#Energy Resources
Pertamina subsidiary KPI joins Patra SK ownership to boost energy independence
Refinery and petrochemical arms of State energy company Pertamina, PT Kilang Pertamina Internasional (KPI), has acquired a 14 percent stake in PT Patra SK, a base oil lubricant company, from SK ENMOVE Co., Ltd, a move meant to create stronger integration within its supply chain and production.
Indonesia, Trina Solar expand partnership to boost domestic solar energy ecosystem
Minister of Energy and Mineral Resources (ESDM) Bahlil Lahadalia has held talks with Chinese solar photovoltaic (PV) manufacturer Trina Solar to broaden cooperation in developing Indonesia’s domestic solar energy supply chain and ecosystem.
Indonesia’s first floating LNG facility set to process West Papua gas by 2027
As a follow-up to his June 2025 visit to Asap Kido Merah (AKM) field in Fakfak, West Papua, Minister of Energy and Mineral Resources (ESDM) Bahlil Lahadalia emphasized the importance of validating the construction progress of what will be a Floating Liquefied Natural Gas (FLNG) facility.
Government identifies 33,000 community wells for national energy program
The government has identified 33,000 community wells as part of its initiative to enhance local energy access.
Rukun Raharja sets sights on LNG infrastructure to strengthen energy portfolio
Energy firm PT Rukun Raharja (RAJA), controlled by Hapsoro Sukmonohadi − husband of House of Representatives (DPR) Speaker Puan Maharani − has planned to expand its energy portfolio through an LNG infrastructure acquisition amidst modest increase in revenue for the second quarter (Q2) of 2025.
Indonesia leads SE Asia in coal mine expansion despite climate crisis: Report
Indonesia is leading Southeast Asia in coal mine expansion, with 31 million tons per annum (Mtpa) of new coal mining projects currently under development, according to a new report by Global Energy Monitor (GEM).
NTT residents protest water grab for geothermal project
Residents of South Golewa in Flores, East Nusa Tenggara (NTT) held a 1,000-candle vigil against the planned geothermal water extraction project by State electricity company PT PLN, signaling their rejection of any attempt to exploit the sacred Tiwu Bala spring.
SKK Migas offers offshore oil&gas blocks to Chevron amid renewed interest
Indonesia’s upstream oil and gas regulator, SKK Migas, has extended an offer to U.S. energy giant Chevron to explore offshore blocks in Bali, as part of a broader effort to attract major investment into the country’s untapped oil and gas reserves.
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.