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7 Articles

Created: 2026/05/29 16:28

Updated: 2026/05/29 16:28

Mubadala Energy secures new gas block off Indonesia coast

Mubadala Energy, a wholly owned unit of Abu Dhabi sovereign wealth fund Mubadala, has secured a new natural gas concession in Indonesia’s Andaman Sea, with the

Author: Agbi

2026/03/26

Mubadala Energy recruits SLB for Indonesia offshore gas project

The UAE’s Mubadala Energy has awarded oilfield services company SLB “multiple” contracts to drill for offshore natural gas at Indonesia’s Tangkulo deepwater development

Author: Agbi

2026/02/13

Volatile Oil Prices Spur Indonesian Energy Tycoon To Get Gung-Ho On Gas

The post Volatile Oil Prices Spur Indonesian Energy Tycoon To Get Gung-Ho On Gas appeared on BitcoinEthereumNews.com. Hilmi Panigoro. Toto Santiko Budi for Forbes Asia This story is part of Forbes’ coverage of Indonesia’s Richest 2025. See the full list here. Oil and gas tycoon Hilmi Panigoro’s Medco Energi Internasional is in expansion mode as it seeks to boost gas output to counter volatile oil prices. In July, it bought energy giant Repsol’s 24% stake in Corridor Block, the country’s third-largest gas producing field, for $425 million, raising its ownership to 70%. In September, it spent $90 million to increase its holdings in two fields nearby, which are slated to begin production by 2027. In a July statement, Panigoro, Medco’s president director, said the Corridor Block investment, “supports our strategy of owning and developing high-quality, cash-generative assets and reaffirms our commitment to national development where natural gas is a vital bridge to a lower-carbon future.” For the first nine months of this year, Medco’s sales flatlined at $1.8 billion from a year ago while its bottom line declined by two-thirds to $86 million, impacted by a drop in oil prices. Unfazed, Panigoro has earmarked an additional $430 million toward capital expenditure for next year. Source: https://www.forbes.com/sites/yessarrosendar/2025/12/10/volatile-oil-prices-spur-indonesian-energy-tycoon-to-get-gung-ho-on-gas/

Author: BitcoinEthereumNews

2025/12/11

Fed’s Recent Moves Energize Crypto Markets

The Federal Reserve's decisions impact both traditional and cryptocurrency markets significantly. Recent U.S. Continue Reading:Fed’s Recent Moves Energize Crypto Markets The post Fed’s Recent Moves Energize Crypto Markets appeared first on COINTURK NEWS.

Author: Coinstats

2025/12/03

Mubadala Energy strikes deal for gas supply to Indonesia

The UAE’s Mubadala Energy and PLN Energi Primer Indonesia, a subsidiary of state-owned utility company PLN, have signed a “heads of agreement” deal for gas supply from a field in the Andaman Sea. Such a deal is non-binding and outlines the key terms of a proposed pact. The wholly owned unit of Mubadala will supply gas to Indonesia’s North Sumatra and Aceh provinces from […]

Author: Agbi

2025/12/01

Federal Reserve’s Potential Rate Cut Boosts Crypto Hope

Amid growing speculation, an 82.9% chance emerges for a Federal Reserve rate cut, energizing crypto markets.Read more...

Author: Coinstats

2025/11/27

XRP Treasury Firm VivoPower's Tembo Secures Energi Investment, Valuing $200 Million

PANews reported on August 18th that XRP treasury company VivoPower announced an agreement with Energi for a 51% stake in Tembo e-LV BV through a PIPE investment, with a total

2025/08/18

Latest Articles

Energi

Mubadala Energy secures new gas block off Indonesia coast

Mubadala Energy recruits SLB for Indonesia offshore gas project

Volatile Oil Prices Spur Indonesian Energy Tycoon To Get Gung-Ho On Gas

Fed’s Recent Moves Energize Crypto Markets

Mubadala Energy strikes deal for gas supply to Indonesia

Federal Reserve’s Potential Rate Cut Boosts Crypto Hope

XRP Treasury Firm VivoPower's Tembo Secures Energi Investment, Valuing $200 Million

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