Gov’t prioritizing oil and gas basin exploration in eastern Indonesia
Jakarta (ANTARA) – The Indonesian government has currently set its sights on the exploration of oil and gas basins in five areas in eastern Indonesia namely Buton, Warin, Timor, Seram, and Aru.
Thailand’s PTTEP boosts investment in UAE after Eni deal
PTT Exploration & Production (BKK:PTTEP) will expand its investment in the United Arab Emirates (UAE) by acquiring a 25% stake in Area C onshore block from Italy’s Eni. The state-backed Thai upstream player said the investment fits with its strategic focus on prolific petroleum areas in the Middle East.
ExxonMobil stares down China for Vietnam gas
Vietnam’s long-delayed Blue Whale offshore gas development project may be closer to pumping after operator and majority owner ExxonMobil said last week it was working on a final development plan for the field, which sits 80 kilometers off the central coast.
Sri Mulyani: Tobacco Tax Increase Hoped to Slash Cigarette Production
TEMPO.CO, Jakarta – Finance Minister Sri Mulyani Indrawati on Monday hoped the increased tobacco tax rates in 2022 will eventually reduce domestic cigarette production by three percent in 2022 to 310 billion cigarettes.
Official vouches for Indonesia’s huge potential to develop EV industry
Jakarta (ANTARA) – Head of Presidential Staff Moeldoko accentuated that Indonesia has vast potential to become self-sufficient in developing its own electric vehicle industry.
South Korea’s offer to rehabilitate Bataan Nuclear Power Plant still stands, says PNRI exec
The offer of South Korea to rehabilitate the mothballed Bataan Nuclear Power Plant (BNPP) still stands, the Philippine Nuclear Research Institute of the Department of Science and Technology (DOST-PNRI) said Monday, Dec. 6.
Singapore floating PV company targeting offshore expansion
As the International Renewable Energy Agency (IRENA) has noted, floating PV (FPV) is a growing niche, but within that niche, like a Russian doll, is the smaller but similarly growing niche of offshore FPV.
Energy from hydroelectric dams able to generate revenue for Sarawak, says state utilities minister
KUCHING, Dec 5 — The construction of mega hydroelectric dams in the state such as Bakun, Murum and the latest in Baleh, which is in the midst of construction, had not been in vain as they have proven to generate huge revenue for the state government through electricity exports other than domestic use.
