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View all search resultsChina is currently leading the energy transition in terms of competitive advantage as the Middle East crisis exposes the deep divide between petrostates and electrostates, and although Europe has begun to strategize its shift to clean power, sustained financing remains a crux.
Pertamina will partner with foreign investors to develop a strategic crude oil storage facility in Sumatra, aiming to increase the national reserves storage capacity to 90 days, a senior government official has said.
Russian Ambassador to Indonesia Sergei Gennadievich Tolchenov reasserted the country's readiness to advance energy cooperation with Indonesia, including through investments in and trade of oil and gas as well as assisting in building nuclear power plants.
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