#International
British & UAE oil companies join forces for exploration in Andaman Sea
A collaborative effort between British and United Arab Emirates (UAE) oil companies, Harbour Energy & Mubadala Energy, continues to intensify as they progress with advanced drilling operations to ascertain gas reserves in the Andaman Sea.
Securing continuity of Masela Block, Inpex pursues long-term LNG sales contracts
The Japanese oil giant, Inpex Corporation, is currently seeking long-term gas buyers for the Abadi LNG project in the Masela Block.
Indonesia breaks ground as OECD initiates accession talks, aims for global standards
In a historic move, the Organization for Economic Cooperation and Development (OECD) has decided to open accession discussions with Indonesia, marking a significant milestone in their collaborative efforts.
PGN ventures into China's LNG market
State-owned gas distributor PT PGN (PGAS), a subsidiary of Pertamina, has taken a bold step towards expanding its global business operations by orchestrating the sale of seven liquefied natural gas (LNG) cargoes to China. The move, equivalent to 64 billion British thermal units per day (BBtud), signifies PGN's entrance into the international LNG market and underscores its commitment to diversifying its energy sales portfolio on a global scale.
U.S. Government congratulates Indonesia on election, highlights climate cooperation
The United States government congratulates the Indonesian people for their significant participation in the 2024 elections and expresses hope for collaboration with the elected president in addressing climate change.
Pertamina teams up with ENI and Petronas to explore African, S. American oil blocks
PT Pertamina Hulu Energi (PHE) has entered into a collaboration with the Italian oil and gas company ENI and Malaysia's Petronas to explore the potential of oil and gas blocks in Africa and South America.
ESDM strikes deal with Eni on decarbonization program
The Ministry of Energy and Mineral Resources (ESDM) signed a low-carbon business development cooperation agreement with Italian oil giant Eni S.p.A (Eni) at the ministry headquarters in Jakarta on Friday, February 2, 2024.
Luhut discusses IKN investment, oil refineries with UAE Energy Minister
The Coordinating Minister for Maritime Affairs and Investment (Menko Marves), Luhut Pandjaitan, once again met with the Minister of Energy and Infrastructure of the United Arab Emirates (UAE), Suhail Mohamed Al Mazrouei, to discuss the technical continuation of investment cooperation in several sectors.
Conrad pursues gas export from Indonesia to Singapore
Conrad Asia Energy Ltd. continues its efforts to secure access for the sale of gas from the Duyung Block to Singapore through the pipeline facilities of the West Natuna Transportation System (WNTS) joint venture. These efforts involve commercial and legal agreements to supply gas to the prospective buyer, SembCorp Gas Pte Ltd., a Singaporean power company.
Russian investment of Rp211.9 trillion stalled in Tuban
The investment by Rosneft Singapore Pte Ltd, an affiliate of the Russian oil company Rosneft, in the strategic national project Grass Root Refinery in Tuban, East Java, is currentlyinterupted due to the escalating geopolitical situation resulting from the war in Ukraine.
Negotiations for gas export to Singapore stalled, Mako field investment postponed
Conrad Asia Energy Ltd has confirmed the postponement of the final investment decision (FID) for the Mako gas field in Natuna regency until mid-2024. Initially, the FID was targeted to be completed by the end of 2023.
Indonesia, Finland collaborate to advance energy transition
The Indonesian government has forged a partnership with Finland aimed at boosting investment and fostering bilateral cooperation.