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
Sunday, 03 January 10
BHP TO STAY IN MARUWAI AND TO KEEP 75 PERCENT OF THE STAKE


Despite recent statements that it would pull out completely from Indonesia, the world's largest mining company BHP Billiton has now admitted that it will maintain 75 percent of its stake in the Maruwai coal project in Central Kalimantan, an official said.

"Yesterday BHP reported that it would only divest 25 percent of its stake in the projects. Thus, there is nothing special in this case actually," Director general for coal, minerals, and geothermal Bambang Setiawan told reporters Thursday.

Bambang said several companies were already interested in acquiring the shares and that BHP would make a decision on this no later than the end of March this year.

"We want them to make the decision faster, because they have no reason to prolong the process as with the 75 percent stake, they will remain the operator of the project," he said.

The Maruwai coal project consists of seven Coal Contracts of Works (CCoW), locally known as PKP2B, with a total working area of 330,000 hectares. The initially proposed main development was the Haju open cut mine, one of the seven, on which BHP planned to invest about US$100 million in investment. The company had originally planned that the mine should begin coal production by the middle of 2009.

However, in June last year BHP announced that it had stopped the development of the Haju mine, stating that this was not sufficiently in line with the company's long term investment strategy. The company also announced that it decided to stop a feasibility study of the Lampunut Block, another mine in the Maruwai project and also put its activity in the other five areas on hold subject to further study and a final decision.

"We are reviewing *with a view to* canceling all projects in Indonesia," Indra had said earlier. "These projects do not fit with the company's long-term strategy," Indra Diannanjaya, the Maruwai project's external relations manager had said on June 9, 2009.  To read more  The Jakarta Post



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

Recent News

Saturday, 09 January 10
THE FAR EAST MARKET STARTED TO STABILIZE - FEARNLEYS
Handy The FEAST market started to stabilize after the quite holidays and we saw growing activity fed by Chinese coal and iron ore imports and Indi ...


Saturday, 09 January 10
IMPORTED, LOCAL COAL TO BE MIXED IN POWER DRIVE
The government is likely to create a pool price of coal, wherein imported coal and Indian coal could be mixed, making the imported coal becomes more ...


Friday, 08 January 10
SA COAL PRICES TO SPIKE ON RESUMED INDIA BUYING
South African coal prices are set for another price surge to over $100 a ton FOB as Indian and Chinese buyers compete for limited prompt supply, pro ...


Friday, 08 January 10
COLOMBIAN COAL STARTS TO MOVE TO CHINA - TRADERS
* Producer sells cape cargo Colombian coal to China * Firm bids in freight market * More shipments expected Colombian coal is starting to move ...


Thursday, 07 January 10
PT. BUKIT ASAM TO BUILD NEW COAL LOADING TERMINAL AND COAL LOADER
COALspot.com (Indonesia): PT Bukit Asam (Persero) Tbk, Indonesia’s state owned  coal mining company,  is planning to build an additi ...


   1220 1221 1222 1223 1224   
Showing 6106 to 6110 news of total 6871
News by Category
Popular News
 
