by Editor | Oct 16, 2013 | Energy, News, Resources
SINGAPORE (Yosefardi) – RH Petrogas Limited and PetroChina International, operator of Kepala Burung PSC have commenced the drilling of the Klagalo-1 exploration well on Tuesday, Oct 15, 2013 using the Huabei Rig #6 in onshore Kepala Burung PSC (Basin PSC), West...
by Editor | Oct 15, 2013 | Finance, Markets, News
LONDON (Yosefardi) – Shares of Bumi Plc, owner of 29% shares in Bumi Resources (BUMI) and 85% shares in Berau Coal Energy (BRAU), fell sharply by 5% in London Stock Exchange (LSE) Tuesday (October 15). The stock ended at 202 pence after trading as high as 215...
by Editor | Oct 14, 2013 | Business, News, People
JAKARTA (Yosefardi) – Robertus Bilitea, member of commissioner board of Deposit Insurance Agency (LPS), has been appointed acting executive chief of the agency. Mr Bilitea, former director of law of Indonesia Bank Restructuring Agency (IBRA), replaces Mirza...
by Editor | Oct 14, 2013 | Mining, News, Resources
SYDNEY (Yosefardi) – West Wits Mining Ltd claimed its Derewo River gold project in Papua province, Indonesia is getting closer to a trial mining. Inspection of the airstrip in the area concluded that subject to some minor works, it should ready to start...
by Editor | Oct 14, 2013 | Energy, News, Resources
SINGAPORE (Yosefardi) – Federal Hardware Engineering Co Pte Ltd, subsidiary of SGX-listed Federal International (2000) Ltd, has boosted its investment in PT Fedsin Rekayasa Pratama by US$3 million on October 11, 2013. With the capital injection, Federal’s...
by Editor | Oct 14, 2013 | Energy, News, Resources
SINGAPORE (Yosefardi) – KM-607 well has commenced production at an average output of 220 barrels per day, boosting Kampung Minyak’s output to 360 barrels per day. Mirach Energy Ltd informed market participants Monday that the cost of drilling and...
by Editor | Oct 14, 2013 | Finance, Global Finance, News
SINGAPORE (Yosefardi) – Shares of Blumont Group plummeted 13% on the stock exchange of Singapore (SGX) Monday (October 14). More than 10 million shares exchanged hands as the stock dropped to as low as S$0.1470. The stock has recovered from its low at S$0.09 to...
by Editor | Oct 14, 2013 | Finance, Markets, News
JAKARTA (Yosefardi) – Stock markets in the region open mixed Monday (October 14), while Nymex crude oil declined 1.4% to US$101.6 per barrel in Asian trading. Australia’s All Ordinaries lost 0.65%, while KOSPI Composite index down 0.2%. Singapore’s...
by Editor | Oct 8, 2013 | Finance, Indonesia Finance, News
JAKARTA (Yosefardi) – Bank Indonesia’s board of governors decided to keep the benchmark BI rate at 7.25%. The central bank said it would optimize monetary policy mix to ensure a contained inflation pressure, stability of rupiah, and declining current...
by Editor | Oct 4, 2013 | Finance, Global Finance, News
JAKARTA (Yosefardi) – Asian stock markets opened mostly lower Friday (October 4th) to tracking corrections in Wall Street Thursday. Nikkei 225 drops 1% Friday morning, while KOSPI composite slipped 0.65%. Australia’s All Ordinaries down 0.46%, while...
