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TAMBANG 05 Mei 2014 | 08.44
India-based Company to Complete Jambi Mine Acquisition
NMDC, an India-based iron ore and other minerals mining company, has almost completed its due diligence for a coal mine owned by Shree Renukar Sugar, an Indian business group located in Jambi. The coal from the mine would be used by NMDC for trading purposes.
TAMBANG 05 Mei 2014 | 08.42
Mentawai Oil & Gas Exploration Boosted with Governorís Support
Jakarta - TAMBANG. Through a Governorís Decree No. P.241/XXVII/2014 signed on 22 April 2014, the Governor of the Bengkulu province established a Supporting Team for Deep-Sea Oil and Gas Exploration in Bengkulu Province. As many as 22 agencies would be involved in supporting the Migas Special Task Force (SKK Migas) Ė Total E&P Indonesia Mentawai B.V.initiating exploration activities by end of June.
TAMBANG 21 April 2014 | 05.05
Petrosea Rely on Oil and Gas amid Sluggish Mining Industry
Jakarta - TAMBANG. The sluggish coal market due to lack of price improvement has not caused PT. Petrosea, Tbk., a subsidiary of PT. Indika Energy, lower its business acceleration. The companyís management has been looking for other ways to stabilize its balance sheet. Eddy Junaidi Janu, Director of Petrosea, admitted that his company has currently been working on two major projects outside of coal mining.
TAMBANG 21 April 2014 | 05.04
Out of Taxi Business, Start Anew in Coal Industry
Jakarta - TAMBANG. To focus more on coal business, PT. Centris Multipersada Pratama Tbk., (Centris) will let go of its ownership in some taxi transportation services. The profits gained will be used to fund its involvement in coal shipment services.
TAMBANG 21 April 2014 | 05.03
Minister Furious Over Electricity Price Row
Jakarta - TAMBANG. Being under the same auspices of the Ministry for State Owned Enterprises does not necessarily mean PT. Pertamina (Persero) and PT. PLN (Persero) always complement to each otherís wishes. The two companies have been involved in a row concerning a geothermal project worth Rp. 25 trillion, resulting in its delayed start. Dahlan Iskan, Minister for SOEs, has inevitably become infuriated.