Energy and Resources
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Freeport, government still finalizing 12 percent share divestment deal
President Director of copper and gold miner PT Freeport Indonesia, Tony Wenas, has clarified that discussions on the government’s planned acquisition of an additional 12 percent stake in the mining company are still ongoing, despite earlier statements from the Investment Minister suggesting that the deal has been agreed upon.
Indonesia's climate action inconsistency raises credibility concerns
Indonesia is facing growing scrutiny over its climate action, as the country falls behind in its mitigation strategies despite a decade passing since the Paris Agreement and that it has yet to demonstrate consistent progress in reducing emissions, raising concerns about its credibility as a climate-conscious nation.
Energy trilemma: Extractive projects, funding and social-environmental impacts
A new report by Recourse and Trend Asia has uncovered the energy trilemma in extractive energy projects in contrast to their funding practices and impacts to the community and the environment.
Indonesian listed firms race to tap waste-to-energy market amid government push
The waste-to-energy (WtE) business is drawing increasing attention from Indonesian listed companies, with firms such as PT TBS Energi Utama (TOBA), PT Maharaksa Biru Energi (OASA), and PT Astrindo Nusantara Infrastruktur (BIPI) preparing to expand their presence in the sector.
Xurya expands into off-grid solar, IPP projects to support Indonesia’s energy transition
Solar power leasing company Xurya has announced a major business expansion into off-grid solar systems for the commercial & industrial segment as well as Independent Power Producer (IPP) projects.
Finance Minister criticizes Pertamina over refinery delays as energy subsidies soar
Minister of Finance, Purbaya Yudhi Sadewa, has voiced concern over the country’s ballooning energy subsidies, placing part of the blame on state-owned energy giant Pertamina for failing to build new oil refineries.
Danantara-PLN launch waste-to-energy project to tackle Indonesia’s trash crisis
PT Danantara Investment Management has partnered with State power utility PT PLN to develop a waste-to-energy (WtE) project, converting household waste into renewable electricity through incinerator technology, with PLN going to serve as the primary buyer of the electricity generated from the facilities.
Indonesia and Verra to finalize mutual recognition agreement on carbon trading
The Ministry of Environment and Forestry (KLH) and the Environmental Fund Management Agency (BPDLH) of Indonesia are set to finalize an international cooperation agreement with global carbon standard body Verra, in the form of a Mutual Recognition Agreement (MRA) expected to be signed in early October 2025.
Survey highlights Indonesia’s progress and opportunities in energy transition
Indonesia is showing steady progress in its energy transition, marked by renewable adoption, rising investment commitments, and digital integration. These findings come from the Asia Pacific Energy Transition Readiness Index 2025 conducted by ABB, a survey of more than 4,000 business leaders across 12 Asia-Pacific countries and 10 industries.
SKK Migas reports 999 Million Barrels of Oil Equivalent discovery
Indonesia’s upstream oil and gas sector has recorded a major breakthrough with the discovery of 999 million barrels of oil equivalent (MMBOE), according to the The Upstream Oil and Gas Regulatory Task Force (SKK Migas).
ABB vows support in Indonesia’s energy transition, PLN’s smart grid project
ABB, a global technology leader in electrification and automation, has reaffirmed its commitment to support Indonesia’s energy transition agenda, emphasizing modernization, efficiency, and cost reduction across both renewable and fossil-based power systems.
Mineral and Coal directorate highlights growth, safety challenges in mining sector
Director General of Mineral and Coal (Minerba), Tri Winarno, recently provided a critical update during a hearing with the Indonesian House of Representatives (DPR) regarding the operational status and production figures of key players in the mining sector, including PT Perintu Eka Tamah and PT Insani Barangkasa.