#Natural Resources
PHE and PDC support NZE with nature energy's microalgae
PT Patra Drilling Contractor (PDC), a subsidiary of state-owned company PT Pertamina Drilling Services Indonesia (PDSI), supports PT Pertamina Hulu Energi's (PHE) program to reduce CO2 emissions/Net Zero Emissions (NZE) through the development of ELAM (Natural Energy) Microalgae innovations.
Bumi Resources to secure US$600 M loan for expansion, underground mining projects
Gold mining company PT Bumi Resources Minerals (BRMS), part of the Bakrie Group, plans to sign a US$600 million syndicated loan agreement (Rp10.03 trillion) with a consortium of foreign and local banks.
ENI and Petronas form NewCo to manage oil and gas assets in Indonesia, Malaysia
Italian energy giant ENI SpA signed an agreement with Petronas on Monday, November 3, 2025 to establish a new joint venture company called NewCo that will oversee 19 upstream oil and gas assets owned by both companies − 14 in Indonesia and five in Malaysia.
Indonesia’s energy transition still relies on fossil fuels, analyst warns
Indonesia’s energy transition policies remain inconsistent with the country’s net zero emission target, according to Wicaksono Gitawan, Policy Strategist at the Center for Energy Research and Advocacy on Humanity (CERAH).
Jardine C&C subsidiaries to acquire Indonesian gold miner for US$540 million
A Singaporean based investment holding company, Jardine Cycle & Carriage (Jardine C&C) announced on Monday, September 15, 2025 that two of its indirect subsidiaries have agreed to purchase Indonesian gold mining company Arafura Surya Alam (ASA) in a deal valued at US$540 million (Rp8.9 trillion).
Danantara, GEM Limited, Vale Indonesia ink US$1.42 B deal for nickel smelter
Indonesian investment firm Danantara, through its subsidiary Danantara Investment Management, has signed a US$1.42 billion (Rp23.29 trillion) partnership with GEM Limited and PT Vale Indonesia (INCO) to build a High-Pressure Acid Leach (HPAL) smelter with an annual capacity of 66,000 tons of nickel.
Indonesia to crack down on illegal mining in forestland starting September 1
Indonesia’s forestry task force will begin a crackdown on illegal mining operations in forest areas covering about 4.27 million hectares starting Monday, September 1, 2025.
Indonesia-Bangladesh strengthen energy cooperation with 1st joint committee meeting
Indonesia and Bangladesh held the inaugural Joint Committee Meeting on Energy on Monday, August 25, 2025, a milestone in strengthening the two countries’ strategic collaboration, after the signing of the Memorandum of Understanding (MoU) on energy cooperation on September 4, 2023.
Indonesia to offer incentives for nickel-based EV batteries to compete with LFP
The government will provide incentives to boost the development of Nickel Manganese Cobalt (NMC) batteries, aimed at making their prices competitive with the currently much cheaper Lithium Ferro Phosphate (LFP) batteries.
South Sumatra poised to sign first oil purchase deal from community-operated wells
South Sumatra is set to become the first region in Indonesia to sign an oil purchase contract from community-operated wells, said Deputy Minister of Energy and Mineral Resources (ESDM) Yuliot Tanjung.
U.S.-Indonesia trade deal raises environmental concerns over critical minerals
An environmental watchdog has warned of the environmental implications of the Indonesia-U.S. trade tariff deal that will grant the U.S. market access to key commodities, including critical ones, from Indonesia while Indonesia has agreed to remove export restrictions on these commodities.
Indonesia accelerates EV battery industry with US$5.9 B integrated nickel project
Indonesia’s state-owned mining holding company, MIND ID, is stepping up efforts to optimize the country’s strategic mineral potential to fuel the growth of the electric vehicle (EV) battery industry.