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Monday, 28 June 21
MINISTRY OF ENERGY AND MINERAL RESOURCES OF INDONESIA THREATENS TO REVOKE 2,350 MINING BUSINESS PERMITS
 The Ministry of Energy and Mineral Resources said that the revocation of mining business permits was in accordance with President Jokowi's instructions.
The Ministry of Energy and Mineral Resources has threatened to revoke mining business permits that do not carry out any activities at all. At least 2,350 business licenses that do not carry out any activities out of 5,600 mining business licenses that exist today, said katadata, a local media in its report.
The report further noted that, special Staff of the Mineral Resources for Mineral and Coal - Mining Management of Minister of Energy Irwandy Arif said that according to the instructions of the President of Indonesia, mining companies that do not carry out activities will have their permits revoked.
The katadata’s report further said, initially, the President requested 1,600 mining business permits, holders of Mining Business Permits (IUP), Coal Mining Concession Work Agreements (PKP2B), and Contracts of Work (KK) to have their permits reviewed. However, after the Ministry of Energy and Mineral Resources conducted a number of evaluations, it turned out that those who did not carry out activities actually exceeded 1600 permits.
Currently, the government is still evaluating all the problematic mining permits. Those who cannot carry out the activities will have their permit revoked. "It turns out that it's not 1,600, in fact there are 2,300 or closer to 2350 permits," said Irwandy in a virtual discussion, Friday (25/6).
For information, mining permits are no longer the authority of local governments. In accordance with Law Number 3 of 2020 concerning Mineral and Coal Mining or the Minerba Law, the central government took over the authority to issue or revoke permits. It is hoped that the presence of the regulation will reduce the complicated licensing process. At the same time, the government also issued Law Number 11 of 2020 concerning Job Creation. This omnibus law will facilitate the implementation of the one-stop licensing process and online single submission (OSS). The government is currently working on its derivative regulations. One that is being formulated is the draft government regulation (RPP) on the implementation of business licensing in the regions. It will contain technical requirements for simplification of low and medium risk business activities.
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Friday, 06 September 24
REBOUND IN OIL DEMAND COULD LIFT MARKET IN LATTER HALF OF 2024 - BIMCO
Supply/demand
Based on a strong second half demand, the supply/balance is forecast to strengthen in 2024 but weaken slightly in 2025 as n ...
Friday, 06 September 24
GLOBAL SEABORNE LNG TRADE HAS CONTINUED TO INCREASE LAST YEAR - BANCHERO COSTA
Global seaborne LNG trade has continued to increase last year, helped also by the events in Ukraine which forced Europe to diversify away from Russ ...
Wednesday, 28 August 24
SEABORNE COAL IMPORTS INTO INDIA INCREASED BY +9.9% Y-O-Y TO 146.6 MLN T - BANCHERO COSTA
Global coal trade has really picked up pace over the past year, and is now fully back to pre-Covid levels said Banchero Costa Research in its lates ...
Tuesday, 06 August 24
EXERCISE CAUTION WITH AMMONIA SWITCH - BALTIC EXCHANGE
A new study from the Massachusetts Institute of Technology (MIT) has thrown a spanner into the plan to transition ships from diesel fuel to ammonia ...
Friday, 02 August 24
ENERGY MARKET DEVELOPMENTS: COAL AND NATURAL GAS PRICES REACH RECORD HIGHS - WORLD BANK
The recent surge in natural gas and coal prices has been so swift that the main benchmarks were roughly three times higher in 2022Q2 compared to a ...
