Tag: Energy

Oil and gas service provider PT Elnusa, which is a subsidiary of State oil and gas company Pertamina, is planning to venture into the new business of LNG (liquefied natural gas) regasification transport. […]

PT Perusahaan Gas Negara (PGN), a gas subholding of State energy company PT Pertamina, is working on several strategic gas pipeline projects, including the Cisem Phase II project in which PGN will synergize with the government to distribute gas from East Java to West Java. […]

Indonesia’s utilization of geothermal energy has reached just 2.4 gigawatts (GW), a mere 10 percent of its total potential of 23.9 GW that industry players call for clearer regulations and incentives from the government to optimize this significant renewable energy resource. […]

Jadestone Energy (Lemang) Pte. Ltd. has completed the construction of the Akatara gas facility and initiated the first gas flow from the well to the facility, marking a significant milestone in the commercialisation of gas resources in Jambi Province. […]

PT Triputra Agro Persada (TAPG) and Aisin Takaoka Co., Ltd have set up a joint venture to produce biocoke from palm shells, a pioneering technology aimed at promoting green energy and reducing carbon emissions in Indonesia’s steel foundry industry. […]

Indonesia’s aim to achieve net-zero carbon emissions in the electricity sector by 2050 is under threat due to the government’s plan to develop new gas fields, potentially hindering the energy transition efforts, a researcher says. […]

The Upstream Oil and Gas Regulatory Task Force (SKK Migas) has signed agreements worth Rp94.4 trillion (US$5.7 billion) with oil and gas contractors to enhance the utilization of natural gas within Indonesia. […]

Governor of East Kalimantan, Akmal Malik, encouraged Chinese companies to invest in building a biodiesel plant in East Kalimantan, emphasizing the region’s significant palm oil production potential. The offer was conveyed during his recent visit to Huangshan, Anhui Province, China, as part of the Sister-Province Cooperation (Kaltim-Anhui) program. […]

State-owned chemical manufacturing holding company PT Pupuk Indonesia has confirmed the continuation of its green hydrogen project with State electricity company PT PLN and Saudi Arabian energy company Acwa Power, aiming for operational status by 2025. […]

The Kayan Cascade hydropower project in Bulungan Regency, North Kalimantan, continues to progress despite facing significant setbacks, including the recent withdrawal of key international partners PowerChina and Sumitomo. […]

PT Perusahaan Listrik Negara (PLN), Indonesia’s state-owned electricity company, has announced plans to construct three new wind power plants (PLTB) − PLTB Timor, PLTB Tanah Laut, and PLTB Sulbagsel − by 2027 with a combined capacity of 152 MW. […]

PT Medco Energi Internasional has announced the divestment of its stake in the oil and gas field Area 47 in Libya to the Libya National Oil Corporation (NOC). […]

Indonesia has harnessed less than 1 percent of its solar energy potential, lagging significantly behind neighboring countries as fossil fuels continue to dominate […]

Coordinating Minister for the Economy, Airlangga Hartarto, met with Daisuke Arakawa, a senior executive at Nikkei Inc, in Tokyo on Friday, outlining the Indonesian government’s commitment to energy transition through collaboration with Japan. One key area of cooperation is investment in electric vehicles (EVs). […]

JAKARTA, May 27, 2024 − Fossil fuels continue to dominate Southeast Asia’s energy sector, controlling around 83 percent of the region’s energy mix and largely overshadowing the 14.2 percent contribution from renewables. Among these, solar energy remains underutilized. While Vietnam has made significant strides, achieving an impressive 20.5 percent share of its power from solar, Indonesia still lags substantially, with less than 1 percent. […]

Coordinating Minister for the Economy, Airlangga Hartarto, met with South Korea’s Minister of Trade, Industry, and Energy (MOTIE) Ahn Duk Geun on Wednesday, May 22, 2024 to discuss bilateral cooperation in nuclear energy and electric vehicle (EV) ecosystem development. […]

Pertamina NRE and Masdar signed a memorandum of understanding on the development of solar and wind power plants in Indonesia and other countries with potential, on Tuesday, May 21, 2024. […]

PT Nusantara Regas, a subsidiary of State oil and gas company Pertamina, announced the company’s revenue of US$81.08 million for the fiscal year 2023 generated from LNG regasification services at the West Java Floating Storage & Regasification Unit (FSRU) facility. […]

State electricity company PT PLN has completed the construction of the 2 X 55 MegaWatt (MW) Jatigede Hydroelectric Power Plant (PLTA) in Sumedang Regency, West Java. […]

The Upstream Oil and Gas Regulatory Task Force (SKK Migas) has revealed significant untapped oil and gas resources in three critical basins in Indonesia, collectively holding potential resources amounting to tens of billions of barrels of oil equivalent (mboepd), both from already discovered sources and those awaiting exploration. […]

PT Pertamina Hulu Energi (PHE), a subsidiary of State and oil gas company Pertamina, and ExxonMobil are set to establish a technology hub for carbon capture storage/carbon capture utilization storage (CCS/CCUS) in the Offshore Southeast Sumatra (OSES) working area. […]

State oil and gas company Pertamina has established strategic cooperation with Korea National Oil Corporation (KNOC) and ExxonMobil for the development of cross-border Carbon Capture and Storage (CCS) between Indonesia and South Korea. […]

The government has announced the Oil and Gas Working Area Offer Phase I Year 2024 at the opening ceremony of the 48th IPA event at ICE BSD City, Tangerang, on Tuesday, May 14, 2024. […]

The government continues to encourage exploration and exploitation of oil and gas resources to fulfil national energy needs and support economic growth in various sectors. […]

Minister of Emergy and Mineral Resources, Arifin Tasrif, says Indonesia is currently focusing its efforts on exploring oil and gas basins in an attempt to increase their production amid declining production of the two energy sources. […]

Minister of Energy and Mineral Resources (ESDM), Arifin Tasrif says oil and gas will continue to play a pivotal role in securing Indonesia energy supply, particularly in transportation and power sectors, despite the present worldwide trend of adopting cleaner and renewable energy sources amid the transition towards Net Zero Emission by 2060. […]

Italian energy behemoth Eni is embarking on a spin-off strategy for its potential oil and gas (O&G) projects, aiming to bolster these endeavors while sharpening its focus on low-carbon business ventures. […]

Jejakin, an Indonesian-based climate tech provider focusing on carbon management platform, has secured new funding of US$2.7 million to finance major areas of R&D, technological improvement, and market growth. […]

State electricity company PT PLN can solve its financial problems by accelerating the development of solar and wind energy. Increased solar and wind energy capacity, as well as less coal, will cut PLN’s cost of generation, which in turn will lower the country’s electricity subsidy burden. […]