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).
Lowering operational costs, Tunas Alfin to use solar panel in factory
12 Dec 2023 10:04
PT Tunas Alfin Tbk (TALF), a packaging and container manufacturer, attempts to lower down its operational costs by utilising power generated by solar panels installed at the roof of a factory.
Barito Renewables readies Sidrap Wind takeover from OMI
08 Dec 2023 17:10
PT Barito Renewables Energy Tbk (BREN), through one of its subsidiaries, PT Barito Wind Energy (BWE), has reached in-principle agreement with UPC Renewables Asia Pacific Holdings Pte. Ltd. and ACEN Renewables International Pte. Ltd. to acquire 100% of PT UPC Sidrap Bayu Energy (Sidrap).
Medco Energi acquires 20% of two oil and gas blocks in Oman
29 Nov 2023 14:38
PT Medco Energi Internasional Tbk (MEDC) has been granted approval from Sultanate of Oman to acquire 20% ownership in 2 oil and gas blocks, Block 60 and 48.
GEMS’s subsidiary secures loan facility of IDR 2.17 trillion from BNI
28 Nov 2023 15:27
Two subsidiaries of PT Golden Energy Mines Tbk (GEMS) has secured a loan facility with a limit of IDR 2.17 trillion from PT Bank Negara Indonesia Tbk (BBNI).
Indika Energy’s subsidiary repurchases bonds worth USD 33.87 million
22 Nov 2023 10:31
Indika Energy Capital IV Pte. Ltd., one of many subsdiaries of PT Indika Energy Tbk (INDY), has completed the buyback of some of its bonds worth USD 33.87 million.
Pertamina Geothermal announces collaboration with Chevron and Mubadala Energy
14 Nov 2023 12:48
PT Pertamina Geothermal Energy Tbk (PGEO) announced its latest collaboration with Chevron New Energies International (Chevron) and Mubadala Energy, to explore geothermal potential in Kotamobagu, North Sulawesi.
Arkora Hydro introduces new subsidiary in Kalimantan, investing IDR 5 billion
13 Nov 2023 08:41
PT Arkora Hydro Tbk (ARKO), a power plant company, has established a new subsidiary called PT Arkora Hydro Kalimantan (AHK).