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