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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, 04 February 12
SUPRAMAX DELIVERY SOUTH CHINA FOR TRIPS VIA INDONESIA WERE REPORTED AROUND $ 6,000 PER DAY - VISTAAR
COALspot.com - The markets continued to soften which dropped by almost 11 pct and BDI closing at 647 points.
The drop in BDI was mainly due to dr ...
Thursday, 02 February 12
NO RELIEF YET FOR DRY BULK SHIP OWNERS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
Although at the start of 2012 nobody can claim that the global seaborne trade has suddenly come to a halt, quite the contrary, it seems that the dry ...
Wednesday, 01 February 12
KRISHNAPATNAM PORT - GOING DEEP TO SOAR HIGH
COALspot.com - Krishnapatnam Port now rightfully claims as the deepest draft port in India, as it has started accepting vessels with maximum permiss ...
Wednesday, 01 February 12
IN JAMBI, MOST MINING COMPANIES LACK 'CLEAR-AND-CLEAN' PERMITS - JP
More than three-quarters of the 386 mining companies in Jambi lack “clear-and-clean” certifications from the government, according to an ...
Wednesday, 01 February 12
2% OF IBPS TOTAL CONCESSION AREA CONTAINS TOTAL COAL RESOURCE OF 56.1 MILLION TON
COALspot.com - PT. Britmindo, a mine consulting firm, has finalized PT. Insani Bara Perkasa (IBP) first JORC (Joint Ore Reserves Committee) res ...
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- Global Green Power PLC Corporation, Philippines
- Eastern Coal Council - USA
- Chettinad Cement Corporation Ltd - India
- Kartika Selabumi Mining - Indonesia
- Heidelberg Cement - Germany
- Holcim Trading Pte Ltd - Singapore
- Bukit Baiduri Energy - Indonesia
- SMC Global Power, Philippines
- Tata Chemicals Ltd - India
- Economic Council, Georgia
- Chamber of Mines of South Africa
- Global Coal Blending Company Limited - Australia
- Cement Manufacturers Association - India
- TeaM Sual Corporation - Philippines
- Bulk Trading Sa - Switzerland
- Central Java Power - Indonesia
- Larsen & Toubro Limited - India
- Krishnapatnam Port Company Ltd. - India
- ASAPP Information Group - India
- The University of Queensland
- Petron Corporation, Philippines
- Pendopo Energi Batubara - Indonesia
- Makarim & Taira - Indonesia
- Vedanta Resources Plc - India
- India Bulls Power Limited - India
- Singapore Mercantile Exchange
- Eastern Energy - Thailand
- IEA Clean Coal Centre - UK
- Siam City Cement PLC, Thailand
- Indo Tambangraya Megah - Indonesia
- Anglo American - United Kingdom
- San Jose City I Power Corp, Philippines
- Banpu Public Company Limited - Thailand
- TNB Fuel Sdn Bhd - Malaysia
- Alfred C Toepfer International GmbH - Germany
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Mintek Dendrill Indonesia
- Ind-Barath Power Infra Limited - India
- Aboitiz Power Corporation - Philippines
- Indika Energy - Indonesia
- Coastal Gujarat Power Limited - India
- Mjunction Services Limited - India
- Kapuas Tunggal Persada - Indonesia
- SMG Consultants - Indonesia
- Altura Mining Limited, Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Gujarat Electricity Regulatory Commission - India
- Baramulti Group, Indonesia
- Leighton Contractors Pty Ltd - Australia
- Siam City Cement - Thailand
- Trasteel International SA, Italy
- Indian Oil Corporation Limited
- Carbofer General Trading SA - India
- Lanco Infratech Ltd - India
- Semirara Mining and Power Corporation, Philippines
- Parliament of New Zealand
- Sindya Power Generating Company Private Ltd
- Bharathi Cement Corporation - India
- Price Waterhouse Coopers - Russia
- Borneo Indobara - Indonesia
- Georgia Ports Authority, United States
- Globalindo Alam Lestari - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Therma Luzon, Inc, Philippines
- Maharashtra Electricity Regulatory Commission - India
- Parry Sugars Refinery, India
- Gujarat Mineral Development Corp Ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- Global Business Power Corporation, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Aditya Birla Group - India
- Rashtriya Ispat Nigam Limited - India
- International Coal Ventures Pvt Ltd - India
- Timah Investasi Mineral - Indoneisa
- Meralco Power Generation, Philippines
- Ministry of Finance - Indonesia
- Energy Development Corp, Philippines
- Straits Asia Resources Limited - Singapore
- Bahari Cakrawala Sebuku - Indonesia
- Ministry of Mines - Canada
- Mercuria Energy - Indonesia
- The Treasury - Australian Government
- Merrill Lynch Commodities Europe
- Renaissance Capital - South Africa
- McConnell Dowell - Australia
- Malabar Cements Ltd - India
- AsiaOL BioFuels Corp., Philippines
