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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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Wednesday, 03 October 12
BARCLAYS'S PRICE FORECAST FOR NEWCASTLE COAL HAS BEEN WRITTEN DOWN
“ The main story in the global coal markets has been the growth in supply, with all of the major exporters adding volumes into a market which ...
Sunday, 30 September 12
SUB-BIT INDONESIA COAL SWAPS: MIXED TREND
COALspot.com - Sub-Bit Indonesia coal swaps (FOB ) for November 2012 delivery lost 0.73 percent w-o-w but gained 0.41 percent d-o-d on Friday, 28 Se ...
Sunday, 30 September 12
INDONESIA HAS NO PLAN TO CAP COAL PRODUCTION
COALspot.com - “The current low coal prices were mainly due to a global oversupply condition, spurred by numerous mining exploitations in the ...
Sunday, 30 September 12
FREIGHT MARKET UNDER PRESSURE; OVERALL SENTIMENTS ARE STILL BEARISH
COALspot.com - The freight market seemed to have lost steam and all indices were down except for cape index.
The BDI was slightly down by 6 point ...
Friday, 28 September 12
DRY BULK SECOND HAND VESSELS ON HIGH DEMAND - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
Despite the demise of the dry bulk market and the collapse of freight rates since the beginning of 2012, on the back of record breaking newbuilding ...
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- Tata Chemicals Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Alfred C Toepfer International GmbH - Germany
- SMG Consultants - Indonesia
- CIMB Investment Bank - Malaysia
- Indian Energy Exchange, India
- Bharathi Cement Corporation - India
- Cement Manufacturers Association - India
- Directorate Of Revenue Intelligence - India
- Sindya Power Generating Company Private Ltd
- IEA Clean Coal Centre - UK
- Indogreen Group - Indonesia
- Timah Investasi Mineral - Indoneisa
- Vedanta Resources Plc - India
- Petron Corporation, Philippines
- Eastern Coal Council - USA
- Bahari Cakrawala Sebuku - Indonesia
- Sree Jayajothi Cements Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Goldman Sachs - Singapore
- Asia Pacific Energy Resources Ventures Inc, Philippines
- ASAPP Information Group - India
- Aditya Birla Group - India
- Energy Link Ltd, New Zealand
- Singapore Mercantile Exchange
- Kideco Jaya Agung - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Parry Sugars Refinery, India
- India Bulls Power Limited - India
- Carbofer General Trading SA - India
- Economic Council, Georgia
- Parliament of New Zealand
- Mjunction Services Limited - India
- AsiaOL BioFuels Corp., Philippines
- Oldendorff Carriers - Singapore
- Salva Resources Pvt Ltd - India
- Deloitte Consulting - India
- Central Java Power - Indonesia
- Simpson Spence & Young - Indonesia
- Edison Trading Spa - Italy
- TeaM Sual Corporation - Philippines
- Binh Thuan Hamico - Vietnam
- Indonesian Coal Mining Association
- OPG Power Generation Pvt Ltd - India
- Minerals Council of Australia
- Ind-Barath Power Infra Limited - India
- San Jose City I Power Corp, Philippines
- Energy Development Corp, Philippines
- Sarangani Energy Corporation, Philippines
- GN Power Mariveles Coal Plant, Philippines
- Uttam Galva Steels Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Wilmar Investment Holdings
- Riau Bara Harum - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Bangladesh Power Developement Board
- Maheswari Brothers Coal Limited - India
- Kapuas Tunggal Persada - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Miang Besar Coal Terminal - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Sical Logistics Limited - India
- Straits Asia Resources Limited - Singapore
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- VISA Power Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Vizag Seaport Private Limited - India
- Marubeni Corporation - India
- Renaissance Capital - South Africa
- GMR Energy Limited - India
- Krishnapatnam Port Company Ltd. - India
- ICICI Bank Limited - India
- Ministry of Transport, Egypt
- Rio Tinto Coal - Australia
- Coalindo Energy - Indonesia
- IHS Mccloskey Coal Group - USA
- SMC Global Power, Philippines
- The Treasury - Australian Government
- Meralco Power Generation, Philippines
- McConnell Dowell - Australia
- LBH Netherlands Bv - Netherlands
- Neyveli Lignite Corporation Ltd, - India
- Cigading International Bulk Terminal - Indonesia
- Bayan Resources Tbk. - Indonesia
- Bhushan Steel Limited - India
- Star Paper Mills Limited - India
- Makarim & Taira - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Heidelberg Cement - Germany
- New Zealand Coal & Carbon
- Globalindo Alam Lestari - Indonesia
- MS Steel International - UAE
- Bukit Asam (Persero) Tbk - Indonesia
- Power Finance Corporation Ltd., India
- Toyota Tsusho Corporation, Japan
- Holcim Trading Pte Ltd - Singapore
- PNOC Exploration Corporation - Philippines
- Ministry of Mines - Canada
- Grasim Industreis Ltd - India
- Antam Resourcindo - Indonesia
- Interocean Group of Companies - India
- Kobexindo Tractors - Indoneisa
- Global Green Power PLC Corporation, Philippines
- Borneo Indobara - Indonesia
- Karaikal Port Pvt Ltd - India
- Dalmia Cement Bharat India
- Indika Energy - Indonesia
- Georgia Ports Authority, United States
- Romanian Commodities Exchange
- Karbindo Abesyapradhi - Indoneisa
- Altura Mining Limited, Indonesia
- Essar Steel Hazira Ltd - India
- SN Aboitiz Power Inc, Philippines
- Posco Energy - South Korea
- Global Business Power Corporation, Philippines
- Electricity Authority, New Zealand
- Agrawal Coal Company - India
- Kalimantan Lumbung Energi - Indonesia
- Ministry of Finance - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Therma Luzon, Inc, Philippines
- Intertek Mineral Services - Indonesia
- Mercuria Energy - Indonesia
- Mintek Dendrill Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Orica Australia Pty. Ltd.
