News

The Bright Future of Clean Energy

With high-stakes climate negotiations just around the corner, things are looking rosy for the producers and sellers of wind turbines and solar panels. In just a couple weeks, world leaders will gather in Paris to hash out a global agreement to combat climate change. On Thursday, top diplomats from the...

Eight Major Economies Vow to Double Renewable Energy by 2030

Renewable energy supply is set to double collectively in eight major economies by 2030 spurred on by new national climate and energy plans, according to new analysis by World Resources Institute (WRI). These renewable energy levels will be 18 percent higher in 2030 than previously projected growth rates, WRI...

What Data Mining News Coverage Can Teach Us About Global Events

What can massive data mining of global news coverage tell us about the economic sanctions against Russia or global reaction to China’s economic slowdown? The Cross Country Emerging Markets Unit at BBVA Research recently produced a reportsummarizing their work on tracking geopolitical and social events. In the report, they...

Saudi Minister Says Asia Will Drive Oil Demand

Oil demand will soon reflect the “attractiveness” of the current level of crude prices, and Asia will be a vital engine of economic expansion for decades, Saudi Oil Minister Ali al-Naimi said. OPEC’s chief joined him in seeing Asia as the main hub for growth. Oil demand in Asia will rise...

RI, Finland Seal economic, Energy Deals

Indonesia and Finland agreed on Tuesday to enhance economic ties and forge cooperation in the renewable energy sector, an area some see as a feasible entry point for many Finnish businesses given Indonesia’s need for renewable energy. The commitment was made following a bilateral meeting between President Joko “Jokowi” Widodo...

OPEC Infighting Reaching Critical Levels

Shell provided an update on its pending merger with BG Group (LON: BG). Following its dreadful quarterly earnings report, Shell provided another defense of its BG purchase, which it says will provide greater savings than previously expected. The tie up will be profitable even if oil prices range in...

The World’s Highest Grade Gold Mines

The grade or concentration of a mineral or metal in ore directly affects costs associated with mining as well as its subsequent beneficiation and extraction of precious components. Under otherwise equal conditions, a lower grade means a higher cost per unit weight of extracted metal making high-grade ore deposits a...

TITAN Run 2015: Going to The Next Level

TITAN Group held a sport event titled TITAN Run 2015: Going to The Next Level in Alam Sutra, South Tangerang, Banten, on Saturday (08/08/2015). The event that is held annually, had attracted more than 2,600 participants. “This year, the theme of the event is being adapted from the company, which...

Former Energy Official Imprisoned for 6 Years for Corruption

Former secretary general at the Energy and Mineral Resources Ministry Waryono Karno was sentenced to six years’ imprisonment by the Jakarta Corruption Court on Wednesday. Waryono was also required to pay Rp 300 million (US$20,750) in fines. Previously, the prosecutors had demanded that Waryono be sentenced to nine years and...