Business and Investment
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PLN secures home charging service agreement with BYD Motor
State electricity company PT PLN has again set up collaboration with electric vehicle manufacturers to provide home charging services, securing this time an agreement with BYD Motor, currently the world’s biggest electric vehicel seller, to develop infrastructure and ecosystems for battery-based electric vehicles.
MIND ID, VCL & SMM signed share sale and purchase agreement
PT Mineral Industri Indonesia (MIND ID), together with Vale Canada Limited (VCL) and Sumitomo Metal Mining Co., Ltd. (SMM) signed a share sale and purchase agreement for the divestment of PT Vale Indonesia (INCO) in Jakarta on Monday, February 26, 2024.
BP Batam lures the US to build semiconductor plants in Batam Island
The Batam Indonesia Free Trade Zone Authority (BP Batam) is enticing the United States to choose Batam Island as the location to build semiconductor industrial plants.
Kamojang plant, 1st green hydrogen-based geothermal energy in ASEAN
The Kamojang Geothermal Power Plant (PLTP Kamojang) becomes the first producer of green hydrogen based geothermal energy in Southeast Asia after its Green Hydrogen Plant (GHP), which is the 22nd GHP built by State electricity company PT PLN, has been set to supply green hydrogen to the Senayan Hydrogen Refueling Station (HRS), the first such station in the region.
CERI blames MEBL for state losses in the Sale of State Part of Condensate
GARUT - The Centre of Energy and Resources Indonesia (CERI) considers PT Medco E&P Indonesia to have given an indifferent answer to the Upstream Oil and Gas Regulatory Task Force (SKK Migas) regarding the Sales Mechanism of State Part Condensate at Medco Energi Bengkanai Limited (MEBL) Production Sharing Contract in North Barito regency, Central Kalimantan province.
CGAS forges collaboration to build LNG Station, targets revenue surge
PT Citra Nusantara Gemilang (CGAS) is set to collaborate with PT GT Ladang Teknik and Jianyang Greenfir New Energy Equipment Co Ltd (GreenFir) to construct a 1.5 million standard cubic feet per day (MMSCFD) Liquefied Natural Gas (LNG) Station.
British & UAE oil companies join forces for exploration in Andaman Sea
A collaborative effort between British and United Arab Emirates (UAE) oil companies, Harbour Energy & Mubadala Energy, continues to intensify as they progress with advanced drilling operations to ascertain gas reserves in the Andaman Sea.
Indonesia's First! PLN Launches Green Hydrogen Refueling Station
In a significant milestone for Indonesia, State electricity company PT PLN, through its subholding PLN Indonesia Power, has officially launched the first hydrogen refueling station (HRS) in the country, located in Senayan, Jakarta.
PLN prepares hydrogen as alternative energy for future vehicles
President Director of State electricity company PT PLN, Darmawan Prasodjo, has suggested that hydrogen fuel cell vehicles as future transportation is much more efficient when compared to fuel-based, even electric vehicles.
Vale denies reaching agreement with MIND ID on divestment share price
PT Vale Indonesia, a subsidiary of Canadian company Vale, has denied the Indonesian government’s claim that Vale Indonesia and Indonesian state-owned mining holding company MIND ID had reached an agreement with the government on the price of divestment shares.
Pertamina Hulu Mahakam advances with US$ 300 million offshore field development
Pertamina Hulu Mahakam (PHM) has secured the final investment decision (FID) approval to proceed with the implementation of the more than US$ 300 million Offshore Field Development Project (OPLL-3B) in the Mahakam Block.
Vela Alpha: Indonesia's 'Flying Car' showcased at Singapore Airshow 2024
Vela Alpha, a drone developed by PT Dirgantara Indonesia or PTDI in collaboration with PT Vela Prima Nusantara, also known as Vela Aero, made its appearance at the Singapore Airshow 2024 aviation exhibition.