Total Members : 28,706
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
  • TeaM Sual Corporation - Philippines
  • OCBC - Singapore
  • Gujarat Sidhee Cement - India
  • Kalimantan Lumbung Energi - Indonesia
  • Indian Energy Exchange, India
  • Bukit Asam (Persero) Tbk - Indonesia
  • Global Business Power Corporation, Philippines
  • Jatenergy - Australia
  • Directorate Of Revenue Intelligence - India
  • Karbindo Abesyapradhi - Indoneisa
  • Peabody Energy - USA
  • Sree Jayajothi Cements Limited - India
  • Indian Oil Corporation Limited
  • Simpson Spence & Young - Indonesia
  • SMG Consultants - Indonesia
  • Jaiprakash Power Ventures ltd
  • Grasim Industreis Ltd - India
  • Petron Corporation, Philippines
  • Intertek Mineral Services - Indonesia
  • Sical Logistics Limited - India
  • NALCO India
  • Kumho Petrochemical, South Korea
  • IMC Shipping - Singapore
  • PowerSource Philippines DevCo
  • Malco - India
  • Bhushan Steel Limited - India
  • Toyota Tsusho Corporation, Japan
  • Mitsui
  • Marubeni Corporation - India
  • BRS Brokers - Singapore
  • Ind-Barath Power Infra Limited - India
  • Asia Pacific Energy Resources Ventures Inc, Philippines
  • Adaro Indonesia
  • UOB Asia (HK) Ltd
  • Siam City Cement - Thailand
  • Cement Manufacturers Association - India
  • ICICI Bank Limited - India
  • Therma Luzon, Inc, Philippines
  • Bangkok Bank PCL
  • GMR Energy Limited - India
  • Bulk Trading Sa - Switzerland
  • Interocean Group of Companies - India
  • Australian Commodity Traders Exchange
  • South Luzon Thermal Energy Corporation
  • Carbofer General Trading SA - India
  • Maersk Broker
  • Heidelberg Cement - Germany
  • IEA Clean Coal Centre - UK
  • Dr Ramakrishna Prasad Power Pvt Ltd - India
  • European Bulk Services B.V. - Netherlands
  • Orica Mining Services - Indonesia
  • BNP Paribas - Singapore
  • IOL Indonesia
  • Eastern Energy - Thailand
  • World Bank
  • PetroVietnam
  • Baramulti Group, Indonesia
  • Riau Bara Harum - Indonesia
  • Sojitz Corporation - Japan
  • Platou - Singapore
  • Pinang Coal Indonesia
  • GNFC Limited - India
  • Coastal Gujarat Power Limited - India
  • Parry Sugars Refinery, India
  • Jorong Barutama Greston.PT - Indonesia
  • Chettinad Cement Corporation Ltd - India
  • Mjunction Services Limited - India
  • Timah Investasi Mineral - Indoneisa
  • Antam Resourcindo - Indonesia
  • OPG Power Generation Pvt Ltd - India
  • Independent Power Producers Association of India
  • Ceylon Electricity Board - Sri Lanka
  • Sakthi Sugars Limited - India
  • Cardiff University - UK
  • APGENCO India
  • Jindal Steel & Power Ltd - India
  • Enel Italy
  • Petrochimia International Co. Ltd.- Taiwan
  • Samsung - South Korea
  • Oldendorff Carriers - Singapore
  • TANGEDCO India
  • WorleyParsons
  • Deutsche Bank - India
  • SN Aboitiz Power Inc, Philippines
  • Attock Cement Pakistan Limited
  • Minerals Council of Australia
  • Credit Suisse - India
  • Indogreen Group - Indonesia
  • NTPC Limited - India
  • Maruti Cements - India
  • Electricity Authority, New Zealand
  • Arch Coal - USA
  • Vitol - Bahrain
  • Permata Bank - Indonesia
  • Electricity Generating Authority of Thailand
  • Rashtriya Ispat Nigam Limited - India
  • Asia Cement - Taiwan
  • Africa Commodities Group - South Africa
  • Geoservices-GeoAssay Lab
  • Kohat Cement Company Ltd. - Pakistan
  • Global Coal Blending Company Limited - Australia
  • TNB Fuel Sdn Bhd - Malaysia
  • ANZ Bank - Australia
  • The India Cements Ltd
  • Gujarat Electricity Regulatory Commission - India
  • Mercator Lines Limited - India
  • Formosa Plastics Group - Taiwan
  • Qatrana Cement - Jordan
  • Power Finance Corporation Ltd., India
  • Altura Mining Limited, Indonesia
  • Manunggal Multi Energi - Indonesia
  • The Treasury - Australian Government
  • Banpu Public Company Limited - Thailand
