by Yohanes Obor | May 22, 2015 | Energy, News, Resources
JAKARTA (Yosefardi) – Five gas sales and purchase contracts have been signed on Friday (May 22) in the sideline of the 2015 Indonesia Petroleum Association (IPA) conference. The contracts would contribute US$2.26 billion or Rp29.5 trillion to the state. That 5...
by Yohanes Obor | May 22, 2015 | Energy, News, Resources
JAKARTA (Yosefardi) – State oil and gas company PT Pertamina, through its unit PT Pertamina Hulu Energi, has Friday (May 22) signed production sharing contract (PSC) contracts for 3 oil and gas blocks; Block Abar, Block Anggursi, and one non conventional block...
by Yohanes Obor | May 20, 2015 | Energy, News, Resources
JAKARTA (Yosefardi) – Medco Energi Global Pte Ltd (MEG), unit of PT Medco Energi Internasional Tbk (MEDC) has established S$500 million multicurrency medium term note (MTN) program with DBS Bank Ltd, Australia and New Zealand Banking Corporation Limited, and...
by Yohanes Obor | May 20, 2015 | Agriculture, News, Resources
DEERFIELD (Yosefardi) – Mondelez International, the world’s largest chocolate company, announced on Tuesday (May 19) its $400 million Cocoa Life program is fully operational in Indonesia, the world’s third largest cocoa origin and the biggest cocoa...
by Yohanes Obor | May 15, 2015 | Energy, News, Resources
JAKARTA (Yosefardi) – Government of Indonesia decided to liquidate Pertamina Energy Trading Ltd (Petral) and its subsidiaries and assures that the governance for oil and gas, mainly the supply concern, would improve. Petral’s subsidiaries are Pertamina...
by Yohanes Obor | May 13, 2015 | Energy, News, Resources
JAKARTA (Yosefardi) – State oil and gas company PT Pertamina has today signed agreement with coal miner PT Adaro Energy Tbk (ADRO), under which Pertamina will utilize Adaro’s storage for Pertamina’s fuel. The contract will run for 10 years. Pertamina...
