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Wednesday, 21 November 12
LITTLE IMPACT FROM DISSOLUTION OF BP MIGAS ON INDONESIAN OIL & GAS COMPANIES - FITCH
Fitch Ratings has said that the recent court order to abolish the Indonesian upstream oil and gas regulator, BP Migas, has minimal immediate impact on the operations of the country's upstream oil and gas (O&G) companies.
The ruling does not impact existing upstream contracts made under BP Migas since its establishment in 2002, as these are not invalidated by the court ruling.
Furthermore, the regulatory functions of BP Migas have been transferred to the Ministry of Energy and Mineral Resources with immediate effect.
Fitch believes that the immediate impact of the ruling is limited to possible delays on completion of contracts for oil and gas exploration, development and production that were under consideration at the time of BPMIGAS's dissolution, including both new and contract extensions.
Although upstream operators are not materially affected by this development, the ruling highlights regulatory and legal risks in Indonesia, especially in the natural resources sector. Fitch already incorporates a higher level of regulatory risk than other jurisdictions when assessing the credit quality of Indonesia resources companies.
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Friday, 08 February 13
NORTH P&I CLUB WARNS OF LIQUEFACTION RISK FOR BAUXITE CARGOES
The ‘A’ rated 170 million GT North P&I club has warned shipowners carrying bauxite aluminium ore cargoes that they have the potentia ...
Thursday, 07 February 13
CHINA NDRC APPROVED 10 BILLION YUAN POWER GENERATION PROJECTS
NDRC of China currently announced that some of power grid and power station in Jiangxu, Sichuan and Anhui Province would be newly constructed or ext ...
Thursday, 07 February 13
CAPESIZE : MORE ACTIVE WEEK IN THE PACIFIC - FEARNLEYS AS
Handy
The Atlantic market remained stable with no significant movement in rates. Rates from USG to FEast were around USD 18k and Black Sea to Feast ...
Thursday, 07 February 13
WEAK STEEL MARKET MEANS IRON ORE RALLY LIKELY TO END SOON - FITCH
The sharp rebound in iron ore prices over the last couple of months will hurt margins at non-integrated steel producers in the first quarter of 2013 ...
Tuesday, 05 February 13
THE SHIPPING SECTOR IS " NAVIGATING IN STORMY WATERS" - PWC
The vulnerabilities of the global economy have been exposed and have more than played their part in making 2011 one of the worst years of shipping i ...
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- PTC India Limited - India
- Latin American Coal - Colombia
- Central Electricity Authority - India
- Australian Coal Association
- Jorong Barutama Greston.PT - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Kumho Petrochemical, South Korea
- Bulk Trading Sa - Switzerland
- PetroVietnam Power Coal Import and Supply Company
- Savvy Resources Ltd - HongKong
- Indian Oil Corporation Limited
- Uttam Galva Steels Limited - India
- Miang Besar Coal Terminal - Indonesia
- Malabar Cements Ltd - India
- Economic Council, Georgia
- GAC Shipping (India) Pvt Ltd
- Aditya Birla Group - India
- Sindya Power Generating Company Private Ltd
- Karaikal Port Pvt Ltd - India
- Alfred C Toepfer International GmbH - Germany
- Holcim Trading Pte Ltd - Singapore
- Parry Sugars Refinery, India
- Krishnapatnam Port Company Ltd. - India
- Commonwealth Bank - Australia
- Essar Steel Hazira Ltd - India
- Bhushan Steel Limited - India
- Toyota Tsusho Corporation, Japan
- Directorate Of Revenue Intelligence - India
- Maheswari Brothers Coal Limited - India
- MS Steel International - UAE
- Rio Tinto Coal - Australia
- Samtan Co., Ltd - South Korea
- Electricity Authority, New Zealand
- Australian Commodity Traders Exchange
- The Treasury - Australian Government
- Petron Corporation, Philippines
- Pendopo Energi Batubara - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Posco Energy - South Korea
- Thiess Contractors Indonesia
- Independent Power Producers Association of India
- Indo Tambangraya Megah - Indonesia
- Straits Asia Resources Limited - Singapore
- Dalmia Cement Bharat India
- Medco Energi Mining Internasional
- Energy Link Ltd, New Zealand
- India Bulls Power Limited - India
- Gujarat Sidhee Cement - India
- Kaltim Prima Coal - Indonesia
- Central Java Power - Indonesia
- Bukit Baiduri Energy - Indonesia
- Goldman Sachs - Singapore
- Ministry of Mines - Canada
- Sree Jayajothi Cements Limited - India
- Minerals Council of Australia
- Kalimantan Lumbung Energi - Indonesia
- Star Paper Mills Limited - India
- Indonesian Coal Mining Association
- Antam Resourcindo - Indonesia
- Price Waterhouse Coopers - Russia
- ASAPP Information Group - India
- SN Aboitiz Power Inc, Philippines
- Indika Energy - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Intertek Mineral Services - Indonesia
- Merrill Lynch Commodities Europe
- Eastern Energy - Thailand
- Orica Mining Services - Indonesia
- Romanian Commodities Exchange
- CNBM International Corporation - China
- Karbindo Abesyapradhi - Indoneisa
- OPG Power Generation Pvt Ltd - India
- Kapuas Tunggal Persada - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- The University of Queensland
- Formosa Plastics Group - Taiwan
- Vijayanagar Sugar Pvt Ltd - India
- Wilmar Investment Holdings
- Coalindo Energy - Indonesia
- Leighton Contractors Pty Ltd - Australia
- IEA Clean Coal Centre - UK
- Neyveli Lignite Corporation Ltd, - India
- Global Coal Blending Company Limited - Australia
- Cigading International Bulk Terminal - Indonesia
- Vedanta Resources Plc - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Timah Investasi Mineral - Indoneisa
- LBH Netherlands Bv - Netherlands
- Gujarat Mineral Development Corp Ltd - India
- Power Finance Corporation Ltd., India
- GN Power Mariveles Coal Plant, Philippines
- Mercator Lines Limited - India
- Ceylon Electricity Board - Sri Lanka
- Iligan Light & Power Inc, Philippines
- Singapore Mercantile Exchange
- Attock Cement Pakistan Limited
- Heidelberg Cement - Germany
- GMR Energy Limited - India
- Tamil Nadu electricity Board
- Bahari Cakrawala Sebuku - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Global Green Power PLC Corporation, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Vizag Seaport Private Limited - India
- Kobexindo Tractors - Indoneisa
- Bhatia International Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Mintek Dendrill Indonesia
- The State Trading Corporation of India Ltd
- Planning Commission, India
- Ministry of Finance - Indonesia
- Jaiprakash Power Ventures ltd
- Kartika Selabumi Mining - Indonesia
- CIMB Investment Bank - Malaysia
- Bhoruka Overseas - Indonesia
- GVK Power & Infra Limited - India
- Mercuria Energy - Indonesia
- Orica Australia Pty. Ltd.
