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View all search resultsPrior to his appearance with Putin at last week's Victory Day event, Xi signaled a new chapter in Beijing's energy diplomacy by signing a bilateral agreement on a new pipeline in defiance of Washington's attempt to isolate Moscow, setting the stage for sharper tensions in the China-US great power rivalry.
Danantara has signed additional deals with private companies in Saudi Arabia, which has emerged as Indonesia's top Middle Eastern trading partner over the past five years with an estimated $31.5 billion.
President Prabowo Subianto has officially launched the initial production of the Forel and Terubuk oil and gas fields located in the South Natuna Sea Block B, Riau Islands Province. The block is operated by Medco E&P Natuna Ltd., a subsidiary of PT Medco Energi Internasional. This milestone aligns with the government’s drive toward energy self-sufficiency and is further bolstered by signs of renewed interest from global energy giants Chevron Corporation and TotalEnergies, both of whom had previously exited Indonesia due to shifting oil and gas regulations.