Energy and Resources
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Indonesia explores oil imports from Russia following BRICS membership
Minister of Energy and Mineral Resources (ESDM), Bahlil Lahadalia, has opened up the possibility for Indonesia to buy oil from Russia after Indonesia officially became a member of BRICS, an intergovernmental organization focusing on economic cooperation and development.
Antam to build precious metal factory in E. Java in support of downstream industry
State-owned mining company PT Antam is planning to build a precious metal factory at the Java Integrated Industrial and Ports Estate (JIIPE) in Gresik, East Java as part of the efforts to support downstreaming of mineral industry in Indonesia, while utilizing integrated infrastructure of the industrial estate.
Masdar eyes to propel PGE into global geothermal market, expand to Africa
Masdar, a United Arab Emirates (UAE)-based clean energy company, has the ambition to make PT Geothermal Energy (PGE), a geothermal energy subsidiary of State energy company PT Pertamina, an international market player for energy utilization.
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.
PLN looks to solar power plants amidst rare large area for EBT
State power utility PT PLN (Persero) noted that it has found obstacles in the development of new renewable energy (EBT) in Indonesia due to limited large areas available for the project.
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.
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.
Upstream oil & gas sector welcomes newly established CCS regulation
The upstream oil and gas sector players, grouped under the Indonesian Petroleum Association (IPA), has positively responded to the new Minister of Energy and Mineral Resources (ESDM) Regulation (Permen) No. 16/2024 on the Implementation of Carbon Storage Activities issued on December 24, 2024.