Hernanda Hannanto A Subsidiary of GEMS Secures IDR 1 Trillion Credit Facility from LPEI ** Jakarta,- PT Borneo Indobara (BIB), an indirect subsidiary of PT Golden Energy Mines Tbk (GEMS), received a credit facility from the Indonesian Export Financing Institute (LPEI) with a loan limi... Jun 20, 2024 Coal
Hernanda Hannanto Petrosea Signs Term Sheet for Coal Mining Agreement in Central Kalimantan ** Jakarta,- PT Petrosea Tbk announced the signing of a term sheet for a coal mining services agreement worth around USD 230 million with PT Global Bara Mandiri, Wednesday (5/6). This 8-year contrac... Jun 12, 2024 Coal
Hernanda Hannanto NU Religious Organization Will Obtain Ex-Mining Concession from BUMI's Subsidiary ** Jakarta,- The news about granting mining permits to community organizations (ormas) continues to heat up. Most recently, the Minister of Investment or Head of the Investment Coordinating Board ... Jun 12, 2024 Coal
Hernanda Hannanto NU Gets 'Jokowi's Gift' of Coal Mine Allotment in East Kalimantan Ex Bakrie Jakarta,- Nahdlatul Ulama (NU) received a coal mine from the government. The Special Mining Business License Area (WIUPK) is obtained from areas with coal concessions with large reserves. “We will giv... Jun 9, 2024 Coal
Hernanda Hannanto OPEC+ reduces production, world crude oil prices 'boil' ** Jakarta,- Oil prices rose in Asian trade on Monday after OPEC+ extended production cuts until 2025, although speculation about a ceasefire in Gaza limited the increase. Based on Refinitiv, the wo... Jun 4, 2024 Oil
Hernanda Hannanto Aceh Coal Exports to India 31.05 Million USD ** Jakarta,- Aceh Province exported coal to India amounting to 31.05 million USD in April 2024. Followed by Thailand amounting to 11.22 million USD with the main commodity condensate. “Then, the thi... Jun 4, 2024 Coal
Hernanda Hannanto Coal Prices Revive on Good News from China & Europe ** Jakarta,- World benchmark coal prices closed back excited on Thursday trading (30/5/2024), amid the slowing of the United States (US) economy in the first quarter of 2024. While the increase in d... May 31, 2024 Coal
Hernanda Hannanto World Oil Prices Rise Ahead of OPEC+ Meeting ** Jakarta,- World oil prices rose on Tuesday trading local time (Wednesday WIB), ahead of the OPEC + meeting. As reported by Investing.com, Wednesday, May 29, 2024, the price of West Texas Intermed... May 29, 2024 Oil
Hernanda Hannanto Price Normalization Continues, PTBA Performance Predicted to Remain Depressed in 2024 ** Jakarta,- The performance of PT Bukit Asam Tbk (PTBA) is expected to remain under pressure this year. The continuing normalization of coal prices is the cause. OCBC Sekuritas Equity Analyst Devi ... May 29, 2024 Coal
Hernanda Hannanto Adaro Energy Distributes USD 400 Million Cash Dividend and Appoints New Director ** Jakarta,- PT Adaro Energy Indonesia Tbk (ADRO) held an annual general meeting of shareholders (AGMS) on May 15, 2024 which discussed the planned use of profits in 2023 and changes in the compositi... May 21, 2024 Coal
Hernanda Hannanto Maintaining Energy Security, PT Bukit Asam Optimizes Production ** Jakarta,- In order to secure national energy, PT Bukit Asam Tbk (PTBA) in 2024 has targeted coal production of 41.3 million tons. During January-March 2024, PTBA's total coal production reached 7.... May 21, 2024 Coal
Hernanda Hannanto Pertamina-Petronas Seeks New Oil Sources in Eastern RI ** Jakarta,-The Special Task Force for Upstream Oil and Gas Business Activities (SKK Migas) said Pertamina and Petronas are currently actively looking for new sources of oil and gas reserves through... May 19, 2024 Oil
