by Yohanes Obor | Nov 4, 2015 | Energy, Resources
JAKARTA (Yosefardi) – PT Delta Dunia Makmur Tbk (DOID), through its primary operating subsidiary PT Bukit Makmur Mandiri Utama (BUMA), has signed a contract extension with PT Adaro Indonesia for four years until 2019. Adaro has been one of BUMA’s principal...
by Yohanes Obor | Nov 3, 2015 | Energy, News, Resources
KUTA (Yosefardi) – The government offers 3 blocks of shale gas and oil, raising signature bonus of US$3 million. The said blocks are located in Java area (one block) and Kalimantan (2 blocks). The offered Blora block in Java has 3000 square kilometers area, Batu...
by Bahrul Qamar | Oct 30, 2015 | Energy, News, Resources
JAKARTA (Yosefardi) – PT Elnusa Tbk (ELSA), oil and gas supporting services company, booked net profit of Rp230 billion in the first nine months to September of 2015 period, declined 20.8% from Rp288 billion in the corresponding period of 2014. Net profit margin...
by Yohanes Obor | Oct 29, 2015 | Energy, News, Resources
JAKARTA (Yosefardi) – State electricity firm PT Perusahaan Listrik Negara (PLN) suffered loss of Rp27.4 trillion in the third quarter of 2015, mainly due to foreign exchange (forex) loss of Rp45.7 trillion. While sales of electricity grew by 15.56% to Rp153.9...
by Yohanes Obor | Oct 28, 2015 | Energy, News, Resources
JAKARTA (Yosefardi) – PT Leyand International Tbk, primarily engaged in operating power plants, suffered loss of Rp58 billion in the first nine months to September of 2015, compared to loss Rp68.6 billion in the same period of 2014. Revenues declined 12% to...
by Yohanes Obor | Oct 26, 2015 | Energy, News, Resources
JAKARTA (Yosefardi) – State oil and gas company PT Pertamina allocates US$900 million to US$1 billion for acquiring oil and gas blocks in 2016. Pertamina targets to acquire one block overseas such as in Iran next year. Pertamina targets its oil production overseas to...
