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Tuesday, 11 October 11
GLENCORE, SUITOR FOR BUMI PLC? - INSIDER STORIES
Insider Stories reported that, the largest commodities trader in the world, Glencore International Plc, is considering an opportunity to acquire a minority stake in London-based Bumi Plc, which has access to nearly 80 million tons of coal production currently controlled by Bakrie family.
PT Bakrie & Brothers, that owns 47% stake in Bumi Plc, breached two conditions in a US$1.35 billion loan agreement obtained from Credit Suiise AG and a group of lenders.
As a result, Bakrie & Brothers, as quoted by Bisnis Indonesia today, is in a default position. However, Bakrie management has confirmed that the company is not in such position. The company is considering to restructure or pay the loan facility of US$597 million that will mature in March 2012.
An analyst at Liberum Capital Ltd said the potential sale of Bumi Plc has drawn interest from several investors. "Glencore is the closest suitor, regarding to the relations with Bakrie Group.
Source: Insider Stories
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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 U ...
Wednesday, 07 September 11
ANOTHER EXCEPTIONALLY STRONG WEEK FOR THE CAPESIZE MARKET - BRS
The very strong rise in Cape rates pushed through an overall improvement in the BDI this week, although relatively little benefit from the Capes has ...
Wednesday, 07 September 11
INDIA HIT BY INDONESIAS COAL PRICE - TEMPO INTERACTIVE
TEMPO Interactive, an Indonesian online news portal reported that, The Indian government has complained about the price increase of Indonesian coal, ...
Wednesday, 07 September 11
SAMPUR POWER AGREEMENT SIGNED - DAILY NEWS
Daily News, Sri Lank's national news paper reported that, the agreement for the setting up of a 500 MW coal-fired power plant at Sampur, Trincomale ...
Tuesday, 06 September 11
INDONESIAS PROPOSED COAL EXPORT BAN MAY HAVE IMPACT ON THE INDIAN POWER SECTOR - DIPESH DIPU
COALspot.com - This is a special interview about Indonesian proposed coal export ban by 2014, with Mr. Dipesh Dipu, Director of Deloitte Touche Tohm ...
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- Samtan Co., Ltd - South Korea
- Indika Energy - Indonesia
- Mintek Dendrill Indonesia
- Videocon Industries ltd - India
- White Energy Company Limited
- Tata Chemicals Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- IHS Mccloskey Coal Group - USA
- Bhushan Steel Limited - India
- Meralco Power Generation, Philippines
- Jindal Steel & Power Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- Kobexindo Tractors - Indoneisa
- Deloitte Consulting - India
- Straits Asia Resources Limited - Singapore
- Aditya Birla Group - India
- Anglo American - United Kingdom
- PTC India Limited - India
- Bayan Resources Tbk. - Indonesia
- Essar Steel Hazira Ltd - India
- Gujarat Electricity Regulatory Commission - India
- Manunggal Multi Energi - Indonesia
- Singapore Mercantile Exchange
- Parry Sugars Refinery, India
- Vizag Seaport Private Limited - India
- Goldman Sachs - Singapore
- Borneo Indobara - Indonesia
- SMC Global Power, Philippines
- Sakthi Sugars Limited - India
- Central Java Power - Indonesia
- European Bulk Services B.V. - Netherlands
- Chamber of Mines of South Africa
- Salva Resources Pvt Ltd - India
- Africa Commodities Group - South Africa
- Carbofer General Trading SA - India
- Kumho Petrochemical, South Korea
- Posco Energy - South Korea
- Barasentosa Lestari - Indonesia
- GMR Energy Limited - India
- Economic Council, Georgia
- Dalmia Cement Bharat India
- Metalloyd Limited - United Kingdom
- Alfred C Toepfer International GmbH - Germany
- Semirara Mining Corp, Philippines
- VISA Power Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Indian Oil Corporation Limited
- Therma Luzon, Inc, Philippines
- OPG Power Generation Pvt Ltd - India
- CNBM International Corporation - China
- Kepco SPC Power Corporation, Philippines
- Asmin Koalindo Tuhup - Indonesia
- Eastern Coal Council - USA
- Global Business Power Corporation, Philippines
- GVK Power & Infra Limited - India
- Power Finance Corporation Ltd., India
- Bukit Asam (Persero) Tbk - Indonesia
- Binh Thuan Hamico - Vietnam
- Ind-Barath Power Infra Limited - India
- Riau Bara Harum - Indonesia
- Energy Development Corp, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Timah Investasi Mineral - Indoneisa
- Bukit Makmur.PT - Indonesia
- Xindia Steels Limited - India
- Siam City Cement - Thailand
- Thiess Contractors Indonesia
- Karaikal Port Pvt Ltd - India
- Merrill Lynch Commodities Europe
- Renaissance Capital - South Africa
- MS Steel International - UAE
- Bhatia International Limited - India
- SN Aboitiz Power Inc, Philippines
- Larsen & Toubro Limited - India
- Madhucon Powers Ltd - India
- Bangladesh Power Developement Board
- Savvy Resources Ltd - HongKong
- Star Paper Mills Limited - India
