#Energy
Market liberalization and energy security: Promises not always kept
By Nikolaus Loy, a lecturer on international relations at the UPN Veteran University. Yogyakarta
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 $4.5 billion nickel project with Vale & Ford
Zhejiang Huayou Cobalt Co., along with PT Vale Indonesia (INCO), is working to secure environmental impact assessment (AMDAL) permits for the high-pressure acid leach (HPAL) smelter investment plan in Pomalaa Block, Southeast Sulawesi.
Pertamina geothermal energy accelerates geothermal field development in Kenya
PT Pertamina Geothermal Energy (PGE) has sealed an agreement with Kenyan geothermal developer Geothermal Development Company Ltd. (GDC) and Africa Geothermal International Ltd (AGIL) to expedite the development of geothermal fields in Kenya.
Government plans roadmap for coconut-based biojet fuel
The Indonesian government is currently developing a roadmap for the utilization of coconut oil as a feedstock for the production of biojet fuel.
Pertamina International Shipping's profit jumps to US$ 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.