by Yohanes Obor | Mar 13, 2015 | Energy, News, Resources
JAKARTA (Yosefardi) – Government of Indonesia plans to change the function of state electricity company PT Perusahaan Listrik Negara (PLN) into a service company in next 5-10 years. Vice President Jusuf Kalla said PLN will focus in providing distribution network...
by Yohanes Obor | Mar 10, 2015 | Energy, News, Resources
LHOKSEUMAWE (Yosefardi) – The Upstream Oil and Gas Regulatory Body (SKK Migas) revealed that national oil production now reaches 790,000 barrels per day, lower than 794,250 barrels per day average produced during 2014, Detikfinance.com reported. Muliawan, SKK...
by Yohanes Obor | Mar 10, 2015 | Agriculture, News, Resources
JAKARTA (Yosefardi) – Timber compant PT Surya Dumai Tbk (SUDI) suffered loss attributable to owners of Rp20.5 billion in 2014, a 88% cut compared to Rp164 billion loss in 2013. The company made no revenue but posted operating cost of Rp11.87 billion. It also suffered...
by Yohanes Obor | Mar 5, 2015 | Energy, News, Resources
SINGAPORE (Yosefardi) – SGX-listed KrisEnergy Ltd, an independent upstream oil and gas company, recorded 2014 working interest production of 7,612 boepd (barrels oil equivalent per day, grew by 7.6% from 7,075 barrels in 2013. It booked revenue US$74.9mm in 2014 and...
by Yohanes Obor | Mar 5, 2015 | Energy, Featured, News, Resources
JAKARTA (Yosefardi) – State electricity company PT Perusahaan Listrik Negara (PLN) booked net profit of Rp11.7 trillion in 2014, against loss of Rp26.2 trillion in 2013. Operating profit grew by 11.9% to Rp45.8 trillion from previous Rp40.9 trillion. PLN also...
by Yohanes Obor | Mar 5, 2015 | Energy, Featured, News, Resources
NEW YORK (Yosefardi) – Exxon Mobil Corporation expects to start up 16 major oil and natural gas projects during the next three years and is on track to increase daily production to 4.3 million oil-equivalent barrels by 2017. Rex W. Tillerson, chairman and chief...
