#Energy
Pertagas, PHE explore gas compressor utilization to reduce production costs
PT Pertamina Gas (Pertagas) and PT Pertamina Hulu Energi (PHE) have entered into a collaboration to explore the utilization of gas compressors for PHE's operational and production needs.
Two Medco oil and gas projects to beonstream by October 2024
The Upstream Oil and Gas Regulatory Task Force (SKK Migas) is pursuing two strategic projects by Medco E&P Natuna Ltd, namely Forel and Bronang, for onstream production by October this year.
Pertamina-ExxonMobil CCS project investment to be decided by 2026
The Coordinating Ministry for Maritime Affairs and Investment has announced that the final investment decision (FID) for the carbon capture and storage (CCS) project in the Sunda-Asri Basin area, offshore Southeast Sumatra, will be made no later than 2026.
SKK Migas blames Covid-19, old facilities for drop in oil production
The Upstream Oil and Gas Regulatory Task Force (SKK Migas) has revealed the reason for drop in the country’s oil production, blaming the Covid-19 pandemic and old facilities as the culprit.
Pertamina signs strategic partnership with Eni to boost national energy security
Indonesian State energy company PT Pertamina took a significant step towards enhancing the country's energy security by signing a Memorandum of Understanding (MOU) with Eni SpA in the Netherlands on Friday, April 19, 2024.
ESDM minister: Buton has 5 billion barrel oil potential
Minister of Energy and Mineral Resources (ESDM) Arifin Tasrif has asked State energy company PT Pertamina to develop the oil prospect in Buton, an offshore field in Southeast Sulawesi.
SKK Migas askscontractors to seize oil price surge momentum
The Upstream Oil and Gas Regulatory Task Force (SKK Migas) is encouraging contractor cooperation contract (KKKS) to capitalize on the current surge in global oil prices.
SKK Migas prepares 2 additional LNG cargoes for PGN
The Upstream Oil and Gas Regulatory Task Force (SKK Migas) is preparing two additional liquefied natural gas (LNG) cargoes for PT Perusahaan Gas Negara or PGN. These LNG cargoes will be drawn from the Tangguh Refinery in Bintuni Bay, West Papua.
Escalating Iran-Israel conflict spurs continued affordable gas program
Amidst the escalating tensions between Iran and Israel following Israel's strikes on Iran, domestic industry players are apprehensive about the repercussions on the Middle East conflict. This situation has prompted the government to advocate policies supporting manufacturing productivity.
PGE advances geothermal technology in Indonesia
Pertamina Geothermal Energy (PGE), a subsidiary of oil and gas company Pertamina, continues to develop breakthrough technologies to enhance efficiency in geothermal development in Indonesia.
Masdar to invest in Solar power plant at Nusantara Capital
Coordinating Minister for the Economy, Airlangga Hartarto, has revealed that UAE-based energy company Masdar is set to invest in the construction of a 1.2-gigawatt (GW) Solar Power Plant (PLTS) at the Nusantara Capital City (IKN) in North Penajam Paser regency, East Kalimantan.
RDMP enhances petrochemical production at Kilang Balikpapan
The Refinery Development Master Plan (RDMP) project at Kilang Balikpapan is set to boost gasoline and gasoil series production while also expanding into petrochemical products, solidifying PT Kilang Pertamina Internasional’s (KPI) position in the petrochemical business.