by Yohanes Obor | Jul 23, 2014 | Agriculture, News, Resources
JAKARTA (Yosefardi) – State plantation firm PT Perkebunan Nusantara (PTPN) reported loss of Rp303.51 billion in first half of this year, compared to loss of Rp1.72 billion in the same period of last year. Revenues dropped 43% to Rp377.08 billion first from previous...
by Yohanes Obor | Jul 22, 2014 | Energy, News, Resources
JAKARTA (Yosefardi) – PT Pamapersada, mining contracting unit of United Tractors, produced 59.9 million tons of coal in January-June 2014 period, grew by 19.56% from 50.1 million tons in the same period of 2013. Last month’s output reached 9.9 million, compared to...
by Yohanes Obor | Jul 18, 2014 | Mining, News, Resources
JAKARTA (Yosefardi) – The government of Indonesia mulls to terminate contract of Newmont Mining Corp for Batu Hijau mining and might appoint state miner PT Aneka Tambang Tbk (ANTM) to become operator of the mine. Newmont Mining Corp has appealed the government of...
by Yohanes Obor | Jul 17, 2014 | Mining, News, Resources
JAKARTA (Yosefardi) – State miner PT Aneka Tambang Tbk (ANTM) cuts its capital expenditure (capex) by 55% to Rp1.8 trillion for this year from initial plan Rp4 trillion as commodity prices has not recovered yet. For next year, ANTM sets capex of Rp1.2-1.5...
by Yohanes Obor | Jul 17, 2014 | Energy, News, Resources
TOKYO (Yosefardi) – Toshiba Corporation has been awarded a major contract to supply 3 x 60-megawatt geothermal steam turbines and generators (STG) for one of the world’s largest geothermal power plants, the Sarulla geothermal power plant project, which is now...
by Yohanes Obor | Jul 16, 2014 | Energy, News, Resources
HOUSTON (Yosefardi) – Swift Energy Company had Tuesday (July 15) closed its previously announced agreement with PT Saka Energi Indonesia to fully develop 8,300 acres of Fasken area Eagle Ford shale properties owned by Swift Energy in Webb County, Texas. Swift...
