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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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Monday, 11 June 12
BAHANA FORECASTS THE COAL PRICES WILL FALL FURTHER
COALspot.com - Growing US coal supplies + low shipping costs = Asia as target.
According to Irwan Budiarto analyst at Bahana Securities, US ...
Monday, 11 June 12
ASIAN COAL TRADING COMMUNITY EMBRACES API 5 AND API 8
Press Release - The Asian coal trading community is embracing the API 5 and API 8 indexes for its swap contracts.
The API 5 index represents 5,50 ...
Sunday, 10 June 12
FREIGHT MARKET EXPECTED TO REMAIN WEAK FOR NEXT FEW WEEKS - VISTAAR
COALspot.com - The BDI continued to fall this week and down by 2.99 pct closing at 877 points.
The Cape index also was down by 5.78 pct closing a ...
Friday, 08 June 12
ESSAR ENERGY RECEIVES FINAL APPROVAL FOR INDONESIAN COAL BLOCK
COALspot.com - Essar Energy plc, the India-focused integrated energy company, today announced that it has received final ‘Pinjam Pakai’ ...
Friday, 08 June 12
MINISTER DENIES COAL EXPORT TAX PLAN, ENDORSES RESTRICTIONS - THE JAKARTA POST
The Jakarta post, one of the leading english news paper in Indonesia reported that, Energy and Mineral Resources Minister Jero Wacik has denied that ...
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- Meenaskhi Energy Private Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Vedanta Resources Plc - India
- Mercuria Energy - Indonesia
- Siam City Cement - Thailand
- IHS Mccloskey Coal Group - USA
- Essar Steel Hazira Ltd - India
- CNBM International Corporation - China
- Chettinad Cement Corporation Ltd - India
- Cement Manufacturers Association - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Renaissance Capital - South Africa
- Bhushan Steel Limited - India
- Aditya Birla Group - India
- Formosa Plastics Group - Taiwan
- Orica Australia Pty. Ltd.
- Energy Development Corp, Philippines
- Electricity Generating Authority of Thailand
- San Jose City I Power Corp, Philippines
- Karaikal Port Pvt Ltd - India
- Larsen & Toubro Limited - India
- Kartika Selabumi Mining - Indonesia
- Bukit Baiduri Energy - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Carbofer General Trading SA - India
- Sarangani Energy Corporation, Philippines
- Eastern Coal Council - USA
- Barasentosa Lestari - Indonesia
- Meralco Power Generation, Philippines
- International Coal Ventures Pvt Ltd - India
- Parry Sugars Refinery, India
- Kumho Petrochemical, South Korea
- SN Aboitiz Power Inc, Philippines
- Eastern Energy - Thailand
- Bharathi Cement Corporation - India
- Global Coal Blending Company Limited - Australia
- Australian Coal Association
- Trasteel International SA, Italy
- Global Business Power Corporation, Philippines
- Bangladesh Power Developement Board
- Mintek Dendrill Indonesia
- Minerals Council of Australia
- Straits Asia Resources Limited - Singapore
- Savvy Resources Ltd - HongKong
- Toyota Tsusho Corporation, Japan
- Metalloyd Limited - United Kingdom
- Semirara Mining Corp, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Coastal Gujarat Power Limited - India
- Coal and Oil Company - UAE
- GMR Energy Limited - India
- PowerSource Philippines DevCo
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- GVK Power & Infra Limited - India
- Sindya Power Generating Company Private Ltd
- Oldendorff Carriers - Singapore
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Chamber of Mines of South Africa
- Makarim & Taira - Indonesia
- Indonesian Coal Mining Association
- Singapore Mercantile Exchange
- Globalindo Alam Lestari - Indonesia
- Kaltim Prima Coal - Indonesia
- Mjunction Services Limited - India
- PTC India Limited - India
- Posco Energy - South Korea
- Timah Investasi Mineral - Indoneisa
- Merrill Lynch Commodities Europe
- Banpu Public Company Limited - Thailand
- Intertek Mineral Services - Indonesia
- White Energy Company Limited
- Goldman Sachs - Singapore
- Salva Resources Pvt Ltd - India
- South Luzon Thermal Energy Corporation
- SMG Consultants - Indonesia
- Sojitz Corporation - Japan
- Ceylon Electricity Board - Sri Lanka
- Bukit Asam (Persero) Tbk - Indonesia
- ASAPP Information Group - India
- Port Waratah Coal Services - Australia
- Orica Mining Services - Indonesia
- OPG Power Generation Pvt Ltd - India
- Global Green Power PLC Corporation, Philippines
- Indo Tambangraya Megah - Indonesia
- Lanco Infratech Ltd - India
- Power Finance Corporation Ltd., India
- Riau Bara Harum - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Gujarat Mineral Development Corp Ltd - India
