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BSM Q1 Profit Jumps 42.87%

BSM Q1 Profit Jumps 42.87%  

JAKARTA, Indonesia Today - PT Bank Syariah Mandiri (BSM) posted net profit of Rp192.72 billion in the first quarter (Q1)…

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Oil Stays Below $92, Coal Shares Lost Steam

Oil Stays Below $92, Coal Shares Lost Steam 

JAKARTA, Indonesia Today - Coal-related shares retreated in the region this morning, after substantial rebound on Tuesday, as Nymex crude…

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CPO Slips, Dragging Down Plantation Shares

CPO Slips, Dragging Down Plantation Shares 

JAKARTA, Indonesia Today - Plantation shares slip again in the region this morning to tracking the downfall of crude palm…

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Royal Oak Seeking Rp500 Billion Loan

Royal Oak Seeking Rp500 Billion Loan 

JAKARTA, Indonesia Today - PT Royal Oak Development Asia Tbk (RODA) is now seeking bank loan amounting Rp500 billion for…

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Banyu Urip Field Starts Oil Production in May 2014

Banyu Urip Field Starts Oil Production in May 2014 

JAKARTA, Indonesia Today - The Upstream Oil and Gas Regulatory Body (BPMIGAS) is confident that Banyu Urip project in the…

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ENRG's Tonga Block Commences Oil Production

ENRG's Tonga Block Commences Oil Production  

JAKARTA, Indonesia Today - Tonga block PSC, controlled by Energi Mega Persada (ENRG), has commenced oil production at capacity of…

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Energi Mineral Langgeng Urged to Stop Exploration in Tanjung Village

Energi Mineral Langgeng Urged to Stop Exploration in Tanjung Village 

SUMENEP, Indonesia Today - Hundreds of Sumenep residents, East Java force PT Energi Mineral Langgeng (EML) to stop its exploration…

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State Officers Likely to Welcome Lady Gaga, FPI Threaten to Dissolve Concert

State Officers Likely to Welcome Lady Gaga, FPI Threaten to Dissolve Concert 

JAKARTA, Indonesia Today – State Officers are likelihood to welcome international superstar Lady Gaga to perform at Gelora Bung Karno…

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First Lady Downplays Ideas to Be 2014 President Candidate

First Lady Downplays Ideas to Be 2014 President Candidate 

JAKARTA, Indonesia Today – First Lady Ani Yudhoyono plays down the ideas of her presidential candidacy in 2014 Election currently…

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Multipolar Expands in Direct Broadcast Satellite Business

Multipolar Expands in Direct Broadcast Satellite Business 

JAKARTA, Indonesia Today - PT Multipolar Tbk has acquired 85% shares of PT Tecnoves International as part of its expansion…

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Delta Dunia Coal Output Down 2%

Delta Dunia Coal Output Down 2% 

JAKARTA, Indonesia Today - PT Bukit Makmur Mandiri Utama (BUMA), mining contractor unit of PT Delta Dunia Makmur Tbk (DOID),…

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UNTR Coal Sales Jumps 37%

UNTR Coal Sales Jumps 37% 

JAKARTA, Indonesia Today - PT United Tractors Tbk (UNTR)’s coal sales in the first four months of 2012 jumped 37.3%…

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Latest News

Bank Papua Q1 Profit Rp101.79 Billion

JAKARTA, Indonesia Today - PT Bank Pembangunan Daerah Papua (Bank Papua) booked profit after tax of Rp101.79 billion in the ...

Banking | Wednesday, 23 May 2012

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Naga Selatan-1 Drilling Reaches 84% Total Depth

MELBOURNE, Indonesia Today - Cue Energy Resources Ltd says the drilling in the Naga Selatan-1, East Kalimantan well has reached 84...

Energy | Wednesday, 23 May 2012

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SGX offers MSCI Indonesia Futures from 11 June

SINGAPORE, Indonesia Today - Singapore Exchange’s (SGX) MSCI Indonesia Index Futures will begin trading from 11 June ...

Stocks | Tuesday, 22 May 2012

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Bank Permata Sets Bond Coupon at 8.5-9.5%

JAKARTA, Indonesia Today - PT Bank Permata Tbk (BNLI) has set indicative coupon of between 8.50% to 9.50% for its ...

Bonds | Tuesday, 22 May 2012

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Three Trucks of PTPN II Burnt Down Following Clash with Local People

DELI SERDANG,  Indonesia Today - Local people have burnt down three unit trucks of State plantation company PT Perkebunan Nusantara ...

Dispute | Tuesday, 22 May 2012

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Multipolar Controls 10.59% Stake in Bank Nobu

JAKARTA, Indonesia Today - Lippo Group’s service and trading company, PT Multipolar Tbk (MLPL) invests Rp43.73 billion in PT Nationalnobu ...