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- Parry Sugars Refinery, India
- Romanian Commodities Exchange
- Maharashtra Electricity Regulatory Commission - India
- Bayan Resources Tbk. - Indonesia
- Savvy Resources Ltd - HongKong
- Directorate General of MIneral and Coal - Indonesia
- Ambuja Cements Ltd - India
- Barasentosa Lestari - Indonesia
- Therma Luzon, Inc, Philippines
- Trasteel International SA, Italy
- Australian Coal Association
- Banpu Public Company Limited - Thailand
- PowerSource Philippines DevCo
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Malabar Cements Ltd - India
- SN Aboitiz Power Inc, Philippines
- Binh Thuan Hamico - Vietnam
- Altura Mining Limited, Indonesia
- Rashtriya Ispat Nigam Limited - India
- Power Finance Corporation Ltd., India
- SMC Global Power, Philippines
- Rio Tinto Coal - Australia
- Bharathi Cement Corporation - India
- Port Waratah Coal Services - Australia
- Economic Council, Georgia
- Indian Energy Exchange, India
- Posco Energy - South Korea
- Edison Trading Spa - Italy
- International Coal Ventures Pvt Ltd - India
- Attock Cement Pakistan Limited
- Wilmar Investment Holdings
- Pendopo Energi Batubara - Indonesia
- Mintek Dendrill Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Agrawal Coal Company - India
- Deloitte Consulting - India
- Anglo American - United Kingdom
- Manunggal Multi Energi - Indonesia
- Oldendorff Carriers - Singapore
- Cement Manufacturers Association - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Mjunction Services Limited - India
- AsiaOL BioFuels Corp., Philippines
- Neyveli Lignite Corporation Ltd, - India
- Australian Commodity Traders Exchange
- Sindya Power Generating Company Private Ltd
- Tata Chemicals Ltd - India
- Indonesian Coal Mining Association
- Bulk Trading Sa - Switzerland
- Heidelberg Cement - Germany
- Karbindo Abesyapradhi - Indoneisa
- Coastal Gujarat Power Limited - India
- Kartika Selabumi Mining - Indonesia
- IEA Clean Coal Centre - UK
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Gujarat Electricity Regulatory Commission - India
- Larsen & Toubro Limited - India
- Simpson Spence & Young - Indonesia
- London Commodity Brokers - England
- Kideco Jaya Agung - Indonesia
- Kaltim Prima Coal - Indonesia
- Toyota Tsusho Corporation, Japan
- Billiton Holdings Pty Ltd - Australia
- Africa Commodities Group - South Africa
- MS Steel International - UAE
- Sakthi Sugars Limited - India
- Global Green Power PLC Corporation, Philippines
- Siam City Cement PLC, Thailand
- Videocon Industries ltd - India
- South Luzon Thermal Energy Corporation
- Thiess Contractors Indonesia
- Planning Commission, India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Georgia Ports Authority, United States
- SMG Consultants - Indonesia
- Karaikal Port Pvt Ltd - India
- PNOC Exploration Corporation - Philippines
- Chettinad Cement Corporation Ltd - India
- Chamber of Mines of South Africa
- Makarim & Taira - Indonesia
- Renaissance Capital - South Africa
- McConnell Dowell - Australia
- Ministry of Finance - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Kumho Petrochemical, South Korea
- Antam Resourcindo - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- ICICI Bank Limited - India
- Grasim Industreis Ltd - India
- Orica Mining Services - Indonesia
- Borneo Indobara - Indonesia
- Orica Australia Pty. Ltd.
