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Monday, 04 May 09
PNOC-EC TO GROW COAL OPERATIONS - PHILIPPINE DAILY INQUIRER
LISTED firm Philippine National Oil Co.-Exploration Corp. plans to expand its operations this year to ensure the steady supply of coal and further improve sales performance.
In a regulatory filing, PNOC-EC said it will expand its operations in Zamboanga Sibugay under Coal Operating Contract (COC) 41 by taking over the Integrated Little Baguio area, which was formerly being operated by Taiwan Overseas Mining Co.
It added that it will start developing the Lumbog and Malongon areas in the province.
On top of the Zamboanga coal operations, PNOC-EC said it will also actively pursue this year the areas of Surigao, covered by COC 140; Isabela, under COCs 122 (integrated coal minemouth power project) and 141; and Siay Zamboanga, under COC 152.
PNOC-EC currently serves the requirements of the cement manufacturing and power production industries with its own production from COC 41, other local mine sources such as Semirara coal and coal imported from Indonesia.
In 2008, the company sold directly as much as 870,000 metric tons (MT) of coal, and was able to trade 112,536 MT of Indonesian coal to China.
PNOC-EC recently started to serve the requirements of the emerging small-scale user market, which included small companies in the paper, textile and food processing industries.
Despite the emergence of the new market, heavy users in the cement manufacturing industry remain sluggish.
“PNOC-EC as a trader, could not compete with the direct sales of Indonesian coal miners dumping their production into the Philippines,” the company said
Source: http://business.inquirer.net/money/topstories/view/20090502-202659/PNOC-EC-to-grow-coal-operations
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Monday, 06 April 09
RICHARDS BAY COAL TERMINAL EXPORTS ROSE 5 PERCENT IN MARCH - BLOOMBERG
South Africa’s Richards Bay Coal Terminal, the world’s largest coal-export facility, shipped 5 percent more coal in March than the same ...
Monday, 06 April 09
INDIA'S OSWAL CHEM EYES INDONESIAN COAL MINES -ECONOMICTIMES
Oswal Chemicals and Fertilisers (OCFL), part of Abhay Oswal-led Oswal group, has initiated talks with three separate Indonesian coal firms to ...
Thursday, 02 April 09
FOREIGNERS ALSO CHEER FOR INDONESIA'S THE NEW MINING LAW - MAJALA TAMBANG
Three mining giants, Australia's Rio Tinto along with Canada's Barrick Gold and Southern Arc, are among foreign corporations currently applying fo ...
Wednesday, 01 April 09
INDONESIAN GOVERNMENT REVISES MINING REVENUE TARGET DOWN 26% - THE JAKARTA POST
Government income from mining this year, excluding taxes, is expected to drop by about 26 percent to Rp 11 trillion ($957 million), primarily becaus ...
Wednesday, 01 April 09
INDONESIAN OFFICIAL CLAIMS NEW LEGISLATION IS VINDICATED AS OVERSEAS FIRMS LINE UP FOR MINING LICENSES - THE JAKARTA GLOBE
The Energy and Mineral Resources Ministry is expected to issue six mining licenses under the country’s new mining law over the next two months ...
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- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Sarangani Energy Corporation, Philippines
- Rashtriya Ispat Nigam Limited - India
- Kideco Jaya Agung - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Carbofer General Trading SA - India
- Chamber of Mines of South Africa
- Grasim Industreis Ltd - India
- Makarim & Taira - Indonesia
- VISA Power Limited - India
- Romanian Commodities Exchange
- GVK Power & Infra Limited - India
- Coalindo Energy - Indonesia
- Renaissance Capital - South Africa
- Orica Australia Pty. Ltd.
- Cement Manufacturers Association - India
- Riau Bara Harum - Indonesia
- Star Paper Mills Limited - India
- Interocean Group of Companies - India
- Bukit Asam (Persero) Tbk - Indonesia
- Aboitiz Power Corporation - Philippines
- Bukit Makmur.PT - Indonesia
- Indonesian Coal Mining Association
- Africa Commodities Group - South Africa
- Global Business Power Corporation, Philippines
- Mintek Dendrill Indonesia
- Bulk Trading Sa - Switzerland
- Meralco Power Generation, Philippines
- GN Power Mariveles Coal Plant, Philippines
- CNBM International Corporation - China
- Georgia Ports Authority, United States
- Tamil Nadu electricity Board
- Minerals Council of Australia
- Parry Sugars Refinery, India
- PTC India Limited - India
- LBH Netherlands Bv - Netherlands
- Kumho Petrochemical, South Korea
- Bharathi Cement Corporation - India
- Ministry of Mines - Canada
- Indian Oil Corporation Limited
- New Zealand Coal & Carbon
- Sakthi Sugars Limited - India
- Coal and Oil Company - UAE
- Deloitte Consulting - India
- South Luzon Thermal Energy Corporation
- Global Coal Blending Company Limited - Australia
- Rio Tinto Coal - Australia
- GAC Shipping (India) Pvt Ltd
- Medco Energi Mining Internasional
- Savvy Resources Ltd - HongKong
- TNB Fuel Sdn Bhd - Malaysia
- Essar Steel Hazira Ltd - India
- Chettinad Cement Corporation Ltd - India
- Bhushan Steel Limited - India
- Simpson Spence & Young - Indonesia
- IEA Clean Coal Centre - UK
- Electricity Generating Authority of Thailand
- The State Trading Corporation of India Ltd
- Vedanta Resources Plc - India
- Sree Jayajothi Cements Limited - India
- Manunggal Multi Energi - Indonesia
- Commonwealth Bank - Australia
- OPG Power Generation Pvt Ltd - India
- Karaikal Port Pvt Ltd - India
- Larsen & Toubro Limited - India
