News - East Java
JAKARTA, Indonesia, Dec. 15, 2010 /PRNewswire/ -- Cargill announced today that it has entered into an agreement to purchase all of the ordinary shares of PT Sorini Agro Asia Corporindo Tbk ("Sorini") held by the majority shareholder PT AKR Corporindo Tbk ("AKR") at a price of IDR 3,500 per share.
New data provides the strongest evidence to date that the world's biggest mud volcano, which killed 13 people in 2006 and displaced thirty thousand people in East Java, Indonesia, was not caused by an earthquake.
Calgary-based Husky Energy has reached an agreement with China National Offshore Oil Corporation, to jointly develop the Madura BD gas and natural gas liquids field, located offshore East Java, Indonesia.
Text of report in English by official Chinese news agency Xinhua (New China News Agency) ["Death Toll in Indonesia's Landslides And Floods Climbs To 153" - Xinhua headline] Jakarta, Dec.
Indonesia, which straddles the Pacific "Ring of Fire," has about 130 active volcanoes, more than 60 of which are in densely populated areas. Weekly earthquakes rattle the nerves of everyone across this sprawling archipelago as do the tsunami warnings that follow.
