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Moody’s downgrades Saka Energi to Ba2; outlook negative

JAKARTA (TheInsiderStories) -- Moody's Investors Service has downgraded to Ba2 from Ba1 the corporate family rating (CFR) of Saka Energi Indonesia (P.T.) and the rating...

Holding Down Strategic Industry Gas Price a Hard Job

JAKARTA (TheInsiderStories) – The Indonesian government’s drive to depress the price of gas sold to strategic industries, as mandated by Presidential Decree Number 40,...

UK’s Andalas Energy Completes Placing for Funding Sumatra-1 project

 JAKARTA (TheInsiderStories) - United Kingdom's Andalas Energy and Power plc (AIM:ADL) said it has finalized the placing of the company’s shares to the new and existing...

Energy Ministry Still Searching for Formula to Bring Down Gas Price

JAKARTA (TheInsiderStories) - Deputy Minister for Energy and Mineral Resources Arcandra Tahar says the Energy Ministry is still searching for the correct formula to bring...