politics
Dissecting the pulse of the nation’s politics, where power plays and policies collide in a fight for the future.
PGE launches world’s 1st real-time geothermal measurement system
PT Pertamina Geothermal Energy (PGE), a subsidiary of State energy company Pertamina in the geothermal sector, has launched Flow2Max, the world’s first technology capable of real-time measurement of dual-phase fluid flow in geothermal facilities.
Residents sued for blocking production road in PT IHIP industrial zone
Land conflicts between residents of Topogaro and Tondo villages in Morowali regency, Central Sulawesi, and PT Indonesia Huabao Industrial Park (PT IHIP) industrial zone heat up with four village residents being sued by a tenant of the industrial zone for blocking its production road.
Bahlil: Freeport abit slow in preparing condition for permit extension
Former Minister of Investment/Head of Investment Coordinating Board and newly appointed Minister of Energy and Mineral Resources (ESDM) Bahlil Lahadalia says that PT Freeport Indonesia has been a bit slow in preparing various conditions for the extension of the company’s special mining business permit (IUPK).
Foreign investors flock to major bank stocks in a robust week of trading
Foreign investors have been aggressively purchasing shares of Indonesia's leading banks in the past week, including PT Bank Mandiri (BMRI), PT Bank Central Asia (BBCA), PT Bank Rakyat Indonesia (BBRI), and PT Bank Negara Indonesia (BBNI), with total purchases amounting to Rp1.44 trillion (Rp92.4 million).
Jokowi reshuffles cabinet weeks before leaving office
President Joko “Jokowi” Widodo on Monday, August 19, 2024, reshuffled cabinet and appointed three heads of government bodies just weeks before he will leave office.
Indonesia aims for US$25.2 billion in green hydrogen investment by 2060
The Indonesian government is targeting private sector investment in green hydrogen development to reach US$25.2 billion (Rp395.58 trillion) by 2060 as part of its efforts to prevent an energy crisis in the industrial sector and support carbon dioxide reduction.
Indonesia to allocate US$229.6 billion for 2025 State Budget
Indonesia allocates Rp3,613.1 trillion (US$229.6 billion) for government expenditure in the 2025 State Budget (APBN), including for the central government spending at Rp2,693.2 trillion (US$171 billion) and regions across the country at Rp 919.9 trillion (US$58 billions).
Jokowi claim ssuccess for his 10-year-term in office
President Joko “Jokowi” Widodo delivered his State of the Union address on the occasion of the 79th Anniversary of Indonesian Independence on Friday, August 16, 2024, claiming a success in developing Indonesia during his two terms in office.
President Jokowi apologizes to Indonesian people ahead of end of his tenure
President Joko “Jokowi” Widodo on Friday, August 16, 2024, apologized to Indonesian people for their disappointment towards him and every dream that has not been realized during his tenure as president as he delivered his State of the Nation Address for the 79th Anniversary of Indonesian Independence.
PHE books oil and gas production increase in first semester of 2024
PT Pertamina Hulu Energi (PHE), an oil and gas upstream subholding of state owned energy company Pertamina, booked oil and gas production of 1.05 million barrels of oil equivalent per day (BOEPD) in the first semester of 2024, with 556,000 barrels of oil per day and gas of 2.86 billion standard cubic feet per day (Bcf/D), or an increase by 0.3 percent from the first semester of 2023.
PLN collaborates with Saudi company to develop Saguling Floating Solar PV
State power utility PT PLN signed power purchased agreement (PPA) with Saudi Arabia energy company ACWA Power on Tuesday, August 13, 2024, to develop floating solar power plant Saguling in West Java with the capacity of 92 MWp.
Pertamina-Siemens collaborate on sustainable energy transition
Indonesia state owned energy company PT Pertamina has sealed a deal with Siemens Energy to realize safe and affordable sustainable energy in Indonesia following the signing of a memorandum of understanding on business opportunities and potential collaboration for technology acceleration in Jakarta on Tuesday, August 13, 2024.