COALspot.com keeps you connected across the coal world

Submit Your Articles
We welcome article submissions from experts in the areas of coal, mining, shipping, etc.

To Submit your article please click here.

International Energy Events


Search News
Latest CoalNews Headlines
Thursday, 08 September 11
PETROSEA ADDS US$730 MIO CONTRACT


Coal mining contractor PT Petrosea Tbk (PTRO), a majority owned subsidiary of energy integrated company PT Indika Energy Tbk (INDY), has secured a US$730 million additional coal mining contracting from PT Adimitra Baratama Nusantara from initial contract of US$200 million, according to Insider Stories.

Petrosea, in an official statement to Indonesia Stock Exchange, said the additional contract has been signed by Petrosea on August 25 2011, renewing the previous agreement signed on August 19 2009 and January 18 2011. Under the additional contract, Petrosea is obliged to produce 14 million tons coal and 126 million bcm at Sanga-Sanga, East Kalimantan.

Adimitra Nusantara has guaranteed at least 5-year contract to make Petrosea optimizes new heavy equipments, which is in line with higher production.

Petrosea is 99.39% controlled by Indika Energy, a company that is owned by two stellar businessmen Agus Lasmono Sudwikatmono and Wiwoho Basuki Tjokronegoro.

By end of June 2011, 86.29% of Petrosea consolidated revenue were contributed by coal mining or worth US$96.99 million, services of US$8.25 million, and engineering and construction of US$6.13 million.

Petrosea booked US$112.39 million revenue in the first half of this year, a 26.58% increase from US$88.79 million a year earlier. Adimitra Nusantara contributed US$28 million revenue to Petrosea.
Source: Insider Stories



If you believe an article violates your rights or the rights of others, please contact us.

Recent News

Sunday, 18 September 11
THE COAL IMPORTS TO INDIA, OUT OF INDONESIA LIKELY TO PICK UP - CAPT. REDDY
COALspot.com - The freight market continued the upward trend until midweek almost touching 2,000 points, however towards second half of the week the ...


Saturday, 17 September 11
GVK ACQUIRES HANCOCK COAL AND INFRASTRUCTURE FOR US$ 1.26 BILLION
COALspot.com - GVK group, India’s leading infrastructure developer,confirmed arrangements for the acquisition of a strategic part of large, hi ...


Saturday, 17 September 11
INDIA'S GVK ACQUIRES HANCOCK COAL AND INFRASTRUCTURE PROJECTS IN AUSTRALIA
COALspot.com - GVK group, India’s leading infrastructure developer, today confirmed arrangements for the acquisition of a strategic part of la ...


Friday, 16 September 11
DELTA DUNIA MAKMUR REMOVED 30.9 MILLION BCM OVERBURDEN IN AUGUST 2011
COALspot.com - PT. Delta Dunia Makmur Tbk has removed 30.9 million bcm (+13.2% YoY) overburden in August 2011  while coal production was at 2.9 ...


Thursday, 15 September 11
RUSSIAN COAL EXPORTS UP 10.9% IN JAN-AUG TO 71.50 MILLION TONS - PORT NEWS / HELLENIC SHIPPING
Port News reported that, Coal exports from Russia in January-August 2011 grew by 10.9% compared with the same period last year, to 71.50 million ton ...


   1014 1015 1016 1017 1018   
Showing 5076 to 5080 news of total 6871
News by Category
Popular News
 
