLOBAL COAL FORUM - WOOD MACKENZIE
Coal investors face a multi-layered and unavoidable challenge: markets distorted by war, trade constraints and the existential threat of the energy ...
Saturday, 06 August 22
SUMITOMO Q1 PROFIT RISES 45% ON STRONGER PRICES OF COAL, NICKEL - REUTERS
Japanese trading house Sumitomo Corp 8053.T said on Wednesday its net profit for the April-June quarter rose 45% to a record thanks to higher price ...
Saturday, 06 August 22
GERMANY'S ENERGY U-TURN: COAL INSTEAD OF GAS - DEUTSCHE WELLE
Berlin has realized it will never again import as much energy from Russia as before the Ukraine war. So the challenge is to wean Germany off its de ...
Saturday, 30 July 22
NUANCES OF FORCE MAJEURE CLAUSE - BALTIC EXCHANGE
Knowledge to Elevate
In NKD Maritime Limited v. Bart Maritime (No 2) Inc (Shagang Giant) [2022] EWHC 1615 (Comm), Bart Maritime (No 2) Inc (th ...
Saturday, 30 July 22
AEMO URGES QUICKER SHIFT TO RENEWABLES AMID COAL FAILURES AND SOARING FOSSIL FUEL COSTS
The Australian Energy Market Operator has called for an accelerated shift to wind and solar, backed up by batteries and other storage, as a devasta ...
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- Central Electricity Authority - India
- Kumho Petrochemical, South Korea
- Riau Bara Harum - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Metalloyd Limited - United Kingdom
- Chamber of Mines of South Africa
- Jaiprakash Power Ventures ltd
- Ministry of Transport, Egypt
- Salva Resources Pvt Ltd - India
- Coal and Oil Company - UAE
- Singapore Mercantile Exchange
- Indian Oil Corporation Limited
- Borneo Indobara - Indonesia
- South Luzon Thermal Energy Corporation
- Indian Energy Exchange, India
- Leighton Contractors Pty Ltd - Australia
- Sree Jayajothi Cements Limited - India
- Eastern Energy - Thailand
- Energy Development Corp, Philippines
- Bhatia International Limited - India
- Ind-Barath Power Infra Limited - India
- Savvy Resources Ltd - HongKong
- VISA Power Limited - India
- Australian Commodity Traders Exchange
- Siam City Cement PLC, Thailand
- Sinarmas Energy and Mining - Indonesia
- Therma Luzon, Inc, Philippines
- International Coal Ventures Pvt Ltd - India
- Petron Corporation, Philippines
- Krishnapatnam Port Company Ltd. - India
- Coastal Gujarat Power Limited - India
- Sindya Power Generating Company Private Ltd
- Rashtriya Ispat Nigam Limited - India
- Edison Trading Spa - Italy
- Ministry of Finance - Indonesia
- Karaikal Port Pvt Ltd - India
- Aboitiz Power Corporation - Philippines
- Grasim Industreis Ltd - India
- The University of Queensland
- Xindia Steels Limited - India
- Kideco Jaya Agung - Indonesia
- Straits Asia Resources Limited - Singapore
- Mintek Dendrill Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Pendopo Energi Batubara - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Georgia Ports Authority, United States
- Meenaskhi Energy Private Limited - India
- CNBM International Corporation - China
- Makarim & Taira - Indonesia
- Essar Steel Hazira Ltd - India
- GMR Energy Limited - India
- Planning Commission, India
- Tamil Nadu electricity Board
- Directorate Of Revenue Intelligence - India
- Kepco SPC Power Corporation, Philippines
- Aditya Birla Group - India
- White Energy Company Limited
- Tata Chemicals Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- Altura Mining Limited, Indonesia
- GAC Shipping (India) Pvt Ltd
- Carbofer General Trading SA - India
- Iligan Light & Power Inc, Philippines
- Dalmia Cement Bharat India
- Economic Council, Georgia
- Indonesian Coal Mining Association
- Bharathi Cement Corporation - India
- Electricity Authority, New Zealand
- Globalindo Alam Lestari - Indonesia
- OPG Power Generation Pvt Ltd - India
- Wood Mackenzie - Singapore
- Kapuas Tunggal Persada - Indonesia
- Star Paper Mills Limited - India
- Jindal Steel & Power Ltd - India
- TeaM Sual Corporation - Philippines
- Marubeni Corporation - India
- Kartika Selabumi Mining - Indonesia
- Videocon Industries ltd - India
- Indogreen Group - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Bhushan Steel Limited - India
- Indo Tambangraya Megah - Indonesia
- Larsen & Toubro Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Ambuja Cements Ltd - India
- Semirara Mining Corp, Philippines
- GN Power Mariveles Coal Plant, Philippines
- Barasentosa Lestari - Indonesia
- Heidelberg Cement - Germany
- Eastern Coal Council - USA
- Billiton Holdings Pty Ltd - Australia
