#Energy
Pertamina geothermal energy accelerates geothermal field development in Kenya
PT Pertamina Geothermal Energy (PGE) has sealed an agreement with Kenyan geothermal developer Geothermal Development Company Ltd. (GDC) and Africa Geothermal International Ltd (AGIL) to expedite the development of geothermal fields in Kenya.
Government plans roadmap for coconut-based biojet fuel
The Indonesian government is currently developing a roadmap for the utilization of coconut oil as a feedstock for the production of biojet fuel.
Pertamina International Shipping's profit jumps to US$ 330 million in 2023
Pertamina's Integrated Marine Logistics Subholding, Pertamina International Shipping (PIS), booked significant increase in net profit of US$330 million in 2023, an increase by 60.9 percent from its profit in 2022 of US$ 205 million.
United Tractor acquires geothermal company worth US$ 80.69 million
A business entity of PT United Tractors (UNTR) has signed a share purchase agreement of a geothermal company worth US$80.69 million, equivalent to Rp1.27 trillion.
Freeport's $3.17 billion smelter to commence production in August 2024
Copper and gold mining company PT Freeport Indonesia (PTFI) has confirmed that the first production phase of its Manyar Smelter in Gresik, East Java, will commence in August 2024.
Official: Indonesia's coal future remains bright
The Coordinating Ministry for Maritime Affairs and Investment is optimistic about the future of Indonesian coal, citing anticipated increase in demand from the world’s largest coal-importing countries. coming years.
Indonesia aims for energy independence with renewable resources
Minister of Defense Prabowo Subianto says Indonesia is aspiring to achieve energy self-sufficiency by embracing renewable resources such as cassava.
PLN EPI to supply 2.2 million tons of biomass to 47 PLN Group power plants
PLN Energi Primer Indonesia (PLN EPI), a subholding of State electricity company PT PLN, will supply 2.2 million tons of biomass to 47 power plants owned by PLN Group this year, a 220 percent increase compared to the 2023 realization of 1 million tons.
ESDM holds research on CCS potentials in Java, Kalimantan
The Geological Agency of the Ministry of Energy and Mineral Resources at the Ministry of Energy and Mineral Resources (ESDM) will conduct research on the potential for carbon dioxide emissions and Carbon Capture Storage (CCS) on Kalimantan Island.
PLN Nusantara Power achieves NRE synchronization in IKN
State electricity company PT PLN, through its sub-holding company PLN Nusantara Power, has connected the 10-megawatt (MW) phase I of the Nusantara Capital City (IKN) solar power plant to the transmission network on February 29, 2024. The IKN project has a total solar power capacity of 50 MW.
Indo Tambangraya Megah increases stake in renewable energy subsidiary
PT Indo Tambangraya Megah (ITMG) has raised its ownership stake in its subsidiary, PT Cahaya Power Indonesia (CPI), which operates in the renewable energy sector, particularly solar power. The increase in shares reflects the company's strategy to expand its business beyond the coal sector.
Pertamina NRE sells 491,000 tons of carbon credits since September
Pertamina New Renewable Energy, a sub-holding of PT Pertamina focusing on new and renewable energy has sold 491,000 tons of carbon credits since the launch of the Indonesia Carbon Exchange on September 26, 2023, until January 31, 2024.