China Shenhua, one of the largest coal producers and power generation companies in the world, booked net profit of RMB31.97 billion or around US$4.63 billion last year, an increase of 28% from 2015. With strong cash in hands and slowdown of growth in China, the company has aggressively expanded operations in the region, including Indonesia.

Delta Dunia Makmur (DOID), parent company of coal mining contractor BUMA, booked net profit of US$37 million last year against loss of US$8.31 million in 2015, thanks to significant improvement in the fourth quarter of 2016. In the quarter, DOID’s sales revenues jumped by 31.6%, while operating profit skyrocketed 130% to US$53.3 million.

PT Unilever Indonesia Tbk (UNVR) is among the most profitable units of worldwide consumer giant Unilever. With equity of Rp4.7 trillion only, UNVR generated net profit of Rp6.39 trillion last year, an increase of 9.2% from 2015. Other than huge dividend payments every year to parent company, Unilever Indonesia paid Rp3.32 trillion for trademark, technologies, and service fees last year alone, jumped 36.6% from 2015.

President Joko ‘Jokowi’ Widodo has late last week inaugurated commercial operation of eight mobile gas-fired power plants with combined capacity of 500 MW. This will grow domestic consumption of natural gas. Without new gas fields, Indonesia’s import of natural gas would continue to increase. In the first two months of 2017, import of natural gas already jumped 98.5% to 901,000 tons.

WTI crude oil was traded below US$49 per barrel, while Brent below US$52 per barrel late last week. They represent 24% and 26% gain year-on-year respectively, which prompted some to boost investments in Indonesia’s oil and gas development and exploration. Improved prices might also accelerate final investment decision (FID) for some projects in the country.