- Neyveli Lignite Corporation Ltd, - India
- Chettinad Cement Corporation Ltd - India
- Bulk Trading Sa - Switzerland
- Orica Mining Services - Indonesia
- Attock Cement Pakistan Limited
- Interocean Group of Companies - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Electricity Generating Authority of Thailand
- Coalindo Energy - Indonesia
- Standard Chartered Bank - UAE
- San Jose City I Power Corp, Philippines
- Kaltim Prima Coal - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Posco Energy - South Korea
- Mercator Lines Limited - India
- McConnell Dowell - Australia
- Price Waterhouse Coopers - Russia
- Latin American Coal - Colombia
- Central Java Power - Indonesia
- Malabar Cements Ltd - India
- Toyota Tsusho Corporation, Japan
- Vizag Seaport Private Limited - India
- Mjunction Services Limited - India
- Global Coal Blending Company Limited - Australia
- Manunggal Multi Energi - Indonesia
- Bhoruka Overseas - Indonesia
- Vedanta Resources Plc - India
- Africa Commodities Group - South Africa
- Deloitte Consulting - India
- Miang Besar Coal Terminal - Indonesia
- SN Aboitiz Power Inc, Philippines
- Meralco Power Generation, Philippines
- PTC India Limited - India
- Wilmar Investment Holdings
- Oldendorff Carriers - Singapore
- Samtan Co., Ltd - South Korea
- Medco Energi Mining Internasional
- Thai Mozambique Logistica
- IHS Mccloskey Coal Group - USA
- Baramulti Group, Indonesia
- Commonwealth Bank - Australia
- Indika Energy - Indonesia
- Bayan Resources Tbk. - Indonesia
- Bukit Baiduri Energy - Indonesia
- European Bulk Services B.V. - Netherlands
- IEA Clean Coal Centre - UK
- Antam Resourcindo - Indonesia
- Mercuria Energy - Indonesia
- Sojitz Corporation - Japan
- Holcim Trading Pte Ltd - Singapore
- Australian Coal Association
- Lanco Infratech Ltd - India
- CIMB Investment Bank - Malaysia
- Kalimantan Lumbung Energi - Indonesia
- PowerSource Philippines DevCo
- Rio Tinto Coal - Australia
- Vijayanagar Sugar Pvt Ltd - India
- Anglo American - United Kingdom
- Asmin Koalindo Tuhup - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Semirara Mining and Power Corporation, Philippines
- Bangladesh Power Developement Board
- Simpson Spence & Young - Indonesia
- Timah Investasi Mineral - Indoneisa
- Ceylon Electricity Board - Sri Lanka
- Kohat Cement Company Ltd. - Pakistan
- Trasteel International SA, Italy
- Kobexindo Tractors - Indoneisa
- Sakthi Sugars Limited - India
- India Bulls Power Limited - India
- Parry Sugars Refinery, India
- Renaissance Capital - South Africa
- Pipit Mutiara Jaya. PT, Indonesia
- Uttam Galva Steels Limited - India
- Madhucon Powers Ltd - India
- Independent Power Producers Association of India
- Offshore Bulk Terminal Pte Ltd, Singapore
- PNOC Exploration Corporation - Philippines
- Cigading International Bulk Terminal - Indonesia
- Agrawal Coal Company - India
- Ministry of Mines - Canada
- Global Business Power Corporation, Philippines
- Banpu Public Company Limited - Thailand
- Gujarat Sidhee Cement - India
- Goldman Sachs - Singapore
- Sarangani Energy Corporation, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- LBH Netherlands Bv - Netherlands
- Jorong Barutama Greston.PT - Indonesia
- Power Finance Corporation Ltd., India
- AsiaOL BioFuels Corp., Philippines
- London Commodity Brokers - England
- Sical Logistics Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Siam City Cement - Thailand
- Alfred C Toepfer International GmbH - Germany
- Orica Australia Pty. Ltd.
- Intertek Mineral Services - Indonesia
- MS Steel International - UAE
- The Treasury - Australian Government
- Maheswari Brothers Coal Limited - India
- Merrill Lynch Commodities Europe
- ASAPP Information Group - India
- Cement Manufacturers Association - India
- Global Green Power PLC Corporation, Philippines
- Parliament of New Zealand
- ICICI Bank Limited - India
- Thiess Contractors Indonesia
- Formosa Plastics Group - Taiwan
- SMC Global Power, Philippines
- GVK Power & Infra Limited - India
- New Zealand Coal & Carbon
- Directorate General of MIneral and Coal - Indonesia
- Minerals Council of Australia
- SMG Consultants - Indonesia
- Energy Link Ltd, New Zealand
- Romanian Commodities Exchange
- Port Waratah Coal Services - Australia
- Binh Thuan Hamico - Vietnam
- Karbindo Abesyapradhi - Indoneisa
- The State Trading Corporation of India Ltd
- Bukit Makmur.PT - Indonesia
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