by Yohanes Obor | Nov 17, 2015 | Energy, News, Resources
JAKARTA (Yosefardi) – PT Rukun Raharja Tbk (RAJA), one of few natural gas distribution companies in the country, allocates capital expenditure (capex) of US$40 million for 2016. The company will focus to complete gas supply projects in Tanjung Jabung Timur (compressed...
by Yohanes Obor | Nov 13, 2015 | Energy, News, Resources
CALGARY (Yosefardi) – Niko Resources Ltd has received approval from the Government of Indonesia for the sale of its subsidiary holding an interest in the North Ganal PSC for net cash consideration of $1.5 million after working capital adjustments. Closing of...
by Yohanes Obor | Nov 11, 2015 | Energy, News, Resources
JAKARTA (Yosefardi) – State gas distributor PT Perusahaan Gas Negara (PGN) Tbk (PGAS) booked net profit of US$306.32 million in first nine months to September of 2015, dropped 48% from US$591.80 million in the corresponding period of 2014. Revenues declined...
by Yohanes Obor | Nov 10, 2015 | Energy, News, Resources
JAKARTA (Yosefardi) – Coal producer PT Toba Bara Sejahtera Tbk (TOBA) targets its coal-fired power plant (PLTU) business to contribute 40% of total revenues. TOBA plans to build independent power producer (IPP) with capacity of 100 megawatts (MW) which costs...
by Yohanes Obor | Nov 10, 2015 | Energy, News, Resources
CALGARY (Yosefardi) – Husky Energy and its partners have achieved a significant milestone in advancing the Madura Strait BD gas-condensate field offshore Indonesia towards production. The jacket and wellhead platform for the liquids-rich gas development were...
by Yohanes Obor | Nov 5, 2015 | Energy, News, Resources
SINGAPORE (Yosefardi) – PT Indika Energy Tbk (INDY), through its whollyowned finance subsidiaries, Indo Energy Finance B.V. and Indo Energy Finance II B.V., had on 23 October 2015, with PT. Cirebon Energi Prasarana (CEPR), a special purpose company, entered into...
