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Wednesday, 30 November 22
INDONESIA’S BUMI RESOURCES TARGETS 2023 COAL OUTPUT OF 80 MLN TONNES - REUTERS
Indonesian coal miner PT Bumi Resources Tbk BUMI.JKis eyeing a 10% increase in output to 80 million tonnes next year amid expectations for more favourable weather conditions than this year, a company director said on Tuesday.
The company estimated 2022 coal output at 70-76 million tonnes, lower than the 78.8 million tonnes it produced last year. Coal output in the first nine moths of this year was 8.67% lower than the same period last year due to heavy rain.
The company has proposed to the energy ministry a work plan for 2023 to produce around 80 million tonnes of coal, Bumi Resources director Sri Dharmayanti said during an online briefing.
“While official guidance has not been finalized for next year, we think it can be an internal target of up to 85 million tonnes,” Bumi Resources director Dileep Srivastava told the same briefing.
Srivastava said the heavy rain this year has caused Bumi’s production to drop around 10%, losing roughly $1 billion in revenue.
“If the rain is manageable in 2023, we should get higher volume and add back the $1 billion revenue that we have sacrificed because of rain this year,” Srivastava said.
Source: Reuters
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Wednesday, 19 October 22
MARKET INSIGHT - INTERMODAL
The LNG market remains extremely tight, and as a result adding further pressure on the vessel charter market, which is already stretched due to the ...
Sunday, 16 October 22
COULD A RETURN TO SHALE EXPLORATION BE PART OF THE SOLUTION TO EUROPE'S GAS SUPPLY PROBLEM? - WOOD MACKENZIE
The European gas market is in turmoil. Russia’s invasion of Ukraine has shaken things up, triggering a complete rethink of European energy st ...
Thursday, 13 October 22
THERMAL COAL PRICES RETREAT AS WINTER SUPPLY FEARS EASE - REUTERS
The prices of key thermal seaborne coal grades are retreating amid signs that supplies will be sufficient to meet winter demand in both Europe and ...
Thursday, 13 October 22
SPOT COAL BIDDING: CHINESE FIRM WANTS REVISED MECHANISM - BUSINESS RECORDER
Chinese company M/s Huaneng Shandong Ruyi (Pakistan) Energy Limited (HSR) has cautioned National Electric Power Regulatory Authority (Nepra) that i ...
Thursday, 13 October 22
OPEC DOWNGRADES CRUDE OIL DEMAND, AS WORLD ECONOMY ENTERS SLOWDOWN
Crude Oil Price Movements
The OPEC Reference Basket (ORB) declined m-o-m by $6.58 in September, or 6.5%, to average $95.32/b. Pressure from equ ...
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- Standard Chartered Bank - UAE
- Rashtriya Ispat Nigam Limited - India
- Minerals Council of Australia
- Thai Mozambique Logistica
- Aboitiz Power Corporation - Philippines
- Madhucon Powers Ltd - India
- Anglo American - United Kingdom
- Wilmar Investment Holdings
- Tata Chemicals Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- Edison Trading Spa - Italy
- Lanco Infratech Ltd - India
- South Luzon Thermal Energy Corporation
- Posco Energy - South Korea
- GVK Power & Infra Limited - India
- Energy Development Corp, Philippines
- Makarim & Taira - Indonesia
- Oldendorff Carriers - Singapore
- Cement Manufacturers Association - India
- Vedanta Resources Plc - India
- Bahari Cakrawala Sebuku - Indonesia
- Samtan Co., Ltd - South Korea
- SMC Global Power, Philippines
- Indian Energy Exchange, India
- Electricity Generating Authority of Thailand
- Manunggal Multi Energi - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- European Bulk Services B.V. - Netherlands
- Billiton Holdings Pty Ltd - Australia
- Siam City Cement PLC, Thailand
- Indo Tambangraya Megah - Indonesia
- SMG Consultants - Indonesia
- Ind-Barath Power Infra Limited - India
- Bharathi Cement Corporation - India
- Grasim Industreis Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- Kepco SPC Power Corporation, Philippines
- Coastal Gujarat Power Limited - India
- International Coal Ventures Pvt Ltd - India
- Leighton Contractors Pty Ltd - Australia
- CIMB Investment Bank - Malaysia
- VISA Power Limited - India
- Australian Coal Association
- Semirara Mining and Power Corporation, Philippines
- Economic Council, Georgia
- The University of Queensland
- Banpu Public Company Limited - Thailand
- Indogreen Group - Indonesia
- Mjunction Services Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Coal and Oil Company - UAE
- Petron Corporation, Philippines
- Indika Energy - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Heidelberg Cement - Germany
- Electricity Authority, New Zealand
- Attock Cement Pakistan Limited
- Therma Luzon, Inc, Philippines
- Gujarat Mineral Development Corp Ltd - India
- Kumho Petrochemical, South Korea
- Intertek Mineral Services - Indonesia
- Kobexindo Tractors - Indoneisa
- Jorong Barutama Greston.PT - Indonesia
- Vizag Seaport Private Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Mercuria Energy - Indonesia
- Medco Energi Mining Internasional
- Karbindo Abesyapradhi - Indoneisa
- Cigading International Bulk Terminal - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- IHS Mccloskey Coal Group - USA
- Chamber of Mines of South Africa
