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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, 19 September 12
CHURCHILL STRENGTHENS LITIGATION TEAM WITH APPOINTMENT OF NICHOLAS SMITH AS MANAGING DIRECTOR
COALspot.com - Churchill Mining PLC (AIM: CHL) has announced that, Mr Nicholas Smith has joined the board of the Company and has been appointed as t ...
Wednesday, 19 September 12
DRY BULK TERMINALS SINGAPORE
Press Release - Dry bulk terminals are used all around the world to handle large quantities of bulk materials, like minerals, grains, etc. In today& ...
Tuesday, 18 September 12
JORC CODE REVISION - EXPOSURE DRAFT RELEASED FOR COMMENT
COALspot.com - The Australasian Joint Ore Reserves Committee (JORC) has today released for public comment the exposure draft of the JORC Code (2012) ...
Monday, 17 September 12
YEAR TO DATE, BUMA PRODUCED 231.1 MILLION BCM OF OVERBURDEN
COALspot.com - PT. Delta Dunia Makmur Tbk has removed 31.5 million bcm (+6.0 percent YoY) overburden in August 2012 totaled 31.5 million bcm ( ...
Sunday, 16 September 12
GLOBAL LOW DEMAND ; INDONESIA COAL AND CFR SOUTH CHINA COAL SWAPS DIP
COALspot.com - Sub-Bit Indonesia coal swaps (FOB ) for November 2012 delivery lost 1.345 percent W-O-W on Friday, 14 September 2012, closing but gai ...
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- Maheswari Brothers Coal Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Pipit Mutiara Jaya. PT, Indonesia
- Bukit Baiduri Energy - Indonesia
- Eastern Coal Council - USA
- Orica Mining Services - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Antam Resourcindo - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Kaltim Prima Coal - Indonesia
- Wilmar Investment Holdings
- Gujarat Sidhee Cement - India
- Kepco SPC Power Corporation, Philippines
- Mercator Lines Limited - India
- ICICI Bank Limited - India
- European Bulk Services B.V. - Netherlands
- Central Java Power - Indonesia
- Siam City Cement - Thailand
- Petron Corporation, Philippines
- Coastal Gujarat Power Limited - India
- Gujarat Electricity Regulatory Commission - India
- Billiton Holdings Pty Ltd - Australia
- Agrawal Coal Company - India
- Sical Logistics Limited - India
- Ambuja Cements Ltd - India
- AsiaOL BioFuels Corp., Philippines
- Africa Commodities Group - South Africa
- Meralco Power Generation, Philippines
- Vizag Seaport Private Limited - India
- Chamber of Mines of South Africa
- Asmin Koalindo Tuhup - Indonesia
- Bukit Makmur.PT - Indonesia
- Baramulti Group, Indonesia
- VISA Power Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Pendopo Energi Batubara - Indonesia
- Interocean Group of Companies - India
- The Treasury - Australian Government
- Xindia Steels Limited - India
- Minerals Council of Australia
- PTC India Limited - India
- Singapore Mercantile Exchange
- Karbindo Abesyapradhi - Indoneisa
- Chettinad Cement Corporation Ltd - India
- IEA Clean Coal Centre - UK
- Sarangani Energy Corporation, Philippines
- Bangladesh Power Developement Board
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Indian Energy Exchange, India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Indian Oil Corporation Limited
- Vijayanagar Sugar Pvt Ltd - India
- Riau Bara Harum - Indonesia
- Global Coal Blending Company Limited - Australia
- Attock Cement Pakistan Limited
- Ind-Barath Power Infra Limited - India
- LBH Netherlands Bv - Netherlands
- International Coal Ventures Pvt Ltd - India
- Jindal Steel & Power Ltd - India
- London Commodity Brokers - England
- CNBM International Corporation - China
- Commonwealth Bank - Australia
- Deloitte Consulting - India
- GVK Power & Infra Limited - India
- Madhucon Powers Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- Global Green Power PLC Corporation, Philippines
- SMC Global Power, Philippines
- Krishnapatnam Port Company Ltd. - India
- Kapuas Tunggal Persada - Indonesia
- Trasteel International SA, Italy
- Power Finance Corporation Ltd., India
- Anglo American - United Kingdom
- GAC Shipping (India) Pvt Ltd
- Salva Resources Pvt Ltd - India
- Alfred C Toepfer International GmbH - Germany
- Grasim Industreis Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Barasentosa Lestari - Indonesia
- Siam City Cement PLC, Thailand
- Bharathi Cement Corporation - India
- TNB Fuel Sdn Bhd - Malaysia
- Bhatia International Limited - India
- Essar Steel Hazira Ltd - India
- Planning Commission, India
- The University of Queensland
- San Jose City I Power Corp, Philippines
- Thai Mozambique Logistica
- ASAPP Information Group - India
- Electricity Authority, New Zealand