- Jaiprakash Power Ventures ltd
- San Jose City I Power Corp, Philippines
- Karbindo Abesyapradhi - Indoneisa
- Kobexindo Tractors - Indoneisa
- TeaM Sual Corporation - Philippines
- Antam Resourcindo - Indonesia
- Siam City Cement - Thailand
- Binh Thuan Hamico - Vietnam
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- PNOC Exploration Corporation - Philippines
- Energy Link Ltd, New Zealand
- Metalloyd Limited - United Kingdom
- Krishnapatnam Port Company Ltd. - India
- ICICI Bank Limited - India
- Madhucon Powers Ltd - India
- Samtan Co., Ltd - South Korea
- Bahari Cakrawala Sebuku - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Vizag Seaport Private Limited - India
- Aditya Birla Group - India
- Gujarat Sidhee Cement - India
- Marubeni Corporation - India
- Latin American Coal - Colombia
- MS Steel International - UAE
- Malabar Cements Ltd - India
- Directorate Of Revenue Intelligence - India
- Energy Development Corp, Philippines
- Agrawal Coal Company - India
- Alfred C Toepfer International GmbH - Germany
- London Commodity Brokers - England
- Ministry of Transport, Egypt
- Australian Commodity Traders Exchange
- Oldendorff Carriers - Singapore
- Dalmia Cement Bharat India
- Neyveli Lignite Corporation Ltd, - India
- PowerSource Philippines DevCo
- The Treasury - Australian Government
- Thiess Contractors Indonesia
- Electricity Authority, New Zealand
- Straits Asia Resources Limited - Singapore
- CIMB Investment Bank - Malaysia
- Wilmar Investment Holdings
- PetroVietnam Power Coal Import and Supply Company
- Timah Investasi Mineral - Indoneisa
- Goldman Sachs - Singapore
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Baramulti Group, Indonesia
- Mercuria Energy - Indonesia
- Economic Council, Georgia
- Wood Mackenzie - Singapore
- Global Green Power PLC Corporation, Philippines
- SMC Global Power, Philippines
- International Coal Ventures Pvt Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- SN Aboitiz Power Inc, Philippines
- Planning Commission, India
- Edison Trading Spa - Italy
- Banpu Public Company Limited - Thailand
- Bayan Resources Tbk. - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Kohat Cement Company Ltd. - Pakistan
- Attock Cement Pakistan Limited
- Parliament of New Zealand
- Petrochimia International Co. Ltd.- Taiwan
- Cigading International Bulk Terminal - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Mercator Lines Limited - India
- The University of Queensland
- Kartika Selabumi Mining - Indonesia
- Borneo Indobara - Indonesia
- IHS Mccloskey Coal Group - USA
- Kaltim Prima Coal - Indonesia
- Siam City Cement PLC, Thailand
- Toyota Tsusho Corporation, Japan
- Standard Chartered Bank - UAE
- Bhatia International Limited - India
- Sindya Power Generating Company Private Ltd
- Pendopo Energi Batubara - Indonesia
- Australian Coal Association
- Jindal Steel & Power Ltd - India
- SMG Consultants - Indonesia
- Eastern Coal Council - USA
- Jorong Barutama Greston.PT - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Indika Energy - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Tata Chemicals Ltd - India
- McConnell Dowell - Australia
- Altura Mining Limited, Indonesia
- European Bulk Services B.V. - Netherlands
- Offshore Bulk Terminal Pte Ltd, Singapore
- Eastern Energy - Thailand
- Miang Besar Coal Terminal - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Sojitz Corporation - Japan
- Lanco Infratech Ltd - India
- Semirara Mining and Power Corporation, Philippines
- Formosa Plastics Group - Taiwan
- Heidelberg Cement - Germany
- Ambuja Cements Ltd - India
- Port Waratah Coal Services - Australia
- Salva Resources Pvt Ltd - India
- Uttam Galva Steels Limited - India
- Independent Power Producers Association of India
- Ministry of Finance - Indonesia
- Indian Energy Exchange, India
- Orica Mining Services - Indonesia
- Trasteel International SA, Italy
- Anglo American - United Kingdom
- Posco Energy - South Korea
- ASAPP Information Group - India
- Indogreen Group - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Iligan Light & Power Inc, Philippines
- Bhoruka Overseas - Indonesia
- Sical Logistics Limited - India
- Thai Mozambique Logistica
- Holcim Trading Pte Ltd - Singapore
- Meenaskhi Energy Private Limited - India
- White Energy Company Limited
- Therma Luzon, Inc, Philippines
- Power Finance Corporation Ltd., India
- India Bulls Power Limited - India
- Merrill Lynch Commodities Europe
- Central Java Power - Indonesia
- Bukit Baiduri Energy - Indonesia
- Barasentosa Lestari - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Coastal Gujarat Power Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Price Waterhouse Coopers - Russia
- Semirara Mining Corp, Philippines
- Singapore Mercantile Exchange
- GMR Energy Limited - India
- Globalindo Alam Lestari - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Central Electricity Authority - India
- Ind-Barath Power Infra Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Xindia Steels Limited - India
- Mjunction Services Limited - India
- Maheswari Brothers Coal Limited - India
- Kepco SPC Power Corporation, Philippines
- Petron Corporation, Philippines
- Indo Tambangraya Megah - Indonesia
- Videocon Industries ltd - India
- Bangladesh Power Developement Board
- Sinarmas Energy and Mining - Indonesia
- Intertek Mineral Services - Indonesia
- Leighton Contractors Pty Ltd - Australia
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