by Yohanes Obor | Oct 29, 2014 | Energy, News, Resources
STOCKHOLM (Yosefardi) – Lundin Petroleum AB reported that the exploration drilling of the Gobi prospect in the Gurita PSC, Natuna Sea, Indonesia has been completed. Gobi-1 wildcat exploration well was drilled to a final depth of 2,373 meters below mean sea level...
by Yohanes Obor | Oct 27, 2014 | Energy, News, Resources
JAKARTA (Yosefardi) – PT Adaro Energy Tbk (ADRO) had accelerated the payment of US$800 milion bond debt in October 22, 2014, then it cuts interest payment of US$40 million per year. The company, throug its subsidiary PT Adaro Indonesia, had in August 25, 2014...
by Yohanes Obor | Oct 27, 2014 | Mining, News, Resources
JAKARTA (Yosefardi) – State tin producer plans to merge its subsidiary PT Timah Investasi Minerals TIM), engaging in coal mining and trading, with PT Timah Eksplomin (TE), engaging in nickel mining. TIM would be surviving entity. It has authorized capital of...
by Yohanes Obor | Oct 24, 2014 | Energy, News, Resources
CALGARY (Yosefardi) – Husky Energy delivered another steady performance in the third quarter, with its balanced growth and focused integration strategy contributing to predictable results. Net earnings were $571 million, up 11.5 percent from $512 million in the...
by Yohanes Obor | Oct 23, 2014 | Energy, News, Resources
TUBAN (Yosefardi) – State cement maker PT Semen Indonesia Tbk (SMGR) commences the construction of power generation with capacity of 30.6 megawatts (MW), used the waste gas from its Tuban I-IV plants. The project, waste heat recovery power generation (WHRPG),...
by Yohanes Obor | Oct 22, 2014 | Energy, News, Resources
JAKARTA (Yosefardi) – Ministry of Energy and Mineral Resources (ESDM) has Wednesday (October 22) launched new regulation regarding the biomass and biogas powerplant. This new regulation (Ministerial Decree) Number 27/2014, replacing the Ministrial Decree Number...
