Coal

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PT Petrosea Tbk secures mining contract-The Jakarta Post

Sunday, 29 Jun 2014 08:00pm EDT

PT Petrosea Tbk:Secures a seven-year mining contract with PT Indonesia Pratama, a subsidiary of PT Bayan Resources (Bayan)-The Jakarta Post.Contract includes overburden mining, heavy equipment leasing and 65.5 mln tons of coal transporting from pit to crushing facility at Bayan's mining site in Tabang, East Kalimantan, according to kontan.co.id.

Sherritt International Corporation announces extension of an oil production-sharing contract in its oil and gas business

Monday, 2 Jun 2014 07:51am EDT

Sherritt International Corporation:Says has executed an agreement with the Government of Cuba to amend an existing Production-Sharing Contract (PSC) in its oil and gas business for an additional ten-year extension to March 2028.Says it is also awaiting final approval by Cuban ministries with respect to four new exploratory PSCs.Amended agreement provides for the extension of the Puerto Escondido/Yumuri PSC in Cuba to allow for further development drilling in those fields.During the new ten-year term, Sherritt will be obligated to drill a minimum of seven additional wells within an initial two year period following the effective date.Says extension applies to all new wells drilled following the amendment of the PSC.PSC will terminate with respect to existing wells as of its original expiry date in March 2018.

PT Darma Henwa Tbk gets $141 mln project deal-Investor Daily

Tuesday, 22 Apr 2014 08:00pm EDT

PT Darma Henwa Tbk:Secures a $141 mln engineering, procurement and construction project from PT Dairi Prima Mineral, a unit of PT Bumi Resources Mineral-Investor Daily.Says project is to develop mining facilities in North Sumatra.

SI Resources signs contract with Samsung C&T

Wednesday, 16 Apr 2014 02:32am EDT

SI Resources Co Ltd:Signs contract with Samsung C&T Corporation, to supply coal.Contract amount of 12,241,791,000 won.

Aspire Mining Ltd signs MOU with Sainshand Industrial Park

Wednesday, 9 Apr 2014 01:00am EDT

Aspire Mining Ltd:Announced that its Mongolian subsidiary has signed a non-binding Memorandum of Understanding with Sainshand Industrial Complex SOE.Relating to the future potential supply of coking coal produced at the Company’s wholly owned northern Mongolian Ovoot Coking Coal Project.

Mastermyne Group Ltd awarded anglo coal moranbah region umbrella contract

Thursday, 3 Apr 2014 08:00pm EDT

Mastermyne Group Ltd:Announced that it has been awarded the Moranbah Region Umbrella Contract with Anglo American Metallurgical Coal Pty Ltd.The term of the contract is three years with options to extend annually for an additional two years.Work under this contract is estimated to build over the next 12 months and currently estimated to contribute $150 million over the term of the contract including the options period.

Yanzhou Coal Mining updates status of sales contract

Wednesday, 12 Mar 2014 08:00pm EDT

Yanzhou Coal Mining Co Ltd:Signed contract to sell 7,200,000 tons of electric coal in Shandong, China at benchmark price of 519.50 yuan per ton in year 2014, as of March 12.

CONSOL Energy Inc announces plans to supply european cracker facilities with ethane from the marcellus shale in western pennsylvania

Thursday, 13 Feb 2014 10:19am EST

CONSOL Energy Inc:Enters into agreement with Ineos Europe AG, part of the Ineos Group, to export ethane via Sunoco Logistics' Mariner East infrastructure and the Marcus Hook Delaware River port for use in Ineos' European cracker complexes.Says the agreement builds on plans to transport high-value propane and ethane by pipeline from Western Pennsylvania to Marcus Hook, where the materials will be processed and shipped by sea to domestic and export markets.

Ichor Coal NV enters into an agreement with Pfizer

Wednesday, 5 Feb 2014 07:00am EST

Ichor Coal NV:Enters into an agreement with Pfizer to develop next generation TriGrid electroporation devices for use in Pfizer's vaccine-based immunotherapies for cancer indications.Under the terms of the agreement, Ichor will receive payment and potential development payments for products in the licensed field as well as royalty payments on potential future licensed product sales.

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