#Oil and Gas
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.
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.
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.
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.
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.
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.
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).
Indonesia to build US$12.5 billion oil refinery to boost energy security, cut imports
The Ministry of Energy and Mineral Resources (ESDM) has announced plans to build a new oil refinery as part of the national energy downstreaming strategy, with potential funding from the Daya Anagata Nusantara Investment Management Agency (Danantara) worth US$12.5 billion (Rp203.87 trillion).
ESDM ministry seeks new executor for WNTS gas pipeline project to Pemping Island
The Ministry of Energy and Mineral Resources (ESDM) is seeking a new company to replace State gas diribution company PT Perusahaan Gas Negara (PGN) as the executor of the West Natuna Transportation System (WNTS) gas pipeline construction project to Pemping Island, Riau Islands province.
ExxonMobil supports Indonesia’s CCS development program, target
U.S. oil and gas company has expressed its support for Indonesia’s Carbon Capture and Storage (CCS) development program and target, actively working with the Indonesian government and state-owned oil company PT Pertamina to establish CCS infrastructure in key industrial zones that will help position Indonesia as a regional hub for carbon storage.
INPEX targets FID for Abadi Masela LNG project completed by 2027
Japanese oil and gas exploration company INPEX Corp is striving to have the final investment decision (FID) for the Abadi Masela Field project signed by 2027 as part of its operational target to expand the Liquefied Natural Gas (LNG) supply.
PHE announces largest exploration discovery in 15 years, a boost in nat’l energy security
PT Pertamina Hulu Energi (PHE), Upstream oil and gas subholding of State energy company PT Pertamina, discovered 652 million barrels of oil equivalent (MMBOE) in 2024, the largest exploration reserve discovery in the last 15 years.