#Energy
Indonesia explores oil and gas basin for production increase
Minister of Emergy and Mineral Resources, Arifin Tasrif, says Indonesia is currently focusing its efforts on exploring oil and gas basins in an attempt to increase their production amid declining production of the two energy sources.
Oil and gas to continue to play pivotal role In Indonesia energy transition: Minister
Minister of Energy and Mineral Resources (ESDM), Arifin Tasrif says oil and gas will continue to play a pivotal role in securing Indonesia energy supply, particularly in transportation and power sectors, despite the present worldwide trend of adopting cleaner and renewable energy sources amid the transition towards Net Zero Emission by 2060.
ENI spin off of promising oil and gas ventures Indonesia and Ivory Coast
Italian energy behemoth Eni is embarking on a spin-off strategy for its potential oil and gas (O&G) projects, aiming to bolster these endeavors while sharpening its focus on low-carbon business ventures.
Jejakin secures new funding to accelerate climate actions with technology
Jejakin, an Indonesian-based climate tech provider focusing on carbon management platform, has secured new funding of US$2.7 million to finance major areas of R&D, technological improvement, and market growth.
IEEFA: Cut on PLTU dependence to end PLN’s, Indonesia's financial burden
State electricity company PT PLN can solve its financial problems by accelerating the development of solar and wind energy. Increased solar and wind energy capacity, as well as less coal, will cut PLN's cost of generation, which in turn will lower the country's electricity subsidy burden.
PME completes four underwater projects, boosting national energy infrastructure
PT Pertamina Marine Engineering (PME), an oceanography, underwater and port construction and maintenance services provider of State oil and gas company PT Pertamina, has successfully concluded four underwater work services (UWS) projects in the first quarter of 2024.
World renewable electricity reaches 30 percent, RI lags at 20 percent: Report
Renewable energy record pushes the world towards a new era of less fossil-based electricity.
PIS acquires two VLGCS, gains top tier position in ASEAN LPG transport
PT Pertamina International Shipping (PIS) is solidifying its position as a top-tier player in ASEAN LPG transport by acquiring two additional Very Large Gas Carriers (VLGCs), named VLGC Pertamina Gas Caspia and VLGC Pertamina Gas Dahlia.
Pertamina to increase oil lifting amid production decline
State oil and gas company PT Pertamina is committed to boosting crude oil lifting as part of the efforts to increase oil and gas production capacity despite experiencing a decline in production in recent years.
Govt asked to impose LNG special pricing amid industrial gas supply deficit
The Indonesia Gas Society (IGS) has asked the government to consider implementing special pricing for liquefied natural gas (LNG) as an alternative to address the current deficit in pipeline gas supply.
PGN supplies natural gas of 9.49 BBtud to Freeport Indonesia smelter
State-owned gas distribution company PT Perusahaan Gas Negara (PGN) has supplied natural gas up to 9.49 billion British thermal units per day (BBtud) to the Manyar Smelter, the largest single-line copper smelter in the world operated by PT Freeport Indonesia.
Russian SOE’s incomplete divestment halts Tuna Block development
The Upstream Oil and Gas Regulatory Task Force (SKK Migas) continues to push for the completion of the divestment of ZN Asia Ltd., a subsidiary of the Russian State-Owned Enterprise (SOE) Zarubezhneft, in the Tuna Block, located offshore East Natuna.