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Saturday, 04 July 09
MINING CONTRACT SOUGHT FOR COAL AREA IN MASBATE
 Because of its coal deposits, a town in Masbate is one of the sites in the country being sought out for exploration and development by mining companies.
The Department of Energy (DOE) said Cataingan, 80 kilometers from the capital city of Masbate, is among 18 areas in the country which are subjects of 25 contract proposals to explore and develop prospective coal sites.
Energy Undersecretary Ramon Allan Oca said the proposals were submitted under the fourth Philippine Energy Contracting Round (PECR) 2009 for coal.
At least 13 local companies submitted the proposals, Oca said in a statement.
It was reported that the DOE intended to finish the technical, legal and financial evaluation of the proposal within a month.
“I don’t want to take this long to avoid any doubts as to what we’re doing,” Oca added.
PECR is a public bidding round aimed at encouraging companies to invest in the country’s energy sector. These contracting rounds, which showcase the country’s potential areas for exploration and development, are expected to spur investments and help cut costly oil imports as well.
Coal block system was offered under PECR 2009 was in the municipality of Cataingan. Five other areas in Bicol that were offered under the same PECR were Caramoran, Panganiban and Viga, all in Catanduanes; Gubat in Sorsogon and Rapu-Rapu in Albay.
The DOE had earlier assured prospective investors that the government had “undertaken a thorough process of resource evaluation to yield high exploration success that is in line with our shared goal of efficient development and production of the coal area.” (PNA)
Source: Balita - com-ph
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Tuesday, 30 June 09
ARCELORMITTAL, RIO, 8 OTHERS VIE FOR COAL INDIA MINES
Coal India Ltd. short-listed ArcelorMittal, Rio Tinto Group and eight other companies to develop its abandoned mines to help ease a shortage of coal ...
Monday, 29 June 09
INDONESIA PLANS 20 PCT FOREIGN MINING SALE LAW
Indonesia plans to require foreign investors in mining firms to gradually divest shares starting from the fifth year of commercial production, but m ...
Monday, 29 June 09
CHINA ENJOYS STABLE COAL ECONOMY IN THE FIRST FIVE MONTHS OF 2009
In the first five months of the year, China's raw coal production had continued to rise, and coal market stayed in a balance in terms of supply-dem ...
Monday, 29 June 09
GOVERNMENT FINE TUNES MINING LAW
The government is planning to require all foreign-owned mining companies to divest 20 percent of their businesses to local entities after five years ...
Sunday, 28 June 09
INDIA CEMENTS TO INVEST RS 1,500 CR OVER 2 YEARS
Chennai-based India Cements is planning to invest around Rs 1,500 crore over the next two years for setting up a greenfield project in Rajasthan, po ...
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- Videocon Industries ltd - India
- Essar Steel Hazira Ltd - India
- Kepco SPC Power Corporation, Philippines
- Kideco Jaya Agung - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Jindal Steel & Power Ltd - India
- Altura Mining Limited, Indonesia
- Bharathi Cement Corporation - India
- AsiaOL BioFuels Corp., Philippines
- Carbofer General Trading SA - India
- Wilmar Investment Holdings
- Kartika Selabumi Mining - Indonesia
- Dalmia Cement Bharat India
- Renaissance Capital - South Africa
- Karaikal Port Pvt Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Mintek Dendrill Indonesia
- Xindia Steels Limited - India
- The Treasury - Australian Government
- Bukit Baiduri Energy - Indonesia
- Gujarat Sidhee Cement - India
- ICICI Bank Limited - India
- Siam City Cement - Thailand
- Sical Logistics Limited - India
- South Luzon Thermal Energy Corporation
- Therma Luzon, Inc, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- White Energy Company Limited
- Jaiprakash Power Ventures ltd
- Orica Mining Services - Indonesia
- Pendopo Energi Batubara - Indonesia
- Central Java Power - Indonesia
- Samtan Co., Ltd - South Korea
- Heidelberg Cement - Germany
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- CIMB Investment Bank - Malaysia
- CNBM International Corporation - China
- Gujarat Electricity Regulatory Commission - India
- Straits Asia Resources Limited - Singapore
- Meenaskhi Energy Private Limited - India
- San Jose City I Power Corp, Philippines
- Georgia Ports Authority, United States
- Borneo Indobara - Indonesia
- Ministry of Mines - Canada
- Aboitiz Power Corporation - Philippines
- Minerals Council of Australia
- Price Waterhouse Coopers - Russia
- Sakthi Sugars Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Orica Australia Pty. Ltd.
