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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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Saturday, 14 July 12
FREIGHT MARKET SEEMS TO BE QUITE VOLATILE - VISTAAR
COALspot.com - The market seems to be quite volatile with the trend changing almost every week. This week all the segments were down except for Pana ...
Friday, 13 July 12
TRANSCOAL MINERGY HAS RECEIVED PMA STATUS IN INDONESIA
COALspot.com - PT Transcoal Minergy (“TCM”) has received official foreign owned company status from the Capital Investment Coordinating ...
Thursday, 12 July 12
LACK OF CAPESIZE DEMAND DRAGS DRY BULK MARKET LOWER - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
A lack of demand for the larger Capesize dry bulk carriers had as a result the fall of the industry’s benchmark, the BDI (Baltic Dry Index), w ...
Thursday, 12 July 12
RIO TINTO'S SENIOR MANAGEMENT CHANGES
COALspot.com - Rio Tinto is making changes to its senior management team as chief financial officer (CFO) Guy Elliott has decided to retire at the e ...
Thursday, 12 July 12
SOUTHGOBI RESOURCES ANNOUNCES NOTICE OF INVESTMENT DISPUTE FILED AGAINST MONGOLIAN GOVERNMENT
Press Release - SouthGobi Resources Ltd. (TSX: SGQ, HK: 1878) (“SouthGobi”) announced today that SGQ Coal Investment Pte. Ltd., a wholly ...
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- PTC India Limited - India
- Tamil Nadu electricity Board
- Orica Australia Pty. Ltd.
- Dalmia Cement Bharat India
- OPG Power Generation Pvt Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- Anglo American - United Kingdom
- Coastal Gujarat Power Limited - India
- Australian Commodity Traders Exchange
- San Jose City I Power Corp, Philippines
- Toyota Tsusho Corporation, Japan
- Baramulti Group, Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Coal and Oil Company - UAE
- Kaltim Prima Coal - Indonesia
- Pendopo Energi Batubara - Indonesia
- Medco Energi Mining Internasional
- Asia Pacific Energy Resources Ventures Inc, Philippines
- GAC Shipping (India) Pvt Ltd
- White Energy Company Limited
- Malabar Cements Ltd - India
- Karaikal Port Pvt Ltd - India
- Jaiprakash Power Ventures ltd
- Mjunction Services Limited - India
- Krishnapatnam Port Company Ltd. - India
- Indonesian Coal Mining Association
- Global Coal Blending Company Limited - Australia
- International Coal Ventures Pvt Ltd - India
- Renaissance Capital - South Africa
- Globalindo Alam Lestari - Indonesia
- Carbofer General Trading SA - India
- Merrill Lynch Commodities Europe
- Thai Mozambique Logistica
- Madhucon Powers Ltd - India
- Georgia Ports Authority, United States
- Energy Link Ltd, New Zealand
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- GMR Energy Limited - India
- Bulk Trading Sa - Switzerland
- Indogreen Group - Indonesia
- Australian Coal Association
- Ministry of Mines - Canada
- Larsen & Toubro Limited - India
- LBH Netherlands Bv - Netherlands
- Manunggal Multi Energi - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Riau Bara Harum - Indonesia
- Port Waratah Coal Services - Australia
- Gujarat Electricity Regulatory Commission - India
- Standard Chartered Bank - UAE
- Mercator Lines Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Kartika Selabumi Mining - Indonesia
- Ministry of Finance - Indonesia
- Sojitz Corporation - Japan
- Singapore Mercantile Exchange
- Barasentosa Lestari - Indonesia
- Bukit Baiduri Energy - Indonesia
- Xindia Steels Limited - India
- Power Finance Corporation Ltd., India
- Lanco Infratech Ltd - India
- Commonwealth Bank - Australia
- Heidelberg Cement - Germany
- Global Green Power PLC Corporation, Philippines
- Salva Resources Pvt Ltd - India
- Chettinad Cement Corporation Ltd - India
- Orica Mining Services - Indonesia
- Sical Logistics Limited - India
- IHS Mccloskey Coal Group - USA
- Savvy Resources Ltd - HongKong
- Altura Mining Limited, Indonesia
- Semirara Mining Corp, Philippines
- GN Power Mariveles Coal Plant, Philippines
- Borneo Indobara - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Vizag Seaport Private Limited - India
- Global Business Power Corporation, Philippines
- Meenaskhi Energy Private Limited - India
- Semirara Mining and Power Corporation, Philippines
- Gujarat Mineral Development Corp Ltd - India
- Cigading International Bulk Terminal - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Straits Asia Resources Limited - Singapore
- European Bulk Services B.V. - Netherlands
- Maheswari Brothers Coal Limited - India
- McConnell Dowell - Australia
- Independent Power Producers Association of India
