#Energy & Infrastucture
KPI partners with GML to boost aviation fuel production from used cooking oil
PT Kilang Pertamian Internasional (KPI) is collaborating with PT Gapura Mas Lestari (GML), a used cooking oil exporting company, to meet the raw material needs in the production of bioavtur or sustainable aviation fuel (SAF).
Vale announces layoffs amid slumping nickel prices
Mining giant Vale is conducting job cuts across its global operations in response to the ongoing decline in nickel prices. While the company has not disclosed the number of employees affected in Sudbury, Ontario, it confirmed the layoffs will primarily target "non-operating roles."
bp-Saipem Consortium sign US$3.5 billion CCUS, EPCI contract
British multinational oil and gas company, bp, has signed a Rp56.5 trillion (US$3.5 billion) project with partner contractors of Saipem Consortium − Engineering, Procurement, Construction, and Installation (EPCI) company PT Meindo Elang Indah and PT JGC Indonesia, a subsidiary of Japanese JGC Holdings Corporation − for Carbon Capture, Utilization, and Storage (CCUS) and EPCI work contracts of the Tangguh Ubadari National Strategic Project (Tangguh UCC).
Gendalo-Gandang project named PSN, SKK Migas collaborates with academics
The government continues to accelerate measures towards energy self-sufficiency, putting oil&gas projects as the main pillar, with the Gendalo-Gandang (previous named: Indonesia Deepwater Development) being determined as the latest project under the National Strategic Project (PSN) category based on Regulation of the Coordinating Minister for the Economy No. 6/2024.
Aspermigas encourages collaboration to eradicate illegal oil drilling
The Association of Indonesian Oil and Gas Companies (Aspermigas) assesses that the energy self-sufficiency target set by President Prabowo Subianto will be difficult to achieve if illegal drilling is still rampant.
SKK Migas opens up opportunity for cooperatives to manage oil wells
Head of The Upstream Oil and Gas Regulatory Task Force (SKK Migas), Djoko Siswanto, has opened up the opportunity for cooperatives to manage oil wells that have been illegally drilled by the communities without permission.
SCG delays ammonia and green hydrogen production
Cement and building material company Siam Cement Group (SCG) says it is not interested in producing ammonia and green hydrogen in the near future upon learning form results of the company's own study that the production cost of the two gases is still too costly.