#Energy
Pertamina, Petronas, and INPEX forges partnership in Masela Block paving way for future development
Pertamina and Petronas are preparing a sales and purchase agreement (SPA) with Shell to transfer 35% participating interest in the Masela Block Liquified Natural Gas (LNG) project.
SEG Solar Inc and ATW Group establish solar panel manufacturing industry in Indonesia worth US$ 500 million
US solar power company, SEG Solar Inc. is collaborating with Indonesian company ATW Group with an investment of US$ 500 million (IDR 7.5 trillion) to build a solar panel and module manufacturing industry in the Batang Integrated Industrial Area (KITB), Central Java.
Pertamina partners with Chevron and Exxon to develop CCUS prototype
Coordinating Minister for Economic Affairs Airlangga Hartarto announced that the government is currently in the process of developing prototype of carbon capture, utilization, and storage (CCUS) technology.
ADB supports Indonesia's power plant conversion project with JETP funding
The Asian Development Bank (ADB) is providing its support for PT Pembangkit Listrik Negara (PLN) (Persero) in submitting funding for a project to convert a diesel power plant into a gas and steam power plant (PLTGU) through the Just Energy Transition Partnership Investment (JETP) program.
Indonesia shifts palm oil market focus to Africa amidst EU deforestation regulations
Indonesia, as one of the major global producers of palm oil, is strategically reassessing its export destinations in light of the recent deforestation regulations imposed by the European Parliament. The country is now eyeing Africa as a potential market for its palm oil products, signaling a significant shift in its trade dynamics.
PGE-Chevron consortium secures tender for Way Ratai geothermal working area in Lampung
PT Pertamina Geothermal Energi (PGE) and PT Jasa Daya Chevron had won the tender for the Way Ratai geothermal working area (WKP) in Lampung.
Pupuk Kaltim invests US$ 4 billion, builds green ammonia production facility
PT Pupuk Kaltim is planning to construct a green ammonia production facility with an investment value of US$ 4 billion (IDR 60.2 trillion) and a production capacity of 1 million tons per year.
Carbon trading open for indigenous and social forest
The Indonesian government is currently providing the opportunity for indigenous forest administrator and forests under the Social Forestry management scheme to take part in carbon trading under certain requirements.
Pertamina Hulu Energi seeks JETP funding to accelerate CCUS implementation in upstream oil and gas sector
Pertamina, through its subsidiary Pertamina Hulu Energi (PHE), is seeking to obtain funding from the Just Energy Transition Partnership (JETP) to accelerate the implementation of carbon capture utilization and storage (CCUS) technology for the upstream oil and gas sector.
70 companies join KADIN's Net Zero Hub program
As many as 70 companies have registered in the Net Zero Hub program initiated by the Indonesian Chambers of Commerce and Industry (KADIN).
SKK Migas approve project in Rokan work area, expects to boost production and revenue
The Special Task Force for Upstream Oil and Gas Business Activities (SKK Migas) has granted approval for the Sumatra Light Oil Phase-4 Project in the Rokan Working Area (WK), which will involve an investment of approximately IDR 12.5 trillion, and the use of Enhanced Oil Recovery (EOR) system.
UAE’s Masdar explores renewable energy project in IKN
Abu Dhabi-based clean energy company Masdar is currently exploring a renewable energy project in Nusantara capital city (IKN). The company has made it clear by sending a team to IKN.