SUBSCRIBERS
Pertamina to go solo on Balongan refinery
Published Tue, Jan 31, 2017 · 09:50 PM
Jakarta
INDONESIAN energy company Pertamina will proceed with an upgrade of its Balongan refinery without a partner, company officials said on Monday.
The decision to go it alone on the project, which is on the north coast of Java, comes after the expiry in November of an initial agreement with Saudi Aramco from 2015 on upgrades of the Balongan and Dumai refineries. The state-o…
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Energy & Commodities
Gold edges down as Middle East worries ebb
Oil rises as dollar slips, focus shifts to economic data
California to wrap up ExxonMobil plastics probe ‘in weeks’, AG says
Gold edges higher; hovers near one-week low on tempered Middle East fears
Why has gold’s inverse relationship with the US dollar reversed?
Oil futures fall as fears of a wider Middle East war fade