COALspot.com keeps you connected across the coal world

Submit Your Articles
We welcome article submissions from experts in the areas of coal, mining, shipping, etc.

To Submit your article please click here.

International Energy Events


Search News
Latest CoalNews Headlines
Thursday, 08 September 11
PETROSEA ADDS US$730 MIO CONTRACT


Coal mining contractor PT Petrosea Tbk (PTRO), a majority owned subsidiary of energy integrated company PT Indika Energy Tbk (INDY), has secured a US$730 million additional coal mining contracting from PT Adimitra Baratama Nusantara from initial contract of US$200 million, according to Insider Stories.

Petrosea, in an official statement to Indonesia Stock Exchange, said the additional contract has been signed by Petrosea on August 25 2011, renewing the previous agreement signed on August 19 2009 and January 18 2011. Under the additional contract, Petrosea is obliged to produce 14 million tons coal and 126 million bcm at Sanga-Sanga, East Kalimantan.

Adimitra Nusantara has guaranteed at least 5-year contract to make Petrosea optimizes new heavy equipments, which is in line with higher production.

Petrosea is 99.39% controlled by Indika Energy, a company that is owned by two stellar businessmen Agus Lasmono Sudwikatmono and Wiwoho Basuki Tjokronegoro.

By end of June 2011, 86.29% of Petrosea consolidated revenue were contributed by coal mining or worth US$96.99 million, services of US$8.25 million, and engineering and construction of US$6.13 million.

Petrosea booked US$112.39 million revenue in the first half of this year, a 26.58% increase from US$88.79 million a year earlier. Adimitra Nusantara contributed US$28 million revenue to Petrosea.
Source: Insider Stories



If you believe an article violates your rights or the rights of others, please contact us.

Recent News

Tuesday, 19 July 11
82 MIO TONS OF COAL TO BE SUPPLIED FOR DOMESTIC MARKET
Indonesian Coal miners were required to supply 82 million tons of coal to Domestic market in this year. This is a 2.53 percent higher than last year ...


Monday, 18 July 11
IMFA BUYS A INDONESIAN COAL MINE FOR USD 8.7 M
Indian Metals and Ferro Alloys (IMFA), the largest producer of ferro chrome in the country, today said it has acquired 70 per cent stake in an Indones ...


Sunday, 17 July 11
THE COAL PRICES ARE SOFTENING DUE TO LESS DEMAND - VISTAAR
COALspot.com: The markets were down last week with BDI down by 6.63 points and closing at 1,353 points. The most affected was Cape index which was d ...


Friday, 15 July 11
DRY BULK MARKET SUFFERS NEW BLOW, RETREATS EVEN FURTHER - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market fell even lower yesterday on the back of lower demand for larger vessels, like Capesizes and Panamaxes. The industry’s ben ...


Friday, 15 July 11
BUKIT ASAM 1H COAL SALES UP 44 PERCENT
The state-controlled PT Tambang Batubara Bukit Asam Tbk (PTBA) is estimated to post 6.5 million tons of coal sales in the first half of this year, a ...


   1036 1037 1038 1039 1040   
Showing 5186 to 5190 news of total 6871
News by Category
Popular News
 
