#Oil and Gas
PGN secures gas supply deals, strategic cooperation at IPA Convex 2025
The Indonesian government has reaffirmed its strong support for state owned gas distribution company PT Perusahaan Gas Negara (PGN) in its mission to provide reliable and sustainable natural gas across the country.
President tells oil and gas regulators to simplify rules
President Prabowo Subianto has issued a stern warning to officials overseeing Indonesia’s oil and gas sector, indicating that those who fail to simplify regulations will be removed from office.
Shell, TotalEnergies, and Chevron to reinvest in RI's upstream oil&gas sector
Twenty-five oil and gas companies, including major global players such as Shell, Chevron, and TotalEnergies, have expressed strong interest in exploring Indonesia’s upstream energy sector, a top government official revealed.
Badak LNG-INPEX Masela ink strategic MoU on LNG project development
Badak LNG, a subsidiary of State-owned energy company Pertamina Hulu Energi has signed a Memorandum of Understanding (MoU) with INPEX Masela Ltd., a subsidiary of Japan-based INPEX Corporation, to explore strategic cooperation in the development of Indonesia’s LNG industry.
TotalEnergies eyes return to Indonesia with potential stake in Bobara oil & gas block
French energy giant TotalEnergies is reportedly exploring a return to Indonesia’s upstream oil and gas sector through a potential acquisition in the Bobara exploration block, according to the Upstream Oil and Gas Regulatory Task Force (SKK Migas).
Kuwait’s Kufpec secures approval to develop Anambas offshore gas block
The Kuwait Foreign Petroleum Exploration Company (Kufpec) has secured development approval for the Anambas working area (WK), located offshore in the Natuna Sea following the signing of the Plan of Development (POD) for the block by Minister of Energy and Mineral Resources (ESDM) Bahlil Lahadalia on April 25, 2025.
EMP discovers 20 million barrels of oil in Riau’s Bentu Block
Oil and gas company PT Energi Mega Persada (EMP) has announced a significant oil discovery from its Bentu Production Sharing Contract (PSC) block in Riau, Sumatra, revealing an estimated 20 million barrels of oil in place from its Central East Napuh Deep South (CEN) field.
Cisem II gas pipeline project ahead of schedule, 64 percent completed
The Ministry of Energy and Mineral Resources (ESDM) has announced that the physical construction of the Cirebon-Semarang Phase II (Cisem II) natural gas pipeline project has reached 64.3 percent completion as of April 2025 − exceeding the planned target of 62.8 percent.
RI shifts fuel imports from S’pore to U.S., Middle East amid geopolitical concerns
Indonesia is reducing its reliance on fuel imports from Singapore, diverting a significant portion of its procurement to the United States and Middle Eastern countries due to economic and geopolitical considerations, Minister of Energy and Mineral Resources (ESDM) Bahlil Lahadalia confirmed on Friday, May 9, 2025.
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.