#Energy
PetroChina commences exploration for new well in Jabung block
The endeavor for energy exploration in Indonesia takes another leap forward as PetroChina International Jabung Ltd., under its Contractor Cooperation Contract with the Upstream Oil and Gas Regulatory Task Force (SKK Migas), initiates drilling operations for the NEB BASEMENT-3 exploration well on March 16, 2024.
ESDM increases LNG cargo by 11 to support PGN gas supply
The administration of Joko “Jokowi” Widodo has ensured support for fulfilling the supply of natural gas to PT Perusahaan Gas Negara (PGN) with liquefied natural gas (LNG) following the occurrence of a gas deficit in Central Sumatra, South Sumatra, and Western Java.
PetroChina to energize Jabung block with cost recovery contract extension
Oil and gas company PetroChina International Jabung Ltd. positively sees the extension of the Jabung Working Area (WK) contract until 2043, utilizing the cost recovery contract scheme.
ESDM explores potential offshore oil field to bolster Indonesia's production
The Ministry of Energy and Mineral Resources (ESDM) is delving deeper into one of the offshore fields with potential oil reserves.
Gas supply deficit: LNG, a solution for industrial needs
The decrease in piped gas supply from various oil and gas fields necessitates alternative solutions to meet domestic industrial demand, with utilization of Liquefied Natural Gas (LNG) being one of them.
Hurdles in establishing Indonesia's first Thorium-based NPP
PT ThorCon Power Indonesia's ambition to construct Indonesia's first Thorium-based Nuclear Power Plant (NPP) faces significant hurdles due to legal uncertainties.
Ministry encourages investors to set up lubricant plants outside Java
The Ministry of Industry has recommended investors in the lubricant industry to build plants outside of Java Island amid significant vehicular mobility and high demand across various regions.
Shell Indonesia embarks on construction of 12 million liter Grease Plant
Shell Indonesia has commenced the construction of its first Grease Manufacturing Plant (GMP) in Indonesia, anticipated to be the third-largest grease manufacturing facility owned by Shell globally.
PLN to add power to nickel industry in East Kalimantan
State electricity company PT PLN has signed an agreement to increase power supply for East Kalimantan-based nickel mining company PT Kalimantan Ferro Industry (KFI) from 100 Mega Volt Ampere (MVA) to 300 MVA.
Securing PLN’s REC, Freeport's products set to be highly competitive
The Indonesian State power utility PLN has set up a cooperation agreement to meet the green energy needs of the PT Freeport Indonesia (PTFI) smelter through the purchase of 1,009,000 units of Renewable Energy Certificate (REC) or the equivalent of 1,009 GWh until 2025.
SKK Migas prioritizes uncommitted LNG volumes from Bontang & Tangguh for PGN
The Upstream Oil and Gas Regulatory Task Force (SKK Migas) is prioritizing uncontracted liquefied natural gas (LNG) volumes from the Tangguh and Bontang LNG plants for Stategas company PT Perusahaan Gas Negara (PGN).
Huayou reveals progress on $4.5 billion nickel project with Vale & Ford
Zhejiang Huayou Cobalt Co., along with PT Vale Indonesia (INCO), is working to secure environmental impact assessment (AMDAL) permits for the high-pressure acid leach (HPAL) smelter investment plan in Pomalaa Block, Southeast Sulawesi.