#Energy
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).
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.
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.
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.
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.
PLN Secures 4 Strategic Collaborations to Accelerate Energy Transition at COP 28
PT Perusahaan Listrik Negara (PLN) has successfully secured four significant agreements aimed at expediting the incorporation of renewable energy sources during the United Nations Climate Change Conference, COP 28, held in Dubai, United Arab Emirates over the past weekend.
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 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.
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.
IMOC, Real-time and Integrated Digitalization of PGN Services
PT PGN Tbk, a Subholding Gas under Pertamina, is committed to enhancing its responsiveness to customer complaints by implementing various initiatives. One such effort involves the development of tools to monitor business processes and bolster real-time, integrated customer service, exemplified by the Integrated Monitoring Center (IMOC).
Indonesia and the IPG, formally launched the JETP Investment Plan totaling IDR 333 trillion
The official establishment of the Comprehensive Investment and Policy Plan (CIPP) within the Just Energy Transition Partnership (JETP) marked a significant milestone on Tuesday, November 21, 2023, as the Indonesian government collaborated with the International Partners Group (IPG).
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.