#Energy
PLN Group diversifies business collaborating with six startups on several news sectors
The PLN Group signed an MoU with six startups from Indonesia to explore business potential outside of electricity.
Four Chinese investors to begin construction in North Kalimantan Industrial Zone
Bahlil Lahadalia, Minister of Investment said that Chinese investors will start groundbreaking construction in North Kalimantan industrial area for 3 different industries.
Wood Mackenzie predicts Indonesia would be a gas importer by 2040 amid growing demand
Wood Mackenzie, an Energy Consultant from the United Kingdom projects that Indonesia would become a gas importer starting in 2040.
Pertamina and Posco jointly manage Bunga working area for the next 30 years, boosting Indonesia's oil and gas exploration
PT Pertamina Hulu Energi (PHE) North East Java and PT Posco International ENP Indonesia (Posco ENP) have signed to manage the Interest Working Area (WK) for the next 30 years.
ENI secures 82% participating interest in Indonesia Deepwater Development (IDD) project, securing the oil and gas potential
Ente Nazionale Idrocarburi (ENI), an oil and gas company from Italy, will become the new operator of the Indonesia Deepwater Development (IDD) project with an 82% stake.
Indonesia's vast Natuna D-Alpha gas field and 2 others to be auctioned until November 2023
The Natuna D-Alpha, Panai and Patin Working Areas (WK) will be auctioned off by the Ministry of Energy and Mineral Resources (ESDM). The bidding process of the work areas will end on November 2023.
PLN commits to drive energy transition through Hijaunesia and Hydronesia megaprojects
Indonesian state-owned electricity company PLN, through its subsidiary PLN Indonesia Power (PLN IP), is leading the Hijaunesia and Hydronesia megaprojects to drive Indonesia's energy transition. These projects aim to increase renewable energy capacity by 8.1 gigawatts (GW).
Indonesian state-owned enterprises spearheading hydrogen collaboration for a green future despite shortcomings in its roadmap
Indonesian state-owned enterprises (SOEs) are currently taking the lead to forge significant collaboration with various stakeholders to develop and utilize hydrogen for clean and sustainable energy sources.
Indonesian coal sector saw shortage in heavy mining tires hampering its production
The coal mining sector in Indonesia is experiencing a shortage of tires for heavy equipment. It is projected that the supply of heavy machinery tires in Indonesia will only be able to supply for the next 2 months. Currently, there are no factories in Indonesia that can produce off-road radial tires.
Harbour Energy seeks new partner for Tuna Block amidst complications with Zarubezhneft
Harbour Energy is looking for a new partner for the Tuna Block in the Natuna Islands after Zarubezhneft plans a divestment.
Indonesia's oil and gas drilling targets threatened by rig shortage, SKK Migas takes action to tackle crisis
The Indonesian Petroleum Association (IPA) highlighted a number of problems with the scarcity and high rental costs of rigs for upstream oil and gas activities in Indonesia.
Repsol decides to leave Andaman III Block after fruitless exploration
The Special Task Force for Oil and Gas (SKK Migas) has announced that the Spanish oil and gas company, Repsol Andaman B.V., is withdrawing from the oil drilling project in the Andaman III Block located in the North Sea of Aceh.