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MIND ID's smelter grade alumina project in Mempawah to start operation in September
Indonesia's state-owned mining holding company, MIND ID, has announced that the Smelter Grade Alumina Refinery (SGAR) project, a key part of MIND ID's strategy operated by PT Bauxite Alumina Indonesia, is slated to begin operation in September 2024.
PLN-CT Corp collaborate to develop green energy
State-owned electricity company PT PLN collaborates with PT CT Corpora (CT Corp) to develop green energy in business environment of the Jakarta-based consumer-centric diversified group of businesses.
WIKA Beton secures Rp612 billion in contracts for IKN projects
State-owned construction company PT Wijaya Karya Beton (WIKA Beton) has secured project contracts worth Rp612 billion (US$38.5 million) in the new capital city of Nusantara (IKN) by the second quarter of 2024.
PGN cooperates with Likuid Nusantara Gas to reduce LPG dependency in E. Java
State-owned gas company PT PGN, as gas subholding of state owned energy company PT PERTAMINA, on Thursday, August 8, 2024, signed a Memorandum of Understanding (MoU) with PT Likuid Nusantara Gas for cooperation in Liquefied Natural Gas (LNG) sector in East Java.
Pertamina strengthens energy security while advancing towards sustainability
State energy company PT Pertamina is putting all the efforts to address the energy trilemma, which involves optimizing national oil and gas production to ensure energy security and affordability, while simultaneously adhering to environmental sustainability principles.
Pertamina aims for 56 percent investment in renewable energy by 2030
State oil and gas company PT Pertamina has set the target that by 2030, 56 percent of its investments will be allocated to renewable energy.
Pertamina NRE sells 460,000 tons of Carbon in July 2024
Industry players' awareness of climate change issues has led to increased efforts to reduce emissions from corporate operational activities as reflected in increased sales of Pertamina New & Renewable Energy (Pertamina NRE) carbon credits.
IDX seeks clarification from WIKA on debt postponement petition
The Indonesia Stock Exchange (IDX) has requested explanation from State-owned construction firm PT Wijaya Karya (WIKA) over the Suspension of Debt Payment Obligations (PKPU) petition filed by four of its creditors in the Commercial Court of the Central Jakarta District Court.
Indonesia-S’pore economic cooperation: Strong partnership for financial innovation
The economic cooperation between Indonesia and Singapore not only showcases a robust bilateral partnership but also fosters new innovations in the regional financial sector as both countries continuously strive to strengthen economic integration through various strategic initiatives.
Indonesia attempts to maintain oil production amidst declining trend
Indonesia is trying to increase its oil production that has been dropping since 2020, reversing the declining production trend by exploiting old oil fields and try to find new oil fields.
PMSol seals deal with two Malaysian manning agencies
PT Pertamina Marine Solutions (PMSol), a subsidiary of PT PERTAMINA Trans Kontinental, has expanded its business by signing a strategic cooperation or Memorandum of Understanding with two Malaysian manning agencies on July 23, 2024.
PLN Nusantara Power's performance soar in 2023 upon optimization program
PLN Nusantara Power (PLN NP), a subsidiary of State electricity company PT PLN, recorded electricity production of 66.8 million mega watt hours (MWh) in 2023 or grew 291 percent compared to the 2022 realization of 17 million MWh following plant optimization measures taken throughout last year.