- Meenaskhi Energy Private Limited - India
- Bukit Makmur.PT - Indonesia
- Bayan Resources Tbk. - Indonesia
- European Bulk Services B.V. - Netherlands
- Sarangani Energy Corporation, Philippines
- Coastal Gujarat Power Limited - India
- Indian Energy Exchange, India
- Carbofer General Trading SA - India
- Marubeni Corporation - India
- Georgia Ports Authority, United States
- Simpson Spence & Young - Indonesia
- Aboitiz Power Corporation - Philippines
- Globalindo Alam Lestari - Indonesia
- Eastern Coal Council - USA
- Interocean Group of Companies - India
- Agrawal Coal Company - India
- Xindia Steels Limited - India
- Chamber of Mines of South Africa
- Offshore Bulk Terminal Pte Ltd, Singapore
- Coal and Oil Company - UAE
- Meralco Power Generation, Philippines
- Grasim Industreis Ltd - India
- London Commodity Brokers - England
- Trasteel International SA, Italy
- Bank of Tokyo Mitsubishi UFJ Ltd
- Renaissance Capital - South Africa
- Bharathi Cement Corporation - India
- Global Business Power Corporation, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- San Jose City I Power Corp, Philippines
- White Energy Company Limited
- Siam City Cement - Thailand
- Thai Mozambique Logistica
- Ambuja Cements Ltd - India
- SMG Consultants - Indonesia
- Altura Mining Limited, Indonesia
- Jindal Steel & Power Ltd - India
- International Coal Ventures Pvt Ltd - India
- Makarim & Taira - Indonesia
- Lanco Infratech Ltd - India
- Ind-Barath Power Infra Limited - India
- McConnell Dowell - Australia
- ICICI Bank Limited - India
- Standard Chartered Bank - UAE
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Sical Logistics Limited - India
- Electricity Generating Authority of Thailand
- Therma Luzon, Inc, Philippines
- Energy Development Corp, Philippines
- South Luzon Thermal Energy Corporation
- Anglo American - United Kingdom
- Semirara Mining and Power Corporation, Philippines
- Billiton Holdings Pty Ltd - Australia
- Borneo Indobara - Indonesia
- SMC Global Power, Philippines
- Oldendorff Carriers - Singapore
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Sojitz Corporation - Japan
- Wood Mackenzie - Singapore
- Africa Commodities Group - South Africa
- Bangladesh Power Developement Board
- IHS Mccloskey Coal Group - USA
- VISA Power Limited - India
- Tata Chemicals Ltd - India
- TeaM Sual Corporation - Philippines
- Metalloyd Limited - United Kingdom
- Ministry of Transport, Egypt
- Videocon Industries ltd - India
- Salva Resources Pvt Ltd - India
- Deloitte Consulting - India
- Barasentosa Lestari - Indonesia
- Riau Bara Harum - Indonesia
- Port Waratah Coal Services - Australia
- Chettinad Cement Corporation Ltd - India
- Parliament of New Zealand
- Banpu Public Company Limited - Thailand
- Binh Thuan Hamico - Vietnam
- Semirara Mining Corp, Philippines
- Edison Trading Spa - Italy
- PowerSource Philippines DevCo
- Indogreen Group - Indonesia
- Siam City Cement PLC, Thailand
- Madhucon Powers Ltd - India
- Larsen & Toubro Limited - India
- Manunggal Multi Energi - Indonesia
- Mjunction Services Limited - India
- Kohat Cement Company Ltd. - Pakistan
- PNOC Exploration Corporation - Philippines
- Cement Manufacturers Association - India
- Baramulti Group, Indonesia
- Sakthi Sugars Limited - India
- New Zealand Coal & Carbon
- Gujarat Electricity Regulatory Commission - India
- Kideco Jaya Agung - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Kepco SPC Power Corporation, Philippines
- Rashtriya Ispat Nigam Limited - India
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