Latest news with #easternIndonesia
Washington Post
10 hours ago
- Climate
- Washington Post
Dramatic ash cloud blankets sky in Indonesia as volcano erupts
A volcano in eastern Indonesia erupted Tuesday, blanketing the sky with a more than six-mile-high ash cloud and prompting authorities to raise the country's volcanic alert level. Mount Lewotobi Laki Laki started erupting Tuesday afternoon local time, spewing ash and gravel onto surrounding villages and prompting the National Disaster Management Agency (BNPB) to call on people to evacuate outside the impact radius.
The Guardian
15 hours ago
- The Guardian
Giant ash plume rises from Indonesia's Mount Lewotobi Laki-Laki volcano
Mount Lewotobi Laki-Laki volcano in eastern Indonesia erupted on Tuesday, sending towering columns of hot ash into the air and spewing an ash cloud 10km high, the country's volcanology agency said. Indonesian officials raised volcano alerts to their highest level after the eruption, while some flights between Bali and Australia were cancelled. Mount Lewotobi Laki-Laki erupted several times in November, killing nine people and forcing thousands to evacuate
Yahoo
22-05-2025
- Business
- Yahoo
Chevron Eyes Major Oil and Gas Assets in Indonesia
Chevron Corporation (NYSE:CVX) has shown interest in tapping into Indonesia's oil and gas assets with substantial reserves, according to Djoko Siswanto, head of the country's upstream regulator SKK Migas, who made the statement on May 20. Djoko noted that Chevron is evaluating blocks that could hold approximately 15 trillion cubic feet of gas, though the company is still in the early stages of assessing these opportunities. Chevron Corporation (NYSE:CVX) is one of the leading players in the global oil and gas industry, known for producing and marketing a wide array of refined products such as gasoline, diesel, jet and marine fuel, premium base oils, lubricants, and additives. It operates five refineries across the United States and maintains a strong retail presence through its Chevron and Texaco-branded service stations. As part of its renewed interest, Chevron Corporation (NYSE:CVX) may consider acquiring blocks in Bali or other regions in eastern Indonesia. Chevron's relationship with Indonesia dates back to 1924, when it first sent a geological team to explore the island of Sumatra. Over the decades, the company has extracted over 12 billion barrels of oil from the country's onshore and offshore fields. In partnership with the Indonesian government and other stakeholders, Chevron Corporation (NYSE:CVX)'s operations have contributed significantly to the local economy. However, in 2023, the company exited the country after divesting its interest in the Indonesia Deepwater Development (IDD) project, which had been delayed due to changes in the facility's design. While we acknowledge the potential of CVX to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than CVX and that has 100x upside potential, check out our report about this cheapest AI stock. READ MORE: and Disclosure. None. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