- MS Steel International - UAE
- The Treasury - Australian Government
- Videocon Industries ltd - India
- GVK Power & Infra Limited - India
- TeaM Sual Corporation - Philippines
- Star Paper Mills Limited - India
- Bhatia International Limited - India
- Antam Resourcindo - Indonesia
- Indian Oil Corporation Limited
- Meralco Power Generation, Philippines
- Bhoruka Overseas - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Neyveli Lignite Corporation Ltd, - India
- Gujarat Sidhee Cement - India
- Uttam Galva Steels Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- PNOC Exploration Corporation - Philippines
- Jorong Barutama Greston.PT - Indonesia
- Tata Chemicals Ltd - India
- Attock Cement Pakistan Limited
- PowerSource Philippines DevCo
- The University of Queensland
- Sinarmas Energy and Mining - Indonesia
- Essar Steel Hazira Ltd - India
- Bayan Resources Tbk. - Indonesia
- Binh Thuan Hamico - Vietnam
- Therma Luzon, Inc, Philippines
- ASAPP Information Group - India
- Karbindo Abesyapradhi - Indoneisa
- SMC Global Power, Philippines
- Central Java Power - Indonesia
- Economic Council, Georgia
- Ind-Barath Power Infra Limited - India
- Kideco Jaya Agung - Indonesia
- New Zealand Coal & Carbon
- London Commodity Brokers - England
- Edison Trading Spa - Italy
- Holcim Trading Pte Ltd - Singapore
- Eastern Energy - Thailand
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Iligan Light & Power Inc, Philippines
- Siam City Cement - Thailand
- Sindya Power Generating Company Private Ltd
- AsiaOL BioFuels Corp., Philippines
- Electricity Authority, New Zealand
- Makarim & Taira - Indonesia
- The State Trading Corporation of India Ltd
- Siam City Cement PLC, Thailand
- Marubeni Corporation - India
- Sarangani Energy Corporation, Philippines
- Kapuas Tunggal Persada - Indonesia
- Rio Tinto Coal - Australia
- Jindal Steel & Power Ltd - India
- Deloitte Consulting - India
- SMG Consultants - Indonesia
- Oldendorff Carriers - Singapore
- VISA Power Limited - India
- Aditya Birla Group - India
- Formosa Plastics Group - Taiwan
- PetroVietnam Power Coal Import and Supply Company
- CNBM International Corporation - China
- Directorate Of Revenue Intelligence - India
- Cement Manufacturers Association - India
- Simpson Spence & Young - Indonesia
- Coalindo Energy - Indonesia
- Intertek Mineral Services - Indonesia
- Energy Development Corp, Philippines
- Latin American Coal - Colombia
- Samtan Co., Ltd - South Korea
- Mintek Dendrill Indonesia
- Price Waterhouse Coopers - Russia
- Kobexindo Tractors - Indoneisa
- Electricity Generating Authority of Thailand
- South Luzon Thermal Energy Corporation
- Vedanta Resources Plc - India
- Agrawal Coal Company - India
- Kepco SPC Power Corporation, Philippines
- Asmin Koalindo Tuhup - Indonesia
- ICICI Bank Limited - India
- Interocean Group of Companies - India
- India Bulls Power Limited - India
- Eastern Coal Council - USA
- Ministry of Transport, Egypt
- Billiton Holdings Pty Ltd - Australia
- Petron Corporation, Philippines
- Grasim Industreis Ltd - India
- Kumho Petrochemical, South Korea
- Trasteel International SA, Italy
- Bahari Cakrawala Sebuku - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Ceylon Electricity Board - Sri Lanka
- Goldman Sachs - Singapore
- Ambuja Cements Ltd - India
- Indian Energy Exchange, India
- Romanian Commodities Exchange
- Miang Besar Coal Terminal - Indonesia
- Posco Energy - South Korea
- Chamber of Mines of South Africa
- Metalloyd Limited - United Kingdom
- Wilmar Investment Holdings
- Bangladesh Power Developement Board
- Wood Mackenzie - Singapore
- Bharathi Cement Corporation - India
- Indika Energy - Indonesia
- Bhushan Steel Limited - India
- Parliament of New Zealand
- CIMB Investment Bank - Malaysia
- Alfred C Toepfer International GmbH - Germany
- Kohat Cement Company Ltd. - Pakistan
- Vijayanagar Sugar Pvt Ltd - India
- Sakthi Sugars Limited - India
- Parry Sugars Refinery, India
- Pipit Mutiara Jaya. PT, Indonesia
- Aboitiz Power Corporation - Philippines
- Sree Jayajothi Cements Limited - India
- Banpu Public Company Limited - Thailand
- SN Aboitiz Power Inc, Philippines
- Indo Tambangraya Megah - Indonesia
- Bukit Makmur.PT - Indonesia
- Central Electricity Authority - India
- Minerals Council of Australia
- Africa Commodities Group - South Africa
- Planning Commission, India
- Mercuria Energy - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Thiess Contractors Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Timah Investasi Mineral - Indoneisa
- IEA Clean Coal Centre - UK
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