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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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Monday, 31 December 12
"DISTRESSED", "ECO" AND "FINANCE" ARE THE THREE WORDS WHICH CHARACTERIZED 2012 - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
2012 was yet another year of speculation, anticipation, pessimism and more speculation in the shipping markets. According to the latest weekly repor ...
Saturday, 29 December 12
SHIPBREAKING YARDS IN INDIA DEMOLISH A TOTAL OF 527 VESSELS IN 2012, BREAKING ALL PREVIOUS RECORDS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
India's ship demolition experts of Star Matrix contemplated this week on the issue of why ships in the range of 1,000 and up to 6,500 liquid tons ( ...
Thursday, 27 December 12
A LOOK AT WORLD TRADE PATTERNS DURING 2013 - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
While China's leaders are likely to stick with the 2012 economic growth rate of 7.5% when they chart a course for 2013 - its weakest pace since 199 ...
Thursday, 27 December 12
INDONESIA SHIPPED 33.578* MMT COAL IN NOVEMBER
COALspot.com: Indonesia, the world largest multi grade coal exporter has shipped 33.578* million tons of coal in November 2012. thi ...
Wednesday, 26 December 12
UPDATE ON EXPORT BAN ON RAW MINERALS AND ORE - RITA SUSANTO
COALspot.com - In May 2012, the Minister of Energy and Mineral Resources (“MoEMR”) in Regulation No.7 (“Reg-7”, amended by R ...
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- Timah Investasi Mineral - Indoneisa
- Aboitiz Power Corporation - Philippines
- Central Electricity Authority - India
- Binh Thuan Hamico - Vietnam
- Heidelberg Cement - Germany
- Singapore Mercantile Exchange
- Karaikal Port Pvt Ltd - India
- LBH Netherlands Bv - Netherlands
- Semirara Mining Corp, Philippines
- Energy Link Ltd, New Zealand
- Marubeni Corporation - India
- Indian Energy Exchange, India
- Parry Sugars Refinery, India
- International Coal Ventures Pvt Ltd - India
- Orica Australia Pty. Ltd.
- Trasteel International SA, Italy
- Bhoruka Overseas - Indonesia
- Attock Cement Pakistan Limited
- SMG Consultants - Indonesia
- Indonesian Coal Mining Association
- Kohat Cement Company Ltd. - Pakistan
- Miang Besar Coal Terminal - Indonesia
- Siam City Cement PLC, Thailand
- Anglo American - United Kingdom
- Toyota Tsusho Corporation, Japan
- Global Business Power Corporation, Philippines
- Semirara Mining and Power Corporation, Philippines
- White Energy Company Limited
- Siam City Cement - Thailand
- Coal and Oil Company - UAE
- Parliament of New Zealand
- Riau Bara Harum - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Economic Council, Georgia
- Global Coal Blending Company Limited - Australia
- Thiess Contractors Indonesia
- ASAPP Information Group - India
- Port Waratah Coal Services - Australia
- IHS Mccloskey Coal Group - USA
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Bharathi Cement Corporation - India
- Gujarat Mineral Development Corp Ltd - India
- Australian Commodity Traders Exchange
- Georgia Ports Authority, United States
- PTC India Limited - India
- Energy Development Corp, Philippines
- Kobexindo Tractors - Indoneisa
- Power Finance Corporation Ltd., India
- Maharashtra Electricity Regulatory Commission - India
- Pipit Mutiara Jaya. PT, Indonesia
- TeaM Sual Corporation - Philippines
- Vedanta Resources Plc - India
- European Bulk Services B.V. - Netherlands
- Jaiprakash Power Ventures ltd
- Vizag Seaport Private Limited - India
- London Commodity Brokers - England
- GMR Energy Limited - India
- Bukit Baiduri Energy - Indonesia
- Thai Mozambique Logistica
- Edison Trading Spa - Italy
- Electricity Generating Authority of Thailand
- SMC Global Power, Philippines
- Orica Mining Services - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Meralco Power Generation, Philippines
- Chamber of Mines of South Africa
- Aditya Birla Group - India
- ICICI Bank Limited - India
- Savvy Resources Ltd - HongKong
- Indo Tambangraya Megah - Indonesia
- GAC Shipping (India) Pvt Ltd
- Latin American Coal - Colombia
- Ind-Barath Power Infra Limited - India
- Global Green Power PLC Corporation, Philippines
- Ministry of Finance - Indonesia
- Deloitte Consulting - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Therma Luzon, Inc, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Formosa Plastics Group - Taiwan
- PowerSource Philippines DevCo
- Kepco SPC Power Corporation, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Carbofer General Trading SA - India
- The University of Queensland
- McConnell Dowell - Australia
