Energy and Resources
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Trump's EV policy shift sparks concerns for Indonesia's nickel industry, SE Asia's supply chain
U.S. President Donald Trump's policy in revoking electric vehicle (EV) incentives raises concerns on the impact to Indonesia's vital nickel sector, simultaneously creating a domino effect across Southeast Asia's vehicle and other related industries, a report by the South China Morning Post reveals.
Germany takes over leadership of RI’s JETP climate funding as U.S. steps down
Indonesia's Just Energy Transition Partnership (JETP) Secretariat has confirmed that the International Partners Group (IPG) member Germany would take over the U.S. leadership role, with donors such as France and the European Union (EU) appreciating Germany for stepping in to lead JETP climate funding in Indonesia, a report by jakartaglobe.id reveals.
ESDM ministry selective on downstream, energy resilience policy implementation
Deputy Minister of Energy and Mineral Resource (ESDM), Yuliot Tanjung, says that Presidential Decree (Keppres) No. 1/2025 on the establishment of Task Force for the Acceleration of Downstream and National Energy Resilience is meant to encourage cross-sectoral integration in achieving the national oil and gas production target.
Indonesia and EGA strengthen aluminum production partnership
Coordinating Minister for the Economy Airlangga Hartarto recently met with Abdulnasser Ibrahim Saif Bin Kalban, CEO of Emirate Global Aluminium (EGA), discussing the continuation of cooperation in developing aluminium production through the development of a smelter that processes bauxite in Indonesia.
PTFI accelerates smelter repairs, seeking export relaxation extension amid recovery efforts
PT Freeport Indonesia (PTFI) is accelerating the process of repairing smelter facilities by installing replacement equipment at the Java Integrated Industrial and Ports Estate (JIIPE), Gresik, East Java.
Pertamina converts flare gas into electricity to promote clean energy
Two subsidiaries of State energy company PT Pertamina − Pertamina New & Renewable Energy (Pertamina NRE) and PT Kilang Pertamina Internasional (KPI) − have signed a Head of Agreement (HOA) to develop the Flare Gas into electricity.
RI holds back green electricity exports to S’pore, demands reciprocity for energy deal
Minister of Energy and Mineral Resources (ESDM), Bahlil Lahadalia, says that he is still holding back the green electricity export permit to Singapore as the neigboring country has yet to provide any in return to Indonesia.
PLN secures €6.5M grant from EU, AFD to accelerate clean energy transition
State energy utility company PT PLN has received a grant of €6.5 million (Rp110 billion) from the European Union (EU) and the Agence Française de Développement (AFD) in assistance to Indonesia’s energy transition agenda.
Indonesia plans domestic LPG production plant to reduce import dependency
Minister of Energy and Mineral Resources (ESDM), Bahlil Lahadalia, said the government has planned to build a liquefied petroleum gas (LPG) production plant in Indonesia, as an effort to meet the supply for LPG consumption which is dominated by imports.
Indonesia needs US$235 billion for renewable energy transition: PLN
President Director of State Power Utility PT PLN, Darmawan Prasodjo, has suggested that Indonesia needs funds of US$235 billion to connect new renewable energy (EBT) project with electricity demand centers.
SOEs’ profits predicted to decrease due to crack spread at Pertamina refinery
The Ministry of State-Owned Enterprises (SOEs) has etimated that profits of Indonesian SOE in 2024 will experience a slight decline due to the narrowing of crack spread at State energy company PT Pertamina’s oil refinery, which has an impact on decreased profitability of the energy sector.
PHE announces largest exploration discovery in 15 years, a boost in nat’l energy security
PT Pertamina Hulu Energi (PHE), Upstream oil and gas subholding of State energy company PT Pertamina, discovered 652 million barrels of oil equivalent (MMBOE) in 2024, the largest exploration reserve discovery in the last 15 years.