Banking | Tuesday, 22 May 2012

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IDX Gains 1.19% on Regional and Wall Street Rebounds

JAKARTA, Indonesia Today - Composite index of the Indonesia Stock Exchange (IDX) gained 1.19% to 3,986.90 this morning following the re...

Stocks | Tuesday, 22 May 2012

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Fitch Affirms Bank Riau Kepri at 'A(idn)'

JAKARTA, Indonesia Today - Fitch Ratings has affirmed PT Bank Pembangunan Daerah Riau Kepri's (Bank Riau Kepri) National Long-Term Rating at...

Banking | Monday, 21 May 2012

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Fitch Upgrades BPD Maluku to 'A(idn)'

JAKARTA, Indonesia Today - Fitch Ratings has today upgraded PT Bank Pembangunan Daerah Maluku's (Bank Maluku) National Long-Term Rating and se...

Banking | Monday, 21 May 2012

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Astra Sedaya Financing Likely to Go Up to $200 Million

JAKARTA, Indonesia Today - The US$120 million three-year term loan for Astra Sedaya Finance is oversubscribed and may be increased to...

Banking | Monday, 21 May 2012

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Templeton's Investment in Indonesia Declines to 5% in April

FLORIDA, Indonesia Today - Templeton Global Income Fund invested 5% of its total net assets in Indonesia as of April 30...

Stocks | Monday, 21 May 2012

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Pratt & Whitney Canada Signs 5-Year Service Agreement with Pacific Royale Airways

MINNESOTA, Indonesia Today - Pratt & Whitney Canada SEA (P&WC SEA), located in Singapore, has signed a five-year Maintenance, Repair an...

Transportation | Monday, 21 May 2012

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Nomura Research Establishes Representative Office in Jakarta

TOKYO, Indonesia Today - Nomura Research Institute Ltd. (NRI), a leading provider of consulting services and system solutions, today announces th...

Internet | Monday, 21 May 2012

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Omedia Again Extends Megapower Acquisition

KUALA LUMPUR, Indonesia Today - Oriented Media Group Berhad (Omedia) extends its proposed acquisition of 85% equity interest in PT Me...

Energy | Monday, 21 May 2012

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Interra's Goldpetrol Commences Drilling in Myanmar

SINGAPORE, Indonesia Today - Interra Resources Limited, a company controlled by Indonesian tycoon Edwin Soeryadjaya, announces today that its jointly co...

Energy | Monday, 21 May 2012

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JSW Steel Production Grows 10% in April

SINGAPORE, Indonesia Today - JSW Steel Limited reported monthly crude steel production of 7.15 lacs tons for April 2012, with a ...

Steel | Monday, 21 May 2012

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Tunas Ridean to Acquire Izusu Distributor

JAKARTA, Indonesia Today - Car distributor and dealer PT Tunas Ridean Tbk (TURI) and its unit PT Tunas Mobilindo Parama pl...

Automotive | Monday, 21 May 2012

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Surya Toto to Build Sanitary Factory This Year

JAKARTA, Indonesia Today - Sanitary and plumbing company PT Surya Toto Indonesia Tbk (TOTO) intends to build new sanitary factory in...

Stocks | Monday, 21 May 2012

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Zebra NUsantara to Acquire CNG Distributor

  JAKARTA, Indonesia Today - Transportation company PT Zebra Nusantara Tbk (ZBRA) plans to acquire a company, distributor of compressed natural gas...

Transportation | Monday, 21 May 2012

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Mother of Hidayat Nur Wahid Passes Away

JAKARTA, Indonesia Today – Siti Rahayu, mother of Hidayat Nur Wahid, Jakarta governor candidate from the Prosperous Justice Party (PKS), ha...

People | Monday, 21 May 2012

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Bank Riau Kepri Books Rp64 Billion Profit in Q1

JAKARTA, Indonesia Today - Regional development bank PT Bank Riau Kepri reported profit after tax of Rp63.89 billion in the fi...

Banking | Monday, 21 May 2012

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Bank Sulselbar Books Rp68 Billion Profit in Q1

JAKARTA, Indonesia Today - Regional development bank PT Bank Sulawesi Selatan dan Barat (Sulselbar), formerly PT Bank Sulsel, posted consolidated pr...

Banking | Monday, 21 May 2012

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BCA Targets Rp4 Trillion Loan for Infrastructure

JAKARTA, Indonesia Today - PT Bank Central Asia (BCA) Tbk (BBCA) targets to loan Rp3-4 trillion for infrastructure sector in ...

Banking | Sunday, 20 May 2012

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BI Rules on Rewards Restriction and Individual Ownership in Banks

JAKARTA, Indonesia Today - Central bank Bank Indonesia (BI) releases policy direction for conventional banking this year, including the restriction ...