- London Commodity Brokers - England
- South Luzon Thermal Energy Corporation
- TNB Fuel Sdn Bhd - Malaysia
- Savvy Resources Ltd - HongKong
- Thai Mozambique Logistica
- White Energy Company Limited
- Africa Commodities Group - South Africa
- Indian Oil Corporation Limited
- Larsen & Toubro Limited - India
- Sojitz Corporation - Japan
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Central Electricity Authority - India
- Port Waratah Coal Services - Australia
- Sinarmas Energy and Mining - Indonesia
- Formosa Plastics Group - Taiwan
- Gujarat Mineral Development Corp Ltd - India
- Banpu Public Company Limited - Thailand
- Thiess Contractors Indonesia
- Electricity Generating Authority of Thailand
- Attock Cement Pakistan Limited
- Kumho Petrochemical, South Korea
- GAC Shipping (India) Pvt Ltd
- Orica Mining Services - Indonesia
- Xindia Steels Limited - India
- Trasteel International SA, Italy
- Barasentosa Lestari - Indonesia
- Bukit Baiduri Energy - Indonesia
- The State Trading Corporation of India Ltd
- Semirara Mining Corp, Philippines
- CNBM International Corporation - China
- Pipit Mutiara Jaya. PT, Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Meenaskhi Energy Private Limited - India
- Australian Coal Association
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Eastern Energy - Thailand
- Commonwealth Bank - Australia
- Ambuja Cements Ltd - India
- Madhucon Powers Ltd - India
- Videocon Industries ltd - India
- Iligan Light & Power Inc, Philippines
- Baramulti Group, Indonesia
- Planning Commission, India
- Bhoruka Overseas - Indonesia
- Price Waterhouse Coopers - Russia
- Siam City Cement - Thailand
- Indo Tambangraya Megah - Indonesia
- Anglo American - United Kingdom
- Gujarat Sidhee Cement - India
- Coal and Oil Company - UAE
- Bhatia International Limited - India
- Samtan Co., Ltd - South Korea
- Chamber of Mines of South Africa
- Jaiprakash Power Ventures ltd
- The University of Queensland
- Tamil Nadu electricity Board
- Metalloyd Limited - United Kingdom
- Standard Chartered Bank - UAE
- Jindal Steel & Power Ltd - India
- Lanco Infratech Ltd - India
- Mercator Lines Limited - India
- Siam City Cement PLC, Thailand
- Kepco SPC Power Corporation, Philippines
- Coastal Gujarat Power Limited - India
- Chettinad Cement Corporation Ltd - India
- International Coal Ventures Pvt Ltd - India
- Billiton Holdings Pty Ltd - Australia
- Wood Mackenzie - Singapore
- Aboitiz Power Corporation - Philippines
- Bukit Makmur.PT - Indonesia
- GVK Power & Infra Limited - India
- Leighton Contractors Pty Ltd - Australia
- Medco Energi Mining Internasional
- PowerSource Philippines DevCo
- Independent Power Producers Association of India
- Pendopo Energi Batubara - Indonesia
- PTC India Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Global Coal Blending Company Limited - Australia
- European Bulk Services B.V. - Netherlands
- Latin American Coal - Colombia
- Kaltim Prima Coal - Indonesia
- Merrill Lynch Commodities Europe
- Kartika Selabumi Mining - Indonesia
- Malabar Cements Ltd - India
- Sakthi Sugars Limited - India
- Australian Commodity Traders Exchange
- Manunggal Multi Energi - Indonesia
- Bulk Trading Sa - Switzerland
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