#Oil and Gas

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Government finalizes selection of New Director General of Oil and Gas

The Ministry of Energy and Mineral Resources (ESDM) has finalized the selection of  the new Director General of Oil and Gas, including a 30-minute interview with each candidate, assessment on written papers and evaluation by the ministry's secretariat on five candidates interviewed in late April.

Government inaugurates US$130 million Akatara Gas Project in Jambi

Deputy Minister of Energy and Mineral Resources (ESDM), Yuliot Tanjung, inaugurated on Wednesday, April 16, 2025 the US$130 million Akatara Gas Processing Facilities (AGPF) project in Bram Itam Raya Village, West Tanjung Jabung Regency, Jambi Province. 

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SKK Migas pushes for early final investment decision on Masela block

The Upstream Oil and Gas Regulatory Task Force (SKK Migas) has requested that the final investment decision (FID) for the Masela Block project be completed in 2026 or ahead of the initial target of 2027.

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Trump's policy triggers global trade restructuring, oil prices to plummet: Expert

The reciprocal tariff policy of United States President Donald J. Trump against a number of trading partner countries has the potential to trigger restructuring of international trade, which is anticipated to lead to global economic slowdown and a sharp decline in world oil prices and in particular affecting the Indonesian economy, says an expert. 

Medco-oil

Indef warns of major hurdles in achieving 2025 oil and gas lifting target

An independent and autonomous research and policy studies institution, the Institute for Development of Economics and Finance (Indef), has revealed a number of challenges in achieving the target of oil and gas lifting in 2025.

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Russia reaffirms commitment to funding Tuban Refinery project, FID still pending

The Ministry of Energy and Mineral Resources (ESDM) has confirmed that Russia remains committed to funding the Grass Root Refinery (GRR) project at the Tuban Refinery.

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Slow infrastructure, legal uncertainty hampers domestic gas utilization: Expert

Indonesia has abundant gas reserves, but its utilization is still far from optimal due to the slow development of infrastructure, says an energy expert. 

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PGN prepares natural gas supply for Jatengland Industrial Area

PT Perusahaan Gas Negara (PGN) is exploring the provision of natural gas supply and infrastructure for the Jatengland Industrial Area in Central Java as part of its commitment to expanding the utilization of natural gas to support national industrial growth.

Medco-natuna

Pertamina launches oil & gas exploration in Natuna to strengthen energy security

Pertamina East Natuna, a subsidiary of Pertamina’s upstream oil and gas division, has commenced exploration in the North Natuna Sea as part of efforts to increase Indonesia’s domestic hydrocarbon reserves. 

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PGN anticipates profit margin impact from extended gas price policy in 2025

State-owned gas distributor PT Perusahaan Gas Negara (PGN) has revealed the impact of the extension of the Specific Natural Gas Price (HGBT) program in 2025.

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Indonesia accelerates oil production, refinery expansion to boost energy security

The government is determined to increase national oil production and construct refineries with a total capacity of one million barrels per day amidst the downward trend in oil and gas lifting in recent years.

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Oil an gas takes priority in Danantara program: ESDM Ministry

The Ministry of Energy and Mineral Resources (ESDM) said that the main investment priority of the Nusantara Energy Management Agency (BPI Danantara) is projects related to oil and gas (migas).

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