Tag: Energy

State power utility PT PLN has confirmed its commitment to supporting the 8-percent economic growth target through the development of electricity infrastructure that will cater the needs of industry, new areas development, and remote regions. […]

The Indonesian Coordinating Ministry for the Economy and ExxonMobil signed a Memorandum of Understanding (MoU) on Wednesday, January 22, 2025 to explore investment potential for the development of an advanced petrochemical complex in Indonesia. […]

Indonesia officially opened its carbon exchange to international buyers on Monday, January 20, 2025, a move expected to raise funds to help meet the country’s ambitious domestic climate targets. […]

State power utility PT PLN is studying the implementation of carbon capture and storage (CCS) technology for steam-fired power plants (PLTU) to maintain the reliability of the national electricity system although the cost of its implementation is relatively high at US$40 per ton. […]

The implementation of Carbon Capture and Storage (CCS) and Carbon Capture, Utilization, and Storage (CCUS) technologies is relevant to support energy transition in Indonesia although the cost of this technology is relatively high, especially for power plants, said a top PLN engineering unit head. […]

PT PLN Indonesia Power (PLN IP) has ensured that the 50-Megawatt (MW) Singkarak Floating Solar Power Plant (PLTS) on Lake Singkarak, West Sumatra, will start operating or commissioning on date (COD) in 2027. The PLTS was developed together with ACWA Power, an energy company from Saudi Arabia. […]

The government continues to strengthen its commitment to reducing carbon emissions through the implementation of Carbon Capture and Storage (CCS) and Carbon Capture, Utilization, and Storage (CCUS) technologies in the upstream oil and gas sector. […]

Indonesia has Presidential Decree No. 14/2024 which regulates the implementation of carbon capture and storage (CCS) activities as part of national carbon emission efforts. […]

State power utility PT PLN (Persero) noted that it has found obstacles in the development of new renewable energy (EBT) in Indonesia due to limited large areas available for the project. […]

Minister of Energy and Mineral Resources (ESDM), Bahlil Lahadalia, on Thursday, January 16, 2025, inaugurated Achmad Muchtasyar as Director General of Oil and Gas at the ESDM Ministry. […]

The Asian Development Bank (ADB) signed a US$92.6 million (Rp1.5 trillion) financing agreement with PT Supreme Energy Muara Laboh (SEML) for the development of Indonesia’s geothermal power resources. […]

Two Pertamina subsidiaries, PT Kilang Pertamina Internasional (KPI) and Pertamina International Marketing & Distribution Pte. Ltd. (PIMD), have signed the Master Sales & Purchase Agreement (MPSA) to expand the outreach of high-quality and environmentally friendly refinery products to the international market. […]

Executive Director of the Center of Energy and Resources Indonesia (CERI), Yusri Usman, mulls over suing oil and gas stakeholders for alleged violation of regulations regarding the Local Contents (TKDN) obligations. […]

Masdar, a clean energy company from the UAE, has expressed its commitment to increase investment in Indonesia. Abdulaziz said Indonesia would remain a renewable energy hub in the Southeast Asia region, despite having various investments with Indonesia’s neighboring countries. […]

The upstream oil and gas sector players, grouped under the Indonesian Petroleum Association (IPA), has positively responded to the new Minister of Energy and Mineral Resources (ESDM) Regulation (Permen) No. 16/2024 on the Implementation of Carbon Storage Activities issued on December 24, 2024. […]

Minister of Energy and Mineral Resources (ESDM), Bahlil Lahadalia, met with top executives of State energy company PT Pertamina, requesting the Balikpapan Refinery Development Master Plan (RDMP) project to be operational in July 2025. […]

Minister of Energy and Mineral Resources, Bahlil Lahadalia, says the decision on PT Freeport Indonesia’s (PTFI) copper concentrate export permit extension will be discussed in a meeting with Coordinating Ministry for the Economy, Ministry of Finance and Ministry of Industry along with President Prabowo Subianto by mid of this year. […]

PT Pertamina Hulu Rokan (PHR) through the drilling of the Rotan River Downloack-1 exploration well in the PHE Jambi Merang working area (WK) in South Sumatra found oil and gas resources from the Baturaja Formation Limestone. […]

Minister of Energy and Mineral Resources (ESDM), Bahlil Lahadalia, is optimistic that Indonesia will be free from diesel fuel imports in 2026 in line with the government’s determination to impose the 50 percent-blended biodiesel (B50) that year. […]

PT Pertamina Hulu Energi Offshore North West Java (PHE ONWJ), a subsidiary of State energy company PT Pertamina, has managed to boost oil and gas production while simultaneously reducing the impact of environmental damage in Bravo and Echo Fields, offshore Java Sea, through the utilization of Extended Vacuum Entrainment (EVE) Ejector technology. […]

PT TBS Energi Utama (TOBA), an energy company owned by businessman Pandu Sjahrir, has announced plans to acquire 100 percent of the shares of Sembcorp Environment Pte. Ltd. (SembEnviro), a leading waste management company in Singapore. […]

PT Pertamina Hulu Energi (PHE), an oil and gas upstream subholding of state owned energy company Pertamina, announces the discovery of oil reserves in Padang Pancuran, South Sumatra, as a result of intensive exploration in the last few months. […]

State power utility PT PLN, through PLN Energi Primer Indonesia (PLN EPI), will increase the use of biomass co-firing in coal-fired power plants (PLTU) by means of waste to support environmental sustainability and also open up economic opportunities. […]

Solar energy developer PT Surya Utama Nuansa (SUN Energy) has established partnership with PT Bank SMBC Indonesia (SMBC Indonesia) through the provision of a US$10 million Multi Option Trade Facility for the procurement of raw materials and expansion of solar energy projects in the commercial and industrial (C&I) sector. […]

PT Pertamina Geothermal Energy (PGE), a subsidiary of State energy company PT Pertamina has embarked on the exploration of several locations to discover new clean energy toward Net Zero Emission (NZE) 2060 target. […]

The government will raise the export levy on crude palm oil (CPO) from 7.5 percent to 10 percent, aimed at supporting the financing for biodiesel subsidies, which will increase with the launch of the 40 percent biodiesel blend (B40) program starting January 1, 2025. […]

Ministry of Energy and Mineral Resources (ESDM) is targeting a 72 percent new and renewable energy (EBT) mix by 2060 in line with the previously set National Electricity General Plan (RUKN). […]

The government has set an ambitious target to develop new and renewable energy (EBT) capacity of 103 Gigawatts in the next 15 years despite the realization of this target is hampered by the absence of regulations and supporting ecosystems. […]

Indonesia’s plan to increase the palm oil blend in biodiesel to 40 percent (B40) starting January 1, 2025 appears to be implemented gradually after industry players voiced the need for a transition period despite the government’s readiness for the policy rollout. […]

Inter-island electricity connections through transmission are urgently needed to supply energy, with the government striving to maximize the potential of solar power to hydro power. As of now, Indonesia needs US$20 billion (Rp321 trillion) to build a transmission line connecting the islands. […]