by Yohanes Obor | Sep 14, 2015 | Energy, Featured, News, Resources
JAKARTA (Yosefardi) – PT Adaro Energy Tbk (ADRO), the second largest coal group in Indonesia, has Friday last week (Sept. 11) signed a strategic alliance with state oil and gas firm PT Pertamina. Pertamina will supply biosolar fuel and optimize fuel...
by Yohanes Obor | Sep 3, 2015 | Energy, News, Resources
NETHERLANDS (Yosefardi) – With three months to go before the start of the United Nations Climate Change Conference in Paris (COP 21), six banks have become the first to sign the Paris Pledge to avoid financing the coal industry, including coal mining and power,...
by Yohanes Obor | Sep 3, 2015 | Energy, Featured, News, Resources
JAKARTA (Yosefardi) – State oil and gas distributor PT Perusahaan Gas Negara (PGN) Tbk (PGAS) expects a further downturn on revenue in the second half due the expected prolong global economic slowdown. Hendi Prio Santoso, PGN’s president director, said...
by Bahrul Qamar | Sep 1, 2015 | Energy, News, Resources
JAKARTA (Yosefardi) – As coal business on its bearish, PT Dian Swastatika Sentosa Tbk (DSSA), unit of Sinar Mas Group, suffered loss of US$12.35 million in the first half of 2015, against US$9.28 million profit in the corresponding period of 2014. Revenues declined...
by Yohanes Obor | Aug 31, 2015 | Energy, News, Resources
JAKARTA (Yosefardi) – Coal company PT Mitrabara Adiperdana Tbk (MBAP) booked net profit of US$15.05 million in the first half of 2015, grew by 36% from US$11 million in the corresponding period of 2014. Net sales rose 40.6% to US$90.5 million from previous US$63.9...
by Yohanes Obor | Aug 28, 2015 | Energy, News, Resources
JAKARTA (Yosefardi) – Oil and gas services company PT Elnusa Tbk (ELSA) targets land seismic services worth US$20 million in Malaysia and India while domestic demand was declining. As the crude oil prices was falling, ELSA’s main customer, state oil and gas firm...