Total Members : 28,706
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

  • Power Finance Corporation Ltd., India
  • Formosa Plastics Group - Taiwan
  • Cement Manufacturers Association - India
  • TANGEDCO India
  • Interocean Group of Companies - India
  • Idemitsu - Japan
  • Sucofindo - Indonesia
  • Central Electricity Authority - India
  • Qatrana Cement - Jordan
  • Lafarge - France
  • Cebu Energy, Philippines
  • Total Coal South Africa
  • Siam City Cement PLC, Thailand
  • Singapore Mercantile Exchange
  • SUEK AG - Indonesia
  • Infraline Energy - India
  • Edison Trading Spa - Italy
  • Orica Mining Services - Indonesia
  • Directorate Of Revenue Intelligence - India
  • Indo Tambangraya Megah - Indonesia
  • HSBC - Hong Kong
  • Bangladesh Power Developement Board
  • McKinsey & Co - India
  • MEC Coal - Indonesia
  • UOB Asia (HK) Ltd
  • Freeport Indonesia
  • Toyota Tsusho Corporation, Japan
  • Vitol - Bahrain
  • Essar Steel Hazira Ltd - India
  • Rudhra Energy - India
  • SGS (Thailand) Limited
  • Gresik Semen - Indonesia
  • Asia Cement - Taiwan
  • Vedanta Resources Plc - India
  • Dalmia Cement Bharat India
  • Core Mineral Indonesia
  • TGV SRAAC LIMITED, India
  • J M Baxi & Co - India
  • Platou - Singapore
  • Pendopo Energi Batubara - Indonesia
  • SMG Consultants - Indonesia
  • SMC Global Power, Philippines
  • Noble Europe Ltd - UK
  • Xstrata Coal
  • ICICI Bank Limited - India
  • Global Business Power Corporation, Philippines
  • globalCOAL - UK
  • BNP Paribas - Singapore
  • Star Paper Mills Limited - India
  • Asian Development Bank
  • Xindia Steels Limited - India
  • Jorong Barutama Greston.PT - Indonesia
  • Kobexindo Tractors - Indoneisa
  • Commonwealth Bank - Australia
  • Attock Cement Pakistan Limited
  • Ambuja Cements Ltd - India
  • Energy Development Corp, Philippines
  • Posco Energy - South Korea
  • Tanito Harum - Indonesia
  • Asia Pacific Energy Resources Ventures Inc, Philippines
  • Gujarat Electricity Regulatory Commission - India
  • EIA - United States
  • Maersk Broker
  • Karaikal Port Pvt Ltd - India
  • Globalindo Alam Lestari - Indonesia
  • Karbindo Abesyapradhi - Indoneisa
  • Tamil Nadu electricity Board
  • Bayan Resources Tbk. - Indonesia
  • Uttam Galva Steels Limited - India
  • Permata Bank - Indonesia
  • Ministry of Finance - Indonesia
  • IBC Asia (S) Pte Ltd
  • Kalimantan Lumbung Energi - Indonesia
  • DBS Bank - Singapore
  • Iligan Light & Power Inc, Philippines
  • Georgia Ports Authority, United States
  • San Jose City I Power Corp, Philippines
  • Kapuas Tunggal Persada - Indonesia
  • Intertek Mineral Services - Indonesia
  • Bangkok Bank PCL
  • Bhoruka Overseas - Indonesia
  • Moodys - Singapore
  • SRK Consulting
  • CNBM International Corporation - China
  • Barclays Capital - USA
  • GB Group - China
  • Heidelberg Cement - Germany
  • OCBC - Singapore
  • Arch Coal - USA
  • Ernst & Young Pvt. Ltd.
  • Arutmin Indonesia
  • Independent Power Producers Association of India
  • Thiess Contractors Indonesia
  • Truba Alam Manunggal Engineering.Tbk - Indonesia
  • Banpu Public Company Limited - Thailand
  • Japan Coal Energy Center
  • Sojitz Corporation - Japan
  • Kobe Steel Ltd - Japan
  • Humpuss - Indonesia
  • Dong Bac Coal Mineral Investment Coporation - Vietnam
  • Lanco Infratech Ltd - India
  • Larsen & Toubro Limited - India
  • Ministry of Transport, Egypt
  • The Treasury - Australian Government
  • GAC Shipping (India) Pvt Ltd
  • CCIC - Indonesia
  • Indonesian Coal Mining Association
  • IEA Clean Coal Centre - UK
  • Timah Investasi Mineral - Indoneisa
  • Bahari Cakrawala Sebuku - Indonesia
  • Parliament of New Zealand
  • Wood Mackenzie - Singapore
  • Gujarat Sidhee Cement - India
  • Glencore India Pvt. Ltd
  • Indian School of Mines
  • CoalTek, United States
  • Parry Sugars Refinery, India
