Indonesia’s Energy Ministry Offers 6 Oil and Gas Blocks in Second 2024 Auction
TEMPO.CO, Jakarta – The Indonesian Ministry of Energy and Mineral Resources (ESDM) on Tuesday announced the auction for six oil and gas blocks in the second stage of 2024. This auction presents exploration potential, with estimated reserves reaching up to 48 billion barrels of oil equivalent (BOE).
Geothermal energy development faces challenges in Indonesia, Philippines
As part of the Pacific Ring of Fire, Indonesia and the Philippines possess rich geothermal resources, and both governments are actively investing in their development.
Indonesia in talks with US, Russia for nuclear power technology
SINGAPORE, Nov 29 (Reuters) – Indonesia is in talks with the United States and Russia about acquiring technology to develop nuclear power plants, an Indonesian government deputy minister told Reuters on Friday.
Indonesia Sees Global Clean Power Alliance As New Source of Funding
Jakarta. Indonesia welcomes the recently launched Global Clean Power Alliance which is expected to be a new source of funding for the archipelagic country’s energy transition.
Indonesia’s Prabowo Vows to Retire All Coal Plants In 15 Years
(Bloomberg) — Indonesia President Prabowo Subianto said the government plans to retire all the nation’s coal power plants within 15 years to help stem global warming.
Still room to tap renewable energy electrification potential: Govt
Jakarta (ANTARA) – There is still significant room for tapping the electrification potential of new renewable energy in Indonesia, which is pegged at 3,687 gigawatts (GW), according to Deputy Minister of Energy and Mineral Resources Yuliot Tanjung.
Indonesia, Germany Invest €1.2 Billion Green Funding for Clean Energy Development
€1.2 Billion Agreement Signed: Indonesia’s PT PLN (Persero) and Germany’s KfW signed an MoU to fund the development of a Pumped Storage Hydropower Plant (PLTA) and related transmission projects, marking a major step toward Indonesia’s renewable energy goals.
Conrad and Pertamina eyeing small-scale LNG options for prospects offshore Indonesia
Singapore-headquartered natural gas player Conrad Asia Energy has disclosed information about its recent commercialization activities for shallow-water gas discoveries in two production-sharing contracts (PSCs) located off the coast of Indonesia’s Aceh Province, including a potential small-scale liquefied natural gas (LNG) plant.