#Oil and Gas
PHM continues 2nd “sail away” phase of SNB AOI project in Mahakam
PT Pertamina Hulu Mahakam (PHM), a subsidiary of PT Pertamina Hulu Indonesia (PHI) Kalimantan Region, held a sail away ceremony for the second phase of the Sisi Nubi Area of Interest (SNB AOI) Project for topside platforms WPN7 and WPN8 at PT Meindo Elang Indah facility, Tanjung Pinang, Riau Islands on Tuesday, May 6, 2025.
I believe responding with positivity, even in tough times, leads to better outcomes
Carole Gall is the President of ExxonMobil Indonesia, a position she has held since January 2023. With nearly three decades at ExxonMobil, she has led operations across Europe, Africa, and North America. Through this interview, Gall has opened up to Indonesia Business Post on her ambition, her challenges in life and her perspective relating to Indonesia's biggest challenges.
ESDM ministry sticks to 1-million BOPD target by 2030 despite challenges
The Ministry of Energy and Mineral Resources (ESDM) has reaffirmed its commitment to achieving the national oil production target of 1 million barrels of oil per day (BOPD) by 2030, despite mounting doubts about the target feasibility.
PHE posts better Q1 2025 performance, with oil and gas output at 1.04 M BOEPD
PT Pertamina Hulu Energi (PHE), the upstream subholding of Pertamina, posted better operational results in the first quarter of 2025, recording an oil and gas production level of 1.043 million barrels of oil equivalent per day (BOEPD), a slight increase from 1.042 million BOEPD in the same period last year.
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.
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.
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.
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.
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.