Indonesia Increases Aviation Fuel Fees

International energy company Mubadala Energy announced the award of a Production Sharing Contract for the Southwest Andaman block in Indonesia. The block is a strategic addition to the company's existing assets in the region, building on successful Layaran and Tangkulo discoveries.

Indonesian President Prabowo Subianto will attend the inaugural US Peace Council meeting and sign a free trade agreement with the US. He will use this platform to advocate for Palestinian rights and promote Gaza's reconstruction.

Mohammad Reza Khaled, a major Indonesian oil tycoon, is suspected of involvement in a $17 billion corruption scandal. Interpol has issued an arrest warrant for him.

In a decade, Indonesia became the top nickel producer with China's help. Now, with falling EV battery demand and a shift in Chinese manufacturers' strategy, a global nickel surplus has emerged.