Energy and Resources
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PHR discovers oil and gas potential in South Sumatra
PT Pertamina Hulu Rokan (PHR) through the drilling of the Rotan River Downloack-1 exploration well in the PHE Jambi Merang working area (WK) in South Sumatra found oil and gas resources from the Baturaja Formation Limestone.
Deputy MPR Speaker calls attention to carbon trading potential
Deputy Speaker of the People's Consultative Assembly (MPR) Eddy D. Soeparno has joined the chorus inrevealing the importance of accelerating the governance of Carbon Economic Value (NEK) in order to utilize Indonesia's great potential in carbon trading.
ESDM clarifies speculation of Nickel Royalty hike to 15 percent
The Ministry of Energy and Mineral Resources (ESDM) has calmly responded to widespread speculation of planned increase in nickel royalties from 10 percent to 15 percent.
Indonesia fast-tracks nuclear power plant development to boost growth, sustainability
The government is determined to accelerate the target of building nuclear power plants (PLTN) in 2029-2032, a commitment stipulated in the draft of National Electricity General Plan (RUKN) 2025-2060.
Star Energy Geothermal-SLB to advance technology, boost efficiency
Star Energy Geothermal, a subsidiary of PT Barito Renewables Energy (BREN), is collaborating with global energy technology company SLB to accelerate technology in developing geothermal assets aimed at increasing the efficiency and economy of the company's geothermal assets.
Indonesia seeks US$1.1 T in investment for renewable energy transition by 2060
The Ministry of Energy and Mineral Resources (ESDM) is in need of US$1.1 trillion (Rp16,260 trillion) in investment to realize the national electricity general plan (RUKN) to establish a majority of new and renewable energy (EBT)-generated power plants by 2060.
Renewable energy generation capacity to reach 79 percent in 2060: Government
The government has projected that the power generation capacity in 2060 will reach 443 gigawatts (GW), some 79 percent of which will come from new renewable energy (EBT).
Government-ExxonMobil sign MoU on Petrochemical complex development
The Indonesian Coordinating Ministry for the Economyand ExxonMobil signed a Memorandum of Understanding (MoU) on Wednesday, January 22, 2025 to explore investment potential for the development of an advanced petrochemical complex in Indonesia.
PLN extends comprehensive strategy in support NZE 2060 goals
State power utility PT PLN has been working on a combination of renewable energy expansion, advanced carbon capture technologies, and modernized energy infrastructure to ensure sustainable and reliable electricity supply for the nation in support of the country’s Net Zero Emissions (NZE) target by 2060.
PLTS Singkarak to begin operation by 2027, boosting Indonesia's renewable energy goals
PT PLN Indonesia Power (PLN IP) has ensured that the 50-Megawatt (MW) Singkarak Floating Solar Power Plant (PLTS) on Lake Singkarak, West Sumatra, will start operating or commissioning on date (COD) in 2027. The PLTS was developed together with ACWA Power, an energy company from Saudi Arabia.
Govt asked to revoke controversial reclamation and sea sand mining regulation
The Indonesian Environmental Forum (WALHI) urges the government to abolish Government Regulation (PP) No. 26/2023 on reclamation and sea sand mining as it has the potential to damage the environment.