China down to 12 days of coal stocks

A lot of people relying on this."China's booming economy could be running out of steam – literally. At the end of a cold and stormy winter, the country has just 12 days of coal reserves at most power stations. Some provinces, including Hebei, bordering Beijing, have...

Time Magazine goes green

Iconic Time Magazine has a new green cover for this issue, in order to address climate change."When time magazine first did a climate change front page with a lonely polar bear on thin ice, it was clear to all that the debate on the reality of climate change was coming to an...

RI suffers deficit in trade with EFTA countries

Jakarta (ANTARA News) - Indonesia always suffered a deficit in its trade with European Free Trade Area (EFTA) member countries during the past four years, Trade Minister Mari Pangestu said.Indonesia`s exports to EFTA members stood at US$235.8 million in 2004 while its imports...

Bali`s textile, garment imports rise to $5.9 million

"It is still unclear whether the imported textiles and garments are intended to meet local needs or re-exported as Bali has so far been known as a textile and garment exporter though its textile and garment industry has been growing at slow pace since 2005.The significant...

Ugandan Militias Enter Kenya

This can't be a good thing..."Last night I recieved news that there were reports of Ugandan militia in or around Nyanza Province and Western Province. I waited utill I got confirmation from the ground. After several late night phone calls, I did confirm that Ugandan Forces...

President asks Pertamina to increase oil production

"The Pertamina chief explained that the state company`s oil production in 2007 was expected to jump 7.2 percent to 140,000 barrels per day from last year`s output of 135,000 barrels per day.He said next year Pertamina would increase its oil production to 170,000 barrels per...

Indonesia nearly halves 1st quarter term sweet crude imports

Singapore (ANTARA News) - Indonesia's Pertamina will cut the volume of low-sulphur crude it imports via term deals in the first quarter by nearly half versus this quarter, buying only 2.75 million barrels a month, a company source said on Monday. Pertamina will buy 950,000...

World demand bumps up fertiliser prices

" Massive world demand has caused 34.5% domestic ammonium nitrate prices to jump to £175/t.As supplies continue to tighten, prices are expected to reach £180/t by Christmas, and could reach as much as £200/t in the spring. Imports are in short supply, with imported...

China rejects accusations over exports to Indonesia

"The Washington Post said on Wednesday that China had suggested Indonesia lower its safety standards after Jakarta found mercury-laced makeup that turns skin black and carcinogenic candy. "The report is purely false," Foreign Ministry spokeswoman Jiang Yu was quoted by...