#Energy Resources
Bumi Resources to secure US$600 M loan for expansion, underground mining projects
Gold mining company PT Bumi Resources Minerals (BRMS), part of the Bakrie Group, plans to sign a US$600 million syndicated loan agreement (Rp10.03 trillion) with a consortium of foreign and local banks.
ENI and Petronas form NewCo to manage oil and gas assets in Indonesia, Malaysia
Italian energy giant ENI SpA signed an agreement with Petronas on Monday, November 3, 2025 to establish a new joint venture company called NewCo that will oversee 19 upstream oil and gas assets owned by both companies − 14 in Indonesia and five in Malaysia.
Bahlil inaugurates two mini-hydro power plants in Eastern Indonesia
Minister of Energy and Mineral Resources (ESDM) Bahlil Lahadalia has inaugurated the operation of two mini-hydro power plants (PLTMH) in eastern Indonesia − the Wairara PLTMH in East Sumba, East Nusa Tengara with a capacity of 128 kilowatts (kW) and the Anggi PLTMH in Arfak Mountains, West Papua with 150 kW of capacity.
Toyota to build ethanol plant in Indonesia to support 2027 E10 fuel mandate
The Ministry of Investment and Downstreaming reveals that Japanese automotive giant Toyota plans to build an ethanol production plant in Indonesia, apparently in support of Indonesia's planned E10 gasoline mandate in 2027
Govt weighs domestic market obligation for gold to support Antam’s supply shortfall
The Ministry of Energy and Mineral Resources (ESDM) is studying the possibility of introducing a Domestic Market Obligation (DMO) policy for gold, in an effort to help State-owned miner PT Aneka Tambang (Antam) overcome a severe supply shortage.
Farmers, ethanol producers say Indonesia not ready for E10 fuel mandate
Farmers and ethanol industry players say that Indonesia is not yet ready to implement the government’s planned mandatory E10 biofuel policy, citing the lack of a clear national roadmap for ethanol development.
Indonesian listed firms race to tap waste-to-energy market amid government push
The waste-to-energy (WtE) business is drawing increasing attention from Indonesian listed companies, with firms such as PT TBS Energi Utama (TOBA), PT Maharaksa Biru Energi (OASA), and PT Astrindo Nusantara Infrastruktur (BIPI) preparing to expand their presence in the sector.
Danantara-PLN launch waste-to-energy project to tackle Indonesia’s trash crisis
PT Danantara Investment Management has partnered with State power utility PT PLN to develop a waste-to-energy (WtE) project, converting household waste into renewable electricity through incinerator technology, with PLN going to serve as the primary buyer of the electricity generated from the facilities.
Indonesia and Verra to finalize mutual recognition agreement on carbon trading
The Ministry of Environment and Forestry (KLH) and the Environmental Fund Management Agency (BPDLH) of Indonesia are set to finalize an international cooperation agreement with global carbon standard body Verra, in the form of a Mutual Recognition Agreement (MRA) expected to be signed in early October 2025.
Shell to exit Indonesian fuel station business by 2026
Shell will withdraw from its fuel station business in Indonesia by 2026, according to an announcement from PT Shell Indonesia, a subsidiary of Shell plc.
ESDM ministry set to complete feasibility studies for downstream projects by end of 2025
Secretary General of the Ministry of Energy and Mineral Resources (ESDM), Ahmad Erani Yustika, has assured that the feasibility studies (FS) for ongoing downstream projects will be completed by the end of this year.
Groups protest against 11th International Geothermal Convention and Exhibition
Civil Society Coalition staged a protest on Wednesday, September 17, 2025, against the 11th Indonesia International Geothermal Convention and Exhibition (IIGCE) held at the Jakarta Convention Center as a response to the government’s relentless push to develop geothermal energy sources, which they accused of bringing disaster to communities and the environment.