#Energy

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PME completes four underwater projects, boosting national energy infrastructure

PT Pertamina Marine Engineering (PME), an oceanography, underwater and port construction and maintenance services provider of State oil and gas company PT Pertamina, has successfully concluded four underwater work services (UWS) projects in the first quarter of 2024.

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World renewable electricity reaches 30 percent, RI lags at 20 percent: Report

Renewable energy record pushes the world towards a new era of less fossil-based electricity.

LNG

PIS acquires two VLGCS, gains top tier position in ASEAN LPG transport 

PT Pertamina International Shipping (PIS) is solidifying its position as a top-tier player in ASEAN LPG transport by acquiring two additional Very Large Gas Carriers (VLGCs), named VLGC Pertamina Gas Caspia and VLGC Pertamina Gas Dahlia.

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Pertamina to increase oil lifting amid production decline

State oil and gas company PT Pertamina is committed to boosting crude oil lifting as part of the efforts to increase oil and gas production capacity despite experiencing a decline in production in recent years.

PGN

Govt asked to impose LNG special pricing amid industrial gas supply deficit

The Indonesia Gas Society (IGS) has asked the government to consider implementing special pricing for liquefied natural gas (LNG) as an alternative to address the current deficit in pipeline gas supply.

PGN

PGN supplies natural gas of 9.49 BBtud to Freeport Indonesia smelter

State-owned gas distribution company PT Perusahaan Gas Negara (PGN) has supplied natural gas up to 9.49 billion British thermal units per day (BBtud) to the Manyar Smelter, the largest single-line copper smelter in the world operated by PT Freeport Indonesia.

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Russian SOE’s incomplete divestment halts Tuna Block development

The Upstream Oil and Gas Regulatory Task Force (SKK Migas) continues to push for the completion of the divestment of ZN Asia Ltd., a subsidiary of the Russian State-Owned Enterprise (SOE) Zarubezhneft, in the Tuna Block, located offshore East Natuna.

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SKK Migas: Repsol to continue upstream oil and gas investment in Indonesia

Head of Upstream Oil and Gas Regulatory Task Force (SKK Migas), Dwi Soetjipto, says that Spanish oil giant, Repsol, remains committed to continuing upstream oil and gas investments in Indonesia.

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ESDM ministry collaborates with Eramet to study Lithium reserve potential

The Geological Agency has established a strategic partnership with Eramet Indonesia to strengthen the electric vehicle ecosystem in the country.

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PLN committed to maintaining investment climate in domestic electricity sector

State electricity company PT PLN affirms its commitment to maintaining the investment climate in the domestic electricity sector following the completion of Mitsui & Co Ltd's divestment from PT Paiton Energy.

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Investors threaten to move factories to India, Vietnam amid gas supply uncertainty

The Indonesian Ceramic Industry Association (Asaki) says that ceramic production in the country is under threat due to disruptions in natural gas supply from PT Perusahaan Gas Negara (PGN).

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Pertamina sets up strategies against geopolitical impacts, rupiah depreciation

State oil and gas company PT Pertamina has prepared a number of strategic steps to anticipate the impact of geopolitical conditions and the depreciation of the rupiah exchange rate.

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