Bontang LNG plans to shut down one of its two operational production trains from January 15 to February 5, following Eni's pipeline tie-in project to connect the Merakes gas field and Jangkrik floating processing unit.
The completion of the JTB Project’s drilling operation and rigless campaign is faster than expected. PEPC also cuts the cost and operational time by 11 and 21 percent, respectively.
President Joko "Jokowi" Widodo questioned the benefits of trillions of rupiah from the state budget for fertilizer subsidies. He considered that fertilizer subsidies have no real impact on agricultural production.
The government and PLN will convert about 5,200 diesel-fired power plants (PLTD) into renewable (EBT) plants. The project may generate up to 2 GW of electricity.
Shopee's parent company, Sea Ltd, has reportedly acquired PT Bank Kesejahteraan Ekonomi (BKE) through its subsidiary, Turbo Cash Hong Kong Ltd. According to a D-Insights source, Sea Ltd also gets the green light from the OJK to acquire another bank.
The Investment Coordinating Board (BKPM) has issued a regulation demanding investors to report their investments through the online single submission (OSS).
The government will evaluate at least 60 stalled oil and gas fields. The contractor has returned the oil and gas fields to the government, of which 40 fields belong to Pertamina.
