#Energy Resources
Shell to reenter Indonesia’s upstream oil & gas sector through joint study with Kufpec
Shell plc is set to return to Indonesia’s upstream oil and gas sector through a joint study with Kuwait Foreign Petroleum Exploration Company (Kufpec), signaling renewed interest from major global energy firms in the country’s exploration potential.
Indonesia to begin construction of Bukit Asam’s DME production plant next year
Energy and Mineral Resources (ESDM) Minister Bahlil Lahadalia has announced that the construction of PT Bukit Asam’s (PTBA) dimethyl ether (DME) production facility could begin next year, pending a final decision expected next month.
Barito Renewables increases 2025 Capex to US$250M, expediting geothermal expansion
PT Barito Renewables Energy (BREN), a renewable energy company owned by tycoon Prajogo Pangestu, has allocated a capital expenditure (capex) of US$250 million (Rp4.17 trillion) for next year.
Pertamina expected to take over Tuna oil&gas block after Harbour Energy’s exit
Head of the Upstream Oil and Gas Regulatory Task Force (SKK Migas), Djoko Siswanto, has expressed hope that State energy company Pertamina will take over the Tuna oil and gas block following the withdrawal of Harbour Energy.
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.