- Sojitz Corporation - Japan
- White Energy Company Limited
- Karaikal Port Pvt Ltd - India
- Simpson Spence & Young - Indonesia
- CIMB Investment Bank - Malaysia
- Manunggal Multi Energi - Indonesia
- Aboitiz Power Corporation - Philippines
- Indika Energy - Indonesia
- Borneo Indobara - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Bahari Cakrawala Sebuku - Indonesia
- Larsen & Toubro Limited - India
- Rio Tinto Coal - Australia
- Kobexindo Tractors - Indoneisa
- PNOC Exploration Corporation - Philippines
- Globalindo Alam Lestari - Indonesia
- India Bulls Power Limited - India
- Tamil Nadu electricity Board
- Coal and Oil Company - UAE
- Metalloyd Limited - United Kingdom
- Heidelberg Cement - Germany
- MS Steel International - UAE
- Price Waterhouse Coopers - Russia
- Directorate General of MIneral and Coal - Indonesia
- Formosa Plastics Group - Taiwan
- Georgia Ports Authority, United States
- Directorate Of Revenue Intelligence - India
- Malabar Cements Ltd - India
- Kideco Jaya Agung - Indonesia
- McConnell Dowell - Australia
- Aditya Birla Group - India
- Medco Energi Mining Internasional
- Sakthi Sugars Limited - India
- Cement Manufacturers Association - India
- Bayan Resources Tbk. - Indonesia
- Intertek Mineral Services - Indonesia
- Ministry of Finance - Indonesia
- Eastern Energy - Thailand
- Wood Mackenzie - Singapore
- Mjunction Services Limited - India
- Global Business Power Corporation, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Merrill Lynch Commodities Europe
- Samtan Co., Ltd - South Korea
- Electricity Generating Authority of Thailand
- Cigading International Bulk Terminal - Indonesia
- Dalmia Cement Bharat India
- TeaM Sual Corporation - Philippines
- Gujarat Mineral Development Corp Ltd - India
- South Luzon Thermal Energy Corporation
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Binh Thuan Hamico - Vietnam
- Meenaskhi Energy Private Limited - India
- Jaiprakash Power Ventures ltd
- PowerSource Philippines DevCo
- Latin American Coal - Colombia
- Iligan Light & Power Inc, Philippines
- Toyota Tsusho Corporation, Japan
- Lanco Infratech Ltd - India
- Altura Mining Limited, Indonesia
- Sinarmas Energy and Mining - Indonesia
- Semirara Mining and Power Corporation, Philippines
- SN Aboitiz Power Inc, Philippines
- Uttam Galva Steels Limited - India
- Miang Besar Coal Terminal - Indonesia
- Goldman Sachs - Singapore
- Thiess Contractors Indonesia
- SMG Consultants - Indonesia
- Independent Power Producers Association of India
- Parliament of New Zealand
- Banpu Public Company Limited - Thailand
- Semirara Mining Corp, Philippines
- Carbofer General Trading SA - India
- Energy Development Corp, Philippines
- Bulk Trading Sa - Switzerland
- Mercuria Energy - Indonesia
- Bhushan Steel Limited - India
- New Zealand Coal & Carbon
- Bhoruka Overseas - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Orica Australia Pty. Ltd.
- Parry Sugars Refinery, India
- Port Waratah Coal Services - Australia
- Economic Council, Georgia
- Indonesian Coal Mining Association
- Sree Jayajothi Cements Limited - India
- Romanian Commodities Exchange
- Therma Luzon, Inc, Philippines
- Vedanta Resources Plc - India
- Standard Chartered Bank - UAE
- Posco Energy - South Korea
- Kartika Selabumi Mining - Indonesia
- Savvy Resources Ltd - HongKong
- Indogreen Group - Indonesia
- Ministry of Mines - Canada
- Mintek Dendrill Indonesia
- Tata Chemicals Ltd - India
- Marubeni Corporation - India
- Australian Commodity Traders Exchange
- Australian Coal Association
- Ceylon Electricity Board - Sri Lanka
- Edison Trading Spa - Italy
- Rashtriya Ispat Nigam Limited - India
- Coalindo Energy - Indonesia
- Star Paper Mills Limited - India
- Sindya Power Generating Company Private Ltd
- Kohat Cement Company Ltd. - Pakistan
- Makarim & Taira - Indonesia
- Energy Link Ltd, New Zealand
- Timah Investasi Mineral - Indoneisa
- GMR Energy Limited - India
- Neyveli Lignite Corporation Ltd, - India
- The State Trading Corporation of India Ltd
- OPG Power Generation Pvt Ltd - India
- Videocon Industries ltd - India
- Kumho Petrochemical, South Korea
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Ministry of Transport, Egypt
- Indo Tambangraya Megah - Indonesia
- Oldendorff Carriers - Singapore
- IHS Mccloskey Coal Group - USA
- Renaissance Capital - South Africa
- Holcim Trading Pte Ltd - Singapore
- Straits Asia Resources Limited - Singapore
- Central Electricity Authority - India
- Kalimantan Lumbung Energi - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
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