  • Indorama - Singapore
  • Price Waterhouse Coopers - Russia
  • Ince & co LLP
  • Kartika Selabumi Mining - Indonesia
  • SN Aboitiz Power Inc, Philippines
  • Sindya Power Generating Company Private Ltd
  • Sical Logistics Limited - India
  • Goldman Sachs - Singapore
  • Mitra SK Pvt Ltd - India
  • PLN Batubara - Indonesia
  • Cigading International Bulk Terminal - Indonesia
  • South Luzon Thermal Energy Corporation
  • Gujarat Mineral Development Corp Ltd - India
  • Indika Energy - Indonesia
  • BRS Brokers - Singapore
  • Port Waratah Coal Services - Australia
  • Antam Resourcindo - Indonesia
  • Enel Italy
  • Inspectorate - India
  • White Energy Company Limited
  • Argus Media - Singapore
  • Fearnleys - India
  • Carbofer General Trading SA - India
  • Mechel - Russia
  • Bhatia International Limited - India
  • Mitsui
  • JPMorgan - India
  • Malabar Cements Ltd - India
  • IMC Shipping - Singapore
  • Aboitiz Power Corporation - Philippines
  • Barasentosa Lestari - Indonesia
  • Cardiff University - UK
  • Pipit Mutiara Jaya. PT, Indonesia
  • The India Cements Ltd
  • OPG Power Generation Pvt Ltd - India
  • GVK Power & Infra Limited - India
  • Sinarmas Energy and Mining - Indonesia
  • Maybank - Singapore
  • Miang Besar Coal Terminal - Indonesia
  • ING Bank NV - Singapore
  • Oldendorff Carriers - Singapore
  • Simpson Spence & Young - Indonesia
  • Merrill Lynch Commodities Europe
  • Surastha Cement
  • International Coal Ventures Pvt Ltd - India
  • Petrochimia International Co. Ltd.- Taiwan
  • Ministry of Mines - Canada
  • GMR Energy Limited - India
  • RBS Sempra - UK
  • Salva Resources Pvt Ltd - India
  • Bukit Baiduri Energy - Indonesia
  • McConnell Dowell - Australia
  • Vizag Seaport Private Limited - India
  • Coaltrans Conferences
  • bp singapore
  • VISA Power Limited - India
  • Cosco
  • Gupta Coal India Ltd
  • Coal and Oil Company - UAE
  • Energy Link Ltd, New Zealand
  • Grasim Industreis Ltd - India
  • Mercator Lines Limited - India
  • Ceylon Electricity Board - Sri Lanka
  • Peabody Energy - USA
  • Coastal Gujarat Power Limited - India
  • Dr Ramakrishna Prasad Power Pvt Ltd - India
  • Maheswari Brothers Coal Limited - India
  • Meenaskhi Energy Private Limited - India
  • Semirara Mining and Power Corporation, Philippines
  • Bukit Asam (Persero) Tbk - Indonesia
  • Latin American Coal - Colombia
  • Coeclerici Indonesia
  • CIMB Investment Bank - Malaysia
  • Rashtriya Ispat Nigam Limited - India
  • Thermax Limited - India
  • Russian Coal LLC
  • PTC India Limited - India
  • Marubeni Corporation - India
  • Runge Indonesia
  • LBH Netherlands Bv - Netherlands
  • Jaiprakash Power Ventures ltd
  • New Zealand Coal & Carbon
  • Riau Bara Harum - Indonesia
  • Semirara Mining Corp, Philippines
  • Clarksons - UK
  • TeaM Sual Corporation - Philippines
  • Kepco SPC Power Corporation, Philippines
  • Bukit Makmur.PT - Indonesia
  • PLN - Indonesia
  • Billiton Holdings Pty Ltd - Australia
  • Mercuria Energy - Indonesia
  • PowerSource Philippines DevCo
  • Kideco Jaya Agung - Indonesia
  • PetroVietnam
  • Offshore Bulk Terminal Pte Ltd, Singapore
  • KEPCO - South Korea
  • Tata Power - India
  • Mjunction Services Limited - India
  • Cargill India Pvt Ltd
  • Panama Canal Authority
  • Ind-Barath Power Infra Limited - India
  • Shenhua Group - China
  • Agrawal Coal Company - India
  • Krishnapatnam Port Company Ltd. - India
  • Samsung - South Korea
  • AsiaOL BioFuels Corp., Philippines
  • Geoservices-GeoAssay Lab
  • TNPL - India
  • Eastern Coal Council - USA
  • Coal India Limited
  • Electricity Generating Authority of Thailand
  • Chamber of Mines of South Africa
  • European Bulk Services B.V. - Netherlands
  • Electricity Authority, New Zealand
  • Petrosea - Indonesia
  • Jatenergy - Australia
  • Thriveni
