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.ENERGY SPECTRUM INDO.

Wednesday, August 5, 2015. Pertamina Losing $6 Million a Day From Fuel Sales. Indonesia’s Pertamina is losing Rp 80 billion ($6 million) a day from subsidised fuel sales, adding to losses from declining oil prices that have cut into first-half profits in its upstream business, the state energy company said on Wednesday. He, however, said the losses would not affect Pertamina’s plans to invest $4.4 billion this year. Oil prices this week came close to six-year lows touched at the start of 2015, with Brent...

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.ENERGY SPECTRUM INDO. | energyspectrumindo.com Reviews

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Wednesday, August 5, 2015. Pertamina Losing $6 Million a Day From Fuel Sales. Indonesia’s Pertamina is losing Rp 80 billion ($6 million) a day from subsidised fuel sales, adding to losses from declining oil prices that have cut into first-half profits in its upstream business, the state energy company said on Wednesday. He, however, said the losses would not affect Pertamina’s plans to invest $4.4 billion this year. Oil prices this week came close to six-year lows touched at the start of 2015, with Brent...

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.ENERGY SPECTRUM INDO. | energyspectrumindo.com Reviews

https://energyspectrumindo.com

Wednesday, August 5, 2015. Pertamina Losing $6 Million a Day From Fuel Sales. Indonesia’s Pertamina is losing Rp 80 billion ($6 million) a day from subsidised fuel sales, adding to losses from declining oil prices that have cut into first-half profits in its upstream business, the state energy company said on Wednesday. He, however, said the losses would not affect Pertamina’s plans to invest $4.4 billion this year. Oil prices this week came close to six-year lows touched at the start of 2015, with Brent...

INTERNAL PAGES

energyspectrumindo.com

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.ENERGY SPECTRUM INDO.: Shell to Axe 6,500 Jobs, Cut Spending to Cope With Lower Oil Prices

http://www.energyspectrumindo.com/2015/07/shell-to-axe-6500-jobs-cut-spending-to.html

Thursday, July 30, 2015. Shell to Axe 6,500 Jobs, Cut Spending to Cope With Lower Oil Prices. Royal Dutch Shell is to axe 6,500 jobs this year and step up spending cuts to deal with an extended period of lower oil prices which contributed to a 37 percent drop in the oil and gas group’s second-quarter profits. 8220;We have to be resilient in a world where oil prices remain low for some time, whilst keeping an eye on recovery,” Chief Executive Officer Ben van Beurden said. It also expects $30 billion of as...

2

.ENERGY SPECTRUM INDO.: February 2015

http://www.energyspectrumindo.com/2015_02_01_archive.html

Saturday, February 28, 2015. Compound from Chinese medicinal herb shows promise for Ebola. Bloomberg) - The tide may be turning in the retreat of the U.S. oil explorers. Rigs targeting oil fell by 33 to 986, the smallest decline since Jan. 2, Baker Hughes Inc. said on its website Friday. Energy rigs in the Permian Basin shale region dropped by seven to 355 after dropping by as much as 49 earlier in the month. The Eagle Ford in Texas lost three rigs. Saudi Arabia, the most powerful member of the Organizat...

3

.ENERGY SPECTRUM INDO.: Saudi Stocks Slip Most in 4 Months as Oil Drop Hits Gulf Markets

http://www.energyspectrumindo.com/2015/08/saudi-stocks-slip-most-in-4-months-as.html

Sunday, August 2, 2015. Saudi Stocks Slip Most in 4 Months as Oil Drop Hits Gulf Markets. Saudi Arabia’s stocks fell the most since March, leading declines across equity markets in the six-nation Gulf Cooperation Council, after crude slid to a six-month low. Brent crude slipped 2.1 percent on Friday to $52.21 per barrel, the lowest since January. Natural gas for September delivery fell 1.9 percent to settle at $2.716 per million British thermal units on the New York Mercantile Exchange. A day in a week a...

4

.ENERGY SPECTRUM INDO.: German energy U-turn powers EU Saharan dream

http://www.energyspectrumindo.com/2012/07/german-energy-u-turn-powers-eu-saharan.html

Sunday, July 29, 2012. German energy U-turn powers EU Saharan dream. BRUSSELS/FRANKFURT, July 29 (Reuters) - Germany's decision to abandon nuclear energy and dwindling domestic subsidies for renewables have stoked a dazzlingly ambitious plan to expand Europe's energy market into North Africa, with an array of giant solar and wind plants glinting in the desert sun. Business leaders say the economics are not compelling yet, but some say technological advances and judicious use of EU money could change that.

5

.ENERGY SPECTRUM INDO.: Bukit Asam’s H1 Profit Plunges on Falling Domestic Sales, Weak Coal Prices

http://www.energyspectrumindo.com/2015/07/bukit-asams-h1-profit-plunges-on.html

Thursday, July 30, 2015. Bukit Asam’s H1 Profit Plunges on Falling Domestic Sales, Weak Coal Prices. Indonesian state-controlled coal miner Bukit Asam’s profit declined during the first half of the year, dragged by a decline in domestic sales and persistently weak coal prices. In a listing on the local stock exchange. Bukit Asam reported a 31 percent fall in profit to approximately Rp 795 billion ($59 million) in profit in the first half of the year from Rp 1.2 trillion in the same period last year.

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.ENERGY SPECTRUM INDO.

Wednesday, August 5, 2015. Pertamina Losing $6 Million a Day From Fuel Sales. Indonesia’s Pertamina is losing Rp 80 billion ($6 million) a day from subsidised fuel sales, adding to losses from declining oil prices that have cut into first-half profits in its upstream business, the state energy company said on Wednesday. He, however, said the losses would not affect Pertamina’s plans to invest $4.4 billion this year. Oil prices this week came close to six-year lows touched at the start of 2015, with Brent...

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