  • Inspectorate - India
  • DBS Bank - Singapore
  • Larsen & Toubro Limited - India
  • Mitsubishi Corporation
  • Semirara Mining Corp, Philippines
  • Aditya Birla Group - India
  • Infraline Energy - India
  • Orica Australia Pty. Ltd.
  • ING Bank NV - Singapore
  • Cosco
  • globalCOAL - UK
  • Renaissance Capital - South Africa
  • VISA Power Limited - India
  • Price Waterhouse Coopers - Russia
  • Indorama - Singapore
  • CNBM International Corporation - China
  • Tanito Harum - Indonesia
  • Indika Energy - Indonesia
  • Cargill India Pvt Ltd
  • Coal and Oil Company - UAE
  • Cemex - Philippines
  • Georgia Ports Authority, United States
  • Surastha Cement
  • PLN - Indonesia
  • Petrosea - Indonesia
  • Ince & co LLP
  • Japan Coal Energy Center
  • Meralco Power Generation, Philippines
  • PetroVietnam Power Coal Import and Supply Company
  • TGV SRAAC LIMITED, India
  • Chamber of Mines of South Africa
  • Pendopo Energi Batubara - Indonesia
  • Bharathi Cement Corporation - India
  • Kaltim Prima Coal - Indonesia
  • Offshore Bulk Terminal Pte Ltd, Singapore
  • Vale Mozambique
  • Maharashtra Electricity Regulatory Commission - India
  • Tata Power - India
  • bp singapore
  • Bangladesh Power Developement Board
  • Sarangani Energy Corporation, Philippines
  • International Coal Ventures Pvt Ltd - India
  • Vedanta Resources Plc - India
  • Adani Power Ltd - India
  • GB Group - China
  • Core Mineral Indonesia
  • Indo Tambangraya Megah - Indonesia
  • Bhoruka Overseas - Indonesia
  • McConnell Dowell - Australia
  • Sindya Power Generating Company Private Ltd
  • MEC Coal - Indonesia
  • Coeclerici Indonesia
  • Noble Europe Ltd - UK
  • India Bulls Power Limited - India
  • Arutmin Indonesia
  • Edison Trading Spa - Italy
  • GN Power Mariveles Coal Plant, Philippines
  • Argus Media - Singapore
  • Agrawal Coal Company - India
  • Anglo American - United Kingdom
  • KEPCO - South Korea
  • GAC Shipping (India) Pvt Ltd
  • Ministry of Mines - Canada
  • Bank of China, Malaysia
  • Dong Bac Coal Mineral Investment Coporation - Vietnam
  • Tata Chemicals Ltd - India
  • Coal Orbis AG
  • San Jose City I Power Corp, Philippines
  • Borneo Indobara - Indonesia
  • Shree Cement - India
  • Straits Asia Resources Limited - Singapore
  • Samtan Co., Ltd - South Korea
  • Goldman Sachs - Singapore
  • Bank of Tokyo Mitsubishi UFJ Ltd
  • Latin American Coal - Colombia
  • Thriveni
  • Gupta Coal India Ltd
  • PNOC Exploration Corporation - Philippines
  • Ambuja Cements Ltd - India
  • Kartika Selabumi Mining - Indonesia
  • Kobe Steel Ltd - Japan
  • Alfred C Toepfer International GmbH - Germany
  • HSBC - Hong Kong
  • Metalloyd Limited - United Kingdom
  • Truba Alam Manunggal Engineering.Tbk - Indonesia
  • Gresik Semen - Indonesia
  • Vizag Seaport Private Limited - India
  • Lanco Infratech Ltd - India
  • J M Baxi & Co - India
  • Karaikal Port Pvt Ltd - India
  • Central Electricity Authority - India
  • Kobexindo Tractors - Indoneisa
  • Bukit Makmur.PT - Indonesia
  • Port Waratah Coal Services - Australia
  • Parliament of New Zealand
  • Coaltrans Conferences
  • Madhucon Powers Ltd - India
  • Britmindo - Indonesia
  • Wilmar Investment Holdings
  • IBC Asia (S) Pte Ltd
  • CCIC - Indonesia
  • Thai Mozambique Logistica
  • Inco-Indonesia
  • AsiaOL BioFuels Corp., Philippines
  • London Commodity Brokers - England
  • Miang Besar Coal Terminal - Indonesia
  • MS Steel International - UAE
  • Rudhra Energy - India
  • ACC Limited - India
  • Humpuss - Indonesia
  • JPMorgan - India
  • Total Coal South Africa
  • Indonesia Power. PT
  • GVK Power & Infra Limited - India
  • PLN Batubara - Indonesia
  • Sinarmas Energy and Mining - Indonesia
  • Xindia Steels Limited - India
  • TRAFIGURA, South Korea
  • Global Green Power PLC Corporation, Philippines
