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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, 26 March 12
WEEKLY DRY MARKET OVERVIEW - MARIA BERTZELETOU, HELLENIC SHIPPING
The Baltic Dry Index follows its upward incline for fourth consecutive week by rising to more than 900 points, up by 37% from the bottom low in the ...
Monday, 26 March 12
GOLDEN MINES FY11 REVENUE JUMPS 209% - INSIDER STORIES
Insider Stories reported that, coal miner PT Golden Energy Mines Tbk (GEMS), that is controlled by Sinar Mas Group, recorded a 209% jump in revenue ...
Saturday, 24 March 12
AUSTRALIA'S MINERAL TAX : BENCHMARK FOR OTHER COUNTRIES - SUNIL K KUMBHAT
COALspot.com - Natural resources rich counties like Australia , Indonesia , South Africa , Brazil etc are going through a spectacular resources boom ...
Saturday, 24 March 12
THE AVERAGE CHARTER RATES WAS AT CAPESIZE $ 4,546 PER DAY VS SUPRAMAX / $ 10,819 PER DAY - VISTAAR
COALspot.com - The BDI crossed 900 points this week closing at 908 points up by 3.89 pct. All other sectors were up except for cape index whic ...
Thursday, 22 March 12
ECI-CHINA HANDY RATES ARE AROUND US$ 8000 - FEARNLEYS
Handy
Another positive trend was seen last week with more cargoes entering the market. Skaw-Passero/US Gulf climbed slowly up to USD 3700, while US ...
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- SMC Global Power, Philippines
- Interocean Group of Companies - India
- Meenaskhi Energy Private Limited - India
- International Coal Ventures Pvt Ltd - India
- Makarim & Taira - Indonesia
- The Treasury - Australian Government
- Oldendorff Carriers - Singapore
- Indian Oil Corporation Limited
- Posco Energy - South Korea
- Tata Chemicals Ltd - India
- Dalmia Cement Bharat India
- Iligan Light & Power Inc, Philippines
- Romanian Commodities Exchange
- Sical Logistics Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Eastern Energy - Thailand
- India Bulls Power Limited - India
- Alfred C Toepfer International GmbH - Germany
- Miang Besar Coal Terminal - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Barasentosa Lestari - Indonesia
- Ministry of Mines - Canada
- Aditya Birla Group - India
- Bukit Makmur.PT - Indonesia
- Kumho Petrochemical, South Korea
- LBH Netherlands Bv - Netherlands
- Directorate General of MIneral and Coal - Indonesia
- Orica Mining Services - Indonesia
- Merrill Lynch Commodities Europe
- Simpson Spence & Young - Indonesia
- Minerals Council of Australia
- Malabar Cements Ltd - India
- Leighton Contractors Pty Ltd - Australia
- Ministry of Transport, Egypt
- Larsen & Toubro Limited - India
- Sree Jayajothi Cements Limited - India
- IHS Mccloskey Coal Group - USA
- Bulk Trading Sa - Switzerland
- Billiton Holdings Pty Ltd - Australia
- Pendopo Energi Batubara - Indonesia
- Orica Australia Pty. Ltd.
- Sindya Power Generating Company Private Ltd
- Petron Corporation, Philippines
- Lanco Infratech Ltd - India
- Globalindo Alam Lestari - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Formosa Plastics Group - Taiwan
- Deloitte Consulting - India
- Holcim Trading Pte Ltd - Singapore
- Indogreen Group - Indonesia
- Chamber of Mines of South Africa
- Global Business Power Corporation, Philippines
- GAC Shipping (India) Pvt Ltd
- Maheswari Brothers Coal Limited - India
- Medco Energi Mining Internasional
- Wood Mackenzie - Singapore
- Attock Cement Pakistan Limited
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Krishnapatnam Port Company Ltd. - India
- Binh Thuan Hamico - Vietnam
- Petrochimia International Co. Ltd.- Taiwan
- Trasteel International SA, Italy
- Electricity Authority, New Zealand
- Energy Link Ltd, New Zealand
- Ind-Barath Power Infra Limited - India
- Kepco SPC Power Corporation, Philippines
- The State Trading Corporation of India Ltd
- Independent Power Producers Association of India
- Coal and Oil Company - UAE
- Savvy Resources Ltd - HongKong
- Siam City Cement - Thailand
- South Luzon Thermal Energy Corporation
- GN Power Mariveles Coal Plant, Philippines
- Bukit Baiduri Energy - Indonesia
- London Commodity Brokers - England
- Wilmar Investment Holdings
- Xindia Steels Limited - India
- Global Green Power PLC Corporation, Philippines
- Meralco Power Generation, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Mjunction Services Limited - India
- Power Finance Corporation Ltd., India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Manunggal Multi Energi - Indonesia
- Videocon Industries ltd - India
- European Bulk Services B.V. - Netherlands
- Jorong Barutama Greston.PT - Indonesia
