#Energy Resources
RI-U.S. ink US$34 B trade deals amid push for balanced economic partnership
Indonesia and the United States signed commercial agreements of US$34 billion in agriculture and energy sectors during a series of high-level business meetings in Washington, D.C., signaling growing momentum in advancing bilateral Comprehensive Strategic Partnership.
Indonesia-Saudi sign US$27 B deals, boost defense, energy, investment ties
Indonesia and Saudi Arabia on Thursday announced the signing of US$27 billion in investment agreements across clean energy, petrochemicals, and aviation fuel services, as part of efforts to elevate their bilateral ties into a comprehensive strategic partnership.
KCE, Air Liquide, HDF Energy launch hydrogen power feasibility study in Indonesia
PT Krakatau Chandra Energi (KCE), a subsidiary of PT Chandra Daya Investasi (CDI Group), has signed a Memorandum of Understanding (MoU) with PT Air Liquide Indonesia and HDF Energy to conduct a Joint Feasibility Study (JFS) on utilizing hydrogen fuel cell technology for power generation in Indonesia.
2026 energy budget proposals based on lower oil price assumptions amid global market shifts
Minister of Energy and Mineral Resources, Bahlil Lahadalia, proposes that the country's 2026 energy state budget be based on an Indonesian Crude Price (ICP) range of US$60–80 per barrel, citing declining global demand, oversupply, and geopolitical uncertainties.
Gas power expansion in RI’s RUPTL could cost the State US$60 billion: IEEFA
Indonesia’s plan to expand gas-fired power plants in its 2025–2034 Electricity Supply Business Plan (RUPTL) could burden the state with up to US$60 billion in fiscal costs, according to a new analysis from the Institute for Energy Economics and Financial Analysis (IEEFA).
Nuclear energy must be central to Indonesia’s clean energy future: Lead engineer
Indonesia must urgently place nuclear energy at the center of its long-term national energy strategy to ensure energy security, economic competitiveness, and the success of its carbon neutrality goals by 2060, a leading Engineer said.
Indonesia poised to launch nuclear power plants by 2030s: Expert
An energy expert has expressed his confidence that Indonesia is ready to begin constructing nuclear power plants (PLTN) and have operational units by early 2030s, citing the legal and institutional infrastructure is in place and the country has sufficient technical expertise to manage nuclear energy safely and effectively.
Bahlil threatens to revoke Inpex's Masela Block permit over delays
Indonesia’s Minister of Energy and Mineral Resources (ESDM), Bahlil Lahadalia, has issued a stern warning to Japanese oil and gas company Inpex, threatening to revoke its permit to operate the Masela Block if the company continues to delay its project development.
Energi Mega Persada reports improved financial performance in 2024
PT Energi Mega Persada (EMP) recorded a solid financial performance in 2024, reporting an 11 percent increase in net sales from US$420.8 million in 2024 to US$467.4 million in 2024, a 5 percent rise in EBITDA from US$265.7 million in 2023 to US$278 .9 million in 2024, and a 10 percent growth in net profit from US$68.4 million in 2023 to US$75.4 million in 2024.
PGN prepares natural gas supply for Jatengland Industrial Area
PT Perusahaan Gas Negara (PGN) is exploring the provision of natural gas supply and infrastructure for the Jatengland Industrial Area in Central Java as part of its commitment to expanding the utilization of natural gas to support national industrial growth.
Pertamina launches oil & gas exploration in Natuna to strengthen energy security
Pertamina East Natuna, a subsidiary of Pertamina’s upstream oil and gas division, has commenced exploration in the North Natuna Sea as part of efforts to increase Indonesia’s domestic hydrocarbon reserves.
Geothermal project in Flores rejected over environmental, rights concerns
Justice, Peace, and Integrity of Creation (JPIC) SVD Ende and civil society organizations have opposed the geothermal energy project in Sokoria and Mataloko, Flores, East Nusa Tenggara due to concerns over environmental destruction, forced land acquisition, and military involvement.