  • New Zealand Coal & Carbon
  • Freeport Indonesia
  • Leighton Contractors Pty Ltd - Australia
  • Standard Chartered Bank - UAE
  • CESC Limited - India
  • Fearnleys - India
  • Neyveli Lignite Corporation Ltd, - India
  • Holcim Trading Pte Ltd - Singapore
  • RBS Sempra - UK
  • ETA - Dubai
  • IHS Mccloskey Coal Group - USA
  • Ministry of Finance - Indonesia
  • Bank of America
  • Glencore India Pvt. Ltd
  • Bhatia International Limited - India
  • Videocon Industries ltd - India
  • Trasteel International SA, Italy
  • Asmin Koalindo Tuhup - Indonesia
  • Siam City Cement PLC, Thailand
  • Mercuria Energy - Indonesia
  • McKinsey & Co - India
  • Malabar Cements Ltd - India
  • KOWEPO - South Korea
  • Energy Development Corp, Philippines
  • GHCL Limited - India
  • Barasentosa Lestari - Indonesia
  • Coalindo Energy - Indonesia
  • Central Java Power - Indonesia
  • Berau Coal - Indonesia
  • Commonwealth Bank - Australia
  • Australian Coal Association
  • Coal India Limited
  • Merrill Lynch Commodities Europe
  • EIA - United States
  • Runge Indonesia
  • Xstrata Coal
  • The State Trading Corporation of India Ltd
  • Kepco SPC Power Corporation, Philippines
  • Cebu Energy, Philippines
  • Platts
  • CoalTek, United States
  • Mintek Dendrill Indonesia
  • Eastern Coal Council - USA
  • SUEK AG - Indonesia
  • SMC Global Power, Philippines
  • Singapore Mercantile Exchange
  • Bayan Resources Tbk. - Indonesia
  • Iligan Light & Power Inc, Philippines
  • World Coal - UK
  • Economic Council, Georgia
  • Clarksons - UK
  • KPCL - India
  • Uttam Galva Steels Limited - India
  • Idemitsu - Japan
  • U S Energy Resources
  • Merrill Lynch Bank
  • Savvy Resources Ltd - HongKong
  • SGS (Thailand) Limited
  • Kideco Jaya Agung - Indonesia
  • Thailand Anthracite
  • Rio Tinto Coal - Australia
  • Globalindo Alam Lestari - Indonesia
  • Planning Commission, India
  • EMO - The Netherlands
  • Lafarge - France
  • Deloitte Consulting - India
  • Bukit Baiduri Energy - Indonesia
  • Gujarat Mineral Development Corp Ltd - India
  • Reliance Power - India
  • UBS Singapore
  • Directorate General of MIneral and Coal - Indonesia
  • Maheswari Brothers Coal Limited - India
  • Makarim & Taira - Indonesia
  • KPMG - USA
  • Thomson Reuters GRC
  • Sucofindo - Indonesia
  • SRK Consulting
  • Ernst & Young Pvt. Ltd.
  • Mitra SK Pvt Ltd - India
  • The University of Queensland
  • ASAPP Information Group - India
  • SASOL - South Africa
  • Mechel - Russia
  • Posco Energy - South Korea
  • Pipit Mutiara Jaya. PT, Indonesia
  • Krishnapatnam Port Company Ltd. - India
  • Indonesian Coal Mining Association
  • Cigading International Bulk Terminal - Indonesia
  • CIMB Investment Bank - Malaysia
  • Shenhua Group - China
  • Barclays Capital - USA
  • JPower - Japan
  • Thiess Contractors Indonesia
  • Ministry of Transport, Egypt
  • Energy Link Ltd, New Zealand
  • TNPL - India
  • Salva Resources Pvt Ltd - India
  • Star Paper Mills Limited - India
  • Aboitiz Power Corporation - Philippines
  • White Energy Company Limited
  • Panama Canal Authority
  • Dalmia Cement Bharat India
  • LBH Netherlands Bv - Netherlands
  • Wood Mackenzie - Singapore
  • Medco Energi Mining Internasional
  • Tamil Nadu electricity Board
  • Romanian Commodities Exchange
  • Meenaskhi Energy Private Limited - India
  • Billiton Holdings Pty Ltd - Australia
  • Bahari Cakrawala Sebuku - Indonesia
  • Essar Steel Hazira Ltd - India
  • Kapuas Tunggal Persada - Indonesia
  • Filglen & Citicon Mining (HK) Ltd - Hong Kong
  • Vijayanagar Sugar Pvt Ltd - India
  • Asian Development Bank
  • Indian School of Mines
  • Binh Thuan Hamico - Vietnam
  • Semirara Mining and Power Corporation, Philippines
  • Maybank - Singapore
  • Russian Coal LLC
  • PTC India Limited - India
  • Moodys - Singapore