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
Monday, 19 November 12
GOVT PREPARES TO FACE ANOTHER SUIT ON MINING LAW - THE JAKARTA POST


The government is gearing up to face a complaint on the 2009 Mining Law prepared by the same organization that previously brought down upstream oil and gas regulator BPMigas through a surprising verdict from the Constitutional Court, a minister has said.

Energy and Mineral Resources Minister Jero Wacik said on Sunday he would gather all of the lawmakers and officials involved in the formulation of the Mining Law as part of preparations for the planned judicial review.

“It is my job as a minister to implement all the steps stipulated in the existing laws. If a law is annulled, then those involved in its drafting must also be responsible,” he told The Jakarta Post in a
telephone interview.

Jero was commenting on a recent statement by Muhammadiyah’s chairman, Din Syamsuddin, who said the organization would continue to file complaints on several natural resource laws in a bid to open access for Indonesians to benefit from the country’s rich resources.

Din told reporters at Muhammadiyah’s headquarters in Jakarta last Thursday that the nation’s second-largest Muslim organization saw several regulations, including those issued under the Mining Law, as unconstitutional because “they have impoverished the majority of Indonesians and enriched foreign agencies”.

“We are not anti-foreigners, but we believe that the government must put its people first before any business ties with foreign companies,” he added.

Din cited this idea as the reason Muhammadiyah had teamed up with 41 other organizations to file a review of the 2001 Oil and Gas Law last year, several parts of which were struck down by the Constitutional Court last week, resulting in the dissolution of BPMigas.

According to Din, a team of experts had conducted a thorough review of the law from 2009 to 2010 before finally concluding that it contradicted the 1945 Constitution.

Several high-profile figures also joined the club to petition for the review, including Hasyim Muzadi, the former chairman of Indonesia’s largest Muslim organization, Nahdlatul Ulama (NU), and senior Golkar Party politician and former industry minister, Fahmi Idris.

Kwik Kian Gie and Rizal Ramli — former ministers under administrations of the late Abdurrahman Wahid and Megawati Soekarnoputri — as well as Kurtubi, an energy expert at state energy firm PT Pertamina, were asked by the plaintiffs to become expert witnesses in the case.

In September, a Supreme Court verdict ordered the government to withdraw four chapters of the Energy and Mineral Resources Ministerial Decree No. 7 on mineral processing, including one chapter on export taxes for mineral ore, after reviewing a complaint from Indonesia’s nickel businesses association.

The export tax was meant to prevent the exploitation of mineral ore ahead of the government’s plan to fully prohibit exports of unprocessed metals in 2014, as stipulated in the Mining Law, which will be subject to review by the Constitutional Court.

Jero had earlier said that the government was currently drafting a new regulation in light of the verdict.

Separately, noted lawyer Todung Mulya Lubis said the court’s verdict to disband BPMigas pointed to the legal uncertainties faced by foreign investors in expanding their businesses in Southeast Asia’s largest economy.

With the Constitutional Court currently reviewing the 2009 Mining Law, Todung noted more businesses would be wary of the risks of investing in Indonesia.

Source:
The Jakarta Post (by: Amahl S. Azwar and Margareth S. Aritonang)



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

Recent News

Thursday, 22 November 12
HANDY: INDO-INDIA, LARGE ECO SUPRA NOW FIXED AT USD 12500 - FEARNRESEARCH
Handy The north Continent is seeing plenty of tonnages but lack of cargoes. TA business are around 11k and fronthaul is around 17k.Tonnages has tig ...


Thursday, 22 November 12
DRY BULK MARKET RISE, BUT OUTLOOK SEEN DIM ON THE BACK OF RECORD NEW BUILDING DELIVERIES - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
The dry bulk market has been under hefty pressure since the start of the year, as a result of record newbuilding deliveries and below-par demand for ...


Wednesday, 21 November 12
LITTLE IMPACT FROM DISSOLUTION OF BP MIGAS ON INDONESIAN OIL & GAS COMPANIES - FITCH
Fitch Ratings has said that the recent court order to abolish the Indonesian upstream oil and gas regulator, BP Migas, has minimal immediate impact ...


Wednesday, 21 November 12
ORPHEUS ENERGY SECURES FIRST COAL OFF TAKE CONTRACT
COALspot.com - Orpheus Energy Limited (ASX:OEG) has announced that it has signed a coal sales contract with an Indonesian steel manufacturing compan ...


Tuesday, 20 November 12
AUSTRALIAN NEWCASTLE PORT HAS LOADED 13.18 PERCENT LESS COAL W-W
COALspot.com - Newcastle port in Australia has loaded 2,691,731 MT of thermal and coking coal for week ended  0700 hours 19 November 2012, Newc ...


   897 898 899 900 901   
Showing 4491 to 4495 news of total 6871
News by Category
Popular News
 
Total Members : 28,619
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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