by Yohanes Obor | Feb 4, 2015 | Energy, News, Resources
JAKARTA (Yosefardi) – Green energy solutions company Cascadiant Energy has expanded its Agreement with Badan Pengkajian dan Penerapan Teknologi (BPPT), the Indonesian Agency For the Assessment and Application of Technology. Cascadiant and BPPT have deployed the...
by Yohanes Obor | Feb 3, 2015 | Mining, News, Resources
JAKARTA (Yosefardi) – State tin producer PT Timah Tbk (TINS) mulls to seek loan of Rp440-660 billion for funding its capital expenditure (capex) of Rp1.1 trillion for this year. Bank loan will cover 40-60% of total capex. Timah has earlier funded its capex by its...
by Haryanto Suharman | Jan 30, 2015 | Mining, News, Resources
JAKARTA (Yosefardi) – After a meeting with President Joko “Jokowi” Widodo at the State Palace on Thursday (Jan. 29), Papua Governor Lukas Enembe sent an ultimatum to Freeport to build smelter in Papua, or instead getting out of the province. Lukas, who is also...
by Yohanes Obor | Jan 29, 2015 | Energy, News, Resources
JAKARTA (Yosefardi) – State oil and gas company PT Pertamina decided to cut its investment for upstream business by US$4 billion as the crude oil price has dropped to below US$50 per barrel. Dwi Soetjipto, Pertamina’s president director, told reporters on...
by Yohanes Obor | Jan 29, 2015 | Agriculture, Featured, News, Resources
JAKARTA (Yosefardi) – PT Astra Agro Lestari Tbk (AALI) produced 1.74 million tons crude palm oil (CPO) in 2014, grew by 13.3% from 1.54 million tons in 2013. AALI’s FFB production rose 8.6% to 5.56 million tons. FFB production from from Kalimantan area increased...
by Yohanes Obor | Jan 28, 2015 | Energy, News, Resources
SINGAPORE (Yosefardi) – KrisEnergy Ltd, an independent upstream oil and gas company, said that a 300 km 2D seismic acquisition program has commenced recording in the Udan Emas production sharing contract (PSC) onshore West Papua. The data acquisition program,...