Malaysia’s Bumi Armada inks deal for LNG development in Indonesia

Indonesia extends validity of mining production plans to three years

Sept 13 (Reuters) – Malaysia’s Bumi Armada (BUAB.KL) on Wednesday said it has signed a deal with a subsidiary of Indonesian energy company Pertamina and natural gas trading company PT Davenergy Mulia Perkasa for development and commercialization of liquefied natural gas (LNG). Under the deal, the companies will record key principles to develop and commercialize … Read more

Indonesia govt to create a mechanism for rollout of B35 biodiesel policy

JAKARTA, Dec 6 (Reuters) – Indonesia’s president has asked the government to create a mechanism next year to ensure the rollout of B35 biodiesel, a senior minister said on Tuesday. B35 is a fuel containing a 35% mix of palm oil-based fuel. Indonesia, the world’s top palm oil producer, currently has a mandatory 30% mix … Read more