- Maheswari Brothers Coal Limited - India
- Xindia Steels Limited - India
- Kobexindo Tractors - Indoneisa
- Latin American Coal - Colombia
- Riau Bara Harum - Indonesia
- Wilmar Investment Holdings
- Simpson Spence & Young - Indonesia
- PNOC Exploration Corporation - Philippines
- Samtan Co., Ltd - South Korea
- South Luzon Thermal Energy Corporation
- Bukit Makmur.PT - Indonesia
- Ministry of Transport, Egypt
- Asmin Koalindo Tuhup - Indonesia
- Vizag Seaport Private Limited - India
- Interocean Group of Companies - India
- European Bulk Services B.V. - Netherlands
- Coal and Oil Company - UAE
- CIMB Investment Bank - Malaysia
- Tamil Nadu electricity Board
- Directorate Of Revenue Intelligence - India
- Bangladesh Power Developement Board
- Karaikal Port Pvt Ltd - India
- Coalindo Energy - Indonesia
- Bhatia International Limited - India
- Energy Link Ltd, New Zealand
- OPG Power Generation Pvt Ltd - India
- GMR Energy Limited - India
- Port Waratah Coal Services - Australia
- Agrawal Coal Company - India
- Semirara Mining Corp, Philippines
- Directorate General of MIneral and Coal - Indonesia
- Orica Mining Services - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- PetroVietnam Power Coal Import and Supply Company
- IHS Mccloskey Coal Group - USA
- Edison Trading Spa - Italy
- Essar Steel Hazira Ltd - India
- Madhucon Powers Ltd - India
- Manunggal Multi Energi - Indonesia
- Oldendorff Carriers - Singapore
- Kepco SPC Power Corporation, Philippines
- Sarangani Energy Corporation, Philippines
- Jaiprakash Power Ventures ltd
- Intertek Mineral Services - Indonesia
- GAC Shipping (India) Pvt Ltd
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- ICICI Bank Limited - India
- The State Trading Corporation of India Ltd
- Sical Logistics Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Formosa Plastics Group - Taiwan
- Deloitte Consulting - India
- Electricity Authority, New Zealand
- GN Power Mariveles Coal Plant, Philippines
- Australian Coal Association
- Star Paper Mills Limited - India
- Central Electricity Authority - India
- Attock Cement Pakistan Limited
- Petrochimia International Co. Ltd.- Taiwan
- Barasentosa Lestari - Indonesia
- Posco Energy - South Korea
- Binh Thuan Hamico - Vietnam
- Thai Mozambique Logistica
- PowerSource Philippines DevCo
- Bhoruka Overseas - Indonesia
- Romanian Commodities Exchange
- LBH Netherlands Bv - Netherlands
- Indogreen Group - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Neyveli Lignite Corporation Ltd, - India
- Sojitz Corporation - Japan
- Cigading International Bulk Terminal - Indonesia
- Kideco Jaya Agung - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- MS Steel International - UAE
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Sree Jayajothi Cements Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Salva Resources Pvt Ltd - India
- Indonesian Coal Mining Association
- Jindal Steel & Power Ltd - India
- Miang Besar Coal Terminal - Indonesia
- Toyota Tsusho Corporation, Japan
- VISA Power Limited - India
- PTC India Limited - India
- Orica Australia Pty. Ltd.
- Wood Mackenzie - Singapore
- Power Finance Corporation Ltd., India
- Mercator Lines Limited - India
- Kaltim Prima Coal - Indonesia
- Videocon Industries ltd - India
- White Energy Company Limited
- Thiess Contractors Indonesia
- Rio Tinto Coal - Australia
- Billiton Holdings Pty Ltd - Australia
- Sakthi Sugars Limited - India
- CNBM International Corporation - China
- Ceylon Electricity Board - Sri Lanka
- Metalloyd Limited - United Kingdom
- Grasim Industreis Ltd - India
- Australian Commodity Traders Exchange
- Electricity Generating Authority of Thailand
- Kohat Cement Company Ltd. - Pakistan
- Gujarat Sidhee Cement - India
- Medco Energi Mining Internasional
- Kumho Petrochemical, South Korea
- Marubeni Corporation - India
- Africa Commodities Group - South Africa
- Karbindo Abesyapradhi - Indoneisa
- Ambuja Cements Ltd - India
- Minerals Council of Australia
- GVK Power & Infra Limited - India
- Uttam Galva Steels Limited - India
- Iligan Light & Power Inc, Philippines
- Independent Power Producers Association of India
- Bayan Resources Tbk. - Indonesia
- Bhushan Steel Limited - India
- Savvy Resources Ltd - HongKong
- SN Aboitiz Power Inc, Philippines
- Standard Chartered Bank - UAE
- Antam Resourcindo - Indonesia
- Indian Energy Exchange, India
- Dalmia Cement Bharat India
- Meenaskhi Energy Private Limited - India
- London Commodity Brokers - England
- Commonwealth Bank - Australia
- Planning Commission, India
- Goldman Sachs - Singapore
- New Zealand Coal & Carbon
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