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Wednesday, 28 July 10
INDONESIA'S MERUKH SECURES US$200 MLN INVESTMENT FROM SAN MIGUEL
Trading Market Reported that, Indonesian mining company Merukh Enterprises said it has secured an investment commitment of US$200 million from the Philippines' San Miguel to finance development of its coal reserves.
Merukh President Rudy Merukh said his company has coal concessions with hypothetic reserve of 39 billion tons in addition to 9 billion tons in proven reserves.
The reserves are located in various areas in Aceh, Kalimantan and Papua.
Merukh said his company will export the coal production to San Miguel, which will partly use it and sell the rest.
An agreement has been reached on the coal price to be supplied to San Miguel, he added.
San Miguel predicted the coal mines could produce 80 million tons of coal annually in 30 years, he said.
Source: Trading Market
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Monday, 24 June 24
PHILIPPINES COAL SUPPLY ENOUGH UNTIL 2030 - PHILSTAR GLOBAL
The country’s existing coal-fired power plants are sufficient to ensure enough base load capacity in the next six years, Energy Secretary Rap ...
Friday, 14 June 24
NEXTDECADE, SAUDI ARAMCO SIGN 20-YEAR LNG SUPPLY DEAL - REUTERS
U.S. liquefied natural gas (LNG) provider NextDecade has signed a non-binding agreement with Saudi Aramco 2222.SE to supply 1.2 million tonnes per ...
Friday, 14 June 24
NEWBUILDING PRICES CLIMB 3% TO HIGHEST LEVEL IN 16 YEARS - NIELS RASMUSSEN
“Since the start of the year, newbuilding prices have risen 3% to their highest level since 2008. Compared to their most recent low in late 2 ...
Friday, 14 June 24
INDIA TARGETS HIGHER DOMESTIC COAL PRODUCTION, REDUCED IMPORTS: GOVT - REUTERS
India wants to reduce coal imports and increase domestic production, federal coal minister G. Kishan Reddy said on Thursday.
The cou ...
Thursday, 13 June 24
US LNG TO ASIA FOR POWER GENERATION EXPECTED TO CUT EMISSIONS VERSUS COAL - RYSTAD ENERGY
The value-chain emissions of liquified natural gas (LNG) are lower on average than for coal-fired power generation, even when the fuel is shipp ...
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- Merrill Lynch Commodities Europe
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- Romanian Commodities Exchange
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- Alfred C Toepfer International GmbH - Germany
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- Straits Asia Resources Limited - Singapore
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- Energy Link Ltd, New Zealand
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- The University of Queensland
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- Bank of Tokyo Mitsubishi UFJ Ltd
- Baramulti Group, Indonesia
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- Bayan Resources Tbk. - Indonesia
- Jindal Steel & Power Ltd - India
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- Bharathi Cement Corporation - India
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- Indika Energy - Indonesia
- Madhucon Powers Ltd - India
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- Economic Council, Georgia
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- Australian Commodity Traders Exchange
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- Gujarat Mineral Development Corp Ltd - India
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- White Energy Company Limited
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- Banpu Public Company Limited - Thailand
- Therma Luzon, Inc, Philippines
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- Standard Chartered Bank - UAE
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- Coal and Oil Company - UAE
- Planning Commission, India
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