Hernanda Hannanto Golden Energy (GEMS) Subsidiary Secured up to USD 7.5 Million Loan ** Jakarta,- Two subsidiaries of PT Golden Energy Mines Tbk (GEMS), namely PT Borneo Indobara and PT Barasentosa Lestari, obtained loans from Indonesia Eximbank / Indonesian Export Financing Agency... Feb 27, 2024 Coal
Hernanda Hannanto ITMG's profit plummets 58%, company warns of coal price risk ** Jakarta,- Coal issuer PT Indo Tambangraya Megah Tbk (ITMG) experienced a 58.30% decline in net profit throughout 2023. Referring to its financial statements, the company's profit as of Decembe... Feb 22, 2024 Coal
Hernanda Hannanto Government Releases Coal Price Reference for February 2024 ** Jakarta,- The government, through the Ministry of Energy and Mineral Resources (MEMR), has set the coal price reference for the February 2024 period. As stated in the Decree of the Minister of E... Feb 22, 2024 Coal
Hernanda Hannanto LEGAL! PETRONAS WINS OIL AND GAS BLOCK AUCTION IN PAPUA, HERE'S HOW MUCH IT WILL PRODUCE ** Jakarta,- The Ministry of Energy and Mineral Resources (ESDM) announced the winner of the bidding auction for oil and gas Working Area (WK) Phase III Year 2023 for WK Bobara, West Papua. Th... Feb 20, 2024 Oil
Hernanda Hannanto UP 3.2%, MINISTRY OF ENERGY AND MINERAL RESOURCES TARGETS DOMESTIC COAL DMO OF 220 MILLION TONS IN 2024 ** Jakarta,- The Ministry of Energy and Mineral Resources (ESDM) stated that the target of coal supply obligations for domestic or Domestic Market Obligation (DMO) in 2024 is greater than last year.... Feb 18, 2024 Coal
Hernanda Hannanto BPS: Coal Exports Contracted 19.68% in Early 2024 ** Jakarta,- The Central Statistics Agency (BPS) said the value of coal exports reached US$ 2.41 billion in January 2024. This figure fell 19.68% from the position in December 2023, while when compa... Feb 16, 2024 Coal
Hernanda Hannanto Legal! 9 Companies Get New Gold, Coal and Nickel Mines ** Jakarta,- The Ministry of Energy and Mineral Resources (ESDM) announced the winners of the auction of nine Metal Mineral and Coal Mining Business License Areas (WIUP) in Indonesia. The Minister... Feb 15, 2024 Coal
Hernanda Hannanto Abundant Stockpiles, World Oil Prices Slump ** Jakarta,- World crude oil prices strengthened limited after a US industry group reported crude oil stockpiles rose more than expected last week and as investors curbed expectations of an interes... Feb 14, 2024 Oil
Hernanda Hannanto Vale (INCO) to Speed Up Morowali Project ** Jakarta,- PT Vale Indonesia Tbk (IDX: INCO) will accelerate the progress of its growth projects on schedule, within budget, and following the approved scope. INCO President Director Febriany Ed... Feb 14, 2024 Coal
Hernanda Hannanto Bayan Expects Demand for Indonesian Coal to Remain Strong in 2024 ** Jakarta,- PT Bayan Resources Tbk (BYAN) continues to maintain positive performance amid fluctuations in global coal prices that occurred throughout 2023. Bayan Resources Director Alexander Ery W... Feb 11, 2024 Coal
Hernanda Hannanto Pertamina, ENI & Petronas Explore Oil and Gas Blocks in Africa and America ** Jakarta,- PT Pertamina Hulu Energi (PHE) is collaborating with Italian oil and gas company ENI and Malaysian Petronas to explore potential oil and gas blocks in Africa and South America. PHE E... Feb 6, 2024 Oil
Hernanda Hannanto Italian Oil and Gas Giant's Jumbo Project to Invest Rp 250 T in Indonesia ** Jakarta,- Italian oil and gas giant ENI will invest US$ 16 billion or around Rp 250.4 trillion (assuming an exchange rate of Rp 15,650 per US$) in Indonesia. The investment plan is intended to ... Feb 6, 2024 Oil
