Indonesia dials back its energy prospects on April 30, 2017Joint venture energy giants Inpex Corp and Royal Dutch Shell plc have remained quiet on whether they will continue to pursue the development of the massive Masela natural gas project in eastern Indonesia’s Arafura Sea after the government’s surprise decision to move its processing facility onshore. Neither company has spoken publicly about the official decision […]
No fast tracks in Indonesia on April 24, 2017Over the past two decades, Bangkok has made great strides in public transport, building the so-called Skytrain and a subway in the expectation it would relieve the once-canal-laced city’s epic traffic jams. Yet a recent survey still ranked Thailand’s capital the second most congested city in the world. Mexico City was the worst, but coming […]
Twists and turns in tortuous Indonesian mining dispute on March 6, 2017American mining giant Freeport McMoRan Copper & Gold Inc has shut down production, retrenched 1,400 workers at its high-altitude Grasberg mine and put thousands on furlough as it faces the prospect of an uncertain future in a climatic stand-off with the Indonesian government. The company issued a 120-day ultimatum on February 17, warning it will […]