by Yohanes Obor | Feb 9, 2015 | Featured, Mining, News, Resources
JAKARTA (Yosefardi) – State miner PT Aneka Tambang (Antam) Tbk (ANTM) today commences the commercial operation of Chemical Grade Alumina (CGA) plant, located in Tayan, West Kalimantan. This CGA plant is the first in Indonesia. Construction of the Tayan CGA plant...
by Yohanes Obor | Feb 9, 2015 | Agriculture, News, Resources
JAKARTA (Yosefardi) – PT Dharma Satya Nusantara Tbk (DSNG) plans to issue 168 million new shares or rights issue, representing 7.93% of its enlarged shares capital. The new shares will priced at around Rp4052 per share, then DSNG will potentially raise Rp680.73...
by Yohanes Obor | Feb 6, 2015 | Energy, News, Resources
JAKARTA (Yosefardi) – The Lower House of Reprsentatives (DPR) and the government of Indonesia have on Thursday (Feb 5) set the subsidy of Rp64.7 trillion for fuel and liquefied petroleum gas (LPG) for this year, lower than Rp81.8 trillion proposed by the...
by Yohanes Obor | Feb 5, 2015 | Energy, News, Resources
JAKARTA (Yosefardi) – Average price of Indonesian crude oil (ICP) in January 2015 was US$45.30 per barrel, dropped 24% from US$59.56 in previous December 2014. The decline was in line with declining crude oil price in international market due to increasing supply of...
by Yohanes Obor | Feb 4, 2015 | Mining, News, Resources
CALGARY (Yosefardi) – Pan Orient Energy Corp. continues to seek a partner in the Citarum PSC located onshore Java, Indonesia. While some progress had been made in late 2014 towards securing a farmout partner, the recent decline in oil prices has created greater...
by Yohanes Obor | Feb 4, 2015 | Energy, News, Resources
JACKSONVILLE (Yosefardi) – APR Energy, the global leader in large scale, fast-track power solutions, has signed 115MW of extensions on two of its power generation contracts in Indonesia, one of the world’s largest markets for distributed power and grid...