by Yohanes Obor | Feb 20, 2015 | Mining, News, Resources
DENVER (Yosefardi) – Newmont Mining Corporation reported its attributable gold and copper production at Batu Hijau, Indonesia, jumped 276% and 51%, respectively, in fourth quarter of 2014. Newmont produced 21 thousand ounces of gold production and 15,100 pounds of...
by Yohanes Obor | Feb 13, 2015 | Energy, News, Resources
CALGARY (Yosefardi) – Husky Energy is advancing development work on four shallow water gas fields in the Madura Strait. A contract has been signed to build and lease an FPSO vessel to develop the liquids-rich BD field. Construction of a wellhead platform and...
by Yohanes Obor | Feb 12, 2015 | Mining, News, Resources
SYDNEY (Yosefardi) -Triangle Energy (Global) Limited and their joint venture partner, the Acehnese Government are pleased to announce they have been awarded the Pase Production Sharing Contract (PSC) extension. SKK Migas confirmed the PSC has been extended from 24th...
by Yohanes Obor | Feb 12, 2015 | Energy, News, Resources
SYDNEY (Yosefardi) – ASX-listed Talisman Energy Inc reported, for Indonesia, its production from ongoing operations averaged 72,000 boe/d during the fourth quarter of 2014, compared to 73,000 boe/d in both the previous quarter and the same period last year....
by Yohanes Obor | Feb 12, 2015 | Energy, News, Resources
JAKARTA (Yosefardi) – The Ministry of Energy and Mineral Resources (ESDM) urges state oil and gas company PT Pertamina to submit its proposal for taking over Mahakam block in East Kalimatan. Naryanto Wagimin, ESDM oil and gas upstream director, warns that ESDM...
by Yohanes Obor | Feb 12, 2015 | Energy, News, Resources
JAKARTA (Yosefardi) – Oil and gas company PT Medco Energi Internasional Tbk (MEDC) allocates capital expenditure (capex) of US$250 million for this year, a 24.2% decline compared to US$330 million capex last year, as the company focuses on cost efficiency amid...