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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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Friday, 10 February 12
TONNAGE KEEPS ON COMING - DREWRY
Drewry Maritime Research’s latest edition of its Dry Bulk Forecaster pulls no punches in its assessment of a market that looks certain to cont ...
Friday, 10 February 12
GIVE PERMIT POWERS TO GOVERNORS: MINERS - THE JAKARTA POST
The Jakarta Post reported that, following clashes between mining companies and local residents, the Indonesian Mining Association (IMA) wants to tra ...
Thursday, 09 February 12
AUSTRALIA'S EPIC TO ACQUIRE 15,500 HA COAL EXPLORATION LICENCES IN EAST KALIMANTAN, INDONESIA
COALspot.com - Epic Resources Limited to acquire two coal concessions in Kutai Barat regency, East Kalimantan, Indonesia.
According to company's ...
Thursday, 09 February 12
RESOURCE ALAM BUYS 28,521HA CONCESSIONS - INSIDER STORIES
Insider Stories reported that, PT Resource Alam Indonesia Tbk (KKGI), owned by Adijanto family, today announced acquisition of 75% interest in PT Ka ...
Tuesday, 07 February 12
DRY BULK MARKET FINALLY STOPS DECLINE, POSTS FIRST RISE IN MORE THAN A MONTH - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
After falling to near record lows, not seen since the mid-80s the dry bulk market has finally stopped its path to "hell", with the industr ...
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- Economic Council, Georgia
- Ministry of Finance - Indonesia
- Chamber of Mines of South Africa
- Directorate Of Revenue Intelligence - India
- Kartika Selabumi Mining - Indonesia
- Central Java Power - Indonesia
- Indika Energy - Indonesia
- London Commodity Brokers - England
- Heidelberg Cement - Germany
- Vijayanagar Sugar Pvt Ltd - India
- Larsen & Toubro Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Orica Mining Services - Indonesia
- Mercuria Energy - Indonesia
- Energy Development Corp, Philippines
- Leighton Contractors Pty Ltd - Australia
- SN Aboitiz Power Inc, Philippines
- Madhucon Powers Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- Power Finance Corporation Ltd., India
- Riau Bara Harum - Indonesia
- PowerSource Philippines DevCo
- Intertek Mineral Services - Indonesia
- Bhoruka Overseas - Indonesia
- GMR Energy Limited - India
- OPG Power Generation Pvt Ltd - India
- Grasim Industreis Ltd - India
- Metalloyd Limited - United Kingdom
- Asmin Koalindo Tuhup - Indonesia
- Minerals Council of Australia
- PTC India Limited - India
- Cigading International Bulk Terminal - Indonesia
- Tata Chemicals Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Carbofer General Trading SA - India
- Commonwealth Bank - Australia
- Krishnapatnam Port Company Ltd. - India
- Timah Investasi Mineral - Indoneisa
- Electricity Generating Authority of Thailand
- Standard Chartered Bank - UAE
- Mintek Dendrill Indonesia
- Uttam Galva Steels Limited - India
- Meenaskhi Energy Private Limited - India
- Borneo Indobara - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Kepco SPC Power Corporation, Philippines
- Ambuja Cements Ltd - India
- Australian Commodity Traders Exchange
- International Coal Ventures Pvt Ltd - India
- GVK Power & Infra Limited - India
- CNBM International Corporation - China
- Posco Energy - South Korea
- Pipit Mutiara Jaya. PT, Indonesia
- Petron Corporation, Philippines
- Vizag Seaport Private Limited - India
- Globalindo Alam Lestari - Indonesia
- Jindal Steel & Power Ltd - India
- The State Trading Corporation of India Ltd
- Formosa Plastics Group - Taiwan
- Marubeni Corporation - India
- Oldendorff Carriers - Singapore
- Rashtriya Ispat Nigam Limited - India
- Coal and Oil Company - UAE
- Sarangani Energy Corporation, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Gujarat Electricity Regulatory Commission - India
- Ministry of Mines - Canada
- Directorate General of MIneral and Coal - Indonesia
- Semirara Mining and Power Corporation, Philippines
- The Treasury - Australian Government
- Indogreen Group - Indonesia
- White Energy Company Limited
- Makarim & Taira - Indonesia
- Mjunction Services Limited - India
- Pendopo Energi Batubara - Indonesia
- Indo Tambangraya Megah - Indonesia
- Sojitz Corporation - Japan
- Trasteel International SA, Italy
- Malabar Cements Ltd - India
- Renaissance Capital - South Africa
- Savvy Resources Ltd - HongKong
- Jaiprakash Power Ventures ltd
- Billiton Holdings Pty Ltd - Australia
- Essar Steel Hazira Ltd - India
- Sindya Power Generating Company Private Ltd
- Medco Energi Mining Internasional
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- ICICI Bank Limited - India
