#Energy
RATU eyes new assets while relying on Cepu Block to sustain energy output, cash flow
Energy company PT Raharja Energi Cepu (RATU) is anticipating a possible decline in output from its core asset ‒ the Cepu Block ‒ but remains confident that production and revenue will stay robust through 2027–2028 amidst ongoing efforts to boost reserves and cash flow.
Indonesian industries begin energy transition, but coal remains necessary: DBS
Indonesian businesses are increasingly shifting their focus toward cleaner energy sources as part of the national energy transition as companies start to explore alternatives to coal, with natural gas emerging as the most frequently considered option, concluded Bank DBS Indonesia.
Indonesia to kick off first phase of waste-to-energy projects in four cities
Indonesia’s sovereign investment authority, the Daya Anagata Nusantara Investment Management Agency (Danantara), has announced that the first phase of its waste-to-energy (WTE) development program will focus on four cities: Bogor, Bekasi, Denpasar, and Yogyakarta.
Indonesia urged to maximize molasses surplus for biofuel production
Indonesia’s biofuel industry is encouraged to take advantage of a massive surplus of molasses − an underutilized sugarcane by-product − with the potential to significantly boost domestic ethanol output.
The ability to provide resources to solve the problem is a key role for philanthropy: Elizabeth Yee, Rockefeller Foundation
Elizabeth Yee serves as the Rockefeller Foundation’s Executive Vice President for Programs, where she leads the foundation’s global initiatives, regional operations, partnerships, and learning & impact efforts. She joined the organization in 2019 as Managing Director for Climate and Resilience, later taking on the role of Chief of Staff. Prior to that, she held senior positions at 100 Resilient Cities and built a 17-year career in infrastructure finance with Morgan Stanley, Lehman Brothers, and Barclays, where she completed more than $30 billion worth of transactions.
Aspebindo calls for price changes, policy updates for Indonesia's energy goals
The Association of Indonesian Energy, Mineral, and Coal Suppliers (Aspebindo) has called for price adjustments and regulatory reforms to support coal producers and accelerate Indonesia’s energy transition amidst rising production costs, tight margins, and persistent infrastructure gaps.
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.
Danantara considers direct investment in Indonesia’s coal gasification-to-DME project
Indonesia’s sovereign wealth fund, Daya Anagata Nusantara (Danantara), is considering direct investment in a coal gasification project that would convert coal into dimethyl ether (DME), a cleaner alternative to liquefied petroleum gas (LPG).
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.
Government highlights energy independence drive, eyes major boost in oil and gas
The government has reaffirmed its commitment to achieving energy independence as a cornerstone of national sovereignty during the Abu Dhabi International Petroleum Exhibition and Conference (ADIPEC) 2025, signaling renewed determination to attract global investment and technology to strengthen its upstream oil and gas sector.
Danantara allocates up to Rp3.2 T per WtE project, to use patriot bond funding
Indonesia’s sovereign wealth agency, BPI Danantara, has estimated that each waste-to-energy (WtE) project will require an investment of Rp2.5 trillion to Rp3.2 trillion (US$150-192 million) with a processing capacity of around 1,000 tons of waste per day.
Twenty-four foreign firms shortlisted for Indonesia’s first wave of WTE tender
Indonesia’s sovereign wealth agency, BPI Danantara, has shortlisted 24 foreign companies to participate in the tender for seven waste-to-energy (WTE) projects, scheduled to begin on Thursday, November 6, 2025.