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Friday, 29 April 11
HARUM EYES IDR 2.58 TRILLION COAL TAKEOVER
PT Harum Energy Tbk (HRUM), that is controlled by Indonesian tycoon Kiki Barki, is poised to spend Rp 2.58 trillion (approximately US$ 301.296 mln) for takeover of coal mining companies as quoted by Insider Stories.
"We have to realize acquisition of coal companies this year," said Harum President Director Ray Antonio Gunara as quoted by Kontan daily today.
According to him, Harum is focusing on acquisition of coal mining with 5,000 kcalories. "We aim to buy coal mining in East Kalimantan as the company has rolled out infrastructure for coal mining in these area."
To support the acquisition, the company has Rp 1.03 trillion (approximately US$ 120.284 mln) of internally generated cash flow and Rp1.56 trillion (approximately US$ 182.179 mln) loan facility obtained from Bank DBS Ltd Singapore.
Harum, with coal reserves of 112.6 million tons, targets 10.4 million tons output this year, an increase from 7.4 million tons last year. The company owns three subsidiaries dubbed PT Santan Batubara, a joint venture with subsidiary of PT Indika Energy Tbk, PT Mahakam Sumber Jaya, and PT Tambang Batubara Harum.
"Production from Tambang Batubara Harum may reach 500,000 tons," Ray said.
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Thursday, 22 December 22
RUSSIAN OIL EXPORTS CRATER BY 54% IN THE FIRST FULL WEEK OF THE EU'S EMBARGO AMID A SHORTAGE OF TANKERS WILLING TO CARRY CARGOES - BUSINESS INSIDER
Since the European Union imposed its seaborne crude sanctions, Russian oil exports have tumbled by more than half, according to data compiled by Bl ...
Thursday, 22 December 22
CHINA TIGHTENS VERIFICATION OF SHIPS’ ENERGY CONSUMPTION DATA - GARD
From 22 December 2022, ships trading to Chinese ports must record their energy consumption data in accordance with the requirements of their Ship E ...
Thursday, 22 December 22
AN OVERVIEW OF THE LNG MARKET - VESSELSVALUE
LNG values have continued to strengthen, spurred by skyrocketing earnings that have surpassed last year’s record breaking peaks. In November, ...
Thursday, 22 December 22
COKING COAL SLUMPS AS TALKS ON AUSTRALIA-CHINA TRADE RIFT LOOM - REUTERS
Chinese coking coal futures dropped more than 3 per cent on Tuesday (Dec 20), extending losses, as supply of the steelmaking input might increase i ...
Thursday, 22 December 22
COAL AND GAS PRICE CAPS MAY COMPOUND POLITICAL RISK FOR AUSTRALIAN CORPORATES - FITCH RATINGS
Australia’s introduction of temporary price caps on domestic sales of gas and coal used for electricity generation will probably have limited ...
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- Indo Tambangraya Megah - Indonesia
- Xindia Steels Limited - India
- Makarim & Taira - Indonesia
- Energy Development Corp, Philippines
- Price Waterhouse Coopers - Russia
- Holcim Trading Pte Ltd - Singapore
- The University of Queensland
- Iligan Light & Power Inc, Philippines
- Georgia Ports Authority, United States
- Dalmia Cement Bharat India
- Africa Commodities Group - South Africa
- Kumho Petrochemical, South Korea
- Barasentosa Lestari - Indonesia
- Bhoruka Overseas - Indonesia
- Rio Tinto Coal - Australia
- SMC Global Power, Philippines
- ASAPP Information Group - India
- Semirara Mining Corp, Philippines
- Kaltim Prima Coal - Indonesia
- Siam City Cement PLC, Thailand
- Malabar Cements Ltd - India
- Kepco SPC Power Corporation, Philippines
- Orica Australia Pty. Ltd.
- Gujarat Sidhee Cement - India
- Indonesian Coal Mining Association
- Pendopo Energi Batubara - Indonesia
- Merrill Lynch Commodities Europe
- Edison Trading Spa - Italy
- Kohat Cement Company Ltd. - Pakistan
- Bukit Baiduri Energy - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Heidelberg Cement - Germany
- Petrochimia International Co. Ltd.- Taiwan
- SN Aboitiz Power Inc, Philippines
- Globalindo Alam Lestari - Indonesia
- Agrawal Coal Company - India
- Lanco Infratech Ltd - India
- Bhatia International Limited - India
- Coalindo Energy - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- PetroVietnam Power Coal Import and Supply Company
- Banpu Public Company Limited - Thailand
- Borneo Indobara - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Bulk Trading Sa - Switzerland
- Meralco Power Generation, Philippines
- Metalloyd Limited - United Kingdom
- Grasim Industreis Ltd - India
- Siam City Cement - Thailand
- Tamil Nadu electricity Board
- Ind-Barath Power Infra Limited - India
- The State Trading Corporation of India Ltd
- Electricity Authority, New Zealand
- Global Business Power Corporation, Philippines
- Gujarat Electricity Regulatory Commission - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Marubeni Corporation - India
- Bharathi Cement Corporation - India
- VISA Power Limited - India
- Global Green Power PLC Corporation, Philippines
- Kideco Jaya Agung - Indonesia
- Bangladesh Power Developement Board
- Renaissance Capital - South Africa
- Mintek Dendrill Indonesia
- Energy Link Ltd, New Zealand
- Indogreen Group - Indonesia
- Medco Energi Mining Internasional
- Romanian Commodities Exchange
- Ministry of Finance - Indonesia
- Maheswari Brothers Coal Limited - India
