Pertamina EP Discovers 133 Million Barrels of Oil Reserves and Surpasses Production Targets

In a significant development for Indonesia’s energy sector, state-owned operator Pertamina EP has announced the discovery of new oil and gas reserves, estimated at 133 million barrels of oil equivalent (MMBOE). This find marks a crucial milestone in the company’s ongoing efforts to bolster domestic energy security and sustain production levels amidst shifting global market … Read more

Top Indonesian Banks Announce Massive Dividends: CIMB Niaga Leads with Rp4.07 Trillion

PT Bank CIMB Niaga Tbk (BNGA) has approved a substantial cash dividend payout of Rp4.07 trillion for the 2025 financial year, following its Annual General Meeting of Shareholders (RUPST) held on Friday, 17 April 2026. The decision, confirmed in official meeting minutes and widely reported by financial outlets, represents approximately 60% of the bank’s net … Read more