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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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- Ind-Barath Power Infra Limited - India
- Miang Besar Coal Terminal - Indonesia
- Bukit Baiduri Energy - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Toyota Tsusho Corporation, Japan
- Straits Asia Resources Limited - Singapore
- Malabar Cements Ltd - India
- Wood Mackenzie - Singapore
- Coal and Oil Company - UAE
- Bulk Trading Sa - Switzerland
- Krishnapatnam Port Company Ltd. - India
- Sakthi Sugars Limited - India
- Australian Coal Association
- Merrill Lynch Commodities Europe
- Heidelberg Cement - Germany
- Essar Steel Hazira Ltd - India
- Georgia Ports Authority, United States
- Orica Australia Pty. Ltd.
- Trasteel International SA, Italy
- Riau Bara Harum - Indonesia
- Intertek Mineral Services - Indonesia
- Makarim & Taira - Indonesia
- Semirara Mining and Power Corporation, Philippines
- LBH Netherlands Bv - Netherlands
- Bank of Tokyo Mitsubishi UFJ Ltd
- Gujarat Sidhee Cement - India
- Kalimantan Lumbung Energi - Indonesia
- Manunggal Multi Energi - Indonesia
- Rio Tinto Coal - Australia
- Lanco Infratech Ltd - India
- Eastern Energy - Thailand
- VISA Power Limited - India
- Jaiprakash Power Ventures ltd
- Standard Chartered Bank - UAE
- Parry Sugars Refinery, India
- Kobexindo Tractors - Indoneisa
- Indian Oil Corporation Limited
- Kepco SPC Power Corporation, Philippines
- Maheswari Brothers Coal Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Ambuja Cements Ltd - India
- Grasim Industreis Ltd - India
- Indogreen Group - Indonesia
- European Bulk Services B.V. - Netherlands
- PowerSource Philippines DevCo
- Baramulti Group, Indonesia
- Kapuas Tunggal Persada - Indonesia
- Xindia Steels Limited - India
- Interocean Group of Companies - India
- Sinarmas Energy and Mining - Indonesia
- Indika Energy - Indonesia
- Edison Trading Spa - Italy
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Vedanta Resources Plc - India
- Thiess Contractors Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Bharathi Cement Corporation - India
- Samtan Co., Ltd - South Korea
- Jindal Steel & Power Ltd - India
- Karaikal Port Pvt Ltd - India
- South Luzon Thermal Energy Corporation
- White Energy Company Limited
- Carbofer General Trading SA - India
- Sojitz Corporation - Japan
- Latin American Coal - Colombia
- Price Waterhouse Coopers - Russia
- India Bulls Power Limited - India
- Dalmia Cement Bharat India
- CIMB Investment Bank - Malaysia
- SN Aboitiz Power Inc, Philippines
- Meenaskhi Energy Private Limited - India
- Posco Energy - South Korea
- Larsen & Toubro Limited - India
- Bhoruka Overseas - Indonesia
- Global Coal Blending Company Limited - Australia
- Coalindo Energy - Indonesia
- Kumho Petrochemical, South Korea
- Bhushan Steel Limited - India
- International Coal Ventures Pvt Ltd - India
- The Treasury - Australian Government
- OPG Power Generation Pvt Ltd - India
- McConnell Dowell - Australia
- AsiaOL BioFuels Corp., Philippines
- Kideco Jaya Agung - Indonesia
- Iligan Light & Power Inc, Philippines
- SMC Global Power, Philippines
- Semirara Mining Corp, Philippines
- Medco Energi Mining Internasional
- TNB Fuel Sdn Bhd - Malaysia
- Goldman Sachs - Singapore
- Bhatia International Limited - India
- Vizag Seaport Private Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Energy Link Ltd, New Zealand
- Attock Cement Pakistan Limited
- Offshore Bulk Terminal Pte Ltd, Singapore
- Barasentosa Lestari - Indonesia
- Chettinad Cement Corporation Ltd - India
- GAC Shipping (India) Pvt Ltd
- Renaissance Capital - South Africa
- Electricity Generating Authority of Thailand
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Altura Mining Limited, Indonesia
- Sical Logistics Limited - India
- Sindya Power Generating Company Private Ltd
- Pipit Mutiara Jaya. PT, Indonesia
- Africa Commodities Group - South Africa
- The University of Queensland
