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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, 30 November 12
IS INDONESIAN COAL INDUSTRY DEPENDS HEAVILY ON INDIA AND CHINA?
COALspot.com: Indonesia, the world largest multi grade coal exporter, shipped 35,143,587* tons of coal in October 2012. October exports are 19 ...
Thursday, 29 November 12
BUMI TO PRODUCE 100 MILLION TONS OF COAL BY 2014
COALspot.com - Expansions on both BUMI’ s subsidiaries, PT Kaltim Prima Coal (KPC) and PT Arutmin Indonesia ( Arutmin) , are ...
Thursday, 29 November 12
PANAMAX : A FAIRLY STEADY MARKET WITH USD 8.5-9K/DAY FOR 2 LADEN LEGS IN ATLANTIC - FEARNLEYS
Handy
The Atlantic market continues to remain quiet due to more supply of ships. Rates from USG to Far East were around USD 18k and Black Sea to Fa ...
Thursday, 29 November 12
DRY BULK MARKET SLIGHTLY HIGHER DESPITE LULL ACTIVITY - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
The dry bulk market was marginally higher yesterday, according to the industry's benchmark, the Baltic Dry Index (BDI), which rose by 7 points to 1 ...
Wednesday, 28 November 12
NEWBUILDING ORDERING PICKS UP AS SHIP OWNERS LOOK TO CLOSE DEALS BEFORE THE END OF THE YEAR - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
Ship owners are active once again in the newbuilding ordering market, as they look to clinch deals ahead of the end of the year. Once again their fo ...
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- Jindal Steel & Power Ltd - India
- Kapuas Tunggal Persada - Indonesia
- Bhushan Steel Limited - India
- Ministry of Finance - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Petrochimia International Co. Ltd.- Taiwan
- Miang Besar Coal Terminal - Indonesia
- Siam City Cement - Thailand
- Electricity Authority, New Zealand
- Meralco Power Generation, Philippines
- Interocean Group of Companies - India
- Indo Tambangraya Megah - Indonesia
- Mjunction Services Limited - India
- OPG Power Generation Pvt Ltd - India
- McConnell Dowell - Australia
- Indogreen Group - Indonesia
- Kumho Petrochemical, South Korea
- CIMB Investment Bank - Malaysia
- San Jose City I Power Corp, Philippines
- Indika Energy - Indonesia
- Ministry of Mines - Canada
- Central Java Power - Indonesia
- Romanian Commodities Exchange
- Ind-Barath Power Infra Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Bukit Makmur.PT - Indonesia
- PowerSource Philippines DevCo
- Singapore Mercantile Exchange
- Formosa Plastics Group - Taiwan
- Maheswari Brothers Coal Limited - India
- Eastern Coal Council - USA
- White Energy Company Limited
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Indian Oil Corporation Limited
- Sindya Power Generating Company Private Ltd
- Georgia Ports Authority, United States
- Toyota Tsusho Corporation, Japan
- Australian Coal Association
- Rio Tinto Coal - Australia
- Intertek Mineral Services - Indonesia
- Pendopo Energi Batubara - Indonesia
- SMG Consultants - Indonesia
- Jaiprakash Power Ventures ltd
- Edison Trading Spa - Italy
- Barasentosa Lestari - Indonesia
- PTC India Limited - India
- Minerals Council of Australia
- Gujarat Mineral Development Corp Ltd - India
- Videocon Industries ltd - India
- CNBM International Corporation - China
- Trasteel International SA, Italy
- Bahari Cakrawala Sebuku - Indonesia
- GVK Power & Infra Limited - India
- International Coal Ventures Pvt Ltd - India
- Coalindo Energy - Indonesia
- Ambuja Cements Ltd - India
- Chettinad Cement Corporation Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- Australian Commodity Traders Exchange
- Energy Link Ltd, New Zealand
- Sojitz Corporation - Japan
- Semirara Mining Corp, Philippines
- Coastal Gujarat Power Limited - India
- Eastern Energy - Thailand
- Larsen & Toubro Limited - India
- Electricity Generating Authority of Thailand
- Merrill Lynch Commodities Europe
- Bangladesh Power Developement Board
- The Treasury - Australian Government
- The University of Queensland
- Xindia Steels Limited - India
- Iligan Light & Power Inc, Philippines
- Carbofer General Trading SA - India
- Manunggal Multi Energi - Indonesia
- LBH Netherlands Bv - Netherlands
- Tamil Nadu electricity Board
- Mercator Lines Limited - India
- Economic Council, Georgia
- Karbindo Abesyapradhi - Indoneisa
- Price Waterhouse Coopers - Russia
- IEA Clean Coal Centre - UK
- Agrawal Coal Company - India
- Binh Thuan Hamico - Vietnam
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Grasim Industreis Ltd - India
- Kideco Jaya Agung - Indonesia
- Banpu Public Company Limited - Thailand
- Aboitiz Power Corporation - Philippines
- Ministry of Transport, Egypt
- Bharathi Cement Corporation - India
- Mintek Dendrill Indonesia
- Lanco Infratech Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Attock Cement Pakistan Limited
- Aditya Birla Group - India
- Orica Australia Pty. Ltd.
