Eko Listiyorini

Freeport cedes Grasberg mine to Indonesia in $3.9b deal

State-owned Inalum will pay that amount for a 51% stake, increasing the nation’s holding from just over 9 percent, in a three-way pact that also sees Rio Tinto Group cash out on its economic interest in the mine for $3.5 billion.

Indonesia to woo oil and gas majors via Europe, US roadshows

Indonesia’s Energy and Mineral Resources Ministry will seek bids for as many as 40 oil and gas blocks this week.

Freeport agrees to cede majority ownership of Grasberg mine to Indonesia owners

Freeport will have to sell 41.64% of its stake in the copper and gold mine.

Indonesia seeks Chevron, Conoco proposals amid energy investment drive

Indonesia, a former OPEC member, is seeking to reverse a decline in energy investments.