- Petron Corporation, Philippines
- Sree Jayajothi Cements Limited - India
- Bukit Makmur.PT - Indonesia
- Global Coal Blending Company Limited - Australia
- Kapuas Tunggal Persada - Indonesia
- South Luzon Thermal Energy Corporation
- Australian Commodity Traders Exchange
- Karaikal Port Pvt Ltd - India
- Central Electricity Authority - India
- Semirara Mining and Power Corporation, Philippines
- Attock Cement Pakistan Limited
- Sakthi Sugars Limited - India
- PTC India Limited - India
- Coastal Gujarat Power Limited - India
- Binh Thuan Hamico - Vietnam
- Orica Mining Services - Indonesia
- CIMB Investment Bank - Malaysia
- London Commodity Brokers - England
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- CNBM International Corporation - China
- IHS Mccloskey Coal Group - USA
- Meenaskhi Energy Private Limited - India
- Larsen & Toubro Limited - India
- Australian Coal Association
- Planning Commission, India
- Central Java Power - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- McConnell Dowell - Australia
- TeaM Sual Corporation - Philippines
- Indian Energy Exchange, India
- Indika Energy - Indonesia
- Vedanta Resources Plc - India
- Tata Chemicals Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Chettinad Cement Corporation Ltd - India
- Manunggal Multi Energi - Indonesia
- The Treasury - Australian Government
- White Energy Company Limited
- San Jose City I Power Corp, Philippines
- Cement Manufacturers Association - India
- Power Finance Corporation Ltd., India
- Baramulti Group, Indonesia
- Therma Luzon, Inc, Philippines
- Sical Logistics Limited - India
- Jaiprakash Power Ventures ltd
- Goldman Sachs - Singapore
- Economic Council, Georgia
- Bukit Asam (Persero) Tbk - Indonesia
- Videocon Industries ltd - India
- Star Paper Mills Limited - India
- Timah Investasi Mineral - Indoneisa
- IEA Clean Coal Centre - UK
- Bank of Tokyo Mitsubishi UFJ Ltd
- Antam Resourcindo - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Formosa Plastics Group - Taiwan
- Billiton Holdings Pty Ltd - Australia
- ICICI Bank Limited - India
- Independent Power Producers Association of India
- Kartika Selabumi Mining - Indonesia
- Carbofer General Trading SA - India
- International Coal Ventures Pvt Ltd - India
- GMR Energy Limited - India
- GVK Power & Infra Limited - India
- Straits Asia Resources Limited - Singapore
- Trasteel International SA, Italy
- Intertek Mineral Services - Indonesia
- LBH Netherlands Bv - Netherlands
- Eastern Energy - Thailand
- Deloitte Consulting - India
- Essar Steel Hazira Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Sojitz Corporation - Japan
- Mercuria Energy - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Parry Sugars Refinery, India
- Chamber of Mines of South Africa
- Eastern Coal Council - USA
- Rashtriya Ispat Nigam Limited - India
- Parliament of New Zealand
- Minerals Council of Australia
- Jorong Barutama Greston.PT - Indonesia
- Standard Chartered Bank - UAE
- Aditya Birla Group - India
- Sindya Power Generating Company Private Ltd
- Posco Energy - South Korea
- Mercator Lines Limited - India
- Commonwealth Bank - Australia
- Ambuja Cements Ltd - India
- Ministry of Transport, Egypt
- Karbindo Abesyapradhi - Indoneisa
- AsiaOL BioFuels Corp., Philippines
- Kalimantan Lumbung Energi - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Miang Besar Coal Terminal - Indonesia
- Savvy Resources Ltd - HongKong
- New Zealand Coal & Carbon
- Thai Mozambique Logistica
- Cigading International Bulk Terminal - Indonesia
- Vizag Seaport Private Limited - India
- Altura Mining Limited, Indonesia
- Ministry of Mines - Canada
- Samtan Co., Ltd - South Korea
- European Bulk Services B.V. - Netherlands
- PowerSource Philippines DevCo
- Directorate Of Revenue Intelligence - India
- Kobexindo Tractors - Indoneisa
- Latin American Coal - Colombia
- Bayan Resources Tbk. - Indonesia
- Riau Bara Harum - Indonesia
- Anglo American - United Kingdom
- Madhucon Powers Ltd - India
- Indian Oil Corporation Limited
- Electricity Generating Authority of Thailand
- Toyota Tsusho Corporation, Japan
- Interocean Group of Companies - India
- GAC Shipping (India) Pvt Ltd
- PNOC Exploration Corporation - Philippines
- GN Power Mariveles Coal Plant, Philippines
- Thiess Contractors Indonesia
- SMG Consultants - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Jindal Steel & Power Ltd - India
- Leighton Contractors Pty Ltd - Australia
- Wood Mackenzie - Singapore
- Krishnapatnam Port Company Ltd. - India
- Salva Resources Pvt Ltd - India
- Simpson Spence & Young - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- MS Steel International - UAE
- Port Waratah Coal Services - Australia
- Oldendorff Carriers - Singapore
- Aboitiz Power Corporation - Philippines
- Mjunction Services Limited - India
- Sinarmas Energy and Mining - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Coal and Oil Company - UAE
- India Bulls Power Limited - India
- Bhushan Steel Limited - India
- Uttam Galva Steels Limited - India
- Wilmar Investment Holdings
- Sarangani Energy Corporation, Philippines
- OPG Power Generation Pvt Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Singapore Mercantile Exchange
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