Showing 1 - 10 of 22
Indonesia probes graft at state oil firm
Bloomberg News, Published on 29/05/2025
» Indonesian investigators have asked Singapore-based oil traders to attend meetings in the city-state next week as part of a $12-billion corruption investigation into the state-owned oil company PT Pertamina.
Indonesia eyes cut in fuel imports from Singapore in favour of US as part of tariffs talks
Reuters, Published on 09/05/2025
» JAKARTA — Indonesia plans to change the source of some of its fuel imports from Singapore to the United States as part of negotiations over steep tariffs, its energy minister said on Friday.
New Indonesia sovereign wealth fund to invest $20 billion in projects
Reuters, Published on 24/02/2025
» JAKARTA - Danantara Indonesia will invest $20 billion in a wide range of projects from metal processing to artificial intelligence, President Prabowo Subianto said on Monday, as he launched the country's new sovereign wealth fund.
Oil giants plan to bury massive amounts of CO2 in Malaysia, Indonesia
Bloomberg, Published on 28/03/2024
» Just as they first ventured to do over a century ago, the world’s largest oil companies are staking claims far from home — this time to swallow, rather than spew, planet-warming industrial emissions.
Asian bourses advance but SET could see volatility
Business, Nuntawun Polkuamdee, Published on 04/02/2023
» RECAP: Most Asian stock markets rose yesterday while currencies fell against a firmer US dollar, as investors awaited a key US jobs report for more clues about interest rates after mixed signals from global central banks.
Indonesia to offer 10 oil and gas blocks in 2023, including in S. China Sea
Bloomberg, Published on 30/01/2023
» JAKARTA: Indonesia plans to offer 10 oil and gas working areas this year, including a block in the South China Sea, amid efforts to boost energy production and make new discoveries, a senior energy ministry official said on Monday.
Indonesia’s state firms to use only EVs by 2025 in net zero push
Bloomberg, Published on 17/10/2022
» Indonesia is setting a three-year deadline for all state-owned companies to use only electric vehicles as part of its goal of reaching net zero emissions by 2060.
PTTEP move strengthens investment in Malaysia
Business, Yuthana Praiwan, Published on 17/02/2021
» PTT Exploration and Production Plc (PTTEP) has started its natural gas production at Rotan and Buluh deepwater fields of Block H off the coast of Sabah, Malaysia, marking its move to strengthen investment in Malaysia.
Battery boost
Asia focus, Ismira Lutfia Tisnadibrata, Published on 11/01/2021
» With a US$9.8-billion investment deal to develop an integrated electric vehicle (EV) battery industry, and the world's largest nickel reserves, Indonesia is taking another step toward its goal to become a major hub for the EV industry.
Italy, Iran cases jump, drug result due in April: Virus update
Bloomberg and online reporters, Published on 25/02/2020
» Iran reported a total of 15 deaths from the coronavirus, the most fatalities outside China. Italy, the outbreak’s epicentre in Europe, said infections in the Lombardy region rose to 206 from 172. The country might seek flexibility on some budget targets.