- SMG Consultants - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- ASAPP Information Group - India
- Romanian Commodities Exchange
- Rio Tinto Coal - Australia
- Kapuas Tunggal Persada - Indonesia
- Bulk Trading Sa - Switzerland
- Sinarmas Energy and Mining - Indonesia
- San Jose City I Power Corp, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Siam City Cement PLC, Thailand
- ICICI Bank Limited - India
- Commonwealth Bank - Australia
- Ministry of Mines - Canada
- Sindya Power Generating Company Private Ltd
- GAC Shipping (India) Pvt Ltd
- Interocean Group of Companies - India
- Antam Resourcindo - Indonesia
- Oldendorff Carriers - Singapore
- CIMB Investment Bank - Malaysia
- India Bulls Power Limited - India
- Coastal Gujarat Power Limited - India
- Attock Cement Pakistan Limited
- PowerSource Philippines DevCo
- Electricity Authority, New Zealand
- Chettinad Cement Corporation Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- TNB Fuel Sdn Bhd - Malaysia
- Kartika Selabumi Mining - Indonesia
- Sarangani Energy Corporation, Philippines
- Coal and Oil Company - UAE
- Krishnapatnam Port Company Ltd. - India
- Leighton Contractors Pty Ltd - Australia
- Globalindo Alam Lestari - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Latin American Coal - Colombia
- Tamil Nadu electricity Board
- Maharashtra Electricity Regulatory Commission - India
- Wood Mackenzie - Singapore
- The University of Queensland
- Port Waratah Coal Services - Australia
- Parliament of New Zealand
- Minerals Council of Australia
- Global Green Power PLC Corporation, Philippines
- McConnell Dowell - Australia
- Global Coal Blending Company Limited - Australia
- AsiaOL BioFuels Corp., Philippines
- Altura Mining Limited, Indonesia
- International Coal Ventures Pvt Ltd - India
- Australian Commodity Traders Exchange
- Sree Jayajothi Cements Limited - India
- Grasim Industreis Ltd - India
- Malabar Cements Ltd - India
- Agrawal Coal Company - India
- Ambuja Cements Ltd - India
- PNOC Exploration Corporation - Philippines
- Bhoruka Overseas - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Ministry of Finance - Indonesia
- Iligan Light & Power Inc, Philippines
- Maheswari Brothers Coal Limited - India
- Intertek Mineral Services - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Heidelberg Cement - Germany
- Bukit Baiduri Energy - Indonesia
- Energy Link Ltd, New Zealand
- Indo Tambangraya Megah - Indonesia
- Gujarat Sidhee Cement - India
- Holcim Trading Pte Ltd - Singapore
- Kideco Jaya Agung - Indonesia
- Wilmar Investment Holdings
- Australian Coal Association
- Electricity Generating Authority of Thailand
- Trasteel International SA, Italy
- Gujarat Mineral Development Corp Ltd - India
- Miang Besar Coal Terminal - Indonesia
- New Zealand Coal & Carbon
- Mercuria Energy - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Directorate Of Revenue Intelligence - India
- Mjunction Services Limited - India
- Ministry of Transport, Egypt
- Kohat Cement Company Ltd. - Pakistan
- Simpson Spence & Young - Indonesia
- Mercator Lines Limited - India
- The Treasury - Australian Government
- Sical Logistics Limited - India
- Central Electricity Authority - India
- Bharathi Cement Corporation - India
- Ceylon Electricity Board - Sri Lanka
- Formosa Plastics Group - Taiwan
- Meenaskhi Energy Private Limited - India
- Thai Mozambique Logistica
- Cement Manufacturers Association - India
- Cigading International Bulk Terminal - Indonesia
- Jaiprakash Power Ventures ltd
- Orica Mining Services - Indonesia
- The State Trading Corporation of India Ltd
- Petrochimia International Co. Ltd.- Taiwan
- Vijayanagar Sugar Pvt Ltd - India
- Pendopo Energi Batubara - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Sojitz Corporation - Japan
- Aboitiz Power Corporation - Philippines
- Planning Commission, India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Georgia Ports Authority, United States
- South Luzon Thermal Energy Corporation
- Uttam Galva Steels Limited - India
- Independent Power Producers Association of India
- Makarim & Taira - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- TeaM Sual Corporation - Philippines
- Indonesian Coal Mining Association
- Orica Australia Pty. Ltd.
- Indian Energy Exchange, India
- Edison Trading Spa - Italy
- Kaltim Prima Coal - Indonesia
- Vedanta Resources Plc - India
- LBH Netherlands Bv - Netherlands
- Petron Corporation, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- London Commodity Brokers - England
- Price Waterhouse Coopers - Russia
- Toyota Tsusho Corporation, Japan
- Eastern Energy - Thailand
- IEA Clean Coal Centre - UK
- Indogreen Group - Indonesia
- Coalindo Energy - Indonesia
- Baramulti Group, Indonesia
- Billiton Holdings Pty Ltd - Australia
- Marubeni Corporation - India
- Banpu Public Company Limited - Thailand
- Bank of Tokyo Mitsubishi UFJ Ltd
- Standard Chartered Bank - UAE
- Lanco Infratech Ltd - India
- Medco Energi Mining Internasional
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