SGER’s hydrogen peroxide plant of USD 50 million to enter construction stage
05 Mar 2024 14:10
The construction of hydrogen peroxide plant owned by PT Sumber Global Energy Tbk (SGER) has reportedly entered the construction stage.
Pertamina Geothermal Energy to carry out MESOP worth IDR 163.3 billion
28 Feb 2024 09:24
PT Pertamina Geothermal Energy Tbk (PGEO), a subsidiary of PT Pertamina (Persero) engages in the geothermal power plant business, will initiate its Management and Employee Stock Option Program (MESOP) Phase I worth IDR 163.3 billion.
Revenue slowing down, Golden Eagle Energy’s profit slipped 32.5%
28 Feb 2024 07:29
PT Golden Eagle Energy Tbk (SMMT), a coal mining company under Geo Energy Resources from Singapore, recorded net profit of IDR 244.44 billion throughout 2023.
GEMS’s subsidiary to secure facility of USD 7.5 million from Eximbank
21 Feb 2024 14:58
PT Borneo Indobara (BIB) and PT Barasentosa Lestari (BSL), 2 subsidiaries owned by PT Golden Energy Mines Tbk (GEMS), has obtained a financing facility from Indonesia Eximbank of total USD 7.5 million.
Arkora Hydro to put in investment of IDR 2.5 billion to new subsidiary
16 Feb 2024 10:57
PT Arkora Hydro Tbk (ARKO), a renewable energy company established circa 2020, has invested IDR 2.5 billion to form a new subsidiary called PT Arkora Energi Mandiri (AEM).
OASA to form a new subsidiary, putting in IDR 2.7 billion of investment
01 Feb 2024 08:50
PT Maharaksa Biru Energi Tbk (OASA) has reportedly established a new subsidiary in late January (29/1).
Harum Energy spent USD 215.22 million for nickel smelter acquisition
30 Jan 2024 08:49
PT Harum Energy Tbk (HRUM), a coal mining company owned by the magnate, Kiki Barki, has acquired shares of a nickel processing and refinery company, PT Westrong Metal Industry (WMI).
Medco Energi to issue IDR 1.5 trillion of bonds for refinancing
19 Jan 2024 11:33
PT Medco Energi Internasional Tbk (MEDC) will issue Shelf-Registration Bonds V Phase II Year 2024 with total principal worth IDR 1.5 trillion.
Investment in energy and mineral resources sector exceeds US$30.3 billion in 2023
17 Jan 2024 20:14
The investment value originating from the Energy and Mineral Resources (ESDM) sector throughout 2023 reached US$30.3 billion, according to data from the Ministry of Energy and Mineral Resources.
Sumber Mineral Global Abadi issues 1.75 billion shares in IPO
08 Jan 2024 10:50
PT Sumber Mineral Global Abadi Tbk (SMGA), a nickel ore and coal trading company, will begin its initial public offering (IPO) by issuing 1.75 billion shares in Indonesia Stock Exchange (IDX).
