#Energy

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ExxonMobil construct new facility to improve oil production in Cepu Block

ExxonMobil Cepu Ltd (EMCL) is actively working to monetize gas by-products from the Banyu Urip Field within the Cepu Block as a strategic move to counter the recent decline in oil production, which currently stands at 140,000 barrels of oil per day (bopd).

kemenperin-startup

PLN invites startups to collaborate in energy transition

PT PLN (Persero) urges Indonesian startups to collaborate within its ecosystem, addressing challenges in the energy transition. PLN aims to leverage innovation from startups to overcome deficiencies in its energy transition program.

LG

Indonesia Battery Corporation and LG are in talks to construct a cathode manufacturing facility valued at IDR 12.48 trillion in the Batang region

PT Industri Baterai Indonesia, also recognized as Indonesia Battery Corporation (IBC), is currently immersed in extensive discussions with LG Energy Solution Ltd (LGES) with the objective of establishing a cathode manufacturing facility within the Integrated Industrial Zone of Batang, situated in Central Java.

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AKR Corporindo expands LNG project in collaboration with BP gas and Power Investment Limited

PT AKR Corporindo Tbk (AKRA), a prominent oil distributor, is set to embark on a liquefied natural gas (LNG) project in the Java Integrated Industrial and Port Estate (KEK JIIPE) in Gresik, East Java. 

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Pertamina Finalizes Decision on Investment for Masela Block Totaling IDR 535.96 Trillion

Pertamina is looking forward to making the final investment decision (FID) for the LNG Abadi Block Masela project in the Tanimbar Islands, Maluku, in the next one to two years.

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President Jokowi inaugurates Tangguh Train 3, boosting Indonesia's LNG production

President Joko "Jokowi" Widodo inaugurated the Tangguh Train 3 National Strategic Project (PSN) in Teluk Bintuni regency, West Papua province, on November 24, 2023. The newly inaugurated facility is poised to enhance Tangguh's annual LNG production to an impressive 11.4 million tonnes.

Contemporary-Emperex-Technology-Co.-CATL

Contemporary Amperex Technology (CATL) investment in Indonesian battery megaproject to be completed in December

Contemporary Amperex Technology Co (CATL), a prominent Chinese battery manufacturer, is set to fulfill its investment commitment for an Indonesian battery project in early December 2023.

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Obstacles to invest in NRE in Indonesia according to Ernst & Young

Ernst & Young (EY), an international audit institution, assesses that the main obstacles to investing in new renewable energy (NRE) in Indonesia are the lack of viable projects and obstacles in policies and processes.

Electricity-sector

Private electricity producers are starting to consider JETP financing

Independent Power Producers (IPPs) are expressing optimism about the Comprehensive Investment and Policy Plan (CIPP) under the Just Energy Transition Partnership (JETP), which was officially launched on November 21, 2023.

Pertamina-Green-Petroleum

Pertamina Patra Niaga signs MoU with BTR New Energy Material to supply raw materials for anodes

In its ongoing commitment to contribute to the energy transition, PT Pertamina Patra Niaga recently entered into a Memorandum of Understanding for a collaboration involving the sale and purchase of Green Petroleum Coke, a key raw material for Anodes used in the Battery Industry.

PLN-Pwerchina

PLN partners with Powerchina International Group to explore wind energy

PT PLN (Persero), in collaboration with its subsidiary PLN Nusantara Power (NP), has entered into a partnership with Powerchina International Group Limited (Powerchina) to explore the viability of wind energy in Indonesia.

PGN

PGN encourages use of clean energy in achieving smart cities status

PT Perusahaan Gas Negara Tbk, operating as Subholding Gas Pertamina, actively promotes the establishment of sustainable Smart Cities based on clean energy.

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