NuEnergy Secures Gas Supply Approval From Indonesia’s Ministry
NuEnergy Gas Limited has announced that the Indonesian Ministry of Energy and Mineral Resources Indonesia has approved a gas allocation for Dart Energy (Tanjung Enim) Pte Ltd, its wholly owned subsidiary, under the Tanjung Enim Production Sharing Contract in South Sumatra.
Singapore’s Nexif Ratch Energy SE Asia to build $216 mln wind power plant in central Vietnam
Singapore-headquartered Nexif Ratch Energy SE Asia Co., Ltd. has been selected as the investor for a VND5.7 trillion ($216.3 million) wind power plant project in the central province of Gia Lai.
Vietnam’s utility major REE wins two wind power projects worth $152 mln in southern Vietnam
Ho Chi Minh City-based utility firm Refrigeration Electrical Engineering Corporation (HoSE: REE) has won bids for two nearshore wind power projects in the southern province of Vinh Long, with a total capacity of 80 MW and an estimated investment of VND3.86 trillion ($146.58 million).
Indonesia to Offer 60 Oil and Gas Blocks with Competitive Incentives
TEMPO.CO, Jakarta – Indonesian government aims to offer up to 60 oil and gas blocks to investors over the next two years, accompanied by a more competitive incentive scheme.
Prabowo Allots Rp402.4tn for Energy Resilience in 2026 State Budget Plan
TEMPO.CO, Jakarta – Prabowo Subianto has allotted Rp402.4 trillion for energy resilience in the 2026 State Budget Bill. According to the Indonesian president, the budget will cover the sustainability of oil and gas production, control energy prices to remain affordable, and accelerate clean energy transition.
ACEN unit inks $100m loan for renewable energy projects
Philippines-based ACEN Corp. has announced that its subsidiary has secured $100m financing, which will support its expansion outside of its home country.
Conrad advances seismic, drilling, and farm-in plans for Indonesian assets
Singapore-headquartered natural gas player Conrad Asia Energy has provided operational and resource updates for its two production sharing contracts (PSCs) in Indonesia.
Minister Reports Growth in Indonesia’s Energy Sector Investment
TEMPO.CO, Jakarta – The Indonesian Minister of Energy and Mineral Resources, Bahlil Lahadalia, stated that the total investment in the energy sector throughout the first semester of 2025 reached US$13.9 billion or approximately Rp225 trillion. This figure has increased compared to the same period last year, which was only US$11.2 billion.
