#Energy
MIND ID encourages renewable energy business diversification
MIND ID, a state-owned mining holding company, is actively promoting its subsidiaries to diversify into renewable energy business ventures.
Pertamina's oil investment plan in Iran uncertain as Middle East tension rises
The escalating Iran-Israel conflict has not only prompted many countries to issue travel warnings but also brought grim news for investment prospects in the oil-rich region, including oil and gas investment by State energy company PT Pertamina.
Ministry advances towards establishing robust solar panel ecosystem in Indonesia
Coordinating Ministry for Maritime Affairs and Investment has revealed that Indonesia is currently advancing its efforts from upstream to downstream phases in establishing a robust solar panel ecosystem.
PIS deploys 326 fuel ships, ensuring supply for Idul Fitri
PT Pertamina International Shipping (PIS) guarantees the distribution of fuel oil and LPG via sea routes throughout Ramadan until Idul Fitri period this year.
Pertamina Geothermal Energy explores massive production of green hydrogen
Pertamina Geothermal Energy (PGE), a subsidiary of State-owned oil and gas company Pertamina, is on the verge of tapping into a significant production capacity of green hydrogen, estimated at around 302 tons per day, with the possibility of exporting a portion of its production.
Pertamina focuses on completing Indonesia's largest new refinery project
State-owned oil and gas compamny Pertamina is currently focusing on completing the Balikpapan Refinery Development Master Plan (RDMP), with its Turn Around (TA) Revamp program which is targeted for completion in early May 2024.
Revision of Ande-Ande Lumut oil field development plan approved
The Upstream Oil and Gas Regulatory Task Force (SKK Migas) along with Contractor Cooperation Contract (KKKS) Prima Energy Northwest Natuna Pte. Ltd. (PENN) has concluded discussions on the revision of the plan of development (PoD) I for the Ande-Ande Lumut (AAL) oil field. The revised PoD has been approved by Minister of Energy and Mineral Resources (ESDM) Arifin Tasrif on March 5, 2024.
Vale to soon obtain 20-year contract extension
The process of issuing a special mining business license (IUPK) for PT Vale Indonesia (INCO) is nearing completion. The document for the 20-year contract extension will be processed by the Ministry of Investment.
ASEAN's largest gas steam power plant to commence operations
The Jawa-1 Gas Steam Power Plant (PLTGU) with a capacity of 1760 MW is ready to operate in full swing after undergoing a series of tests such as plant reliability run & net dependable capacity test.
Indonesia embraces green hydrogen for sustainable transportation future
Indonesia is on the cusp of a groundbreaking shift towards embracing green hydrogen as a pivotal component of its transportation sector, with forecasts pointing to significant adoption commencing in 2030.
SKK Migas signals positive outlook for ONWJ cost recovery migration
The Upstream Oil and Gas Regulatory Task Force (SKK Migas) has signaled a positive outlook regarding the planned transition of the Offshore North West Java (ONWJ) Block contract scheme. This transition, from a gross split to cost recovery model, is poised to unlock new opportunities for investment, development, and growth in Indonesia's oil and gas sector.
Pertamina Patra Niaga ventures into methanol products for Dumai Industrial Zone
PT Pertamina Patra Niaga, a subsidiary of state-owned energy giant Pertamina, is expanding its horizons by diversifying its portfolio to include methanol products.