Total Members : 28,622
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

  • Formosa Plastics Group - Taiwan
  • BNP Paribas - Singapore
  • Rudhra Energy - India
  • Inspectorate - India
  • Bharathi Cement Corporation - India
  • Bukit Makmur.PT - Indonesia
  • Antam Resourcindo - Indonesia
  • IBC Asia (S) Pte Ltd
  • Orica Australia Pty. Ltd.
  • Pendopo Energi Batubara - Indonesia
  • Asmin Koalindo Tuhup - Indonesia
  • Surastha Cement
  • Deloitte Consulting - India
  • SUEK AG - Indonesia
  • Lafarge - France
  • Anglo American - United Kingdom
  • Bahari Cakrawala Sebuku - Indonesia
  • Tata Power - India
  • Thiess Contractors Indonesia
  • DBS Bank - Singapore
  • Vale Mozambique
  • Indo Tambangraya Megah - Indonesia
  • Bulk Trading Sa - Switzerland
  • NTPC Limited - India
  • Directorate Of Revenue Intelligence - India
  • Malco - India
  • Arutmin Indonesia
  • Uttam Galva Steels Limited - India
  • Pipit Mutiara Jaya. PT, Indonesia
  • globalCOAL - UK
  • Enel Italy
  • Kepco SPC Power Corporation, Philippines
  • Rashtriya Ispat Nigam Limited - India
  • Salva Resources Pvt Ltd - India
  • Bangkok Bank PCL
  • Videocon Industries ltd - India
  • Maharashtra Electricity Regulatory Commission - India
  • TGV SRAAC LIMITED, India
  • Vijayanagar Sugar Pvt Ltd - India
  • Leighton Contractors Pty Ltd - Australia
  • Infraline Energy - India
  • Siam City Cement PLC, Thailand
  • Humpuss - Indonesia
  • OCBC - Singapore
  • Planning Commission, India
  • Dr Ramakrishna Prasad Power Pvt Ltd - India
  • Sarangani Energy Corporation, Philippines
  • PowerSource Philippines DevCo
  • McConnell Dowell - Australia
  • Vizag Seaport Private Limited - India
  • Edison Trading Spa - Italy
  • CESC Limited - India
  • Standard Chartered Bank - UAE
  • Thai Mozambique Logistica
  • Electricity Generating Authority of Thailand
  • Cargill India Pvt Ltd
  • Rio Tinto Coal - Australia
  • The India Cements Ltd
  • Indorama - Singapore
  • KOWEPO - South Korea
  • Heidelberg Cement - Germany
  • RBS Sempra - UK
  • Kohat Cement Company Ltd. - Pakistan
  • JPMorgan - India
  • Moodys - Singapore
  • Sree Jayajothi Cements Limited - India
  • Coal Orbis AG
  • HSBC - Hong Kong
  • Peabody Energy - USA
  • Lanco Infratech Ltd - India
  • White Energy Company Limited
  • Indogreen Group - Indonesia
  • Cosco
  • The University of Queensland
  • Miang Besar Coal Terminal - Indonesia
  • Siam City Cement - Thailand
  • Dong Bac Coal Mineral Investment Coporation - Vietnam
  • Gujarat Electricity Regulatory Commission - India
  • Gujarat Mineral Development Corp Ltd - India
  • Trasteel International SA, Italy
  • Gujarat Sidhee Cement - India
  • PetroVietnam Power Coal Import and Supply Company
  • Romanian Commodities Exchange
  • GNFC Limited - India
  • Minerals Council of Australia
  • Central Java Power - Indonesia
  • Kobexindo Tractors - Indoneisa
  • Kobe Steel Ltd - Japan
  • GAC Shipping (India) Pvt Ltd
  • Petrosea - Indonesia
  • Parry Sugars Refinery, India
  • GHCL Limited - India
  • Central Electricity Authority - India
  • Sojitz Corporation - Japan
  • Freeport Indonesia
  • Platou - Singapore
  • Vedanta Resources Plc - India
  • Borneo Indobara - Indonesia
  • SGS (Thailand) Limited
  • BRS Brokers - Singapore
  • Grasim Industreis Ltd - India
  • Straits Asia Resources Limited - Singapore
  • Maheswari Brothers Coal Limited - India
  • KPCL - India
  • Platts
  • New Zealand Coal & Carbon
  • PLN Batubara - Indonesia
  • Power Finance Corporation Ltd., India
  • Singapore Mercantile Exchange
  • Petron Corporation, Philippines
  • Bhoruka Overseas - Indonesia
  • Core Mineral Indonesia
  • PNOC Exploration Corporation - Philippines
  • Ince & co LLP
  • Cemex - Philippines
  • Savvy Resources Ltd - HongKong
  • Kideco Jaya Agung - Indonesia
  • Adaro Indonesia
