The resources of Asia of straits limited decided to enter the sector of hydrocarbons, and appointed Dr. Rizal Ramli the former Coordinating minister of finances and economy in Indonesia, as a senior staff of its new subsidiary company of oil and gas.
It is expected that Dr. Ramli, who has had a long and close association […]
KAL Energy, Inc is pleased to announce that over 3000m of drilling has been completed of its previously announced $2 million Phase 1 Exploration program on its Thermal Coal Project in East Kalimantan, Indonesia. This program includes extensive drilling, trenching, sampling and mapping of known geological structures, and exploration for unknown structures.
Over the past week […]
KAL Energy is a junior mining company focused on exploring and developing the Thermal Coal resources of Kalimantan, Indonesia. KAL Energy has secured rights to two large scale coal concessions, Block 24(24711 acres) and Block 16 (24711 acres), both situated near the Mahakam River in North Eastern Kalimantan. River barging via the Mahakam River provides […]
KAL Energy, Inc. is pleased to announce that in excess of 2,000 meters of drilling have been completed on Phase 1 of the $2 million 5,000+ meter work program on its Thermal Coal Project in East Kalimantan, Indonesia. This program includes extensive drilling, trenching, sampling and mapping of known geological structures, and exploration for unknown […]
Inpex Holdings Inc., Japan’s largest oil explorer, said it will spend more than 200 billion yen ($1.7 billion) annually to search and develop oil and gas fields over the next three to four years.
The annual investment will include developing Indonesian gas fields, Chairman Kunihiko Matsuo, 71, said in an interview at the company’s Tokyo headquarters. […]
Banpu’s first-quarter earnings will drop due to a malfunctioning winch-brake motor at its Bontang Coal Terminal in Indonesia, which disrupted loading, president Chanin Vongkusolkit said yesterday.
Stock analysts believe the accident will hurt the coal-mining firm’s results only for the first quarter, while earnings for the entire year will not be much affected. Several analysts have […]
Indonesian coal producer Indominco said repairs to its damaged coal loader at the Bontang terminal could take about two weeks, a senior official at its parent company said on Wednesday.
“Based on preliminary assessments, repairs could be finished within two weeks,” Somyot Ruchirawat, head of Indonesian coal operations at Thai Energy firm Banpu , said by […]
French oil giant Total plans to invest another six billion dollars in Indonesia over the next five years, chairman Thierry Desmarest announced as Jakarta said it wanted better terms before extending key oil and gas contracts.
“We plan to continue with many projects and we will increase by six billion dollars our investment in oil and […]
When it comes to energy and industrial commodities, China and India are Asia’s fiercest competitors. For the last couple of years, both Chinese and Indian companies have done deals across the globe — from Latin America to Africa — to win oil exploration rights or secure long-term raw material contracts.
Now they have set their sights […]
French oil giant Total dominates the immense Mahakam delta on the island of Borneo, but concern over the humble shrimp has led the company to highlight an ecological catastrophe it fears it will be wrongly blamed for. Muzi.com News 10030488-0 (muzi.com)
Overexploitation of the crustaceans has caused the disaster in the Indonesian province of East […]