Sunday, July 20, 2025
  • Login
GoTradingAsia
  • Awards
  • Forex
  • Crypto
  • Stocks
  • Education
  • Broker Directory
  • Contact us
No Result
View All Result
GoTradingAsia
  • Awards
  • Forex
  • Crypto
  • Stocks
  • Education
  • Broker Directory
  • Contact us
No Result
View All Result
GoTradingAsia
No Result
View All Result

Indonesia: Pertamina Attempts to Become Green

miraimaniar by miraimaniar
5 years ago
in Business News
Photo by Rock Staar at Unsplash

Photo by Rock Staar at Unsplash

Global warming is urging a lot of businesses to integrate sustainability in their practices. PT Pertamina Indonesia is one of the companies that realize the importance of sustainability practices in business. The company has recently revealed its plans to shift into a more sustainable business.

Pertamina Indonesia: more focus on biorefinery

As a part of Pertamina’s commitment to becoming green, the company has been experimenting in biomass-energy conversion. Last year, Pertamina went on a series of experimentation to produce D100 Green Diesel. At least 1,000 barrels of pure palm oil was spent daily for the trials.

PT Pertamina’s President Director, Nicke Widyawati seem to be vocally satisfied with the D100 Green Diesel. According to the Jakarta Post, Widyawati marks the D100 Green Diesel as a commitment from Pertamina to realize the Nawacita initiative. First professed by the government, Nawacita initiative intends to optimize domestic natural resources utilization for national energy security, self-sufficiency, and sovereignty.

D100 Green Diesel is not the only biorefinery Pertamina has successfully realized. Previously, the largest oil and gas company in Indonesia finished the mandatory B30 biodiesel program standard. The biodiesel helps the country saves foreign exchange reserves, as well as diesel imports reliance, reduces emission, as well as opening up more employment.

RelatedArticle

How AI and Machine Learning Transforming Trading Strategies

GameStop Shares Surge Roaring $116 Million Position

Profits of 5 Global Banks High Despite ECB Rate Cut

Dominate Your Business with AI

Fuel companies around the world’s efforts on being “green”

Fuel businesses have taken several measures to become much more sustainable. Taking cleaner energy and diversified energy resources as their focus are two of the existing methods. While such a smoother shift to gas may benefit the exploration and production sector, it is also expected to bring strong investments through the low carbon energy business. Several big oil companies, such as BP and Shell, have revealed to commence with this strategy.

Businesses in America are taking the advantage of shale and other available alternative sources. With this method, companies can parallelly focus on short-cycle unconventional resources and selecting high-return conventional projects. Chevron, Exxon Mobil and Conoco Phillips implement this strategy.

Read also: Shell to Lay Off Thousands of Employees

Follow and join us on Youtube, Instagram, Facebook, and Twitter to be part of the trader community in Asia

Tags: fuelfuelsgreen businessgreen energyIndonesiaoil and gasPertamina
miraimaniar

miraimaniar

“You can make anything by writing.” ― C.S. Lewis

Related Posts

How AI and Machine Learning Transforming Trading Strategies

AI and Machine learning in trading. Illustration of a business professional shaking hands with a robot. The robot is emerging from a large smartphone screen. Surrounding the smartphone are various technological and financial icons, including a light bulb, blockchain symbols, a microchip, graphs, and currency symbols, representing the integration of artificial intelligence in business. The background is a light blue color. That simbolyse about AI impact on business efficiency.
by oney
November 1, 2024

The integration of AI and machine learning into the financial markets is revolutionizing trading strategies, enhancing algorithmic trading, and equipping...

Read more

GameStop Shares Surge Roaring $116 Million Position

GameStop shares surge
by oney
October 30, 2024

In a dramatic turn of events, GameStop shares surged 80% following a significant reveal by the well-known trader Keith Gill,...

Read more

Profits of 5 Global Banks High Despite ECB Rate Cut

central bank policy decisions, profits of global banks
by oney
October 22, 2024

Introduction Despite the recent rate cut by the European Central Bank (ECB), the profits of five major global banks are...

Read more

Dominate Your Business with AI

AI and Machine learning in trading. Illustration of a business professional shaking hands with a robot. The robot is emerging from a large smartphone screen. Surrounding the smartphone are various technological and financial icons, including a light bulb, blockchain symbols, a microchip, graphs, and currency symbols, representing the integration of artificial intelligence in business. The background is a light blue color. That simbolyse about AI impact on business efficiency.
by oney
October 14, 2024

Advancements in AI technology open up significant opportunities for various industries. However, with the multitude of options and the complexity...

Read more
Load More
Next Post
whatsapp mute

WhatsApp Releases a New Feature: "Mute" a Chat Forever

Trending Issues

  • start-up

    5 Facts in the Story of a Start-Up KDrama (Part 1)

    0 shares
    Share 0 Tweet 0
  • Everyone can Make Money while Sleeping!

    0 shares
    Share 0 Tweet 0
  • Malaysian PM to side with China rather than the U.S.

    0 shares
    Share 0 Tweet 0
  • Cristiano Ronaldo and His 6 Successful Businesses

    0 shares
    Share 0 Tweet 0
  • Stock Trading 101: Defining a Stock Index

    0 shares
    Share 0 Tweet 0

Get the latest market news and trading tips to your inbox daily, subscribe now !

Topic

  • Asia News
  • Asia Trade
  • Bonus+Promotions
  • Broker News
  • Business News
  • Cryptocurrency
  • Currency Analysis
  • Finance News
  • Forex & Market
  • Forex Tips
  • Hot News
  • Investment Tips
  • Learn to Trade
  • Market Analysis
  • Politics Issue
  • Reviews
  • Social Media
  • Stock Analysis
  • Stock Market
  • Stock Trading Tips
  • Technical Analysis
  • Tips
  • trading strategy
Go Trading Asia

Go Trading Asia covers the latest in Business and Economic News and Market Analysis, with the aim of Providing Readers with the knowledge and tools to make better informed financial decisions.

  • Contact us
  • Privacy Policy
  • Disclaimer

© 2021 Go Trading Asia.

No Result
View All Result
  • Awards
  • Forex
  • Crypto
  • Stocks
  • Education
  • Broker Directory
  • Contact us

© 2021 Go Trading Asia.

Welcome Back!

Login to your account below

Forgotten Password?

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In