14 Jun 2022 13:05
Pemeringkat Efek Indonesia (Pefindo), a local rating agency, has raised the rating of PT Medco Energi Internasional Tbk (MEDC) to “idAA-“, following the full consolidation of the Corridor Block PSC in South Sumatra and oil price increase.
14 Jun 2022 11:32
Indonesia and Pakistan continue to strive to improve comprehensive economic cooperation, so as to spur economic growth between the two countries. One of the strategic steps that Indonesia will take is to accelerate the expansion of the export market for crude palm oil (CPO) and palm cooking oil to Pakistan.
14 Jun 2022 10:31
PT Indo Oil Perkasa Tbk (OILS), a plantation under Mandalino Putra Perkasa Group, announced the decision to distribute cash dividends of IDR 2.52 per share or IDR 1.15 billion in total.
13 Apr 2022 10:56
Pertamina Power Indonesia as Subholding of Power & New Renewable Energy (Pertamina NRE) agreed to sign a cooperation agreement with Hyet Solar Netherlands BV (Hyet Solar) to develop photovoltaic (PV) foil manufacturing on Thursday (7/4).
11 Mar 2022 10:50
The palm oil processing industry is one of the leading sectors that supports the national economy. This performance is proven, among others, through its contribution of 17.6% to total non-oil and gas exports in 2021.
20 Jan 2022 20:02
Through the Ministry of Energy and Mineral Resources (ESDM), the Indonesian government has listed some objectives for the oil and gas sector in 2022.
20 Dec 2021 11:29
PT Medco Energi Internasional Tbk (MEDC) posted a net profit of USD 47 million as of September (9M) 2021, turning the tables after a loss of USD 188.9 million throughout last year.
10 Dec 2021 12:05
Indonesia has great potential to increase the downstreaming of essential oils, supported by the availability of domestic raw materials. Therefore, strategic policies are needed to spur innovation of derivative products from essential oils so that they can be utilized by the wider community.
21 Oct 2021 11:15
Indonesia has great potential in developing downstream palm oil derivative products. This is supported by the abundant availability of industrial raw materials, where the production of Crude Palm Oil (CPO) and Crude Palm Kernel Oil (CPKO) reached 52.14 million tons in 2020.
18 Oct 2021 14:54
The Ministry of Industry continues to encourage the development of the downstream essential oil industry (IHMA) so that it can be more competitive. Moreover, Indonesia has the potential for the availability of diverse raw materials, even being home to about 40 types of essential plants from 99 types of essential plants in the world