Wilda Asmarini
Stories by Wilda Asmarini
Indonesia’s Pertamina plans $133b capital spending over six years
Initial public offerings would be part of Pertamina’s fundraising strategy.
Indonesia state miner secures financing to acquire a stake in Vale Indonesia
The stake is likely to be valued at more than $400 million, but less than $500 million.
Indonesia asks China to set up special fund under Belt and Road initiative
It offers China projects worth $91 billion.
Six foreign-controlled miners in Indonesia to divest shares to meet regulations
The six companies include Vale Indonesia and gold miner Nusa Hamahera Mineral, 75% controlled by Newcrest Mining.
Freeport, Rio sell majority stake in Grasberg mine to Indonesia for $3.85b
The sale brings Freeport close to ending more than nine years of often fractious negotiations with Indonesia over ownership rights to Grasberg.
Indonesia’s Pertamina to take over Chevron’s Rokan block in 2021
Rokan has been a focus area for Chevron, which asked Indonesia earlier this year to extend its operating contract beyond 2021.
Indonesia’s Pertamina seeks nod to divest assets to shield from risks
Pertamina wants to divest to help maintain its long-term financial condition, and to avoid risking too much in any one particular asset class.
Indonesian president wants to wrap up talks over purchase of Freeport unit by end-April
The government, through a state-owned company, will buy the shares in PT Freeport Indonesia at "a reasonable price," including by acquiring Rio Tinto'
Indonesia’s Pertamina picks Cosmo Energy, Oman’s OOG for $10b refinery
Indonesia is one of Southeast Asia's biggest fuel importers.
Indonesia lays foundation for transfer of Grasberg copper mine to local control
Indonesia and Papua have long pushed for greater control over Grasberg and the new ownership structure may ease tensions.