  • Holcim Trading Pte Ltd - Singapore
  • NALCO India
  • Therma Luzon, Inc, Philippines
  • Directorate General of MIneral and Coal - Indonesia
  • Deloitte Consulting - India
  • Thai Mozambique Logistica
  • Madhucon Powers Ltd - India
  • Platts
  • Vijayanagar Sugar Pvt Ltd - India
  • Kohat Cement Company Ltd. - Pakistan
  • TRAFIGURA, South Korea
  • Berau Coal - Indonesia
  • Straits Asia Resources Limited - Singapore
  • KPMG - USA
  • Sakthi Sugars Limited - India
  • Petron Corporation, Philippines
  • Central Java Power - Indonesia
  • ACC Limited - India
  • TNB Fuel Sdn Bhd - Malaysia
  • Merrill Lynch Bank
  • Reliance Power - India
  • Neyveli Lignite Corporation Ltd, - India
  • Bank of China, Malaysia
  • Deutsche Bank - India
  • Chettinad Cement Corporation Ltd - India
  • Maruti Cements - India
  • Manunggal Multi Energi - Indonesia
  • IHS Mccloskey Coal Group - USA
  • GNFC Limited - India
  • Orica Australia Pty. Ltd.
  • Wilmar Investment Holdings
  • Australian Commodity Traders Exchange
  • Samtan Co., Ltd - South Korea
  • Kumho Petrochemical, South Korea
  • Bulk Trading Sa - Switzerland
  • Borneo Indobara - Indonesia
  • Siam City Cement - Thailand
  • IOL Indonesia
  • ASAPP Information Group - India
  • Maharashtra Electricity Regulatory Commission - India
  • WorleyParsons
  • Aditya Birla Group - India
  • Sree Jayajothi Cements Limited - India
  • London Commodity Brokers - England
  • Mintek Dendrill Indonesia
  • CESC Limited - India
  • Metalloyd Limited - United Kingdom
  • Trasteel International SA, Italy
  • Coalindo Energy - Indonesia
  • Indian Energy Exchange, India
  • Planning Commission, India
  • Shree Cement - India
  • UBS Singapore
  • Romanian Commodities Exchange
  • Coal Orbis AG
  • Global Coal Blending Company Limited - Australia
  • PNOC Exploration Corporation - Philippines
  • India Bulls Power Limited - India
  • EMO - The Netherlands
  • ANZ Bank - Australia
  • Britmindo - Indonesia
  • JPower - Japan
  • Savvy Resources Ltd - HongKong
  • Indonesia Power. PT
  • Indian Oil Corporation Limited
  • SASOL - South Africa
  • Credit Suisse - India
  • Mitsubishi Corporation
  • GHCL Limited - India
  • MS Steel International - UAE
  • Leighton Contractors Pty Ltd - Australia
  • World Coal - UK
  • Bharathi Cement Corporation - India
  • Alfred C Toepfer International GmbH - Germany
  • Thomson Reuters GRC
  • Indogreen Group - Indonesia
  • Global Green Power PLC Corporation, Philippines
  • ETA - Dubai
  • Altura Mining Limited, Indonesia
  • Cemex - Philippines
  • Bank of Tokyo Mitsubishi UFJ Ltd
  • Vale Mozambique
  • The University of Queensland
  • World Bank
  • Inco-Indonesia
  • NTPC Limited - India
  • GN Power Mariveles Coal Plant, Philippines
  • Thailand Anthracite
  • Pinang Coal Indonesia
  • Medco Energi Mining Internasional
  • Tata Chemicals Ltd - India
  • Sarangani Energy Corporation, Philippines
  • Adaro Indonesia
  • KPCL - India
  • Renaissance Capital - South Africa
  • Binh Thuan Hamico - Vietnam
  • Minerals Council of Australia
  • U S Energy Resources
  • Rio Tinto Coal - Australia
  • Australian Coal Association
  • Videocon Industries ltd - India
  • Meralco Power Generation, Philippines
  • Economic Council, Georgia
  • Kaltim Prima Coal - Indonesia
  • Bhushan Steel Limited - India
  • Anglo American - United Kingdom
  • Makarim & Taira - Indonesia
  • Adani Power Ltd - India
  • PetroVietnam Power Coal Import and Supply Company
  • Malco - India
  • Asmin Koalindo Tuhup - Indonesia
  • Africa Commodities Group - South Africa
  • Standard Chartered Bank - UAE
  • The State Trading Corporation of India Ltd
  • Filglen & Citicon Mining (HK) Ltd - Hong Kong
  • Eastern Energy - Thailand
  • APGENCO India
  • KOWEPO - South Korea
  • Jindal Steel & Power Ltd - India
  • Baramulti Group, Indonesia
  • Bank of America