- Parliament of New Zealand
- PTC India Limited - India
- Simpson Spence & Young - Indonesia
- Bulk Trading Sa - Switzerland
- Petrochimia International Co. Ltd.- Taiwan
- Posco Energy - South Korea
- New Zealand Coal & Carbon
- Latin American Coal - Colombia
- Leighton Contractors Pty Ltd - Australia
- Ceylon Electricity Board - Sri Lanka
- Iligan Light & Power Inc, Philippines
- Madhucon Powers Ltd - India
- Grasim Industreis Ltd - India
- India Bulls Power Limited - India
- Indonesian Coal Mining Association
- Binh Thuan Hamico - Vietnam
- Siam City Cement PLC, Thailand
- Star Paper Mills Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Bukit Makmur.PT - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Edison Trading Spa - Italy
- IEA Clean Coal Centre - UK
- Mercuria Energy - Indonesia
- Tata Chemicals Ltd - India
- Tamil Nadu electricity Board
- Indian Energy Exchange, India
- Kohat Cement Company Ltd. - Pakistan
- Semirara Mining and Power Corporation, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Medco Energi Mining Internasional
- Directorate General of MIneral and Coal - Indonesia
- Global Coal Blending Company Limited - Australia
- The University of Queensland
- Bhatia International Limited - India
- The State Trading Corporation of India Ltd
- TeaM Sual Corporation - Philippines
- Jorong Barutama Greston.PT - Indonesia
- Kaltim Prima Coal - Indonesia
- PowerSource Philippines DevCo
- Independent Power Producers Association of India
- Ministry of Transport, Egypt
- Electricity Generating Authority of Thailand
- Manunggal Multi Energi - Indonesia
- Global Business Power Corporation, Philippines
- Planning Commission, India
- Power Finance Corporation Ltd., India
- Eastern Coal Council - USA
- Sarangani Energy Corporation, Philippines
- IHS Mccloskey Coal Group - USA
- Energy Development Corp, Philippines
- Larsen & Toubro Limited - India
- Electricity Authority, New Zealand
- Kobexindo Tractors - Indoneisa
- Uttam Galva Steels Limited - India
- Australian Commodity Traders Exchange
- Vedanta Resources Plc - India
- Kalimantan Lumbung Energi - Indonesia
- Indo Tambangraya Megah - Indonesia
- Global Green Power PLC Corporation, Philippines
- Oldendorff Carriers - Singapore
- Bangladesh Power Developement Board
- VISA Power Limited - India
- Bhushan Steel Limited - India
- Deloitte Consulting - India
- Kumho Petrochemical, South Korea
- Australian Coal Association
- Banpu Public Company Limited - Thailand
- LBH Netherlands Bv - Netherlands
- Asmin Koalindo Tuhup - Indonesia
- Semirara Mining Corp, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- OPG Power Generation Pvt Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- Riau Bara Harum - Indonesia
- Globalindo Alam Lestari - Indonesia
- Timah Investasi Mineral - Indoneisa
- Mjunction Services Limited - India
- Singapore Mercantile Exchange
- Chamber of Mines of South Africa
- Ambuja Cements Ltd - India
- Coastal Gujarat Power Limited - India
- Vizag Seaport Private Limited - India
- Sindya Power Generating Company Private Ltd
- Commonwealth Bank - Australia
- Gujarat Mineral Development Corp Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Cigading International Bulk Terminal - Indonesia
- Makarim & Taira - Indonesia
- Bayan Resources Tbk. - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Lanco Infratech Ltd - India
- Attock Cement Pakistan Limited
- Port Waratah Coal Services - Australia
- European Bulk Services B.V. - Netherlands
- PNOC Exploration Corporation - Philippines
- Rashtriya Ispat Nigam Limited - India
- Rio Tinto Coal - Australia
- Trasteel International SA, Italy
- Indian Oil Corporation Limited
- Toyota Tsusho Corporation, Japan
- Malabar Cements Ltd - India
- Kapuas Tunggal Persada - Indonesia
- Salva Resources Pvt Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Ministry of Finance - Indonesia
- Indogreen Group - Indonesia
- Meralco Power Generation, Philippines
- Savvy Resources Ltd - HongKong
- Agrawal Coal Company - India
- Antam Resourcindo - Indonesia
- Coalindo Energy - Indonesia
- London Commodity Brokers - England
- Directorate Of Revenue Intelligence - India
- Alfred C Toepfer International GmbH - Germany
- Ind-Barath Power Infra Limited - India
- Aditya Birla Group - India
- Thiess Contractors Indonesia
- Parry Sugars Refinery, India
- McConnell Dowell - Australia
- Metalloyd Limited - United Kingdom
- International Coal Ventures Pvt Ltd - India
- Romanian Commodities Exchange
- Energy Link Ltd, New Zealand
- Central Electricity Authority - India
- Maheswari Brothers Coal Limited - India
- Sree Jayajothi Cements Limited - India
- SMC Global Power, Philippines
- Krishnapatnam Port Company Ltd. - India
- Standard Chartered Bank - UAE
- Formosa Plastics Group - Taiwan
- Cement Manufacturers Association - India
- Barasentosa Lestari - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Thai Mozambique Logistica
- Wood Mackenzie - Singapore
- Indika Energy - Indonesia
- Sinarmas Energy and Mining - Indonesia
- SN Aboitiz Power Inc, Philippines
- Mercator Lines Limited - India
- Marubeni Corporation - India
- Intertek Mineral Services - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- GAC Shipping (India) Pvt Ltd
- Sojitz Corporation - Japan
- Billiton Holdings Pty Ltd - Australia
- SMG Consultants - Indonesia
- Anglo American - United Kingdom
- Bank of Tokyo Mitsubishi UFJ Ltd
- Interocean Group of Companies - India
- Bhoruka Overseas - Indonesia
- Eastern Energy - Thailand
- Miang Besar Coal Terminal - Indonesia
- GVK Power & Infra Limited - India
- Chettinad Cement Corporation Ltd - India
- Goldman Sachs - Singapore
- Baramulti Group, Indonesia
- GMR Energy Limited - India
- Petron Corporation, Philippines
- ASAPP Information Group - India
- Economic Council, Georgia
- Merrill Lynch Commodities Europe
- MS Steel International - UAE
- Africa Commodities Group - South Africa
- Coal and Oil Company - UAE
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