Indonesian Political, Business & Finance News

Archive: 6 September 2006

6 articles found

Energi Persada to sell Lapindo Brantas to Bakrie Group

I bought 200,000 more shares in PT Bakrie and Bros (BNBR) today at the low, low discount price of Rp150 perWhen there's blood (er mud) on the streets, it's time to BUY!

Energi Persada to sell Lapindo Brantas to Bakrie Group

yep, something smells, and it ain't mud.seeing as PT. Energi Mega Persada is already effectively controlled by Bakrie, why are they now selling it to another subsidary company? do they think we are stupid?

Energi Persada to sell Lapindo Brantas to Bakrie Group

Check out all the companies involved here. They are all, with the possible exception of Pan Asia Enterprises Ltd (who have hidden themselves very well in this regard) & XFN Asia all Bakrie affiliates.

Energi Persada to sell Lapindo Brantas to Bakrie Group

Energi Persada to sell Lapindo Brantas to Bakrie GroupJakarta (ANTARA News) - Oil and gas firm PT Energi Mega Persada intends to sell unit Lapindo Brantas Inc to a company wholly owned by Bakrie Group for a price that has yet to be determined, Energi Mega said.

Sumitomo to invest in Indonesian refinery after Sinopec pulls out

Sumitomo to invest in Indonesian refinery after Sinopec pulls outJakarta (ANTARA News) - PT Elnusa Holding said Japan's Sumitomo Corp has agreed to take a 20 pct share in the estimated 3 bln usd cost of an oil refinery project in Indonesia following the withdrawal of China Petroleum & Chemical...

Exxon Must Launch Operations Or Face Loss Of Contract

Indonesia:Exxon Must Launch Operations Or Face Loss Of Contract09-05-06 12:01 AM ESTJAKARTA -(Dow Jones)- U.S. oil giant Exxon Mobil Corp. (XOM) must begin development of the Natuna D-Alpha gas block in Indonesia's East Natuna Sea by Jan.