- Eastern Coal Council - USA
- Rashtriya Ispat Nigam Limited - India
- Ceylon Electricity Board - Sri Lanka
- Borneo Indobara - Indonesia
- Electricity Authority, New Zealand
- Madhucon Powers Ltd - India
- Siam City Cement PLC, Thailand
- Tata Chemicals Ltd - India
- Siam City Cement - Thailand
- Indo Tambangraya Megah - Indonesia
- Anglo American - United Kingdom
- Sarangani Energy Corporation, Philippines
- Energy Development Corp, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Oldendorff Carriers - Singapore
- MS Steel International - UAE
- Aditya Birla Group - India
- Bangladesh Power Developement Board
- Binh Thuan Hamico - Vietnam
- Power Finance Corporation Ltd., India
- Mjunction Services Limited - India
- Tamil Nadu electricity Board
- Petrochimia International Co. Ltd.- Taiwan
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Chamber of Mines of South Africa
- Independent Power Producers Association of India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- Commonwealth Bank - Australia
- Leighton Contractors Pty Ltd - Australia
- Coastal Gujarat Power Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Aboitiz Power Corporation - Philippines
- Planning Commission, India
- Global Business Power Corporation, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- PetroVietnam Power Coal Import and Supply Company
- Bayan Resources Tbk. - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Central Electricity Authority - India
- PTC India Limited - India
- Antam Resourcindo - Indonesia
- Agrawal Coal Company - India
- Orica Mining Services - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- GMR Energy Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Petron Corporation, Philippines
- Indonesian Coal Mining Association
- Wilmar Investment Holdings
- San Jose City I Power Corp, Philippines
- Minerals Council of Australia
- SMG Consultants - Indonesia
- Cement Manufacturers Association - India
- Romanian Commodities Exchange
- PNOC Exploration Corporation - Philippines
- ICICI Bank Limited - India
- Videocon Industries ltd - India
- Salva Resources Pvt Ltd - India
- Therma Luzon, Inc, Philippines
- Ministry of Finance - Indonesia
- Billiton Holdings Pty Ltd - Australia
- The State Trading Corporation of India Ltd
- Mercuria Energy - Indonesia
- Banpu Public Company Limited - Thailand
- Uttam Galva Steels Limited - India
- Timah Investasi Mineral - Indoneisa
- Mintek Dendrill Indonesia
- Economic Council, Georgia
- Directorate Of Revenue Intelligence - India
- Simpson Spence & Young - Indonesia
- Singapore Mercantile Exchange
- GVK Power & Infra Limited - India
- Indian Energy Exchange, India
- CNBM International Corporation - China
- Central Java Power - Indonesia
- Kartika Selabumi Mining - Indonesia
- Global Green Power PLC Corporation, Philippines
- IEA Clean Coal Centre - UK
- Bukit Makmur.PT - Indonesia
- Savvy Resources Ltd - HongKong
- Star Paper Mills Limited - India
- Deloitte Consulting - India
- IHS Mccloskey Coal Group - USA
- London Commodity Brokers - England
- Formosa Plastics Group - Taiwan
- Cigading International Bulk Terminal - Indonesia
- Sree Jayajothi Cements Limited - India
- Port Waratah Coal Services - Australia
- GN Power Mariveles Coal Plant, Philippines
- TeaM Sual Corporation - Philippines
- Kaltim Prima Coal - Indonesia
- Metalloyd Limited - United Kingdom
- Pendopo Energi Batubara - Indonesia
- Thai Mozambique Logistica
- Gujarat Electricity Regulatory Commission - India
- Ministry of Mines - Canada
- Globalindo Alam Lestari - Indonesia
- Ministry of Transport, Egypt
- Holcim Trading Pte Ltd - Singapore
- Marubeni Corporation - India
- Alfred C Toepfer International GmbH - Germany
- New Zealand Coal & Carbon
- Australian Commodity Traders Exchange
- Meralco Power Generation, Philippines
- ASAPP Information Group - India
- Parliament of New Zealand
- Mercator Lines Limited - India
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