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Energy and Mineral Resources
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Qian Keming: Constantly Promote China-Africa Economic and Trade Cooperation to a New Level
Dec 16, 2015Over 15 years after the establishment of the Forum on China-Africa Cooperation (the "FOCAC"), China-Africa economic and trade cooperation has become a highlight in international cooperation with Africa and a model of South-South ...
Tags: FOCAC, financing cooperation
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Indonesia's DEC HBA Thermal Coal Price Set at Record Low $53.51/Mt FOB
Dec 15, 2015Indonesia's Ministry of Energy and Mineral Resources has set its December thermal coal reference price, also known as the Harga Batubara Acuan, at $53.51/mt FOB, setting a fresh record low for the eighth consecutive month and the lowest ...
Tags: HBA thermal coal, GAR coal
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Bangladesh Will Ink an Agreement with The US Consortium for Building LNG Import Terminal
May 13, 2014Bangladesh will ink an initial agreement in end-May with the US consortium comprising Astra Oil and Excelerate Energy for building the country's first LNG import terminal at Moheshkhali Island, a senior Petrobangla official said Friday. ...
Tags: LNG Import Terminal
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Indonesia's Ministry of Energy & Mineral Resources Set April Thermal Coal Reference Price
Apr 10, 2014Indonesia's Ministry of Energy and Mineral Resources has set its April thermal coal reference price, also known as Harga Batubara Acuan, at $74.81/mt FOB, the lowest since December 2009 and down 2.86% from March 2014. The April 2014 HBA ...
Tags: Thermal Coal, coal
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Bangladesh Petroleum Corp Has Submitted a Formal Request to The National Board of Revenue
Feb 25, 2014State-owned Bangladesh Petroleum Corp has submitted a formal request to the National Board of Revenue seeking a waiver from local taxes, value added taxes and other duties imposed on refined oil product imports, in order to borrow less from ...
Tags: Petroleum, Tax Waivers, Oil Product
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Indonesia Bans Announces That Its Export Ban on Raw Minerals Excluding Iron Ore
Jan 16, 2014Indonesia's Ministry of Energy and Mineral Resources has announced that its export ban on raw minerals has come into the effect as of Sunday, January 12, to encourage domestic processing of minerals. In last minute changes made at the ...
Tags: Indonesia, export ban, raw minerals
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Indonesia's State-Owned Oil and Gas Firm PT Pertamina Aspires Its Net-Profit to Rise
Dec 30, 2013Indonesia's state-owned oil and gas firm PT Pertamina aspires its net-profit to rise by 12.79 percent to 3.44 billion U.S. dollar next year as the revenue from downstream and upstream business spheres pick up, a statement from the company ...
Tags: State-Owned Oil, Energy
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AWE Announces That The Sale of a 50% Participating Interest in The Northwest Natuna PSC
Nov 26, 2013AWE Limited (ASX: AWE), is pleased to announce thatthe sale of a 50% participating interest in the Northwest Natuna PSC, including the 101 millionbarrel (K-Sand) Ande Ande Lumut oil project, to a subsidiary of Santos Limited (ASX: STO) has ...
Tags: Metallurgy, Mineral, Energy
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Indonesia's Largest Petrochemical Firm PT Chandra Asri and Ethylene Plant
Jul 20, 2013Indonesia’s largest petrochemical firm PT Chandra Asri and German company Ferrostaal Industrial Projects GmbH have signed an agreement to set up a methanol-based olefin production complex in Indonesian province of West Papua. ...
Tags: Chandra Asri, Ferrostaal Ink, PP, Ethylene
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Asian Thermal Coal Market Is Cautiously Awaiting a Decision From China
Jun 5, 2013The Asian thermal coal market is cautiously awaiting a decision from China, wondering if Beijing is serious about imposing a ban on imports of low calorific value coal, according to a range of market players interviewed by Platts Monday at ...
Tags: Low CV Coal, Import Ban
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Bangladesh Has Sought Permission to Re-offer Six Shallow Water Oil and Gas Blocks
May 13, 2013Bangladesh state-owned Petrobangla has sought permission to re-offer six shallow water oil and gas exploration blocks that attracted no bids in the county's recent bidding round, company chairman Hussain Monsur said Thursday. Monsur said ...
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Several Factors Have Led to a Decline in Mining and in The US Mineral Processing Industry
Dec 26, 2012The following have all combined to limit control of foreign minerals by US companies: In 2011, Resource nationalism became the number one risk for mining companies Nationalization Expropriation Increased taxation Constraints on the degree ...
Tags: Cobalt, Rare Earth, USA, Metallurgy
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It Has Appointed Mr Naijiang (Eric) Zhou as Its Chief Financial Officer
Dec 20, 2012Sutor Technology Group Limited announced that it has appointed Mr Naijiang (Eric) Zhou as its Chief Financial Officer, effective December 14th 2012. Over the last three years, Mr Zhou has served as the Vice President of Finance of Sutor ...
Tags: Energy and Mineral Resources, Sutor Technology, Metallurgy, CFO
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The Government Had Already Decided to Extend The Deadline Under
Dec 7, 2012Reuters reported that Indonesia is considering whether to extend a divestment deadline for foreign mining companies beyond 10 years but no decision has been made. Mr Hatta Rajasa chief economic minister of Indonesia said that the ...
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A New Bill Has Been Proposed to US House of Representatives' Natural Resource Committee
Apr 27, 2012A new bill has been proposed to the US House of Representatives’ natural resource committee to speed up the permitting process for mining valuable minerals. Hall Quinn, president and CEO of the National Mining Association (NMA), ...
Tags: new bill, mining valuable minerals, Mineral, Metallurgy