The purchase of Bank Jago shares shows that Gojek is serious about entering the digital financial market.
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 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.
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.
India will become the sugar supplier for Indonesia due to hampered sugar imports from Thailand. The current stock of ready-to-use and industrial sugar may be insufficient.
The Ministry of Energy will likely reduce the power generation capacity built by PLN by around 15.5 GW in the next 10 years. One of the considerations is that the COVID-19 pandemic has reduced electricity consumption.
The Energy and Mineral Resources Ministry has prepared Rp 450 billion worth of geothermal exploration budget this year, especially to drill three geothermal work areas.
The Ministry of Energy and Mineral Resources (ESDM) initiated research on coal-based electric vehicle battery anodes. The research aims to support the coal downstream processing program, which produces synthetic graphite raw materials.
Airlines may operate at 100 percent occupancy to cover operating costs and minimize the risk of non-compliance with aviation security aspects.
SKK Migas aims to get an extra 50,000 bopd this year to reduce the natural production decline.