#Energy
Amman Mineral signs LNG supply agreement with Pertamina
Amman Mineral Nusa Tenggara (AMNT), a subsidiary of PT Amman Mineral Internasional Tbk (AMMN), has entered into a preliminary agreement with PT Pertamina. This agreement was mutually signed on Wednesday, September 20, 2023.
Energy and Mineral Resources Ministry to auction three oil and gas blocks in Papua
The Ministry of Energy and Mineral Resources (ESDM) has announced the offering of Phase III Oil and Natural Gas Working Areas (WK Migas) for the year 2023. These three oil and gas blocks are all located in the Papua region.
Indonesia's Stock Exchange (BEI) receives license to operate carbon exchange
The Indonesia Stock Exchange (BEI) has been granted a license to operate a carbon exchange by the Financial Services Authority (OJK). It is believed that the success of the carbon exchange in Indonesia is key to global decarbonization.
Krakatau Daya Listrik develops solar panel giving impacts on reducing emissions
PT Krakatau Daya Listrik (KDL) has successfully developed solar panel installations with four different mechanisms. This subsidiary of the Chandra Asri Group has installed solar panels in various projects, including industrial and retail.
Pertamina cooperates with Malaysian company to commercialize LNG
A subsidiary of Pertamina, PT Pertamina International Shipping (PIS), PT Davenergy Mulia Perkasa, and Malaysian offshore energy facility provider Bumi Armada Malaysia have signed an agreement for the development and commercialization of liquefied natural gas (LNG) in Indonesia. This agreement was reached on Wednesday, September 13th.
Indonesia aims to lead Southeast Asia in CCS/CCUS technology
The Ministry of Energy and Mineral Resources said that the government is targeting Indonesia to become a center for carbon storage technology in Southeast Asia. This is reflected in President Joko 'Jokowi' Widodo's plans to expand the development of storage technology beyond the upstream oil and gas (oil and gas) sector. However, there are problems that also need to be addressed.
PLN green energy transition gets financial boost from landmark MoU with Export Finance Australia
PT PLN (Persero) is exploring green financing cooperation from Export Finance Australia (EFA) to accelerate the energy transition in Indonesia. This exploration was marked by the signing of an MoU between the two.
Indonesia to export power plant to Singapore, demands 60% domestic component ratio
The Indonesian government has set a requirement for Singapore to accommodate the use of domestic services and goods or domestic component ratio (TKDN) of 60% for the export of 4 gigawatts (GW) of electricity from 2027 to 2035.
Pertamina refinery processes over 340 million barrels of crude oil throughout 2023
PT Kilang Pertamina International (KPI) processed crude oil above 340 million barrels throughout 2023, slightly higher than previous year’s position of 321 million barrels.
Revised regulation on rooftop solar power plants issued, quota system imposed
Minister of Energy and Mineral Resources (ESDM), Arifin Tasrif, has issued a revised regulation regarding the utilization of rooftop solar power plants.
ESDM to continue plans for Inalum bauxite smelter project
Minister of Energy and Mineral Resources (ESDM) Arifin Tasrif recently unveiled plans for the continuation of the bauxite smelter project by PT Indonesia Asahan Aluminium (Inalum), which is targeted to be completed by 2027. This announcement came following a closed-door meeting with President Joko “Jokowi” Widodo at the State Palace on Monday, February 5, 2024.
Supporting decarbonization, Pertamina Patra Niaga facilitates carbon purchases
In an effort to provide decarbonization solutions for its business partners, Commercial and trading subholding of Pertamina, PT Pertamina Patra Niaga, is opening opportunities for carbon trading with domestic and international companies.