Investment and Risk

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TotalEnergies-RGE secure approval to supply 1GW Solar Power to Singapore

The Energy Market Authority (EMA) of Singapore has granted Conditional Approval (CA) to TotalEnergies and Royal Golden Eagle RGE (RGE) to supply 1.0 gigawatt (GW) of solar photovoltaic (PV) power from Indonesia to Singapore through their joint venture, Singa Renewables Pte Ltd (Singa).

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SKK Migas-Sinopec forge strategic partnership for Indonesia’s energy future

Indonesia’s Upstream Oil and Gas Regulatory task Force (SKK Migas) has struck a deal with China’s state-owned oil and gas company, Sinopec, to enhance Indonesia’s upstream oil and gas sector through advanced technologies and innovative approaches.

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Indonesia expands coal downstreaming with China partnership

Ministry of Energy and Mineral Resources (ESDM) has offered coal downstreaming development projects to China, marking a significant step in the country’s commitment to reducing greenhouse gas emissions.

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Bahlil asks Chinese investors to invest in renewable energy projects in Indonesia

Minister of Energy and Mineral Resources (ESDM), Bahlil Lahadalia, invited Chinese businesses to invest in Indonesia's renewable energy sector, highlighting projects such as the Kayan and Mamberamo hydropower plants.

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Sinopec collaborates with Pertamina to boost oil, gas production in Indonesia

State-owned Chinese oil and gas company Sinopec is scheduled to visit Indonesia this month to explore the application of new technologies aimed at enhancing oil and gas production in the country, primarily on the application of enhanced oil recovery (EOR) technology to boost output in five key fields operated by Pertamina.

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PT Pertamina Energy Terminal advances phase two of Tuban LPG terminal project

A subsidiary of State-owned company PT Pertamina International Shipping (PIS), PT Pertamina Energy Terminal, has reported progress in the second phase of constructing its liquified petroleum gas (LPG) refrigerated terminal in Tuban, East Java.

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ACEN-Barito Renewables partner to accelerate wind energy development in Indonesia

ACEN, a public energy company from Philippine-based Ayala group, has partnered with PT Barito Renewables Energy to accelerate the development of wind energy projects across Indonesia, marking a significant step towards advancing renewable energy in the country.

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President Jokowi inaugurates Indonesia’s most expensive dam in West Java

President Joko “Jokowi” Widodo on Thursday, August 29, 2024 inaugurated the Rp3.5 trillion (US$226 million) Leuwikeris Dam in Tasikmalaya, West Java, considerably the most expensive dam built during his presidency.

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GAPKI sees European market as less strategic for Indonesian palm oil

The Indonesian Palm Oil Association (GAPKI) has deemed the European Union to be no longer a strategic market for Indonesian palm oil products, as exports to Europe have significantly declined, citing the export volume of CPO and its derivatives to Europe now accounts for only 12 percent of the total export volume.

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SKK Migas hopes UAE company to speed up South Andaman gas development

The Upstream Oil and Gas Regulatory Task Force (SKK Migas) is optimistic that the United Arab Emirates' Mubadala Energy can expedite the development of gas potential in the South Andaman block, similar to ENI, which has recently secured approval for its Plan of Development (POD).

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Pupuk Indonesia plans to build two methanol plants by 2030

State-owned fertilizer producer PT Pupuk Indonesia plans to construct two methanol plants in two provinces by 2030 as part of the effort to support the government's accelerated implementation of the B50 program.

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Pupuk Indonesia-ITOCHU-TOYO  to develop world's first hybrid green ammonia project

State-owned fertilizer producer PT Pupuk Indonesia is set to develop the world's first hybrid green ammonia project in collaboration with two Japanese corporations − ITOCHU Corporation (ITOCHU) and Toyo Engineering Corporation (TOYO).

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