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PT Berau Coal Energy also issued US$500 million worth of 7.25% guaranteed senior notes in 2017. Both the 2015 and 2017 notes are currently in default. Since July 2015, the Berau Group has brought 4 separate rounds of scheme of arrangement / moratorium proceedings, with terms which have been described as “frankly insulting” at a time when ...
In May 2020, GCEH acquired the Bakersfield Refinery from Alon Bakersfield Properties, Inc., a subsidiary of Delek US Holdings, Inc. and the owner of the Alon Bakersfield Refinery. The Alon Bakersfield Refinery was an existing oil refinery located in Bakersfield, California. Historically, the refinery had produced diesel from crude oil.
Arutmin Indonesia (Arutmin) from BHP Minerals Exploration Inc, and PT Kaltim Prima Coal from (British Petroleum (BP) and Rio Tinto, in 2003. [ 7 ] In 2007, Forbes Asia estimated the Bakrie family had $5,4 billion in wealth, however after the 2008 financial crisis it dropped to only $850 million as Bakrie Group companies were heavily affected by ...
Essar Group [2] is an Indian multinational conglomerate company, founded by Shashi Ruia and Ravi Ruia in 1969. The company, known as Essar Global Fund Limited (EGFL), owns a variety of assets in the core sectors of energy (oil refining, oil and gas exploration and production, power), infrastructure & logistics (ports, projects), metals & mining, technology, and retail (oilfield services ...
Indonesia had 673 airports in 2013, ranging from grand international airports to modest unpaved airstrips on remote islands or inland interior areas located throughout the archipelago. [ 1 ] [ 2 ] Most of them are operated by Transportation Ministry technical operation units and state-owned PT Angkasa Pura I & II.
Idemitsu Kosan Co., Ltd. (出光興産株式会社, Idemitsu Kōsan kabushiki gaisha, stylized in logo as idemitsu) is a Japanese petroleum company. It owns and operates oil platforms, refineries, produces and sells petroleum, oils and petrochemical products, [3] and also operates gas stations under the apollostation [a] brand and until 2023, in its own Idemitsu and Shell brands; the Shell ...
Castleton Commodities International, LLC (CCI) is a privately held global merchant firm that is involved in commodity trading and is active in a wide spectrum of global energy markets. [1] Under the name Louis Dreyfus Energy, the company was formed in 1997 by the Louis Dreyfus Company as a subsidiary to trade energy. [ 1 ]
The pipeline was ordered by the International Petroleum Investment Company in order to increase the security of supply and reduce oil transportation through the Strait of Hormuz. The conceptual design of the pipeline was completed in 2006 by Tebodin, and the construction related contracts were awarded in 2007.