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Pertamina NRE asks government to strengthen regulation, incentives for CCS technology
PT Pertamina New & Renewable Energi (Pertamina NRE), a subsidiary of State energy company PT Pertamina, seeks regulations that will strengthen and encourage the oil and gas industry by accelerating the implementation of carbon capture and storage/carbon capture,utilization and storage (CCS/CCUS) technology in Indonesia.
PT Inalum prepares for first IPO to boost market capitalization, liquidity on IDX
PT Indonesia Asahan Aluminium (Inalum), a mining company under the Mining Industry Indonesia (MIND ID) holding company, is preparing to conduct its first initial public offering (IPO) on the stock exchange.
Antam allocates US$723 million for mining exploration, targets growth
State-ownwed diversified miner PT Aneka Tambang (Antam) has allocated US$723 million (Rp11.46 trillion) in Capital Expenditure (Capex) that will be used for gold, bauxite, and nickel exploration over the next five years.
RI needs 210 GW of renewable energy to phase out fossil power plants
President Prabowo Subianto's vision of achieving the net zero emission target by 2050 should be accompanied with more ambitious plan of actions than mere building 75 gigawatts (GW) of renewable energy-driven power plants, an energy analyst says.
PHR discovers Indonesia's first unconventional oil & gas well
PT Pertamina Hulu Rokan (PHR), an upstream subholding of State energy company PT Pertamina, has made history in the national oil and gas industry after discovering the first unconventional oil and gas (MNK) resource in Indonesia, namely the Gulamo DET-1 Well in the Rokan Block, Dumai, Riau.
Pandu Sjahrir tipped to be named Danantara's Chief Operating Officer soon
A businessman and angel investor Pandu Patria Sjahrir is widely tipped to be appointed as Chief Operating Officer of the Daya Anagata Nusantara Investment Management Agency (BPI Danantara), a sovereign wealth fund mechanism to support Indonesia development financing.
Danantara, Prabowo’s new investment body to be launched soon
The government is expected to launch the Daya Anagata Nusantara Investment Management Agency (BP Investasi Danantara), a new institution predicted to become a superholding of State-Owned Enterprises (SOEs) whose authority is to integrate separate government assets in ministries and SOEs.
PHR boasts success in unconventional oil & gas development in Rokan Block
Pertamina Hulu Rokan (PHR), a subsidiary of State energy company PT Pertamina, has shown significant progress in the development of Unconventional Oil and Gas (MNK) project in the Rokan Working Area (WK) is support the national energy production target achievement.
Erick Thohir supports use of “Maung” as official vehicle for ministers
Minister of State-Owned Enterprises (SOE) Erick Thohir has expressed his full support for President Prabowo Subianto's plan to use the Maung tactical car, produced by State-owned military vehicle manufacturer PT Pindad, as official vehicle for ministers, deputy ministers, and echelon I officials.
Maung official cars await Pindad's production capabilities: Prasetyo
Minister of State Secretary Prasetyo Hadi has confirmed the plan by the government to use Maung cars produced by PT Pindad as official vehicles for ministers and state officials, apparently awaiting the readiness of the State-owned military vehicle manufacturer’s mass production capacity before making a final decision.
Sulzer secures five-year deal with PT Pertamina Geothermal Energy
Sulzer Services (Indonesia), an independent service provider (ISP) and leader in flow control, has signed a five-year customer service agreement (CSA) with PT Pertamina Geothermal Energy (PGE), the Geothermal specialist sub-holding of State energy company PT Pertamina.
Bukit Asam-KAI-Semen Baturaja seal deal on logistics capacity expansion at Kertapati
Coal mining company PT Bukit Asam (PTBA), State-owned railway company PT Kereta Api Indonesia (KAI) and cement producer PT Semen Baturaja (SMBR) havestruck a deal to increase the coal and cement loading and unloading capacity of the Kertapati Area in Palembang, South Sumatra.