by Yohanes Obor | Jan 25, 2016 | Energy, News, Resources
HONG KONG (Yosefardi) – China Coal Energy Company Limited expects to suffer net loss attributable to shareholders of approximately RMB2,300 million to RMB2,800 million for the year ended 31 December 2015. The Board of company considers that the expected...
by Yohanes Obor | Jan 21, 2016 | Energy, News, Resources
GENEVA (Yosefardi) – World Economic Forum (WEF) reported that industry estimates show non-OECD countries will have to double their investments in electricity by 2040 to keep pace with demand. WEF offers solutions to improve investment attractiveness of the power...
by Yohanes Obor | Jan 13, 2016 | Energy, News, Resources
JAKARTA (Yosefardi) – PT ABM Investama Tbk (ABMM), through its unit PT Sumberdaya Sewatama, targets to build mini-hydro power plant with capacity of 50 megawatts (MW) within next 5 years. The company allocates US$100-150 million for this renewable project. This...
by Yohanes Obor | Jan 13, 2016 | Energy, News, Resources
JAKARTA (Yosefardi) – Sinar Mas Group targets to get power plant project with capacity of 1,100 megawatts (MW) with investment cost of US$1.3-1.65 billion. Currently Sinar Mas Group is building some coal-fired power plants with total capacity of 600 MW. It has...
by Yohanes Obor | Dec 21, 2015 | Energy, News, Resources
JAKARTA (Yosefardi) – State oil and gas firm PT Pertamina plans to seek loan of up to US$4.2 billion for funding its capital expenditure (capex) next year, Investor Daily reported this morning. Pertamina allocates capex of US$6-7 billion for 2016. It plans to...
by Yohanes Obor | Dec 11, 2015 | Energy, News, Resources
JAKARTA (Yosefardi) – State oil and gas firm PT Pertamina allocates Rp340.8 trillion or US$30 billion for investment in crude oil production until 2025. Currently, Pertamina only produces 24% of total national crude oil production. The upstream oil and gas...