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.
TOBA and PLN NP’s subsidiaries to form a JV
30 Apr 2024 13:00
PT Batam Tirta Surya (BTS) and PT PLN Nusantara Renewables (PLN NR) will form a joint venture engaged in the renewable energy sector.
Medco Energi sets up IDR 200 billion for shares buyback
19 Apr 2024 19:58
PT Medco Energi Internasional Tbk (MEDC) is scheduling a shares buyback with a budget set to IDR 200 billion or equal to USD 12.5 million.
Strengthening renewable energy business, TOBA to pair up with PLN for JV
17 Apr 2024 09:01
PT TBS Energi Utama Tbk (TOBA), a coal mining company, now transforming to renewable energy, has established a joint venture (JV) with PT PLN Nusantara Renewables (PLN NR).
Enhancing power plant business, ITMA to acquire 3 PLTU
02 Apr 2024 14:09
PT Sumber Energi Andalan Tbk (ITMA), a mining and energy company, previously known as Itama Ranoraya, has acquired 25% of PT Oksigen Natural Esa (ONE) from 1st Finansial Company Limited (FFCL).
Energi Mega Persada to conclude acquisition 2 active blocks in Riau
26 Mar 2024 17:49
PT Energi Mega Persada Tbk (ENRG), an oil and gas company under Bakrie Group, has completed the acquisition of 2 active oil assets with ongoing production in Riau.
Bakrie Group’s oil and gas company discovers new natural gas source worth IDR 1.57 trillion
07 Mar 2024 10:52
EMP Bentu Limited, a subsidiary of PT Energi Mega Persada Tbk (ENRG), the operator and full owner of interest participation of Bentu Block, has reportedly discovered a new gas-in-place source of 126 billion cubic feet from its drilling activity in CEN-01 gas well.
Astra net profit jumps 17%, ready to distribute dividend IDR 421 per share
27 Feb 2024 18:47
PT Astra International Tbk (ASII) recorded a consolidated net profit of IDR 33.84 trillion by the end of 2023. The growth in profit performance was dominated by the infrastructure and logistics, financial services, and automotive business lines.
