Energi Mega Persada takes over all participating rights in Sengkang Block
15 Oct 2024 09:41
PT Energi Mega Persada Tbk (ENRG), Bakrie Group’s oil and gas company, has taken over all participating rights in Sengkang Block.
Medco Energi Internasional to distribute interim divind of IDR 15.75 per share
04 Oct 2024 14:58
PT Medco Energi Internasional Tbk (MEDC) is readying interim dividend distribution of USD 25.89 million or IDR 15.75 per share.
BREN to allocate USD 346 million for Star Energy Geothermal’s capacity raise
19 Sep 2024 09:54
Star Energy Geothermal (SEG), a subsidiary of PT Barito Renewables Energy Tbk (BREN), will channel investment worth USD 346 million in order to boost energy capacity in several geothermal plants.
Nev Stored Energy to set up tender offer for LABA’s shares
05 Sep 2024 09:01
PT Nev Stored Energy (NSE) will initiate a voluntary tender offer for the shares of PT Green Power Group Tbk (LABA), a steel manufacturer formerly called PT Ladangbaja Murni Tbk.
Ijen’s geothermal project by Medco Energy reported 93% completion
26 Aug 2024 13:07
PT Medco Energi Tbk (MEDC), an oil and gas company that slowly branches out to renewable energy sector, revealed that the construction project of Geothermal Power Plant of Ijen has reached 93% of target.
Reaching profitability, Alfa Energi bagged IDR 18.45 billion in H1 2024
06 Aug 2024 10:00
PT Alfa Energi Tbk (FIRE), a coal mining company, booked net profit of IDR 18.4 billion in the first half (H1) of 2024.
Medco Energi to divest in Area 47 Libya, transferring it to NOC
28 May 2024 09:05
PT Medco Energi Internasional Tbk (MEDC) has reportedly divested its shares in Area 47 contract located in Libya and transferred them to Libya National Oil Corporation (NOC).
Energi Mega Persada grants subsidiary a loan of USD 22.8 million
14 May 2024 07:23
PT Energi Mega Persada Tbk (ENRG) has channelled a loan facility to one of its subsidiaries, PT Pema Global Energi (PGE), worth a total of USD 22.8 million.
Weak coal industry, TEBE readies diversification
08 May 2024 14:03
PT Dana Brata Luhur Tbk (TEBE) recorded a significant decline in revenue in Q1 2024 by up to 42.3% year-on-year (yoy) due to slowing-down of coal industry.
DSNG secured profit of IDR 229 billion
30 Apr 2024 14:06
As of Q1 2024, PT Dharma Satya Nusantara Tbk (DSNG) managed to score IDR 229 billion of net profit, while sales clocked up to IDR 2.23 trillion.