#Government
NGO asks government to restrict mining in Halmahera
Coastal, inland and small island communities in mainland area of Central Halmahera Regency, North Maluku are threatened with eviction, expulsion from their home areas, forced to accept relocation due to the development of National Strategic Project, while others are threatened by ecosystem destruction due to massive development.
Trade Minister aims to conclude IEU-CEPA negotiations next week
Minister of Trade Zulkifli Hasan has set the target of concluding the negotiations for the Indonesia-European Union Comprehensive Economic Partnership Agreement (IEU-CEPA) next week, marking the end of nine years of discussions.
Elnusa's “Slurry Merah Putih”ready for a wider market
PT Elnusa (ELNUSA), a subsidiary of PT Pertamina Hulu Energi (PHE) which is a member of Pertamina's Upstream Subholding, continues to develop innovations in the products and services offered to reach a wider market.
ISF 2024 to pave the way for Indonesia's renewable electricity exports to Singapore
The upcoming Indonesia International Sustainability Forum (ISF) 2024 is set to open new avenues for Indonesia, with plans to export renewable electricity, particularly solar power, to Singapore, an initiative considered as a significant step towards regional collaboration in green energy.
PM expresses Singaporean investors’ commitment to invest in Indonesia
Singaporean Prime Minister Laurence Wong expresses the interest and commitment of several Singaporean companies to invest in Indonesia, including the potential of Carbon Capture and Storage (CCS), industrial estates, and power plants in Batam, Bintan, and Karimun (BBK) zone.
Extension of PT Freeport Indonesia's IUPK still under negotiation: Bahlil
The Ministry of Energy and Mineral Resources (ESDM) has revealed that the extension of the special mining business permit (IUPK) for PT Freeport Indonesia (PTFI) is still in the negotiation phase and has not yet been finalized.
PGN books US$186.6 million net profit in first semester of 2024
State-owned gas company PT Perusahaan Gas Negara (PGN), a Gas Subholding of PT Pertamina, booked a net profit of US$186.6 million for the first semester of 2024, which was obtained from consolidated revenue of US$1.84 billion, operating profit of US$293.2 million, and Earnings before interest, taxes, depreciation, and amortization (EBITDA) of US$578.1 million.
Pertamina explores strategic cooperation opportunities with U.S.businesses
State energy company PT Pertamina, through its sub-holding Pertamina New and Renewable Energy, was on an international roadshow in the United States, participating in the Indonesia-United States Business Forum held at The Mayflower Hotel, Washington DC, on Monday, August 26, 2024.
Rosan aspires to elevate Singapore's investmentin Indonesia
Minister of Investment/Chairman of the Investment Coordinating Board (BKPM), Rosan P. Roeslani, has set the target of seeing increased Singapore’s investment in Indonesia, surpassing the current benchmark of US$63.17 billion, which reflects the cumulative Singapore’s investment 2019 to June 2024, accounting for 29.8 percent of Indonesia's total Foreign Direct Investment (FDI).
ESDM Minister pushes for swift completion of renewable energy bill
Minister of Energy and Mineral Resources (ESDM), Bahlil Lahadalia, has set to finalize the discussion of the New and Renewable Energy Bill (EBET) within the next two months, emphasizing its importance for optimizing Indonesia's rich renewable energy resources and carbon capture and storage(CCS) potential.
ESDM ministry approves first development plan for Geng North Field
The Ministry of Energy and Mineral Resources (ESDM) has approved the first Plan of Development (POD) for the Geng North Field, located in the North Ganal Working Area, indicating a significant step in the North Hub Development Project in the Makassar Strait, which is expected to boost national oil and gas production.
NU secures IUP for coal in East Kalimantan, plans exploration in January 2025
The Executive Board of Nahdlatul Ulama (NU) Muslim organization has officially obtained a special mining business permit (IUP) for coal in East Kalimantan, citing plans to begin the exploration phase in January 2025.