#Energy
Medco Energi completes Ophir Vietnam Block 12W B.V. divestment
PT Medco Energi Internasional announces the completion of divestment of its entire shareholding in Ophir Vietnam Block 12W B.V.(OVBV) to Bitexco Energy Company Limited . OVBV holds a 31.875 percent participating interest in Chim Sao and Dua (Block 12W) oil and gas producing fields located in Vietnam.
SCG increases use of industrial waste as alternative fuel, raw material
SCG, the largest cement and building materials company in Southeast Asia, has boosted the utilization of industrial waste as fuel and alternative raw materials at its Indonesian subsidiary, PT Semen Jawa.
Venezuela offers numerous prospective oil blocks to Indonesia
Director General of Oil and Gas at the Ministry of Energy and Mineral Resources (ESDM), Tutuka Ariadji, reveals that Venezuela has offered several prospective oil blocks to Indonesia, but the United States' embargo on Venezuela remains a constraint for further acquisitions in the country.
ATLA makes debut on Indonesia stock exchange
PT Atlantis Subsea Indonesia (ATLA) made a remarkable debut on the Indonesia Stock Exchange (BEI) on April 16, 2024, raising IDR 120 billion (US$7 million), and thus becoming the 21st issuer on the exchange this year.
Government ensures Indonesia does not import oil and gas from Iran
The Ministry of Energy and Mineral Resources (ESDM) ensures that Indonesia does not import oil and gas from Iran in the wake of the Iran-Israel conflict.
BP-AKR inaugurates 50th BP petrol station operation
PT Aneka Petroindo Raya (BP-AKR) − the management of BP fuel station stations in Indonesia − opened its 50th fuel station, the Raffles Hills BP fuel station, located in Cimanggis sub-district, Depok city, West Java, early this month.
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.