- White Energy Company Limited
- Coalindo Energy - Indonesia
- Singapore Mercantile Exchange
- Pendopo Energi Batubara - Indonesia
- Eastern Energy - Thailand
- Karaikal Port Pvt Ltd - India
- Antam Resourcindo - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Larsen & Toubro Limited - India
- Binh Thuan Hamico - Vietnam
- Global Coal Blending Company Limited - Australia
- Australian Commodity Traders Exchange
- Aditya Birla Group - India
- AsiaOL BioFuels Corp., Philippines
- Baramulti Group, Indonesia
- Rio Tinto Coal - Australia
- Star Paper Mills Limited - India
- Orica Mining Services - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- SN Aboitiz Power Inc, Philippines
- Meralco Power Generation, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Kartika Selabumi Mining - Indonesia
- Meenaskhi Energy Private Limited - India
- Bhatia International Limited - India
- Formosa Plastics Group - Taiwan
- Parry Sugars Refinery, India
- GAC Shipping (India) Pvt Ltd
- Altura Mining Limited, Indonesia
- The State Trading Corporation of India Ltd
- Goldman Sachs - Singapore
- Renaissance Capital - South Africa
- Sical Logistics Limited - India
- Sinarmas Energy and Mining - Indonesia
- Siam City Cement - Thailand
- Trasteel International SA, Italy
- Maheswari Brothers Coal Limited - India
- The Treasury - Australian Government
- Independent Power Producers Association of India
- Bangladesh Power Developement Board
- Sakthi Sugars Limited - India
- Sarangani Energy Corporation, Philippines
- Merrill Lynch Commodities Europe
- Timah Investasi Mineral - Indoneisa
- Price Waterhouse Coopers - Russia
- Kideco Jaya Agung - Indonesia
- Riau Bara Harum - Indonesia
- OPG Power Generation Pvt Ltd - India
- Salva Resources Pvt Ltd - India
- Krishnapatnam Port Company Ltd. - India
- GN Power Mariveles Coal Plant, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- ICICI Bank Limited - India
- ASAPP Information Group - India
- Interocean Group of Companies - India
- Africa Commodities Group - South Africa
- Gujarat Electricity Regulatory Commission - India
- Bukit Makmur.PT - Indonesia
- Wood Mackenzie - Singapore
- New Zealand Coal & Carbon
- Mercator Lines Limited - India
- Sindya Power Generating Company Private Ltd
- Parliament of New Zealand
- Central Java Power - Indonesia
- Port Waratah Coal Services - Australia
- Orica Australia Pty. Ltd.
- LBH Netherlands Bv - Netherlands
- MS Steel International - UAE
- Iligan Light & Power Inc, Philippines
- India Bulls Power Limited - India
- Planning Commission, India
- Alfred C Toepfer International GmbH - Germany
- McConnell Dowell - Australia
- Romanian Commodities Exchange
- Xindia Steels Limited - India
- Ceylon Electricity Board - Sri Lanka
- Bukit Baiduri Energy - Indonesia
- Indian Oil Corporation Limited
- Essar Steel Hazira Ltd - India
- Bhushan Steel Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Marubeni Corporation - India
- Bayan Resources Tbk. - Indonesia
- Toyota Tsusho Corporation, Japan
- Dalmia Cement Bharat India
- Neyveli Lignite Corporation Ltd, - India
- Sree Jayajothi Cements Limited - India
- Malabar Cements Ltd - India
- Ministry of Finance - Indonesia
- Semirara Mining Corp, Philippines
- Deloitte Consulting - India
- Jindal Steel & Power Ltd - India
- San Jose City I Power Corp, Philippines
- Jaiprakash Power Ventures ltd
- Thiess Contractors Indonesia
- Chettinad Cement Corporation Ltd - India
- Directorate Of Revenue Intelligence - India
- Ambuja Cements Ltd - India
- Borneo Indobara - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Georgia Ports Authority, United States
- Bulk Trading Sa - Switzerland
- Central Electricity Authority - India
- Tamil Nadu electricity Board
- Uttam Galva Steels Limited - India
- Bhoruka Overseas - Indonesia
- Kapuas Tunggal Persada - Indonesia
- PowerSource Philippines DevCo
- Vijayanagar Sugar Pvt Ltd - India
- TeaM Sual Corporation - Philippines
- Mintek Dendrill Indonesia
- Energy Link Ltd, New Zealand
- PTC India Limited - India
- Metalloyd Limited - United Kingdom
- London Commodity Brokers - England
- Miang Besar Coal Terminal - Indonesia
- Videocon Industries ltd - India
- Sojitz Corporation - Japan
- Barasentosa Lestari - Indonesia
- Latin American Coal - Colombia
- IEA Clean Coal Centre - UK
- PNOC Exploration Corporation - Philippines
- Ministry of Mines - Canada
- Carbofer General Trading SA - India
- Eastern Coal Council - USA
- Gujarat Sidhee Cement - India
- Kaltim Prima Coal - Indonesia
- Simpson Spence & Young - Indonesia
- Globalindo Alam Lestari - Indonesia
- Straits Asia Resources Limited - Singapore
- Savvy Resources Ltd - HongKong
- Agrawal Coal Company - India
- Power Finance Corporation Ltd., India
- Indonesian Coal Mining Association
- Ministry of Transport, Egypt
- Petrochimia International Co. Ltd.- Taiwan
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Commonwealth Bank - Australia
- GMR Energy Limited - India
- Global Green Power PLC Corporation, Philippines
- CNBM International Corporation - China
- Holcim Trading Pte Ltd - Singapore
- Global Business Power Corporation, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
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