Pertamina Signs MOU with Three New Partners

Dec 10, 2014 | Industries

PT Pertamina (Persero) has chosen Saudi Aramco, JX Nippon Oil & Energy Corporation (Jepang) and China Petroleum & Chemical Corporation for upgrading the State-Owned Enterprises refineries as per its Refining Development Master Plan (RDMP). Pertamina signed the...

Mapping of Shipyard Industry in Batam

Dec 10, 2014 | Industries

The city of Batam in the province of Riau Islands has Indonesia’s largest shipyard industry estates with more than 100 companies. According to the Indonesia Shipbuilding and Offshore Association (IPERINDO), there are at least 21 Batam-based registered shipyard...

Revisiting Soda Ash Industry

Dec 10, 2014 | Industries

Growing domestic consumption of glass, soap, detergents, paper, textiles, and food has attracted some companies to build soda ash factories in Indonesia. One major business group planned such factory around two decades ago in East Kalimantan, but failed to...

Update on Mahakam Block

Dec 9, 2014 | Industries

The future of the Mahakam Block—currently managed by Total E& P dan INPEX Corporation—will be decided before the end of the Block’s production sharing contract (PSC) in 2017, Minister of Energy and Mineral Resources Sudirman Said told journalists on Dec. 9....

One-on-One with Rida Mulyawan

Dec 9, 2014 | Industries

The Ministry of Energy and Mineral Resources (ESDM) is planning to auction 25 geothermal working areas (WK) in 2015, altogether containing 1225 MW potential geothermal energy. The following is our conversation with the Director General for New Renewable Energy of ESDM...

Oil & Gas Journal

Dec 8, 2014 | Industries

Finance minister Bambang Brodjonegoro told journalists that the quota for subsidized fuel will still remain at 46 million kilo liters until end of year. National oil lifting is expected to reach 800,000 barrels per day (bpd) this year, lower than 818,000 bpd assumed...

Indonesian Shipyard Industry: Background

Dec 4, 2014 | Industries

President Joko “Jokowi” Widodo has committed himself to making Indonesia the world’s maritime axis within the next five years. Doing so involves creating an integrated port and shipyard industry, and this won’t be an easy task, for the Indonesian shipyard industry...

Chandra Asri’s Q3: Improved, but…

Dec 2, 2014 | Industries

Chandra Asri Petrochemical (TPIA), the largest petrochemical company in Indonesia, booked net profit of US$13.04 million in nine months ended September 30, 2014. It is an improvement compared to net loss of US$5.62 million in the corresponding period of 2013....

Update on the Priok Toll Road Development

Dec 1, 2014 | Industries, Politics

The Priok Toll Road project, like many other massive construction project in Indonesia, has been suffering from the problem of land procurement. Stubborn land owners in the Kalibaru area had held back the development of E2 and E2A section of the Priok Toll Road...

Promoting Indonesian Cuisine To The World

Dec 1, 2014 | Industries, News Group

Having more than 1,300 ethnicities means Indonesia has a rich food culture. Some of Indonesia’s well-known cuisine—such as the beef rendang from Padang, West Sumatera—has been featured internationally. But for some reason, unlike Thailand and Vietnam, Indonesian...