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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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Tuesday, 04 September 12
ORPHEUS SECURES ADDITIONAL SIGNIFICANT KINTAP COAL PROJECT IN SOUTH KALIMANTAN
COALspot.com - Indonesian coal producer, Orpheus Energy (ASX:OEG) has announced that it has secured a 50% equity ownership in an additional tenement ...
Monday, 03 September 12
SHIPOWNERS TO WAIT FOR FURTHER PRICE REDUCTIONS IN THE SECOND HAND VESSEL MARKETS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
With September now upon us, shipbrokers are looking towards an interesting winter season, as ship owners are looking to capitalize on more second ha ...
Sunday, 02 September 12
ADAROS COAL ROYALTIES TO THE GOVERNMENT INCREASED BY 10.5 PERCENT Y-O-Y TO US$196.8 MILLION
COALspot.com - PT Adaro Energy Tbk (IDX: ADRO), the second largest power plant coal producer in Indonesia, announced its consolidated auditor-review ...
Saturday, 01 September 12
FALLING PRICES; BLEEDING MINERS
COALspot.com - Sub-Bit Indonesia coal swaps (FOB ) for October 2012 delivery lost 4.070 percent and 0.422 percent respectively on W-o-W and D- ...
Saturday, 01 September 12
PANAMAX FREIGHT RATES UNDER PRESSURE FROM LOW DEMAND - VISTAAR
COALspot.com - This week the freight market was weak with mixed results.
The BDI was down by 1.95 pct closing at 703 points, however there was so ...
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- IEA Clean Coal Centre - UK
- Deloitte Consulting - India
- Vedanta Resources Plc - India
- White Energy Company Limited
- Offshore Bulk Terminal Pte Ltd, Singapore
- Energy Link Ltd, New Zealand
- Eastern Energy - Thailand
- Malabar Cements Ltd - India
- Gujarat Electricity Regulatory Commission - India
- Gujarat Mineral Development Corp Ltd - India
- Singapore Mercantile Exchange
- Riau Bara Harum - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Salva Resources Pvt Ltd - India
- Planning Commission, India
- Ambuja Cements Ltd - India
- Borneo Indobara - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Aboitiz Power Corporation - Philippines
- Goldman Sachs - Singapore
- Australian Commodity Traders Exchange
- Directorate Of Revenue Intelligence - India
- Eastern Coal Council - USA
- Uttam Galva Steels Limited - India
- Mercuria Energy - Indonesia
- MS Steel International - UAE
- New Zealand Coal & Carbon
- CNBM International Corporation - China
- Price Waterhouse Coopers - Russia
- OPG Power Generation Pvt Ltd - India
- Kepco SPC Power Corporation, Philippines
- Neyveli Lignite Corporation Ltd, - India
- SMC Global Power, Philippines
- Thiess Contractors Indonesia
- Sojitz Corporation - Japan
- Africa Commodities Group - South Africa
- PetroVietnam Power Coal Import and Supply Company
- Interocean Group of Companies - India
- Krishnapatnam Port Company Ltd. - India
- Kumho Petrochemical, South Korea
- SMG Consultants - Indonesia
- Xindia Steels Limited - India
- Ind-Barath Power Infra Limited - India
- Indika Energy - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Savvy Resources Ltd - HongKong
- Georgia Ports Authority, United States
- Thai Mozambique Logistica
- Indogreen Group - Indonesia
- Essar Steel Hazira Ltd - India
- Latin American Coal - Colombia
- Standard Chartered Bank - UAE
- Renaissance Capital - South Africa
- Timah Investasi Mineral - Indoneisa
- Karaikal Port Pvt Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- Banpu Public Company Limited - Thailand
- Miang Besar Coal Terminal - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Tata Chemicals Ltd - India
- Makarim & Taira - Indonesia
- Port Waratah Coal Services - Australia
- Samtan Co., Ltd - South Korea
- Indo Tambangraya Megah - Indonesia
- Sical Logistics Limited - India
- Power Finance Corporation Ltd., India
- Aditya Birla Group - India
- Dalmia Cement Bharat India
- Orica Australia Pty. Ltd.
