Indonesian President Joko Widodo said on Wednesday that large parts of the nation's capital will sink below sea level if a $40 billion construction project, mired by accusations of corruption, does not go ahead.
A major briber
Indonesia's governor to the Organization of the Petroleum Exporting Countries (Opec) said on Monday that oil at $45 a barrel was "not bad" and that there would be no urgency to freeze output if crude remained at that price.
Indonesian state-owned energy company Pertamina hopes to seal a deal this year with an Indian refiner to process around 1 million barrels of Iraqi crude oil each month, its chief executive said.
"It is bet
Indonesia's Opec governor said on Monday a deal was imminent for importing Iranian condensate and liquefied petroleum gas, but not for crude oil.
A delegation of Indonesian oil officials will travel to Iran later this week to
Strong aftershocks rocked Indonesia early on Thursday after a massive undersea earthquake sparked fears of a region-wide disaster similar to the 2004 Indian Ocean quake and tsunami that killed more than 200,000 people.
A massive and shallow earthquake struck on Wednesday off the west coast of the Indonesian island of Sumatra, a region devastated by the 2004 Indian Ocean quake and tsunami, and there were early reports of deaths.
A tsunami alert w
Qatar's Nebras Power has agreed to acquire a 35.5 per cent stake held by French utility giant Engie in Indonesia's largest independent power producer PT Paiton Energy, Qatar News Agency has reported.
With a 2 gigawatt (
Australia issued a warning on Thursday about possible militant attacks being planned in Indonesia, only days after a similar warning for the Malaysian capital, another sign of rising concern over militancy in Southeast Asia.
A strong earthquake near an eastern Indonesian island knocked out telephone, radio communications and roads late on Friday, but there were no reported casualties, local residents and a government official said on Saturday.
Indonesian construction company Wijaya Karya (Wika) has signed a strategic partnership agreement with Jeddah-based construction firm Adil Makkah Contracting Corporation to launch its operations in Saudi Arabia, said a report.