- Uttam Galva Steels Limited - India
- Gujarat Electricity Regulatory Commission - India
- LBH Netherlands Bv - Netherlands
- Vizag Seaport Private Limited - India
- Altura Mining Limited, Indonesia
- Bhatia International Limited - India
- Sinarmas Energy and Mining - Indonesia
- Central Electricity Authority - India
- Jaiprakash Power Ventures ltd
- Parliament of New Zealand
- Directorate Of Revenue Intelligence - India
- Australian Commodity Traders Exchange
- Petrochimia International Co. Ltd.- Taiwan
- European Bulk Services B.V. - Netherlands
- Interocean Group of Companies - India
- Edison Trading Spa - Italy
- The Treasury - Australian Government
- Indika Energy - Indonesia
- Ministry of Mines - Canada
- McConnell Dowell - Australia
- CIMB Investment Bank - Malaysia
- Medco Energi Mining Internasional
- Billiton Holdings Pty Ltd - Australia
- New Zealand Coal & Carbon
- Grasim Industreis Ltd - India
- Simpson Spence & Young - Indonesia
- Heidelberg Cement - Germany
- Baramulti Group, Indonesia
- Bulk Trading Sa - Switzerland
- Coalindo Energy - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Rashtriya Ispat Nigam Limited - India
- Kideco Jaya Agung - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Bahari Cakrawala Sebuku - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Ministry of Transport, Egypt
- Therma Luzon, Inc, Philippines
- Deloitte Consulting - India
- Kobexindo Tractors - Indoneisa
- Commonwealth Bank - Australia
- Attock Cement Pakistan Limited
- Georgia Ports Authority, United States
- The University of Queensland
- Iligan Light & Power Inc, Philippines
- Indian Energy Exchange, India
- Antam Resourcindo - Indonesia
- Maheswari Brothers Coal Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Kapuas Tunggal Persada - Indonesia
- India Bulls Power Limited - India
- Africa Commodities Group - South Africa
- Gujarat Sidhee Cement - India
- Binh Thuan Hamico - Vietnam
- TeaM Sual Corporation - Philippines
- Alfred C Toepfer International GmbH - Germany
- Jorong Barutama Greston.PT - Indonesia
- Tata Chemicals Ltd - India
- Bayan Resources Tbk. - Indonesia
- London Commodity Brokers - England
- Independent Power Producers Association of India
- Economic Council, Georgia
- Bhoruka Overseas - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Electricity Authority, New Zealand
- Wood Mackenzie - Singapore
- Karbindo Abesyapradhi - Indoneisa
- Romanian Commodities Exchange
- Petron Corporation, Philippines
- AsiaOL BioFuels Corp., Philippines
- Thiess Contractors Indonesia
- MS Steel International - UAE
- Energy Link Ltd, New Zealand
- Price Waterhouse Coopers - Russia
- Star Paper Mills Limited - India
- Malabar Cements Ltd - India
- Thai Mozambique Logistica
- Sree Jayajothi Cements Limited - India
- Samtan Co., Ltd - South Korea
- The State Trading Corporation of India Ltd
- Sical Logistics Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Cigading International Bulk Terminal - Indonesia
- Ministry of Finance - Indonesia
- Xindia Steels Limited - India
- Ambuja Cements Ltd - India
- Aboitiz Power Corporation - Philippines
- VISA Power Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Ind-Barath Power Infra Limited - India
- Madhucon Powers Ltd - India
- PNOC Exploration Corporation - Philippines
- Miang Besar Coal Terminal - Indonesia
- Videocon Industries ltd - India
- SMC Global Power, Philippines
- Tamil Nadu electricity Board
- Anglo American - United Kingdom
- Wilmar Investment Holdings
- Standard Chartered Bank - UAE
- GN Power Mariveles Coal Plant, Philippines
- Indogreen Group - Indonesia
- Kepco SPC Power Corporation, Philippines
- ICICI Bank Limited - India
- Indian Oil Corporation Limited
- Leighton Contractors Pty Ltd - Australia
- Pipit Mutiara Jaya. PT, Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Bukit Makmur.PT - Indonesia
- Planning Commission, India
- IEA Clean Coal Centre - UK
- Pendopo Energi Batubara - Indonesia
- Dalmia Cement Bharat India
- Jindal Steel & Power Ltd - India
- Sakthi Sugars Limited - India
- Rio Tinto Coal - Australia
- Mercator Lines Limited - India
- Marubeni Corporation - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Agrawal Coal Company - India
- GAC Shipping (India) Pvt Ltd
- Central Java Power - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Semirara Mining and Power Corporation, Philippines
- Latin American Coal - Colombia
- Siam City Cement PLC, Thailand
- Borneo Indobara - Indonesia
- Manunggal Multi Energi - Indonesia
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