- Australian Coal Association
- Parry Sugars Refinery, India
- Mintek Dendrill Indonesia
- McConnell Dowell - Australia
- Manunggal Multi Energi - Indonesia
- Bukit Baiduri Energy - Indonesia
- Intertek Mineral Services - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Economic Council, Georgia
- Pendopo Energi Batubara - Indonesia
- LBH Netherlands Bv - Netherlands
- PNOC Exploration Corporation - Philippines
- Rio Tinto Coal - Australia
- Sarangani Energy Corporation, Philippines
- Holcim Trading Pte Ltd - Singapore
- Jaiprakash Power Ventures ltd
- Jorong Barutama Greston.PT - Indonesia
- Grasim Industreis Ltd - India
- CIMB Investment Bank - Malaysia
- Maheswari Brothers Coal Limited - India
- GVK Power & Infra Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- PowerSource Philippines DevCo
- Vijayanagar Sugar Pvt Ltd - India
- Commonwealth Bank - Australia
- Bahari Cakrawala Sebuku - Indonesia
- GMR Energy Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Kalimantan Lumbung Energi - Indonesia
- Larsen & Toubro Limited - India
- Bayan Resources Tbk. - Indonesia
- London Commodity Brokers - England
- Mercator Lines Limited - India
- Sindya Power Generating Company Private Ltd
- Leighton Contractors Pty Ltd - Australia
- Coastal Gujarat Power Limited - India
- Ministry of Finance - Indonesia
- Marubeni Corporation - India
- Coalindo Energy - Indonesia
- Bukit Makmur.PT - Indonesia
- Trasteel International SA, Italy
- Bhatia International Limited - India
- Bulk Trading Sa - Switzerland
- VISA Power Limited - India
- Sakthi Sugars Limited - India
- Kideco Jaya Agung - Indonesia
- Heidelberg Cement - Germany
- Simpson Spence & Young - Indonesia
- Baramulti Group, Indonesia
- Toyota Tsusho Corporation, Japan
- Electricity Generating Authority of Thailand
- Romanian Commodities Exchange
- Parliament of New Zealand
- India Bulls Power Limited - India
- Cement Manufacturers Association - India
- ASAPP Information Group - India
- Cigading International Bulk Terminal - Indonesia
- Kobexindo Tractors - Indoneisa
- Minerals Council of Australia
- Tamil Nadu electricity Board
- Kaltim Prima Coal - Indonesia
- Therma Luzon, Inc, Philippines
- Petron Corporation, Philippines
- San Jose City I Power Corp, Philippines
- Iligan Light & Power Inc, Philippines
- Central Electricity Authority - India
- Bhoruka Overseas - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Independent Power Producers Association of India
- TeaM Sual Corporation - Philippines
- Star Paper Mills Limited - India
- Videocon Industries ltd - India
- Meenaskhi Energy Private Limited - India
- GAC Shipping (India) Pvt Ltd
- Semirara Mining and Power Corporation, Philippines
- Wood Mackenzie - Singapore
- The University of Queensland
- Wilmar Investment Holdings
- Indian Oil Corporation Limited
- Lanco Infratech Ltd - India
- Globalindo Alam Lestari - Indonesia
- Coal and Oil Company - UAE
- European Bulk Services B.V. - Netherlands
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- Pipit Mutiara Jaya. PT, Indonesia
- Binh Thuan Hamico - Vietnam
- Bhushan Steel Limited - India
- Bharathi Cement Corporation - India
- Energy Development Corp, Philippines
- Oldendorff Carriers - Singapore
- Metalloyd Limited - United Kingdom
- Carbofer General Trading SA - India
- Bangladesh Power Developement Board
- Indonesian Coal Mining Association
- IHS Mccloskey Coal Group - USA
- GN Power Mariveles Coal Plant, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Global Green Power PLC Corporation, Philippines
- Altura Mining Limited, Indonesia
- International Coal Ventures Pvt Ltd - India
- Chamber of Mines of South Africa
- Mjunction Services Limited - India
- Gujarat Sidhee Cement - India
- South Luzon Thermal Energy Corporation
- Indian Energy Exchange, India
- Meralco Power Generation, Philippines
- Siam City Cement PLC, Thailand
- PTC India Limited - India
- ICICI Bank Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Vizag Seaport Private Limited - India
- Edison Trading Spa - Italy
- Semirara Mining Corp, Philippines
- Kapuas Tunggal Persada - Indonesia
- The State Trading Corporation of India Ltd
- Ministry of Transport, Egypt
- Billiton Holdings Pty Ltd - Australia
- Posco Energy - South Korea
- Anglo American - United Kingdom
- Electricity Authority, New Zealand
- Antam Resourcindo - Indonesia
- Medco Energi Mining Internasional
- Straits Asia Resources Limited - Singapore
- Barasentosa Lestari - Indonesia
- Ministry of Mines - Canada
- Central Java Power - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Agrawal Coal Company - India
- Merrill Lynch Commodities Europe
- Bank of Tokyo Mitsubishi UFJ Ltd
- The Treasury - Australian Government
- Asmin Koalindo Tuhup - Indonesia
- Madhucon Powers Ltd - India
- Sree Jayajothi Cements Limited - India
- Global Business Power Corporation, Philippines
- Siam City Cement - Thailand
- Directorate General of MIneral and Coal - Indonesia
- Jindal Steel & Power Ltd - India
- Formosa Plastics Group - Taiwan
- Chettinad Cement Corporation Ltd - India
- Orica Mining Services - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Attock Cement Pakistan Limited
- Global Coal Blending Company Limited - Australia
- Kartika Selabumi Mining - Indonesia
- SN Aboitiz Power Inc, Philippines
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