- Global Coal Blending Company Limited - Australia
- Electricity Authority, New Zealand
- Maheswari Brothers Coal Limited - India
- Chettinad Cement Corporation Ltd - India
- Parliament of New Zealand
- Rio Tinto Coal - Australia
- Vedanta Resources Plc - India
- McConnell Dowell - Australia
- Africa Commodities Group - South Africa
- Merrill Lynch Commodities Europe
- SMC Global Power, Philippines
- LBH Netherlands Bv - Netherlands
- Meralco Power Generation, Philippines
- Eastern Coal Council - USA
- Latin American Coal - Colombia
- New Zealand Coal & Carbon
- CIMB Investment Bank - Malaysia
- Sinarmas Energy and Mining - Indonesia
- TeaM Sual Corporation - Philippines
- Central Electricity Authority - India
- Global Green Power PLC Corporation, Philippines
- Iligan Light & Power Inc, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Gujarat Sidhee Cement - India
- Coastal Gujarat Power Limited - India
- Salva Resources Pvt Ltd - India
- Agrawal Coal Company - India
- Parry Sugars Refinery, India
- Xindia Steels Limited - India
- Baramulti Group, Indonesia
- GAC Shipping (India) Pvt Ltd
- Kohat Cement Company Ltd. - Pakistan
- Karaikal Port Pvt Ltd - India
- Alfred C Toepfer International GmbH - Germany
- San Jose City I Power Corp, Philippines
- Antam Resourcindo - Indonesia
- Altura Mining Limited, Indonesia
- Bhatia International Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Sree Jayajothi Cements Limited - India
- Kaltim Prima Coal - Indonesia
- Bharathi Cement Corporation - India
- Coalindo Energy - Indonesia
- Straits Asia Resources Limited - Singapore
- Kideco Jaya Agung - Indonesia
- Dalmia Cement Bharat India
- Cement Manufacturers Association - India
- Semirara Mining Corp, Philippines
- Ministry of Transport, Egypt
- Edison Trading Spa - Italy
- IHS Mccloskey Coal Group - USA
- GN Power Mariveles Coal Plant, Philippines
- Holcim Trading Pte Ltd - Singapore
- Independent Power Producers Association of India
- Bangladesh Power Developement Board
- IEA Clean Coal Centre - UK
- Jorong Barutama Greston.PT - Indonesia
- Videocon Industries ltd - India
- Therma Luzon, Inc, Philippines
- Romanian Commodities Exchange
- Mercator Lines Limited - India
- Thai Mozambique Logistica
- Kapuas Tunggal Persada - Indonesia
- Samtan Co., Ltd - South Korea
- The University of Queensland
- AsiaOL BioFuels Corp., Philippines
- Indian Energy Exchange, India
- MS Steel International - UAE
- South Luzon Thermal Energy Corporation
- Siam City Cement PLC, Thailand
- Sakthi Sugars Limited - India
- Price Waterhouse Coopers - Russia
- Attock Cement Pakistan Limited
- Banpu Public Company Limited - Thailand
- Bukit Makmur.PT - Indonesia
- Georgia Ports Authority, United States
- Toyota Tsusho Corporation, Japan
- Karbindo Abesyapradhi - Indoneisa
- Tamil Nadu electricity Board
- Indonesian Coal Mining Association
- Bayan Resources Tbk. - Indonesia
- Wilmar Investment Holdings
- Offshore Bulk Terminal Pte Ltd, Singapore
- Asia Pacific Energy Resources Ventures Inc, Philippines
- PNOC Exploration Corporation - Philippines
- Ind-Barath Power Infra Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Ceylon Electricity Board - Sri Lanka
- Planning Commission, India
- Thiess Contractors Indonesia
- Deloitte Consulting - India
- Kumho Petrochemical, South Korea
- Energy Link Ltd, New Zealand
- Global Business Power Corporation, Philippines
- Eastern Energy - Thailand
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Port Waratah Coal Services - Australia
- Australian Coal Association
- Star Paper Mills Limited - India
- VISA Power Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Aboitiz Power Corporation - Philippines
- Anglo American - United Kingdom
- Orica Australia Pty. Ltd.
- SMG Consultants - Indonesia
- Bhushan Steel Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Indian Oil Corporation Limited
- Aditya Birla Group - India
- Bukit Baiduri Energy - Indonesia
- ASAPP Information Group - India
- European Bulk Services B.V. - Netherlands
- Singapore Mercantile Exchange
- Interocean Group of Companies - India
- Kobexindo Tractors - Indoneisa
- Bank of Tokyo Mitsubishi UFJ Ltd
- Goldman Sachs - Singapore
- Wood Mackenzie - Singapore
- Lanco Infratech Ltd - India
- Binh Thuan Hamico - Vietnam
- Bulk Trading Sa - Switzerland
- Simpson Spence & Young - Indonesia
- Barasentosa Lestari - Indonesia
- Manunggal Multi Energi - Indonesia
- India Bulls Power Limited - India
- Miang Besar Coal Terminal - Indonesia
- Sical Logistics Limited - India
- Siam City Cement - Thailand
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