14 Jun 2021 22:39
Cargill is building a new US$200 million palm oil refinery in Lampung, Indonesia. Construction of this new state-of-the-art refinery has begun, and construction is expected to be completed by the end of 2022.
Cargill builds palm oil refinery in Lampung
29 Apr 2021 09:37
PT Cisadane Sawit Raya Tbk (CSRA) booked sales revenues of IDR 607.25 billion during FY20, increased 23.4% compared to the same period last year.
CSRA reports IDR 607.25 billion revenue in 2020
27 Apr 2021 13:11
PT Pertamina (Persero) anticipated the sudden increase in fuel oil (BBM) and liquefied petroleum gas (LPG) consumption despite the homecoming ban applied this year.
Nearing Eid, Pertamina anticipates the surge in gasoline consumption
22 Jan 2021 10:52
PT Pertamina (Persero) has just launched a VLCC (Very Large Crude Carrier), or a large oil carrier, with a capacity of 2.04 million barrels.
Pertamina launches crude carrier with 2.04 million barrels capacity
01 Dec 2020 07:16
PT Elnusa Tbk (ELSA) is developing the chemical enhanced oil recovery (EOR) technology in order to optimise national oil and gas production.
Elnusa develops EOR technology to optimise production
01 Oct 2020 13:22
Royal Dutch Shell PLC has announced that it will slash up to 9,000 jobs or over 10% of its global workforce as part of its effort to transition to low-carbon energy.
Shell to slash up to 9,000 jobs as part of low-carbon transition
09 Sep 2020 11:55
PT Kilang Pertamina Balikpapan, a subsidiary of state-owned energy firm PT Pertamina (Persero), exported 200,000 barrels or 31,800 kl of 50 ppm sulphur HSD to Malaysia on 5 September 2020.
Kilang Pertamina Balikpapan exports US$9.5 billion worth of HSD to Malaysia
30 Jul 2020 13:34
State-owned energy firm PT Pertamina (Persero) is reportedly negotiating the acquisition of US$4.5 billion worth of energy assets in Africa from Occidental Petroleum Corp.
Pertamina mulls acquisition of US$4.5 billion energy assets from Occidental Petroleum
18 Jun 2020 10:42
Revenue of PT Elnusa Tbk (ELSA) grew 8.1% on an annual basis from Rp 1.9 trillion in the first quarter of 2019 to Rp 2.06 trillion in the first quarter of 2020.
Elnusa records 8.1% growth in first quarter revenue08 Jun 2020 12:41
Global oil prices have surged on Monday (8/6) after the Organization of the Petroleum Exporting Countries+’s (OPEC+) announced on Saturday (6/6) that production cuts will be extended to the end of July.
Oil prices surge as OPEC+ extends production cuts