Indonesian firm expands oil and gas investment in Africa World

Indonesian firm expands oil and gas investment in Africa

Indonesian oil and gas company PT Pertamina has signed a memorandum of understanding (MoU) with Guma Africa Group Limited on the establishment of an alliance to explore potential projects in the upstream and downstream oil and gas business in Africa.
Indonesia, Malaysia cooperate to develop EV battery factory World

Indonesia, Malaysia cooperate to develop EV battery factory

Indonesia plans to sign a memorandum of understanding (MoU) with Malaysia to develop an electric vehicle (EV) battery factory in Samalaju industrial park, according to the Indonesian Consul in Malaysia’s Kuching city, Raden Sigit Witjaksono.
Indonesia to make biomethane from palm oil in 2025 ASEAN

Indonesia to make biomethane from palm oil in 2025

PGN, a Pertamina subsidiary, and three Japanese companies are looking to produce biomethane from palm oil mill effluent (POME) to meet rising natural gas demand and reduce methane emissions, reported the Jakarta Post.
Indonesia to build light rail transit on Bali World

Indonesia to build light rail transit on Bali

Indonesia’s Coordinating Minister for Maritime Affairs and Investment Luhut Binsar Pandjaitan said on September 27 that the country’s government targets the light rail transit (LRT) project in Bali to start its groundbreaking in early 2024.
Indonesia, Japan develop new renewable energy World

Indonesia, Japan develop new renewable energy

The Indonesian Government has established collaboration with the Japan Bank for International Cooperation (JBIC) to develop new renewable energy, said Indonesian Coordinating Minister for Economic Affairs Airlangga Hartarto on September 26.
Indonesia launches first carbon exchange ASEAN

Indonesia launches first carbon exchange

Indonesia launched its first carbon exchange on September 26, giving companies a chance to offset their emissions as the Southeast Asian country pledges to reach carbon neutrality in its power sector by 2050.
ADB approves loan supporting Indonesia’s business reform World

ADB approves loan supporting Indonesia’s business reform

The Asian Development Bank (ADB) announced on September 25 that it has approved a 500 million USD loan to support Indonesia’s development agenda and reform priorities in creating an enabling environment for investments, easing trade barriers, and upscaling enterprises.