#Energy
Mubadala Energy's interests sparks new hope for Andaman III exploration
Mubadala Energy has expressed keen interest in continuing exploration efforts in Block Andaman III in the North Aceh Sea, after the withdrawal of Repsol and Petronas.
Indonesian state-owned enterprises to embrace active engagement in ASEAN across key sectors
Erick Thohir, The Minister of State-Owned Enterprises (BUMN), has called upon Indonesian state-owned enterprises to take proactive steps in identifying and leveraging opportunities, especially within the Southeast Asian region (ASEAN).
Pertamina explores renewable energy investment opportunities in Africa
Pertamina New Renewable Energy (NRE) has expressed its interest in investing in gas-based and renewable energy (RE) electricity provision in Africa. The plan was announced by Pertamina NRE CEO Dannif Danusaputro during his visit to South Africa on Friday, August 25th.
OJK issues regulation on carbon trading, government expects trading value to reach US$ 15 billion annually
The Financial Services Authority (OJK) has introduced a regulation regarding carbon trading via carbon exchanges. This regulation, referred to as OJK Regulation (POJK) No. 14/2023, provides instructions and guidance for market organizers engaged in carbon trading through carbon exchanges.
Investors hesitate to fund early retirement of coal-fired power plants, CSIS says
According to a survey by The Centre For Strategic and International Studies (CSIS) and Tenggara Strategics, funding for the early retirement of coal-fired power plants (PLTU) is not gaining significant interest from foreign investors.
Green milestone achieved as West Nusa Tenggara launches groundbreaking CBG plant
In a remarkable stride towards sustainability, Governor Zulkieflimansyah of West Nusa Tenggara (NTB) placed the cornerstone for the construction of a Compressed Biogas (CBG) factory in West Lombok District on Thursday, August 17, 2023. This significant step underscores NTB government's commitment to emission reduction and a greener future.
Energy transition funding delayed to end of 2023 while energy organization object towards the funding
The Comprehensive Investment and Policy Plan (CIPP) for the funding of the Just Energy Transition Partnership (JETP), which was initially scheduled for release on Wednesday, August 16th, has been postponed until late 2023.
PLN partners with NuScale Power to develop small-scale modular nuclear reactor by 2030
PT Pembangkit Listrik Negara (PLN) (Persero) will develop a nuclear power plant through its subsidiary PLN Indonesia Power (PLN IP) in cooperation with NuScale Power from the US and several other entities.
Experts called upon halting the construction of new smelters as nickel reserves dwindle
Mining experts and members of Indonesia's House of Representatives (DPR RI) have jointly called upon the government to halt the construction and implement a moratorium on new nickel smelters within the country.
ASEAN's largest floating solar power plant is set through collaboration between PJB and Masdar
A floating Solar Power Plant (PLTS) in Cirata Reservoir, West Java will soon be constructed with an investment value of IDR 1 trillion.
Jokowi's push for EV hub status gains momentum with Mitsubishi Fuso and Hozon
Indonesia's extensive 12-month effort to attract investment from billionaire Elon Musk appears to have encountered a setback as Musk has chosen to establish Tesla's Southeast Asian main office in Selangor, Malaysia, a neighboring country.
Exxon to tap into 42 million barrels of potential oil reserves in Cepu Block
ExxonMobil Cepu Limited (EMCL), also known as Exxon, is making efforts to tap into an additional oil reserve potential of 42 million barrels through drilling activities involving five infill wells and two exploration wells for clastic layers in the Banyu Urip oil field, located in the Cepu Block, East Java.