Oil and gas contributed to 17% of Indonesia's export revenues in 11 months of 2013, but accounted for 24% of the country's import. As a result, Indonesia suffered oil and gas deficit of US$11.84 billion in the period, surged by 144% from the corresponding period of...

PT Multi Sinar Kencana was established in March 2006 to engage in timber industry/wood working machinery business. Two years later, the company changed its main business to coal mining. How many companies like that in the country? They cut down the trees and then dig...

PT Tiga Baji is one of companies planning to develop nickel smelter in Morowali, Central Sulawesi province. Like others, however, the company's smelter might not be able to start commercial operation in 2014, the year when miners shall not export minerals in ores....

Coal stocks end mixed Monday (Dec 10) with Shenhua down 0.93% in Hong Kong, while BHP Billiton gained 0.6% in Sydney. In Jakarta, Bakrie-related coal stocks ended mostly in red as conflicts at Bumi Plc yet to settle down. In this report: (1) Delta Dunia Makmur, (2)...

Coal-related shares were mixed all over the world Wednesday (Oct 10) even though Nymex crude oil soared to US$93 per barrel. Shenhua gained 0.82% in HK, while China Coal down 0.42%. In Jakarta, Bumi Resources gains 1.5%, while ITMG, Bukit Asam, and Indika ended lower....

Krakatoa Resources Limited is another Indonesian gold explorer to be listed on ASX. Krakatoa offers 15 million shares in the IPO at an issue price of $0.2 per share to raise $3 million. It is small, and probably not interested for some investors. But, how many...

The government has awarded 12 new blocks of coal-bed-methane (CBM) this year. The minimum gas price of $7.5 per MMBTU is also guaranteed by the Upstream Oil and Gas Regulatory Body (BPMigas). Some players have also announced independent resource certifications....

Junior coal player Atlas Resources entered stock market late last year with IPO price of Rp1500. The stock gained briefly to Rp1570, but has since dropped to Rp1390 on Thursday (May 10). The stock is not liquid with only few lots traded daily. At the current price,...