Corporate Affairs
Uncovers the dynamics of state-owned enterprises and corporate giants with a vibrant and insightful approach, making the corporate world both fascinating and accessible.
Antam plans to acquire domestic, international gold mines
State-owned mining company PT Aneka Tambang (Antam), a company incorporated in the holding company PT Mineral Industri Indonesia (MIND ID), has planned to explore and acquire gold mines, both domestically and abroad.
BP invests US$7 billion in oil & gas, energy projects in Indonesia
British Petroleum (BP) has agreed to put an investment of US$7 billion in support of the Tangguh Ubadari, Carbon Capture Utilization & Storage (CCUS), and Compression (UCC) projects in Indonesia upon an assessment meeting between the British oil&gas company and the Upstream Oil and Gas Regulatory Task Force (SKK Migas).
Retno Marsudi joins Singapore's Gurin Energy as non-executive director
Retno Marsudi, Indonesia’s Foreign Minister from 2014 to 2024, has been appointed as a Non-Executive Director at Gurin Energy.
Shell dismisses reports of closure of all refueling stations in Indonesia
PT Shell Indonesia has confirmed that viral reports about the closure of all its public fuel filling stations (SPBU) in Indonesia is not true.
PT Rainbow Tubulars set to boost production for domestic, export markets
Seamless steel tube producer PT Rainbow Tubulars Manufacture (RTM), a subsidiary of PT Sunindo Pratama (SUNI), has set the target for the new plant under construction to operate commercially in third quarter of 2025.
PHR discovers Indonesia's first unconventional oil & gas well
PT Pertamina Hulu Rokan (PHR), an upstream subholding of State energy company PT Pertamina, has made history in the national oil and gas industry after discovering the first unconventional oil and gas (MNK) resource in Indonesia, namely the Gulamo DET-1 Well in the Rokan Block, Dumai, Riau.
SCG delays ammonia and green hydrogen production
Cement and building material company Siam Cement Group (SCG) says it is not interested in producing ammonia and green hydrogen in the near future upon learning form results of the company's own study that the production cost of the two gases is still too costly.
Grundfos inaugurates submersible pump factory in Jakarta
Danish pump and water technology manufacturer, Grundfos, inaugurated on Thursday, November 14, 2024, its US$2 million submersible pump factory in Jakarta, equipped with large-scale assembly and testing line, allowing for increased local content, accelerated production, and distribution.