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
Monday, 19 November 12
GOVT PREPARES TO FACE ANOTHER SUIT ON MINING LAW - THE JAKARTA POST


The government is gearing up to face a complaint on the 2009 Mining Law prepared by the same organization that previously brought down upstream oil and gas regulator BPMigas through a surprising verdict from the Constitutional Court, a minister has said.

Energy and Mineral Resources Minister Jero Wacik said on Sunday he would gather all of the lawmakers and officials involved in the formulation of the Mining Law as part of preparations for the planned judicial review.

“It is my job as a minister to implement all the steps stipulated in the existing laws. If a law is annulled, then those involved in its drafting must also be responsible,” he told The Jakarta Post in a
telephone interview.

Jero was commenting on a recent statement by Muhammadiyah’s chairman, Din Syamsuddin, who said the organization would continue to file complaints on several natural resource laws in a bid to open access for Indonesians to benefit from the country’s rich resources.

Din told reporters at Muhammadiyah’s headquarters in Jakarta last Thursday that the nation’s second-largest Muslim organization saw several regulations, including those issued under the Mining Law, as unconstitutional because “they have impoverished the majority of Indonesians and enriched foreign agencies”.

“We are not anti-foreigners, but we believe that the government must put its people first before any business ties with foreign companies,” he added.

Din cited this idea as the reason Muhammadiyah had teamed up with 41 other organizations to file a review of the 2001 Oil and Gas Law last year, several parts of which were struck down by the Constitutional Court last week, resulting in the dissolution of BPMigas.

According to Din, a team of experts had conducted a thorough review of the law from 2009 to 2010 before finally concluding that it contradicted the 1945 Constitution.

Several high-profile figures also joined the club to petition for the review, including Hasyim Muzadi, the former chairman of Indonesia’s largest Muslim organization, Nahdlatul Ulama (NU), and senior Golkar Party politician and former industry minister, Fahmi Idris.

Kwik Kian Gie and Rizal Ramli — former ministers under administrations of the late Abdurrahman Wahid and Megawati Soekarnoputri — as well as Kurtubi, an energy expert at state energy firm PT Pertamina, were asked by the plaintiffs to become expert witnesses in the case.

In September, a Supreme Court verdict ordered the government to withdraw four chapters of the Energy and Mineral Resources Ministerial Decree No. 7 on mineral processing, including one chapter on export taxes for mineral ore, after reviewing a complaint from Indonesia’s nickel businesses association.

The export tax was meant to prevent the exploitation of mineral ore ahead of the government’s plan to fully prohibit exports of unprocessed metals in 2014, as stipulated in the Mining Law, which will be subject to review by the Constitutional Court.

Jero had earlier said that the government was currently drafting a new regulation in light of the verdict.

Separately, noted lawyer Todung Mulya Lubis said the court’s verdict to disband BPMigas pointed to the legal uncertainties faced by foreign investors in expanding their businesses in Southeast Asia’s largest economy.

With the Constitutional Court currently reviewing the 2009 Mining Law, Todung noted more businesses would be wary of the risks of investing in Indonesia.

Source:
The Jakarta Post (by: Amahl S. Azwar and Margareth S. Aritonang)



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

Recent News

Tuesday, 04 December 12
JATENERGY SIGNS MOU FOR INDONESIAN COAL ASSET
COALspot.com - Jatenergy Limited has announced that its fully-owned Indonesian subsidiary, PT Barata Energy (BE), has signed an exclusive, non-bindi ...


Tuesday, 04 December 12
NEWCASTLE PORT SHIPPED 55.88 PERCENT MORE COAL W/E 3 DECEMBER 2012
COALspot.com - Newcastle port in Australia has loaded 2,796,341 MT of thermal and coking coal for week ended  0700 hours 3 December 2012, Newca ...


Sunday, 02 December 12
YEAR 2013, YEAR OF SUPPLY OR DEMAND?
COALspot.com - Sub-Bit Indonesia coal swaps (FOB ) for average Q1  2013 delivery gained 2.87 & 0.83 percent MoM and WoW  respectively ...


Saturday, 01 December 12
TIGHT SUPPLY, DEMAND PUSH INDO-INDIA SUPRAMAX FREIGHT RATES HIGHER - VISTAAR
COALspot.com - The freight market was mixed this week as cape and Panamax indices are closing softer. The BDI was down 0.37 pct closing at 1,086 ...


Friday, 30 November 12
FUTURE TREND OF SECOND HAND SHIP VALUES PUZZLING SHIP OWNERS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
One of the major challenges that ship owners are facing today is whether or not to invest in a second hand vessel at any given time. For instance, i ...


   894 895 896 897 898   
Showing 4476 to 4480 news of total 6871
News by Category
Popular News
 
Total Members : 28,701
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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