United States oil producer ExxonMobil has set a price of US$121 million for state-owned energy giant Pertamina to acquire its 45 percent participating interest in the Jambaran-Tiung Biru (JTB) field in Central Java. At present, the JTB field is jointly … Continue reading →
Bali Hydro System Company Ltd., a Hong Kong-based corporation, has expressed interest to invest in Pekalongan, Central Java. Pekalongan Mayor Asip Kholbihi stated here on Wednesday that the town has economic potential and abundant natural resources that could serve as a … Continue reading →
China Communications Construction Group (CCCG) through its subsidiary PT China Harbor Jakarta Real Estate Development officially started the construction of Daan Mogot City or Damoci in West Jakarta. The first phase of investment fund of Rp 4 trillion is prioritized … Continue reading →
The Energy and Mineral Resources Ministry has issued Ministerial Decree No. 47/2017 on the mechanisms of investment return in upstream oil and gas business to amend the previous Decree No. 26/2017 on the same matter. The decree, signed by Energy … Continue reading →
The Surabaya-Madura Development Agency (BPWS) held the Suramadu Investment Gathering at the Investment Coordinating Board’s (BKPM) building in Jakarta, July 31. The event was held as the central government’s form of support to regional governments to spur investments. The gathering … Continue reading →