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
Friday, 13 April 12
S&P CAUTIONS AGAINST NEW INDONESIAN MINING REGULATIONS - THE JAKARTA GLOBE


The Jakarta Globe reported that, Investors may have expressed concerns about looming new mining regulations, but ratings agency Standard & Poor’s says it doubts the government will implement them strictly.

“Whether the government of Indonesia will follow up on its hard-line stance is still a question,” the ratings agency said in its latest report on mining.

However, S&P added that “our ratings on mining companies operating in Indonesia have long factored in the country’s evolving regulations. Therefore, our credit outlook on the sector remains stable.”

The government this year issued a series of controversial mining regulations, including plans for an ore export ban, higher royalties, a ceiling on foreign ownership of mining assets, a required upgrade in coal quality before export and so-called “contract of work” renegotiations.

“Not a week has passed without government officials calling for additional royalties, a review of ownership rules or a more equal redistribution of mineral wealth,” S&P said in the report.

Industry Minister M.S. Hidayat was on Thursday quoted by Reuters reiterating an earlier statement by his ministry that the government is studying a 25 percent tax on mining exports this year that will become a 50 percent tax in 2013.

S&P said that if the move is strictly implemented, it “would undeniably hurt Indonesian mining companies as well as international companies that have mining operations in Indonesia. It would raise the cost of doing business in the sector and lessen its attractiveness to investors.”

The ratings agency said that it believed “the government of Indonesia will take a pragmatic approach while implementing mining regulations, given the sector’s economic importance.”

Last year, the government received $6.5 billion in taxes and royalties from mining companies, constituting 5 percent of total government revenue.

Dileep Srivastava, the investor relations director at large coal miner Bumi Resources, expressed concern about the tax.

“If this is enacted, some of our metals and minor coal assets may be vulnerable,” he said.

“But it is premature to form any view yet.”
Source: The Jakarta Globe



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

Recent News

Tuesday, 14 November 23
CHINA'S BELT AND ROAD INITIATIVE TURNS AWAY FROM COAL - WOOD MACKENZIE
Ambitious, contentious and big spending, China’s Belt and Road Initiative (BRI) is 10 years old. In that time, China has splashed more than U ...


Friday, 10 November 23
THE COMMODITIES FEED: OIL UNDER PRESSURE - ING
Energy – Brent plummets   The oil market came under significant pressure yesterday. ICE Brent settled 4.19% lower on the day and ...


Friday, 10 November 23
COAL USE AT U.S. POWER PLANTS CONTINUES DOWNWARD SPIRAL; FULL IMPACT ON MINES TO BE FELT IN 2024 - IEEFA
This year, the use of coal by the U.S.’s power producers has been so anemic that the fuel has not achieved a 20% market share in any month so ...


Friday, 10 November 23
INDIA: NATIONAL COAL INDEX RISES 3.83 POINTS IN SEPTEMBER AMID HIGHER DEMAND - LIVEMINT
The National Coal Index (NCI) rose 3.83 points to 143.91 in September amid growing demand for coal.   The union coal ministry on Tuesd ...


Thursday, 09 November 23
WE'RE PRODUCING TOO MUCH COAL, OIL AND GAS, REPORT SAYS - WSJ
World leaders pledged in 2015 to reduce emissions in a combined effort to limit climate change.   Now they are stepping up production ...


   14 15 16 17 18   
Showing 76 to 80 news of total 6871
News by Category
Popular News
 
Total Members : 28,704
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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