  • Directorate General of MIneral and Coal - Indonesia
  • Kaltim Prima Coal - Indonesia
  • Eastern Energy - Thailand
  • Wilmar Investment Holdings
  • Metalloyd Limited - United Kingdom
  • Mercator Lines Limited - India
  • Panama Canal Authority
  • Glencore India Pvt. Ltd
  • Goldman Sachs - Singapore
  • Baramulti Group, Indonesia
  • Tata Chemicals Ltd - India
  • Noble Europe Ltd - UK
  • PetroVietnam
  • Cement Manufacturers Association - India
  • Shree Cement - India
  • Oldendorff Carriers - Singapore
  • Aditya Birla Group - India
  • Mjunction Services Limited - India
  • Energy Development Corp, Philippines
  • Dalmia Cement Bharat India
  • McKinsey & Co - India
  • Meralco Power Generation, Philippines
  • TNB Fuel Sdn Bhd - Malaysia
  • GB Group - China
  • Globalindo Alam Lestari - Indonesia
  • J M Baxi & Co - India
  • Japan Coal Energy Center
  • Simpson Spence & Young - Indonesia
  • Tanito Harum - Indonesia
  • Latin American Coal - Colombia
  • Adani Power Ltd - India
  • Gupta Coal India Ltd
  • Madhucon Powers Ltd - India
  • Altura Mining Limited, Indonesia
  • Coeclerici Indonesia
  • Renaissance Capital - South Africa
  • Intertek Mineral Services - Indonesia
  • AsiaOL BioFuels Corp., Philippines
  • Carbofer General Trading SA - India
  • Total Coal South Africa
  • Reliance Power - India
  • Barasentosa Lestari - Indonesia
  • Berau Coal - Indonesia
  • Coal India Limited
  • Credit Suisse - India
  • Makarim & Taira - Indonesia
  • SRK Consulting
  • JPower - Japan
  • NALCO India
  • Mintek Dendrill Indonesia
  • Indonesian Coal Mining Association
  • Offshore Bulk Terminal Pte Ltd, Singapore
  • Merrill Lynch Bank
  • UOB Asia (HK) Ltd
  • Electricity Authority, New Zealand
  • CCIC - Indonesia
  • Malabar Cements Ltd - India
  • India Bulls Power Limited - India
  • Bank of China, Malaysia
  • Sinarmas Energy and Mining - Indonesia
  • Binh Thuan Hamico - Vietnam
  • Xindia Steels Limited - India
  • LBH Netherlands Bv - Netherlands
  • Ministry of Transport, Egypt
  • Xstrata Coal
  • Meenaskhi Energy Private Limited - India
  • Timah Investasi Mineral - Indoneisa
  • Coastal Gujarat Power Limited - India
  • Britmindo - Indonesia
  • Banpu Public Company Limited - Thailand
  • Thomson Reuters GRC
  • The Treasury - Australian Government
  • Russian Coal LLC
  • Samtan Co., Ltd - South Korea
  • CoalTek, United States
  • Sakthi Sugars Limited - India
  • Petrochimia International Co. Ltd.- Taiwan
  • Maybank - Singapore
  • Thriveni
  • CNBM International Corporation - China
  • TNPL - India
  • Price Waterhouse Coopers - Russia
  • Bukit Asam (Persero) Tbk - Indonesia
  • Samsung - South Korea
  • IOL Indonesia
  • Australian Commodity Traders Exchange
  • Shenhua Group - China
  • Cigading International Bulk Terminal - Indonesia
  • Sucofindo - Indonesia
  • The State Trading Corporation of India Ltd
  • Toyota Tsusho Corporation, Japan
  • Qatrana Cement - Jordan
  • EMO - The Netherlands
  • International Coal Ventures Pvt Ltd - India
  • GVK Power & Infra Limited - India
  • Orica Mining Services - Indonesia
  • Holcim Trading Pte Ltd - Singapore
  • ACC Limited - India
  • WorleyParsons
  • Indonesia Power. PT
  • Ind-Barath Power Infra Limited - India
  • Gresik Semen - Indonesia
  • ING Bank NV - Singapore
  • Jatenergy - Australia
  • World Coal - UK
  • Indika Energy - Indonesia
  • Filglen & Citicon Mining (HK) Ltd - Hong Kong
  • Bhushan Steel Limited - India
  • Mitsubishi Corporation
  • Pinang Coal Indonesia
  • Indian Oil Corporation Limited
  • Ambuja Cements Ltd - India
  • Vitol - Bahrain
  • Marubeni Corporation - India
  • PTC India Limited - India
  • Georgia Ports Authority, United States
  • Aboitiz Power Corporation - Philippines
  • Runge Indonesia
  • Clarksons - UK
  • Ernst & Young Pvt. Ltd.
  • Fearnleys - India
  • PLN - Indonesia
