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RIYADH: Saudi power generation firm ACWA Power has signed an agreement for a new giga-scale green hydrogen project to expand its Indonesian portfolio. The Public Investment Fund-backed company has entered into a memorandum of understanding with the chemical manufacturing firm Pupuk Indonesia for the development of the project, according to a statement. The state-owned Pupuk
PT Pertamina Rosneft Processing and Petrokimia Pertamina Rosneft showed positive performance by accelerating the Grass Root Refinery GRR Tuban project.
By Bob Gill Overview Indonesia is the largest country in Southeast Asia. This applies in terms of geographical size (1.9 million sq. km); population (270 million people); and GDP ($1.1 trillion, 2019). However, while industrialization, urbanization, and an increasing population continue to drive energy demand upwards, the country has struggled to attain the self-sufficiency it should have given the generous reserves of both crude oil and natural gas that exist across the vast archipelago. Due to insufficient investment in the oil & gas industry, Indonesia, an ...