- Central Java Power - Indonesia
- Siam City Cement - Thailand
- Standard Chartered Bank - UAE
- CIMB Investment Bank - Malaysia
- Singapore Mercantile Exchange
- Aditya Birla Group - India
- Independent Power Producers Association of India
- LBH Netherlands Bv - Netherlands
- Sree Jayajothi Cements Limited - India
- GVK Power & Infra Limited - India
- Electricity Generating Authority of Thailand
- Kepco SPC Power Corporation, Philippines
- Carbofer General Trading SA - India
- Meenaskhi Energy Private Limited - India
- Cigading International Bulk Terminal - Indonesia
- VISA Power Limited - India
- Indika Energy - Indonesia
- Intertek Mineral Services - Indonesia
- Wood Mackenzie - Singapore
- Kohat Cement Company Ltd. - Pakistan
- Aboitiz Power Corporation - Philippines
- Tamil Nadu electricity Board
- Ministry of Transport, Egypt
- Jorong Barutama Greston.PT - Indonesia
- Bhoruka Overseas - Indonesia
- Essar Steel Hazira Ltd - India
- Jindal Steel & Power Ltd - India
- Global Coal Blending Company Limited - Australia
- Asmin Koalindo Tuhup - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Meralco Power Generation, Philippines
- Alfred C Toepfer International GmbH - Germany
- Coal and Oil Company - UAE
- GAC Shipping (India) Pvt Ltd
- Vizag Seaport Private Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Bhatia International Limited - India
- CNBM International Corporation - China
- Sinarmas Energy and Mining - Indonesia
- Star Paper Mills Limited - India
- Ind-Barath Power Infra Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Electricity Authority, New Zealand
- Bank of Tokyo Mitsubishi UFJ Ltd
- Iligan Light & Power Inc, Philippines
- Maheswari Brothers Coal Limited - India
- Bukit Baiduri Energy - Indonesia
- Straits Asia Resources Limited - Singapore
- India Bulls Power Limited - India
- Price Waterhouse Coopers - Russia
- Indian Oil Corporation Limited
- Commonwealth Bank - Australia
- White Energy Company Limited
- European Bulk Services B.V. - Netherlands
- The State Trading Corporation of India Ltd
- The University of Queensland
- Dalmia Cement Bharat India
- TeaM Sual Corporation - Philippines
- Kobexindo Tractors - Indoneisa
- Jaiprakash Power Ventures ltd
- Lanco Infratech Ltd - India
- Bangladesh Power Developement Board
- Indogreen Group - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Parliament of New Zealand
- PTC India Limited - India
- GMR Energy Limited - India
- San Jose City I Power Corp, Philippines
- Timah Investasi Mineral - Indoneisa
- Sical Logistics Limited - India
- Vedanta Resources Plc - India
- Gujarat Sidhee Cement - India
- Ceylon Electricity Board - Sri Lanka
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Bahari Cakrawala Sebuku - Indonesia
- Baramulti Group, Indonesia
- Samtan Co., Ltd - South Korea
- Uttam Galva Steels Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Ministry of Mines - Canada
- The Treasury - Australian Government
- IHS Mccloskey Coal Group - USA
- Latin American Coal - Colombia
- Medco Energi Mining Internasional
- OPG Power Generation Pvt Ltd - India
- Central Electricity Authority - India
- Formosa Plastics Group - Taiwan
- Energy Link Ltd, New Zealand
- Indo Tambangraya Megah - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Xindia Steels Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Petron Corporation, Philippines
- Riau Bara Harum - Indonesia
- Energy Development Corp, Philippines
- Salva Resources Pvt Ltd - India
- Mercator Lines Limited - India
- Kapuas Tunggal Persada - Indonesia
- Semirara Mining Corp, Philippines
- Global Business Power Corporation, Philippines
- Sarangani Energy Corporation, Philippines
- Eastern Coal Council - USA
- Semirara Mining and Power Corporation, Philippines
- Mercuria Energy - Indonesia
- Sojitz Corporation - Japan
- Coalindo Energy - Indonesia
- Marubeni Corporation - India
- Madhucon Powers Ltd - India
- Globalindo Alam Lestari - Indonesia
- Bhushan Steel Limited - India
- Interocean Group of Companies - India
- Merrill Lynch Commodities Europe
- Metalloyd Limited - United Kingdom
- Thai Mozambique Logistica
- Bukit Makmur.PT - Indonesia
- ASAPP Information Group - India
- Minerals Council of Australia
- Directorate Of Revenue Intelligence - India
- Bukit Asam (Persero) Tbk - Indonesia
- New Zealand Coal & Carbon
- Miang Besar Coal Terminal - Indonesia
- Eastern Energy - Thailand
- Goldman Sachs - Singapore
- Pipit Mutiara Jaya. PT, Indonesia
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