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, 26 October 09
DARWIN EYES PRIVATE INVESTMENT


The Jakarta Post reported that, the new energy and ministerial resources minister, Darwin Zahedy Saleh, has set his sights on accelerating the realization of private investment in the sector through various programs and  regulations.

“Increasing production has been our concern and challenge. We must accelerate investment realization in exploration production and in infrastructure both for storage and distribution,” Darwin said during his inauguration ceremony Thursday.

The government initially expected to book up to US$25 billion investment in the sector, but later on the target was revised down to $18 billion due to the global crisis.

“I will continue what good aspects have been achieved and improve what needs to be improved,” Darwin said.

As a new minister, Darwin will be challenged to get the energy and mining sector to contribute more than 30 percent of the state revenue. In the oil and gas sector, he must work hard to anticipate declining oil production due to aging fields.

As for the mining sector, he must convince investors to comply with the enactment of the new mining law. He is also expected to solve the country’s increasing power deficit problem.

“We face tough challenges, but with good will and cooperation I am optimistic that we can triumph.”

Darwin is head of economic division at President Susilo Bambang Yudhoyono’s Democratic Party. His appointment as the energy and mineral resources ministry was unexpected to practitioners and analysts alike as he is relatively unfamiliar to the sector.

“To be honest, I was not aware of him before, but I expect he will do the best for the ministry,” said a ministry’s high-ranking official who refused to be named.

Energy analysts voiced similar arguments.

“I never heard any of his views on how to manage the sector.

But, hopefully with his doctorate in economics he can learn fast about urgent problems in the  sector and will come up with accurate solutions,” energy analyst Kurtubi said.

Observer Pri Agung Rakhmanto of the Reforminer Institute said Darwin might need support from experts in the sector.

Former energy and mineral resources minister Purnomo Yusgiantoro said he believed Darwin could lead the ministry.

“He has a very strong educational background,” said Purnomo,  now the new defense minister. In an earlier interview, Darwin said he was not a totally new face in the sector.

“In my early career at Bank Duta, I was in charge of lending credits to oil and gas companies. I know  the business network from this experience.”

Darwin, born on Oct. 29, 1960, graduated from the University of Indonesia’s (UI) Economics Faculty in 1986 and later completed his masters study on business administration at Middle Tennessee State University, US, in 1994. This year he completed his doctorate program on finance and management, also at UI.

His employment history includes: dean’s senior advisor at UI’s economics faculty from 2006 until present, head of the economic and finance division of the Democratic Party from 2005 until present, deputy dean of UI’s faculty of economics from 2005 to 2006 and chief economist and investment banking director at PT Bahana Securities from 2000 to 2003.
Source: The Jakarta Post



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

Recent News

Thursday, 29 October 09
MMTC AWARDED 12.5 MILLION TONS TO THREE INDIAN TRADERS
COALspot.com (India): State-run trading firm MMTC awarded tenders for the import of 12.5 million tonnes of coal for NTPC to three Indian coal trader ...


Thursday, 29 October 09
COAL OF AFRICA SEES VELE OUTPUT BY APRIL 2010
* First coal from Mooiplaats mined and sold * Talks with Transnet on rail PPP on track Reuters reported that, Coal of Africa (CoAL) said on Mond ...


Thursday, 29 October 09
UAE FUND EYES INDIA POWER FOR INDONESIAN COAL
Reuters reported that, the UAE's Middle East Coal (MEC) is in talks to buy equity stakes in India's power plants in exchange for long-term coal su ...


Thursday, 29 October 09
CESC POSTS RS 126 CRORE (US$ 26,655,178) NET PROFIT IN QUARTER TWO
Economic Times reported that, Energy major CESC posted a marginal increase in net profit at Rs 126 crore (US$ 26,655,178) for the quarter ended Sep ...


Thursday, 29 October 09
INDIA MMTC TENDER SET TO BOOST S.AFRICA COAL
The South African coal market is set to be boosted further by India's state-owned trading firm MMTC Ltd's tender for 12.5 million tonnes, Indian t ...


   1257 1258 1259 1260 1261   
Showing 6291 to 6295 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 ...

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