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Article: BRIEFING - ASIA ENERGY - NOV 27, 2008.

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AsiaPulse News
Article date:
November 27, 2008
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An executive briefing on energy for Nov 27, 2008, prepared by Asia Pulse (http://www.asiapulse.com), the real-time, Asia-based wire with exclusive news, commercial intelligence and business opportunities.

NORTHSTAR FAILS TO CONTROL INDONESIAN COAL MINER BUMI RESOURCES

JAKARTA - Northstar Pacific Partners Ltd fails to take control of PT Bumi Resources (JSX:BUMI) after it decided to buy only secured shares which make up only 10 per cent-20 per cent of the shares of Indonesia's largest coal producer.

Earlier a consortium Northstar that included state coal mining company PT Tambang Batubara Bukit Asam (JSX:PTBA) agreed to buy 35 per cent of Bumi ...

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