- Sinarmas Energy and Mining - Indonesia
- Parry Sugars Refinery, India
- Kaltim Prima Coal - Indonesia
- Bulk Trading Sa - Switzerland
- Antam Resourcindo - Indonesia
- Borneo Indobara - Indonesia
- Makarim & Taira - Indonesia
- Vizag Seaport Private Limited - India
- Timah Investasi Mineral - Indoneisa
- Planning Commission, India
- Wood Mackenzie - Singapore
- IHS Mccloskey Coal Group - USA
- Globalindo Alam Lestari - Indonesia
- Vedanta Resources Plc - India
- Port Waratah Coal Services - Australia
- GN Power Mariveles Coal Plant, Philippines
- TeaM Sual Corporation - Philippines
- European Bulk Services B.V. - Netherlands
- Africa Commodities Group - South Africa
- Commonwealth Bank - Australia
- Tata Chemicals Ltd - India
- Straits Asia Resources Limited - Singapore
- Goldman Sachs - Singapore
- MS Steel International - UAE
- Coal and Oil Company - UAE
- Power Finance Corporation Ltd., India
- Renaissance Capital - South Africa
- Thiess Contractors Indonesia
- Dalmia Cement Bharat India
- Savvy Resources Ltd - HongKong
- Asmin Koalindo Tuhup - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Petron Corporation, Philippines
- VISA Power Limited - India
- Thai Mozambique Logistica
- Medco Energi Mining Internasional
- Directorate Of Revenue Intelligence - India
- Bhatia International Limited - India
- Holcim Trading Pte Ltd - Singapore
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- Indonesian Coal Mining Association
- Siam City Cement PLC, Thailand
- Cement Manufacturers Association - India
- Karaikal Port Pvt Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Marubeni Corporation - India
- Samtan Co., Ltd - South Korea
- Deloitte Consulting - India
- Sarangani Energy Corporation, Philippines
- Maharashtra Electricity Regulatory Commission - India
- Sree Jayajothi Cements Limited - India
- Therma Luzon, Inc, Philippines
- Posco Energy - South Korea
- Global Business Power Corporation, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Meenaskhi Energy Private Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- PNOC Exploration Corporation - Philippines
- ICICI Bank Limited - India
- South Luzon Thermal Energy Corporation
- GAC Shipping (India) Pvt Ltd
- Kartika Selabumi Mining - Indonesia
- Parliament of New Zealand
- Cigading International Bulk Terminal - Indonesia
- Altura Mining Limited, Indonesia
- Riau Bara Harum - Indonesia
- Uttam Galva Steels Limited - India
- Sical Logistics Limited - India
- Wilmar Investment Holdings
- Vijayanagar Sugar Pvt Ltd - India
- Ceylon Electricity Board - Sri Lanka
- Orica Mining Services - Indonesia
- Sakthi Sugars Limited - India
- Leighton Contractors Pty Ltd - Australia
- AsiaOL BioFuels Corp., Philippines
- Madhucon Powers Ltd - India
- SMC Global Power, Philippines
- Independent Power Producers Association of India
- Kepco SPC Power Corporation, Philippines
- Latin American Coal - Colombia
- Bukit Asam (Persero) Tbk - Indonesia
- SN Aboitiz Power Inc, Philippines
- New Zealand Coal & Carbon
- Anglo American - United Kingdom
- The State Trading Corporation of India Ltd
- Semirara Mining and Power Corporation, Philippines
- Kobexindo Tractors - Indoneisa
- ASAPP Information Group - India
- PetroVietnam Power Coal Import and Supply Company
- Chamber of Mines of South Africa
- Central Electricity Authority - India
- GMR Energy Limited - India
- Mercuria Energy - Indonesia
- Heidelberg Cement - Germany
- Gujarat Electricity Regulatory Commission - India
- Bayan Resources Tbk. - Indonesia
- Global Coal Blending Company Limited - Australia
- Star Paper Mills Limited - India
- Oldendorff Carriers - Singapore
- Salva Resources Pvt Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- Simpson Spence & Young - Indonesia
- Billiton Holdings Pty Ltd - Australia
- India Bulls Power Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Baramulti Group, Indonesia
- Metalloyd Limited - United Kingdom
- London Commodity Brokers - England
- Indian Energy Exchange, India
- Rashtriya Ispat Nigam Limited - India
- Standard Chartered Bank - UAE
- Energy Development Corp, Philippines
- Malabar Cements Ltd - India
- Global Green Power PLC Corporation, Philippines
- Essar Steel Hazira Ltd - India
- Bukit Baiduri Energy - Indonesia
- Gujarat Sidhee Cement - India
- Bhoruka Overseas - Indonesia
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