#Energy
TOBA clarifies non-involvement in Danantara’s waste-to-energy, patriot bond projects
Energy company PT TBS Energi Utama (TOBA) has confirmed that it will not participate in the government’s upcoming waste-to-energy (PLTSa) projects or the issuance of Patriot Bonds through the state-backed investment management agency, Danantara.
Government targets full domestic supply for E10 biofuel by 2027, partners with Brazil
Government plans to meet the total demand for its upcoming 10 percent ethanol-blended fuel (E10) mandate entirely from domestic production by 2027, Energy and Mineral Resources (ESDM) Minister Bahlil Lahadalia said on Friday, October 24, 2025.
Indonesia’s energy transition still relies on fossil fuels, analyst warns
Indonesia’s energy transition policies remain inconsistent with the country’s net zero emission target, according to Wicaksono Gitawan, Policy Strategist at the Center for Energy Research and Advocacy on Humanity (CERAH).
Government to fast-track subsidy compensation payments to PLN, Pertamina
Energy and Mineral Resources (ESDM) Minister Bahlil Lahadalia met with Finance Minister Purbaya Yudhi Sadewa and State-Owned Enterprises Agency (BP BUMN) Head Donny Oskaria on Friday, October 13, 2025 to finalize the government’s subsidy compensation payments for electricity and fuel.
Bp warns of slow global decarbonization, praises Indonesia’s strategic role
Bp Chief Economist, Spencer Dale, says global energy transition remains slow, with oil and gas expected to play a central role in the world’s energy supply for at least the next 15 years.
Indonesian listed firms race to tap waste-to-energy market amid government push
The waste-to-energy (WtE) business is drawing increasing attention from Indonesian listed companies, with firms such as PT TBS Energi Utama (TOBA), PT Maharaksa Biru Energi (OASA), and PT Astrindo Nusantara Infrastruktur (BIPI) preparing to expand their presence in the sector.
Danantara-PLN launch waste-to-energy project to tackle Indonesia’s trash crisis
PT Danantara Investment Management has partnered with State power utility PT PLN to develop a waste-to-energy (WtE) project, converting household waste into renewable electricity through incinerator technology, with PLN going to serve as the primary buyer of the electricity generated from the facilities.
Finance Minister, legislators clash over unpaid energy subsidies
A heated verbal exchange broke out at Finance Commission XI of the House of Representatives (DPR) hearing on Tuesday, September 30, 2025, as Finance Minister Purbaya Yudhi Sadewa and legislators debated conflicting claims over outstanding subsidy and compensation payments to state-owned energy firms PT Pertamina and PT PLN.
Vivo Energy agrees to source fuel supply from Pertamina
PT Vivo Energy Indonesia (Vivo) has reached an agreement to procure fuel feedstock through a business-to-business (B2B) scheme with Pertamina Patra Niaga (PPN). Under the deal, Vivo committed to absorb 40,000 barrels out of the 100,000 barrels offered by Pertamina.
Shell to exit Indonesian fuel station business by 2026
Shell will withdraw from its fuel station business in Indonesia by 2026, according to an announcement from PT Shell Indonesia, a subsidiary of Shell plc.
Finance Minister asked to cut electricity subsidies through solar energy expansion
The Indonesian Foundation for Sustainable Welfare (SUSTAIN) has submitted four policy recommendations to Finance Minister Purbaya Yudhi Sadewa aimed at reducing electricity subsidies by accelerating the use of solar energy.
Japex-Energi Mega Persada progress with Gebang gas block development in N. Sumatra
The Upstream Oil and Gas Regulatory Task Force (SKK Migas) has reported progress on the development of Gebang Gas Field in Lap Sicanggang, North Sumatra, a joint venture between Japan Petroleum Exploration (Japex) and Energi Mega Persada (EMP) with a 50-50 partnership.