- Borneo Indobara - Indonesia
- Central Java Power - Indonesia
- Singapore Mercantile Exchange
- Siam City Cement PLC, Thailand
- PTC India Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Riau Bara Harum - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Vedanta Resources Plc - India
- Georgia Ports Authority, United States
- Australian Commodity Traders Exchange
- Vizag Seaport Private Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Metalloyd Limited - United Kingdom
- Star Paper Mills Limited - India
- Bhatia International Limited - India
- ASAPP Information Group - India
- White Energy Company Limited
- Karbindo Abesyapradhi - Indoneisa
- Thiess Contractors Indonesia
- San Jose City I Power Corp, Philippines
- Electricity Generating Authority of Thailand
- Indo Tambangraya Megah - Indonesia
- Price Waterhouse Coopers - Russia
- Madhucon Powers Ltd - India
- Mercuria Energy - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Heidelberg Cement - Germany
- AsiaOL BioFuels Corp., Philippines
- Jindal Steel & Power Ltd - India
- Latin American Coal - Colombia
- Straits Asia Resources Limited - Singapore
- Jaiprakash Power Ventures ltd
- Kapuas Tunggal Persada - Indonesia
- Edison Trading Spa - Italy
- Samtan Co., Ltd - South Korea
- Anglo American - United Kingdom
- Essar Steel Hazira Ltd - India
- Energy Development Corp, Philippines
- Parliament of New Zealand
- The University of Queensland
- ICICI Bank Limited - India
- Global Coal Blending Company Limited - Australia
- Aboitiz Power Corporation - Philippines
- SMG Consultants - Indonesia
- Bhoruka Overseas - Indonesia
- Africa Commodities Group - South Africa
- Marubeni Corporation - India
- Karaikal Port Pvt Ltd - India
- Rio Tinto Coal - Australia
- Altura Mining Limited, Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Directorate Of Revenue Intelligence - India
- Sarangani Energy Corporation, Philippines
- Kohat Cement Company Ltd. - Pakistan
- TeaM Sual Corporation - Philippines
- Kartika Selabumi Mining - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Semirara Mining Corp, Philippines
- Coalindo Energy - Indonesia
- Timah Investasi Mineral - Indoneisa
- Bhushan Steel Limited - India
- Toyota Tsusho Corporation, Japan
- Central Electricity Authority - India
- VISA Power Limited - India
- Sakthi Sugars Limited - India
- SN Aboitiz Power Inc, Philippines
- IEA Clean Coal Centre - UK
- Tamil Nadu electricity Board
- CIMB Investment Bank - Malaysia
- Port Waratah Coal Services - Australia
- PNOC Exploration Corporation - Philippines
- Kaltim Prima Coal - Indonesia
- Parry Sugars Refinery, India
- Sojitz Corporation - Japan
- Pipit Mutiara Jaya. PT, Indonesia
- McConnell Dowell - Australia
- CNBM International Corporation - China
- PowerSource Philippines DevCo
- GVK Power & Infra Limited - India
- Ambuja Cements Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- Baramulti Group, Indonesia
- Commonwealth Bank - Australia
- Ministry of Finance - Indonesia
- MS Steel International - UAE
- Salva Resources Pvt Ltd - India
- Intertek Mineral Services - Indonesia
- Cement Manufacturers Association - India
- OPG Power Generation Pvt Ltd - India
- Thai Mozambique Logistica
- Rashtriya Ispat Nigam Limited - India
- Coastal Gujarat Power Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Ceylon Electricity Board - Sri Lanka
- Carbofer General Trading SA - India
- Economic Council, Georgia
- Chettinad Cement Corporation Ltd - India
- Goldman Sachs - Singapore
- Cigading International Bulk Terminal - Indonesia
- Renaissance Capital - South Africa
- Sinarmas Energy and Mining - Indonesia
- Mercator Lines Limited - India
- Eastern Coal Council - USA
- Bayan Resources Tbk. - Indonesia
- Kideco Jaya Agung - Indonesia
- Banpu Public Company Limited - Thailand
- Bukit Asam (Persero) Tbk - Indonesia
- Mintek Dendrill Indonesia
- Grasim Industreis Ltd - India
- Indonesian Coal Mining Association
- Bangladesh Power Developement Board
- Gujarat Mineral Development Corp Ltd - India
- Antam Resourcindo - Indonesia
- Australian Coal Association
- New Zealand Coal & Carbon
- Indian Energy Exchange, India
- Gujarat Sidhee Cement - India
- Agrawal Coal Company - India
- Indika Energy - Indonesia
- Therma Luzon, Inc, Philippines
- Planning Commission, India
- Standard Chartered Bank - UAE
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Kobexindo Tractors - Indoneisa
- Uttam Galva Steels Limited - India
- Bharathi Cement Corporation - India
- GMR Energy Limited - India
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