Energy and Resources
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WWF Indonesia-marine tourism firms partner on sustainable coastal practices promotion
World Wide Fund (WWF) Indonesia, through the “Signing Blue” initiative, has set up partnership with 100 companies in the marine tourism sector to support the sustainability of coastal and marine resources and increase the blue economy in Indonesia.
Bahlil lends support to EOR method utilization to increase oil production
Minister of Energy and Mineral Resources (ESDM) Bahlil Lahadalia lends support to the utilization of Enhanced Oil Recovery (EOR) method, in particular the steamflood technique, to optimize oil production.
Indonesia told to accelerate solar, wind energy development to meet target
The new and renewable energy (EBT) target set in the 2024-2060 National Electricity General Plan (RUKN) of 75.6 gigawatts (GW) by 2035 requires acceleration of solar and wind energy through strategic planning and close monitoring. By doing so, prospective projects with a total capacity of 45 gigawatts (GW), as recorded by the Global Energy Monitor (GEM), can be realised and ensure Indonesia reaches its clean energy development target on time.
Indonesia's JETP faces criticism over delayed funding
Hashim Sujono Djojohadikusumo, the President's Special Envoy for Climate and Energy, has assessed the Just Energy Transition Partnership (JETP) as a failed program because there has not been a single fund disbursed by the U.S. Government through the program.
Ministry to revoke permits of 18 companies ignoring forest management rights
The Ministry of Forestry has planned to revoke Forest Utilization Business Permit (PBPH) of 18 companies covering an area of 526,144 hectares (ha) for their failure to make maximum use of the forest management rights they have been entitled to.
Indonesia set to build new petroleum storage facility, boost energy reserves
The government has planned to increase national energy buffer reserves from 21 days to 51 days by establishing a petroleum storage facility on Nipa Island, Riau Islands.
Early retirement of Cirebon-1 PLTU set to attract investment, boost energy transition
The Cirebon-1 Coal-fired Power Plant (PLTU), which is planned for early retirement, is estimated to attract investment worth US$198 million (Rp3.2 trillion) through the construction of a solar panel and electric battery factory.
WIKA Beton-Fairatmos collaborate on carbon emission reduction, green economy
State-owned construction company PT Wijaya Karya Beton (WTON) and Fairatmos, an environmental technology company, are collaborating on a project that will contribute for measures to reduce carbon emissions and support a green economy.
MITI secures silica sand exploration permit, set to support solar panel project development
Transportation and logistic company PT Mitra Investindo (MITI) through its subsidiary, PT Kendawangan Berkah Kersik (KBK), has secured a Mining Business Permit (IUP) Exploration Phase for non-metallic minerals, silica sand and quartz sand.
Government may revoke Masela Block concession after 26 years of uncertainty
Minister of Energy and Mineral Resources (ESDM), Bahlil Lahadalia, says that the government may revoke the Masela Block gas concession held by INPEX Corporation since no progress has been made ever since the concession was issued 26 years ago.
Pertamina unveils dual growth strategy for energy independence, low-carbon future
State energy company PT Pertamina, through its Long-Term Company Plan until 2029, will develop its business with a dual growth strategy to maximize its oil&gas output and develop renewable energy.
Govt to implement CCS technology, prioritize emission reduction over early PLTU retirements
Eniya Listiani Dewi, Director General of New, Renewable Energy and Energy Conservation (EBTKE) at the Ministry of Energy and Mineral Resources (ESDM) has hinted that the use of Carbon Capture Storage (CCS) technology in coal-fired power plants (PLTU) could now begin.