PT Tiga Pilar Sejahtera Food (AISA) Tbk has just completed the acquisition of oil palm plantation and rice mill from Ganda Sitorus (brother of Martua Sitorus, Wilmar International shareholder) for a combined consideration of...
Read MoreAceh is one of resource-rich provinces in Indonesia, no doubt about that. Oil and gas resources might have depleted, but still big enough to attract investors. Soon, the province might be awarded authority to manage oil and gas...
Read MoreThe Upstream Oil and Gas Regulatory Body (BPMigas) has extended the expiration date of Pase Block production sharing contract in Aceh (previously controlled by ExxonMobil) by 377 days due to implementation of force majeure...
Read MoreIndonesia is set to auction some major coal-fired power plant projects in Java with combined capacity of more than 8,000 MW, despite concerns surrounding the delay in construction of 2×1000 MW project co-owned by Adaro Energy, Itochu, and J-Power. Other than these giant projects, some major business groups are competing in medium size power plant projects.
Read MorePalm oil plantation company PT Selago Makmur Plantation joins the biodiesel frenzy with its plan to build biodiesel plant in Padang, West Sumatra. Meanwhile PT Supra Mitra Abadi, also a palm oil plantation company, plans to...
Read MoreIndonesia Today attended a focus group discussion on biodiesel policy organized by Research Ministry on Tuesday with participants from Ministry of Finance, Ministry of Energy & Mineral Resources, Pertamina, and biofuel...
Read MorePT Apexindo Pratama Duta Tbk has received a fax of order (FOO) from Total E&P Indonesie as a confirmation on long-term contract extension for Maera (Apexindo’s submersible swamp barge offshore rig) for five years...
Read MoreAs predicted, government has yet to prepare supporting mechanism for the development of biofuel, especially to boost domestic sales. In the meantime, increasing CPO price in the last few months will cut significantly the margin...
Read MoreStraits Asia Resources Ltd has appointed Rizal Ramli (former coordinating minister for the economy under Abdurrahman Wahid administration) as its CEO for Indonesia operation called PT Indo Straits. The group is already one of...
Read MoreIn less than eight years, Djava Energy has emerged as one of the biggest player in the Indonesia’s oil and gas business. Petromine Energy Trading, one of its subsidiaries, booked revenue above US$120 million last year from oil trading alone, a growth more than 100% from 2005. Liberalization of downstream oil and gas market has also placed the company as an important player thanks to its relationship with Petronas. Who are the people behind it?
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