by Yohanes Obor | Jan 20, 2015 | Energy, Featured, News, Resources
BALIKPAPAN (Yosefardi) – PT Magma Bio Energy Korea plans to build coal-fired power plant in the industrial estate and international port of Maloy, East Kalimantan, Bisnis.com reported. The said power plant aims to support the company’s project, to process...
by Yohanes Obor | Jan 13, 2015 | Energy, Featured, News, Resources
JAKARTA (Yosefardi) – Oil and gas company PT Medco Energi Internasional Tbk (MEDC) intends to acquire new oil and gas blocks in Oman, Middle East. MEDC has for 10 years made its exploration in Middle East. MEDC has acquired Block 56 in Oman and obtained...
by Yohanes Obor | Jan 13, 2015 | Energy, Featured, News, Resources
JAKARTA (Yosefardi) – State gas distributor PT Perusahaan Gas Negara (PGN) Tbk (PGAS) has this month commenced the gas distribution to industrial sector in Lampung, Sumatera this month. PGN had in mid 2014 signed gas sale and purchase with 14 large industrial...
by Yohanes Obor | Jan 13, 2015 | Energy, Featured, News, Resources
JAKARTA (Yosefardi) – State oil and gas company PT Pertamina expects the low grade gasoline price could be set lower at Rp7,000 per liter for next month, from current Rp7,600, on the expectation that global crude oil price will fall further to approach US$40 per...
by Yohanes Obor | Jan 12, 2015 | Energy, News, Resources
JAKARTA (Yosefardi) – PT Atlas Resources Tbk (ARII) said its unit, PT Hanson Energy, had in December 22, 2014 signed coal sales and purchase contract agreement with state utility PT Perusahaan Listrik Negara (PLN). Hanson Energy, under the agreement, will supply...
by Yohanes Obor | Jan 8, 2015 | Energy, News, Resources
JAKARTA (Yosefardi) – PT Bumi Resources Minerals Tbk (BRMS) suffered loss of US$141 million in first nine months ended September of 2014, widened from loss US$56.84 million in the same period of 2013. Revenue declined 14.5% to US$13.06 million from previous...
