Tag Archives: Indonesia

Nickel-rich Indonesia on Saturday’s G7 Summit in Hiroshima proposed the establishment of an OPEC-like organization for the silvery metal. The OPEC, which Indonesia was once a member of, is short for the Organization of the Petroleum Exporting Countries. OPEC says it aims to coordinate the petroleum policies of its member …

Indonesia is now overwhelmingly China’s biggest overseas supplier of coal, with shipments hitting a record last month after Beijing loosened curbs on imports to tackle its power crisis. Cargoes of coking, thermal and brown coal from the Southeast Asian nation surpassed 21 million tons in September, from just over 17 …

Fires raging Pertamina’s Balongan Oil Refinery have been successfully extinguished at 14:35 local time today, March 31. Agus Suprijanto, the state-owned oil firm’s Senior Vice President of Corporate Communications and Relations, confirmed in a written statement. Agus said that it was due to the offensive firefighting method applied intensively by …

Indonesia’s Pertamina said March 29 that an incident has caused a fire at its Balongan refinery in the province of West Java, but the national oil company said its fuel supply was not affected. The fire occurred at Balongan refinery’s T-301G tank and the incident occurred at 12.45 am local …

Tehran has dismissed allegations that an Iranian-flagged oil tanker has been seized for illegally transferring oil, despite Indonesian authorities claiming the ship was “caught red-handed.” Speaking on Monday, Iranian Foreign Ministry spokesman Saeed Khatibzadeh said they were still waiting for more information from the Indonesian government but claimed a senior …

In Indonesia, the Ministry of Energy has partnered with the International Energy Agency (IEA) to accelerate the uptake of renewable energy in the country. The ministry and IEA are partnering with utility PT Perusahaan Listrik Negara (PLN Persero) to launch a new joint project on electricity and renewable energy. The …

Iran's President Hassan Rouhani lamented the unfair US sanctions on Iran under the conditions that the world is in a fight with Covid-19, saying that the embargo is in contrast with the fundamentals of the human rights.

SoftBank Group Corp. offered to invest $30 billion to $40 billion toward the development of a new Indonesian capital. a senior member of President Joko Widodo’s cabinet.

The United Arab Emirates will invest $22.8 billion in Indonesia through a sovereign wealth fund being set up.

By 2040. Indonesia is overtaken by Russia in terms of export volumes.