Energy and Resources
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Nickel smelters association asks govt to delay new royalties implementation
The Indonesian Nickel Smelters Association (FINI) has requested the government to delay the implementation of new royalties on nickel ore until the price of nickel on the international market − the London Metal Exchange (LME) − reaches US$17,000 per metric ton in contrast to the current three-month nickel contract on the LME of some $15,600 per ton.
Pertamina, Hyundai join forces to turn waste into hydrogen fuel in Bandung
PT Pertamina (Persero) is collaborating with Hyundai Motor Group and the West Java Provincial Government to build a waste-to-hydrogen (W2H) ecosystem in Bandung, West Java. The ecosystem can utilize waste into hydrogen fuel.
Bahlil to meet Saudi counterpart to boost mining, energy cooperation
Minister of Energy and Mineral Resources (ESDM) Bahlil Lahadalia has revealed of a planned meeting with the Minister of Industry and Mineral Resources of Saudi Arabia, Banda Al-Khorayef.
PLN boosts green energy push with geothermal plant in Maluku, eyes external funding
State power utility company PT PLN has confirmed that it will open several funding sources for the construction of a geothermal power plant (PLTP) in Maluku, in accordance with the direction of the Minister of Energy and Mineral Resources (ESDM) Bahlil Lahadalia.
RI eyes US$800 B growth boost as Russian investors interested in strategic sectors
Coordinating Minister for the Economy, Airlangga Hartarto, said that Russian investors are interested in investing in Indonesia’s mining and energy sectors under the Daya Anagata Nusantara Investment Management Agency (BP Nusantara).
Inpex officially begins initial design phase of Abadi Masela LNG Project
The Abadi LNG Project management consortium consisting of Japanese Oil and Gas Explorer Inpex Masela, Ltd. (Inpex), State energy E&P Pertamina Hulu Energi Masela (PHE Masela), and Malaysian Petronas Masela Sdn. Bhd. (Petronas Masela) has officially begun the initial design phase of the project or Onshore LNG Front-End Engineering Design (OLNG-FEED).
SKK Migas pushes for early final investment decision on Masela block
The Upstream Oil and Gas Regulatory Task Force (SKK Migas) has requested that the final investment decision (FID) for the Masela Block project be completed in 2026 or ahead of the initial target of 2027.
Inpex asked to immediately sign HoA on Masela Gas sales for domestic market
The Upstream Oil and Gas Regulatory Task Force (SKK Migas) is pushing for the acceleration of gas commercialization from the Abadi Masela Block project worked on by Japanese Oil and Gas Explorer, Inpex Masela Ltd.
Pani gold project set to become Indonesia's largest primary gold mine by 2026
Gold mining company PT Merdeka Copper Gold (MDKA) has reported significant progress of the Pani gold project located in Gorontalo Province, which is projected to be the largest primary gold mine in Indonesia.
Trump's policy triggers global trade restructuring, oil prices to plummet: Expert
The reciprocal tariff policy of United States President Donald J. Trump against a number of trading partner countries has the potential to trigger restructuring of international trade, which is anticipated to lead to global economic slowdown and a sharp decline in world oil prices and in particular affecting the Indonesian economy, says an expert.
Indef warns of major hurdles in achieving 2025 oil and gas lifting target
An independent and autonomous research and policy studies institution, the Institute for Development of Economics and Finance (Indef), has revealed a number of challenges in achieving the target of oil and gas lifting in 2025.
Indonesia speeds up geothermal development in Maluku to cut fossil fuel dependence
Minister of Energy and Mineral Resources (ESDM), Bahlil Lahadalia, has asked state electricity company PT PLN to immediately build a geothermal power plant (PLTP) with a capacity of 40 Megawatts (MW) in Maluku to provide access to clean energy to all people in the province.