- Chettinad Cement Corporation Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- Altura Mining Limited, Indonesia
- Mercator Lines Limited - India
- Indogreen Group - Indonesia
- Oldendorff Carriers - Singapore
- Gujarat Electricity Regulatory Commission - India
- Sindya Power Generating Company Private Ltd
- Krishnapatnam Port Company Ltd. - India
- Videocon Industries ltd - India
- Star Paper Mills Limited - India
- Indian Oil Corporation Limited
- Alfred C Toepfer International GmbH - Germany
- Neyveli Lignite Corporation Ltd, - India
- Bhatia International Limited - India
- Tamil Nadu electricity Board
- Baramulti Group, Indonesia
- Interocean Group of Companies - India
- Rio Tinto Coal - Australia
- Kideco Jaya Agung - Indonesia
- Price Waterhouse Coopers - Russia
- Tata Chemicals Ltd - India
- Sarangani Energy Corporation, Philippines
- Sojitz Corporation - Japan
- Samtan Co., Ltd - South Korea
- Romanian Commodities Exchange
- TNB Fuel Sdn Bhd - Malaysia
- Bayan Resources Tbk. - Indonesia
- Jindal Steel & Power Ltd - India
- The State Trading Corporation of India Ltd
- The Treasury - Australian Government
- Directorate Of Revenue Intelligence - India
- Straits Asia Resources Limited - Singapore
- Lanco Infratech Ltd - India
- Coalindo Energy - Indonesia
- Indika Energy - Indonesia
- Makarim & Taira - Indonesia
- India Bulls Power Limited - India
- Wood Mackenzie - Singapore
- Borneo Indobara - Indonesia
- CIMB Investment Bank - Malaysia
- Standard Chartered Bank - UAE
- Kaltim Prima Coal - Indonesia
- Coastal Gujarat Power Limited - India
- Mintek Dendrill Indonesia
- Cement Manufacturers Association - India
- Sree Jayajothi Cements Limited - India
- Banpu Public Company Limited - Thailand
- Bulk Trading Sa - Switzerland
- Madhucon Powers Ltd - India
- Bangladesh Power Developement Board
- Offshore Bulk Terminal Pte Ltd, Singapore
- Kartika Selabumi Mining - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Renaissance Capital - South Africa
- Barasentosa Lestari - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- SN Aboitiz Power Inc, Philippines
- Mjunction Services Limited - India
- Central Java Power - Indonesia
- Commonwealth Bank - Australia
- Salva Resources Pvt Ltd - India
- New Zealand Coal & Carbon
- Bukit Makmur.PT - Indonesia
- Maheswari Brothers Coal Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Holcim Trading Pte Ltd - Singapore
- GVK Power & Infra Limited - India
- Karbindo Abesyapradhi - Indoneisa
- VISA Power Limited - India
- Sakthi Sugars Limited - India
- Pendopo Energi Batubara - Indonesia
- PNOC Exploration Corporation - Philippines
- Eastern Energy - Thailand
- Larsen & Toubro Limited - India
- Ministry of Transport, Egypt
- Independent Power Producers Association of India
- Kapuas Tunggal Persada - Indonesia
- Minerals Council of Australia
- Posco Energy - South Korea
- South Luzon Thermal Energy Corporation
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Bhushan Steel Limited - India
- Africa Commodities Group - South Africa
- Rashtriya Ispat Nigam Limited - India
- Petron Corporation, Philippines
- Cigading International Bulk Terminal - Indonesia
- San Jose City I Power Corp, Philippines
- Meenaskhi Energy Private Limited - India
- Iligan Light & Power Inc, Philippines
- Dalmia Cement Bharat India
- Medco Energi Mining Internasional
- Eastern Coal Council - USA
- Bahari Cakrawala Sebuku - Indonesia
- Sical Logistics Limited - India
- Agrawal Coal Company - India
- Leighton Contractors Pty Ltd - Australia
- Malabar Cements Ltd - India
- IEA Clean Coal Centre - UK
- Electricity Authority, New Zealand
- Mercuria Energy - Indonesia
- CNBM International Corporation - China
- Ministry of Mines - Canada
- Billiton Holdings Pty Ltd - Australia
- OPG Power Generation Pvt Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- Manunggal Multi Energi - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Ambuja Cements Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- Antam Resourcindo - Indonesia
- Goldman Sachs - Singapore
- AsiaOL BioFuels Corp., Philippines
- Planning Commission, India
- Simpson Spence & Young - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Uttam Galva Steels Limited - India
- Australian Coal Association
- Wilmar Investment Holdings
- Globalindo Alam Lestari - Indonesia
- Merrill Lynch Commodities Europe
- Metalloyd Limited - United Kingdom
- Essar Steel Hazira Ltd - India
- Intertek Mineral Services - Indonesia
- MS Steel International - UAE
- Gujarat Sidhee Cement - India
- Kumho Petrochemical, South Korea
- Ceylon Electricity Board - Sri Lanka
- Grasim Industreis Ltd - India
- Xindia Steels Limited - India
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