  • Global Coal Blending Company Limited - Australia
  • U S Energy Resources
  • OPG Power Generation Pvt Ltd - India
  • TRAFIGURA, South Korea
  • Argus Media - Singapore
  • Maersk Broker
  • Asia Cement - Taiwan
  • Bhatia International Limited - India
  • World Bank
  • VISA Power Limited - India
  • Truba Alam Manunggal Engineering.Tbk - Indonesia
  • Tamil Nadu electricity Board
  • Parliament of New Zealand
  • Ministry of Mines - Canada
  • UBS Singapore
  • MS Steel International - UAE
  • Port Waratah Coal Services - Australia
  • SMG Consultants - Indonesia
  • Indian School of Mines
  • Bank of America
  • Agrawal Coal Company - India
  • Semirara Mining and Power Corporation, Philippines
  • IEA Clean Coal Centre - UK
  • Global Business Power Corporation, Philippines
  • Thailand Anthracite
  • APGENCO India
  • Asian Development Bank
  • Commonwealth Bank - Australia
  • Cardiff University - UK
  • Independent Power Producers Association of India
  • ASAPP Information Group - India
  • Wood Mackenzie - Singapore
  • Mitsui
  • Bayan Resources Tbk. - Indonesia
  • Kapuas Tunggal Persada - Indonesia
  • ICICI Bank Limited - India
  • Essar Steel Hazira Ltd - India
  • Economic Council, Georgia
  • Australian Coal Association
  • Therma Luzon, Inc, Philippines
  • Mercuria Energy - Indonesia
  • Ministry of Finance - Indonesia
  • Energy Link Ltd, New Zealand
  • Sical Logistics Limited - India
  • Ceylon Electricity Board - Sri Lanka
  • Bangladesh Power Developement Board
  • Neyveli Lignite Corporation Ltd, - India
  • Larsen & Toubro Limited - India
  • Permata Bank - Indonesia
  • EIA - United States
  • IHS Mccloskey Coal Group - USA
  • Coal and Oil Company - UAE
  • Manunggal Multi Energi - Indonesia
  • San Jose City I Power Corp, Philippines
  • Semirara Mining Corp, Philippines
  • Global Green Power PLC Corporation, Philippines
  • Idemitsu - Japan
  • Asia Pacific Energy Resources Ventures Inc, Philippines
  • Geoservices-GeoAssay Lab
  • Karaikal Port Pvt Ltd - India
  • Mitra SK Pvt Ltd - India
  • Jindal Steel & Power Ltd - India
  • Inco-Indonesia
  • Iligan Light & Power Inc, Philippines
  • Eastern Coal Council - USA
  • South Luzon Thermal Energy Corporation
  • CIMB Investment Bank - Malaysia
  • SN Aboitiz Power Inc, Philippines
  • Posco Energy - South Korea
  • Coaltrans Conferences
  • MEC Coal - Indonesia
  • Barclays Capital - USA
  • Cebu Energy, Philippines
  • Coalindo Energy - Indonesia
  • GMR Energy Limited - India
  • Jorong Barutama Greston.PT - Indonesia
  • Riau Bara Harum - Indonesia
  • Karbindo Abesyapradhi - Indoneisa
  • Maruti Cements - India
  • Merrill Lynch Commodities Europe
  • ANZ Bank - Australia
  • GN Power Mariveles Coal Plant, Philippines
  • Sindya Power Generating Company Private Ltd
  • Attock Cement Pakistan Limited
  • Billiton Holdings Pty Ltd - Australia
  • Arch Coal - USA
  • ETA - Dubai
  • Star Paper Mills Limited - India
  • SMC Global Power, Philippines
  • Bukit Baiduri Energy - Indonesia
  • TeaM Sual Corporation - Philippines
  • Thermax Limited - India
  • Indian Energy Exchange, India
  • TANGEDCO India
  • Interocean Group of Companies - India
  • Jaiprakash Power Ventures ltd
  • bp singapore
  • KEPCO - South Korea
  • Alfred C Toepfer International GmbH - Germany
  • SASOL - South Africa
  • KPMG - USA
  • Bank of Tokyo Mitsubishi UFJ Ltd
  • Kalimantan Lumbung Energi - Indonesia
  • Mechel - Russia
  • Africa Commodities Group - South Africa
  • European Bulk Services B.V. - Netherlands
  • Deutsche Bank - India
  • Kartika Selabumi Mining - Indonesia
  • Krishnapatnam Port Company Ltd. - India
  • Kumho Petrochemical, South Korea
  • London Commodity Brokers - England
  • Chettinad Cement Corporation Ltd - India
  • Medco Energi Mining Internasional
  • IMC Shipping - Singapore
  • Chamber of Mines of South Africa