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Indonesia Chops Oil and Gas Output Amid the Low Productions

JAKARTA (TheInsiderStories) - Indonesia SKK Migas cut this year' oil and gas production outlook to 725,000 barrels per day (bpd) and 5,727 million cubic feed...

Cirebon – Semarang Gas Transmission Project Begins

JAKARTA (TheInsiderStories) - The ministry of energy and mineral resources (MEMR) will ground the construction project of the Cirebon - Semarang gas transmission pipeline along...

Saka Energi Indonesia Gets Permit to Manage Pangkah Block

JAKARTA (TheInsiderStories) - PT Saka Energi Indonesia (SKE), unit of state-owned gas producer, PT Perusahaan Gas Negara Tbk (IDX: PGN) get permit to extend Pangkah Working Area,...

Indonesia’s Perusahaan Gas Negara Prepares Capex US$700M in 2020

JAKARTA (TheInsiderStories) - Indonesia' gas producer and distributor, PT Perusahaan Gas Negara Tbk (IDX: PGAS) planned to develop distribution pipe in several cities in Indonesia...

Indonesia’s Perusahaan Gas Negara Seeks US$500M from Bank, Global Market

Jakarta (TheInsiderStories) - Indonesian gas producer, PT Perusahaan Gas Negara Tbk (PGAS) seeks funding of US$500 million in this year. It will be met by...

Indonesia’s Perusahaan Gas Negara Acquires Pertagas for US$1.39B

JAKARTA (TheInsiderStories) – Indonesia' gas producer, PT Perusahaan Gas Negara Tbk (IDX: PGAS) acquired PT Pertamina Gas (Pertagas) for Rp20.18 trillion (US$1.14 billion). The...

Gigih Prakoso Leads Indonesia’s Perusahaan Gas Negara

JAKARTA (TheInsiderStories) - Shareholders of PT Perusahaan Gas Negara Tbk (IDX: PGAS) has appointed Gigih Prakoso, an Investment and Risk Management of state-owned energy producer...

Moody’s: PGN’s Ratings Are Not Affected by Impending Change in Ownership

Singapore -- Moody's Investors Service says that Perusahaan Gas Negara (P.T.) (IDX: PGAS, Baa3 positive) Baa3 issuer rating and  senior unsecured rating are not immediately...

SKKMigas Appoints PGAS to Sell LNG Over Pertamina Objection

JAKARTA (TheInsiderStories) - The Special Task Force for Upstream Oil and Gas Business (SKKMigas) has appointed gas distributor PT Perusahaan Gas Negara Tbk (IDX:PGAS)...