by Yohanes Obor | Aug 7, 2014 | Energy, News, Resources
JAKARTA (Yosefardi) – Coal miner PT Berau Coal Energy Tbk (BRAU) mulls to invest US$180 million on power plant project with capacity of 100 megawatts in Sumatra, a diversification option amid bearish coal industry. BRAU would acquire coal mining concession to...
by Yohanes Obor | Aug 6, 2014 | Energy, News, Resources
JAKARTA (Yosefardi) – PT Rukun Raharja Tbk (RAJA) booked net profit of US$3.35 million in first half of 2014, down 4.3% compared to US$3.5 million in the same period of 2013. Revenues increased 20% to US$87.8 million from previous US$73.18 million. But cost of...
by Yohanes Obor | Aug 6, 2014 | Energy, News, Resources
CALGARY (Yosefardi) – Fulucai Productions Ltd. has entered into an amended Memorandum of Understanding (MOU) with Blue Sky Langsa Ltd. (BSL). Under the terms of the amended MOU Fulucai will be replacing its proposed acquisition of 15% working interest in certain...
by Yohanes Obor | Aug 5, 2014 | Mining, News, Resources
JAKARTA (Yosefardi) – As the Finance Ministry has issued regulation number 153/PMK.011/2014 regarding customs exit for mineral ores export, Freeport Indonesia could resume export of its mineral ores on Wednesday (August 6). Freeport is allowed to resume mineral...
by Yohanes Obor | Aug 5, 2014 | Energy, News, Resources
JAKARTA (Yosefardi) – PT Tripatra Engineers & Contractors Indonesia, subsidiary of PT Indika Energy Tbk (INDY), allocates US$330 million for offshore gas project in Makassar straits. This project will cost US$1.1 billion. Triparta and consortium had in...
by Yohanes Obor | Aug 4, 2014 | Energy, News, Resources
JAKARTA (Yosefardi) – State electricity company PT Perusahaan Listrik Negara (PLN) booked net profit of Rp12.34 trillion in first half of this year, soared 158% from Rp4.77 trillion from the same period of last year. Operating revenues rose 25% to Rp145.1...
