by Yohanes Obor | Jul 1, 2014 | Energy, News, Resources
JAKARTA (Yosefardi) – Coal producer PT Berau Coal Energy Tbk (BRAU) targets to book revenues of US$1.4 billion this year, compared to US$1.42 billion last year, with coal prices expected to reach US$55-56 per ton. The company booked revenues of US$579 million as...
by Yohanes Obor | Jun 30, 2014 | Energy, News, Resources
JAKARTA (Yosefardi) – The government of Indonesia and China-based Fujian has made a deal on new gas prices from Tangguh, Papua. The new gas price will be implemented per July 1, 2014. Both parties have agreed to increase gas price to US$8 per million british...
by Yohanes Obor | Jun 30, 2014 | Mining, News, Resources
SYDNEY (Yosefardi) – ASX-listed Western Mining Network Limited (WMN) has entered into an underwriting agreement with Allignment Capital Pty Ltd in respect to the company’s listed option, providing with quaranteed funds of approximately $2.03 million. The...
by Yohanes Obor | Jun 30, 2014 | Energy, News, Resources
SINGAPORE (Yosefardi) – KrisEnergy Ltd., an independent upstream oil and gas company, announces that drilling operations have concluded at the Rojana-1 exploration commitment well in block G11/48 in the Gulf of Thailand. Rojana-1, which commenced drilling on 23...
by Yohanes Obor | Jun 30, 2014 | Mining, News, Resources
VANCOUVER (Yosefardi) – Barisan Gold Corporation has completed the sale of the Collins prospect as initially announced on March 4, 2013. Barisan Gold has received a cheque for 7,289,517,168 Indonesian rupiah (equivalent to approximately $650,000 Canadian...
by Haryanto Suharman | Jun 27, 2014 | Energy, News, Resources
JAKARTA (Yosefardi) – The Special Staff of President Susilo Bambang Yudhoyono (SBY) stated that the President will not take any strategic decision on the renegotiation over mineral mining and oil & gas contracts between the government (locally known as Kontrak...