Energy and Resources
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Government to offer 60 new oil&gas working areas in the next two years
The Upstream Oil and Gas Regulatory Task Force (SKK Migas) has reaffirmed its commitment to accelerating energy security and boosting investor confidence through increased upstream investments and production capacity.
RI eyes floating nuclear power plants for Eastern regions, targets first on-grid reactor by 2029
The Ministry of Energy and Mineral Resources (ESDM) is considering the deployment of floating nuclear power plants (PLTN) to electrify remote areas in Eastern Indonesia, which currently rely heavily on oil-fueled power generators.
RI regains favor as global oil&gas exploration hub amid improved investment climate
Indonesia is once again emerging as a top destination for global oil and gas (O&G) exploration investment, as recent large-scale hydrocarbon discoveries and regulatory improvements restore investor confidence in the country’s upstream sector.
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.
Nickel industry to launch global ESG standards to counter negative campaigns
Indonesia’s nickel industry is preparing to introduce national and international standardizations in environmental, social, and governance (ESG) practices, aimed at safeguarding the country’s mineral downstreaming policy and ensuring responsible resource management amidst mounting international criticism and environmental scrutiny.
China leads, Japan and S. Korea catch up in ASEAN’s green energy transition
As competition heats up in the renewable energy sector, China, Japan, and South Korea are intensifying measures to strengthen their influence in Southeast Asia’s green transition.
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).
China eyes investment in Indonesia’s palm oil industry with focus on green technology
The Indonesian Palm Oil Board (DMSI) reveals that investors from China have expressed strong interest in investing in Indonesia’s palm oil sector, with potential investments reaching Rp149.04 trillion (US$9.1 billion).
Swiss startup Sun-Ways trials world-first removable solar panels on railway tracks
Swiss startup Sun-Ways has launched an innovative solar panel system that can be installed directly onto railway tracks without disrupting train operations.
GKP Clarifies Legality of Nickel Mining Operations Amid Civil Society Focus
Nickel mining company PT Gema Kreasi Perdana (GKP) has rejected allegations of illegal operations and environmental violations on Wawonii Island, following a report submitted by civil society groups JATAM and TAPaK to the Attorney General’s Office earlier this week.