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

Saturday, 03 September 11
TNPL TO BUY 240K MT OF NON-COKING COAL
COALspot.com - Tamil Nadu Newsprint and Papers Limited (TNPL), is seeking to procure 240,000 MT +/-  5 percent of non-coking imported coal with ...


Friday, 02 September 11
CAPESIZE DEMAND LIFTS DRY BULK MARKET ONCE AGAIN - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
In what proves to be the best week of the year for Capesize owners, strong demand has helped propel the dry bulk market to new highs yesterday. The ...


Thursday, 01 September 11
EWP TO BUY 195KT OF VIETNAM COAL
COALspot.com - Korea Midland Power (KOMIPO) has issued an International open bidding for 490kt of sub bituminous coal, according to a bid invitation ...


Thursday, 01 September 11
DRY BULK MARKET TAKES GREAT LEAP FORWARD - NIKOS ROUSSANOGLOU
In what turned out to be a rather hopeful ending of the month, the last day of August saw the dry bulk market’s benchmark, the BDI (Baltic Dry ...


Tuesday, 30 August 11
FAUJI CEMENT CONSUMED MORE THAN 1 MILLION TONS OF LOCAL COAL
Cooper Minerals Inc.based in Vancouver, BC, Canada, is a junior exploration company engaged in the acquisition, exploration and development of miner ...


   1020 1021 1022 1023 1024   
Showing 5106 to 5110 news of total 6871
News by Category
Popular News
 
Total Members : 28,705
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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