by Yohanes Obor | Oct 23, 2015 | Energy, Featured, News, Resources
JAKARTA (Yosefardi) – State oil and gas company PT Pertamina booked net profit of US$914 billion in the first nine months to September of 2015, dropped 45% year on year. The company targets to book net profit of US$1.7 billion this year. The achievement in first...
by Yohanes Obor | Oct 2, 2015 | Energy, Featured, News, Resources
MUMBAI (Yosefardi) – Avantha Group Company CG has bagged an order from PT PLN for manufacture and supply of power transformers, valued at US$62 million (approx INR 410 crore). The scope of work includes design, manufacture, supply, construction and installation...
by Yohanes Obor | Sep 29, 2015 | Energy, Mining, News, Resources
JAKARTA (Yosefardi) – Giant coal miner PT Bumi Resources Tbk (BUMI) proposes new restructuring scheme for its US$3.98 billion debt. The debt is proposed to pay mostly by new senior secured facility, equity conversion, and mandatory convertible bonds. BUMI...
by Yohanes Obor | Sep 22, 2015 | Energy, News, Resources
SINGAPORE (Yosefardi) – KS Energy Limited, an integrated energy service hub, has on 21 September 2015 entered into a purchase agreement with TAEL One Partners Ltd, acting in its capacity as General Partner of The Asian Entrepreneur Legacy One, L.P. (the...
by Yohanes Obor | Sep 17, 2015 | Energy, News, Resources
JAKARTA (Yosefardi) – Coal producer PT Sekawan Intipratama Tbk (SIAP) plans to build 2 units of power plant with combined capatity of 130 megawatts (MW) and investment cost of US$125-145 million. That 2 power plants are a coal-fired power plant (PLTU) and...
by Yohanes Obor | Sep 15, 2015 | Energy, News, Resources
JAKARTA (Yosefardi) – Indonesian coal production fell 15.4% to 263 million tons in January-August 2015 period, from 311 million tons in the corresponding period of 2014. The fall is duo to the decline in demand. During this period, coal export only reached 211...
