Bumi Resources’ production and sales reached around 61 million tons as of September

Bumi Resources’ production and sales reached around 61 million tons as of September

Reporter: Ika Puspitasari | Editor: Wahyu T. Rahmawati KONTAN.CO.ID – JAKARTA. PT Bumi Resources Tbk (EARTH) pursuing the target of coal production and sales volume of 83 million tons-87 million tons until the end of 2021. This figure is an increase compared to last year’s realization of 81 million tons of coal. Bumi Resources Director … Read more

Desperate to Face the Energy Crisis, the European Union Returns to Indonesian Coal

Desperate to Face the Energy Crisis, the European Union Returns to Indonesian Coal

Countries in the region European Union reported to have begun to despair in the face of energy crisis that happened. Coal was again an option as gas prices soared due to tight supply amid rising demand ahead of winter. Citing reports Fengkuang Coal Logistics, due to the high price of natural gas, European power producers … Read more

Coal Prices are Exorbitantly Exorbitant, Beware of Dying PLN!

Coal Prices are Exorbitantly Exorbitant, Beware of Dying PLN!

Jakarta, CNBC Indonesia – The price of coal is still exorbitantly high, although the price has dropped, it is still above US$ 200 per ton. This very high price makes coal entrepreneurs tend to be more export-oriented compared to meeting domestic needs, whose price is limited to a maximum of US$ 70 per ton. This … Read more

DGIK-UNVR Shares ‘Run’, Coal Trio Suck ARB!

DGIK-UNVR Shares ‘Run’, Coal Trio Suck ARB!

Jakarta, CNBC Indonesia – Construction issuer PT . shares Nusa Konstruksi Enjiniring Tbk (DGIK) and consumer goods issuer PT Unilever Indonesia Tbk (UNVR) were the top gainers in the first half of today’s trading, Thursday (7/10/2021). In contrast, the trio of shares of coal issuers, such as PT Indika Energy Tbk (INDY), sank to the … Read more

Electricity production is undergoing a revolutionary turning point, describes the Balance program. It will be reflected in the price – ČT24 – Czech Television

Electricity production is undergoing a revolutionary turning point, describes the Balance program.  It will be reflected in the price – ČT24 – Czech Television

Electricity from newly built renewables is now cheaper than in cases where investors build new conventional sources – gas, coal or nuclear. The breakthrough in energy has already manifested itself, for example, in Germany, which has announced a retreat first from nuclear and then coal-fired power generation, and must therefore invest heavily in new sources. … Read more

Keep it up, watch out for this factor that can make coal plummet

Keep it up, watch out for this factor that can make coal plummet

Jakarta, CNBC Indonesia – Several countries in the world are currently experiencing an energy crisis. The scarcity of energy supply also triggers the increase in energy prices including gas, oil, and coal. The incident triggered a power outage, as well as the difficulty of getting fuel oil (BBM) in a number of countries including China … Read more

Not a lot of drama, these 2 sectors are big when the JCI flies

Not a lot of drama, these 2 sectors are big when the JCI flies

Jakarta, CNBC Indonesia – The Composite Stock Price Index (JCI) rose 1.5% to 6,382.12 one hour after trading opened today, Wednesday (6/10/2021). The strengthening of the JCI by more than 1% was supported by the increase in stock prices with large market capitalization. However, if viewed by sector, almost all indices strengthened except for the … Read more

Shhh, Don’t Tell! Australian Coal Enters China

Shhh, Don’t Tell!  Australian Coal Enters China

Jakarta, CNBC Indonesia – It has been nearly a year since Australia-China relations have been strained. The reason is Australia’s push to hold China responsible for the coronavirus pandemic (Coronavirus Disease-2019/Covid-19) which is shattering the world. The Canberra-Beijing relationship has an impact on the trade aspect. China is reluctant to buy coal from Australia. Whereas … Read more

Indian Energy Minister Reveals Energy Crisis & The Roots

Indian Energy Minister Reveals Energy Crisis & The Roots

Jakarta, CNBC Indonesia – India has the potential to face energy supply problems in the coming months due to coal shortages and post-pandemic demand spikes. This was revealed after China and European countries faced an energy crisis that disrupted global supply chains and made prices soar. “Usually demand starts to drop in the second half … Read more