Energy and Resources
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Nuclear energy must be central to Indonesia’s clean energy future: Lead engineer
Indonesia must urgently place nuclear energy at the center of its long-term national energy strategy to ensure energy security, economic competitiveness, and the success of its carbon neutrality goals by 2060, a leading Engineer said.
Indonesia poised to launch nuclear power plants by 2030s: Expert
An energy expert has expressed his confidence that Indonesia is ready to begin constructing nuclear power plants (PLTN) and have operational units by early 2030s, citing the legal and institutional infrastructure is in place and the country has sufficient technical expertise to manage nuclear energy safely and effectively.
Gag Nikel defends mining operation in Raja Ampat amidst govt’s suspension
PT Gag Nikel, a mining concession holder in Raja Ampat Regency, Southwest Papua Province, has defended its mining activities in the biodiversity-rich region saying that it has fulfilled the legal requirements to conduct mining operations there.
Prosecutors pursue key leads in Pertamina corruption probe during Singapore trip
Investigators of the Attorney General’s Office (AGO) have traveled to Singapore in pursuit of key information related to an ongoing investigation into high-profile corruption case involving officials of State energy company PT Pertamina and oil&gas contractors.
Antam’s subsidiary holds nickel mining license on Raja Ampat’s Gag Island: Bahlil
Minister of Energy and Mineral Resources (ESDM),Bahlil Lahadalia, has confirmed that nickel mining concession on Gag Island, part of the ecologically sensitive Raja Ampat archipelago, is controlled by PT Gag Nikel, a subsidiary of State miner PT Aneka Tambang (Antam).
MedcoEnergi completes US$461.52 M bond buyback, launches new US$400 M notes
Oil and gas company PT Medco Energi Internasional (MEDC) has approved a final dividend payout of US$37.95 million during its Annual General Meeting of Shareholders (AGMS) on Tuesday, June 3, 2025, raisingthe company’s total dividend distribution for the 2024 fiscal year to US$63.29 million.
RI could unlock US$1.8 billion by reforming renewable energy policies: Report
Indonesia has the potential to generate up to US$1.8 billion in economic benefits by improving its renewable energy policies and accelerating clean energy development, according to a new report from the Asia Clean Energy Coalition (ACEC).
Indonesia eyes floating solar power projects as interest grows from investors
The Ministry of Public Works has announced growing investor interest in developing floating solar power plants (PLTS terapung) on two major reservoirs − Tigadihaji Dam in South Sumatra and Bintang Bano Dam in West Nusa Tenggara.
BKPM records surge of foreign interest in building EV charging stations in Indonesia
The Indonesian Ministry of Investment/Investment Coordinating Board (BKPM) has recorded an increasing interest of both Chinese and European companies in establishing Electric Vehicle Charging Stations (SPKLU) across the country.
Nickel price slump forces Tsingshan to halt stainless steel production in Indonesia
Chinese stainless steel giant Tsingshan Holding Group Co has suspended several production lines in Indonesia’s nickel hub since early May, in what industry insiders say is a direct response to plunging nickel prices and weakening global demand.
Bahlil to summon mining permit holders over environmental concerns in Raja Ampat
Minister of Energy and Mineral Resources (ESDM) Bahlil Lahadalia is set to summon nickel mining permit holders operating in and around Raja Ampat, Southwest Papua, in response to mounting public scrutiny over the environmental impact of mining operation in the world-renowned marine tourism destination.
Medco posts Q1 profit decline amid lower contribution from Amman Mineral
PT Medco Energi Internasional (Medco) reported a sharp decline in net profit for the first quarter (Q1) of 2025, down nearly 75.23 percent year-on-year to US$18 million (Rp 293.32 billion), from US$72.66 million in the same period last year. The figure also marks a significant drop from the US$94.08 million profit posted in the fourth quarter of 2024.