by Yohanes Obor | Aug 12, 2015 | Energy, Featured, News, Resources
JAKARTA (Yosefardi) – State electricity firm PT Perusahaan Listrik Negara (PLN) is set to add 40 power plants units in Kalimantan with total capacity of 2852 megawatts (MW) which costs US$4 billion. PLN will invite partners to involve in the project under the...
by Yohanes Obor | Aug 7, 2015 | Energy, News, Resources
HONG KONG (Yosefardi) – Mirach Energy Limited plans to reopen up to 29 old wells in Kampung Minyak (KM) oil field in 2015. Some of the old wells will only involve simple reactivation work, while others may require workover. As at 30 June 2015, a total of 15...
by Yohanes Obor | Aug 6, 2015 | Energy, News, Resources
JAKARTA (Yosefardi) – State coal producer PT Tambang Batubara Bukit Asam Tbk (PTBA) allocates US$2.1 billion for investment until 2017, to fund the coal expansion and power plant project. The company sets capital expenditure (capex) of US$500-600 million for...
by Yohanes Obor | Jul 30, 2015 | Energy, News, Resources
JAKARTA (Yosefardi) – Coal company PT Mitrabara Adiperdana Tbk (MBAP) partnered with its affiliation PT Global Trans Energy International on coal transportation. Under the cooperation agreement signed in July 19, 2015, Global Trans Energy International (GTEI)...
by Yohanes Obor | Jul 28, 2015 | Energy, News, Resources
JAKARTA (Yosefardi) – State-owned electricity company PT Perusahaan Listrik Negara (PLN) suffered net loss of Rp10.5 trillion in the first half of 2015, against profit of Rp14.49 trillion in the corresponding period of 2014. Revenues from electricity sales increased...
by Yohanes Obor | Jul 13, 2015 | Energy, News, Resources
JAKARTA (Yosefardi) – As the economy is slowing down, state gas distributor PT Perusahaan Gas Negara (PGN) Tbk (PGAS) expects lower profit growth in the first half of this year, as reflected on its achievement in the first quarter of this year. PGN booked net...