Banking | Sunday, 20 May 2012

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Latest News:

Resources

Origin Energy Limited, Australia's leading integrated energy company, announced today that its subsidiary Origin Energy Developments Pty Ltd has signed a new contract for the sale of gas in the Perth Basin to a subsidiary of AWE Limited.

 

The gas will be onsold to the Western Australia energy retailer Synergy. The contract has been made possible by recent gas discoveries in the Redback area of the Perth Basin, together with existing gas reserves in local fields.

The gas sales will commence during August and will be for a period in excess of five years. Under the agreement Origin will sell up to 25 petajoules of gas
subject to the confirming of gas reserves by November 2010

 


More articles :

» Triangle Energy Issues Notes to StanChart for Aceh Project

Theindonesiatoday.com - Triangle Energy Ltd has agreed to issue Convertible Unsecured Notes to Standard Chartered Private Equity (Singapore) Ltd totaling US$10 million to be used for its Aceh Project.

» Vanderlande Awarded Two Baggage Handling System Contracts in Indonesia

JAKARTA, Indonesia Today - Vanderlande Industries have been awarded contracts for baggage handling system for Sepinggan and Kuala Namu Airports in Indonesia.

» Vying for Mid-Tier Coal Player in Indonesia, Exalt Appoints Barry Tudor

SYDNEY, Indonesia Today - Exalt Resources Ltd appoints Barry Tudor as CEO and Managing Director to lead the company as a mid-tier Indonesian coal producer.

» Agung Podomoro Sets Rp3 Trillion Capex for 2012

Theindonesiatoday.com - Property giant PT Agung Podomoro Land Tbk (APLN) allocates capital expenditure (capex) of Rp3 trillion for 2012, Investor Daily reported this morning.

» CPO Contracts Slightly Gain, Plantation Stocks Extend Fall

Theindonesiatoday.com - CPO futures price slightly gained this morning. The benchmark July contract were settled at RM3,268 per ton, up RM3 from previous settlement. While August contact was settled at RM3,256 per ton.

» Malacca Strait Produces Additional 1,924 Barrel Oil

Theindonesiatoday.com - Oil and gas company PT Energi Mega Persada Tbk (ENRG) produces additional 1,924 barrel oil per day (bpd) at Malacca Strait blog, thanks to the by-passed oil production of offshore well (MD-03), part of Mengkapan oil field....

» Panax Mulls Capital Raising Initiatives for Indonesian Geothermal Projects

SYDNEY, Indonesia Today - Panax Geothermal, partner of Bakrie Group, is currently advancing a number of capital raising initiatives in regard to its portfolio of projects in Indonesia.

» CPO Rebounds, Plantation Stocks Still in Red

KUALA LUMPUR, Indonesia Today - Crude palm oil (CPO) rebounds slightly to RM3170 per ton Tuesday after dropping as much as RM125 per ton Monday.

» Energi Mega to Raise Rp747 Billion via Rights Issue

JAKARTA, Indonesia Today - Oil and gas company PT Energi Mega Persada Tbk (ENRG), controlled by Bakrie Group, targets to raise US$83 million, equivalent Rp747 billion, or Rp185 per share, via issuing 4.05 billion new shares, representing 10% of...

» Cockatoo Coal Resources Jumps 288%

SYDNEY, Indonesia Today - Cockatoo Coal Limited, where Indonesian Harum Energy (HRUM) is a minority shareholder, reported 288% jump of JORC compliant coal resources at Hume Project to 446 million tons. 

» Pertamina Officially Asks for 51% Mahakam Block by 2017

Theindonesiatoday.com - State oil and gas company PT Pertamina has officially submitted a letter to government asking for 51% participating interest in the lucrative Mahakam block by 2017, national newspapers reported.

» ENI Expects Start-Up of Jangkrik & Jau Projects in 2016

JAKARTA, Indonesia Today - Italian oil and gas giant ENI Spa expects both Jangkrik and Jau projects to commence operation in 2016.

» Garuda Gets US$55 Million Loan

Theindonesiatoday.com - Flag carrier PT Garuda Indonesia (GIAA) Tbk has on June 24 signed a US$55 million facility with domestic and international lenders.

» Bracken Secures Mining Licenses for Manganese in NTT

QUEENSLAND, Indonesia Today - Australian-based mining company, Bracken International Mining (BIM), claims to have secured the operating mining licenses for six high-grade Manganese mines in East Nusa Tenggara (NTT).

» KPB Sold 11 CPO Packages at Lower Price

Theindonesiatoday.com - KPB Nusantara, the joint marketing office of state plantations, sold 11 of 19 CPO packages (25,250 tons) auctioned off Friday (Dec 9) at Rp7,925-8,075 per Kg (VAT 10% included).

 

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