Ongoing discussions on formation of geothermal holding in Indonesia
Heavy discussions are ongoing on the formation of a state-owned geothermal holding company given the complex legal and financial issues. The Indonesian Ministry of State-Owned Enterprises (BUMN) is forming a state-owned geothermal holding company by combining three state owned entities/ subsidiaries of state-owned entities in the geothermal sector, including PT Pertamina Geothermal Energy (PGE), PT […]
Indonesia cuts geothermal target to additional 2,395 MW
The Indonesian government has announced details for PLN’s General Plan for the Provision of Electricity (RUPTL) for the period 2021-2030, substantially cutting the plans for geothermal capacity additions. The government continues to boost the development of new and renewable energy (EBT). In the preparation of PLN’s General Plan for the Provision of Electricity (RUPTL) for […]
PLN Provides 24-Hour Electricity for Residents in Indonesia-Timor Leste Border
Jakarta: Following the operational improvement of the Oepoli Diesel Power Plant in North Netemnanu village, Kupang regency, East Nusa Tenggara (NTT) province, residents in the border between the province and the neighboring East Timor now can enjoy 24-hours electricity access non-stop.
Committed to CO2 emissions reduction, Pertamina teams up with Japanese company and ITB
Indonesia’s largest oil and gas company, state-owned PT Pertamina (Persero) continues to actively advocate the government’s efforts to reduce greenhouse gas (GHG) emissions by 29 percent, or with international assistance by 41 percent by 2030. The global commitment was made with the signing of the Paris Agreement at the Climate Change Conference (The Conference of […]
Workers’ Salary in Electricity and Gas Sectors See Highest Hike: LPEM UI
TEMPO.CO, Jakarta – The University of Indonesia’s Institute for Economic and Social Research (LPEM UI) recorded an increase in the average salary or net income of workers in several sectors as of February 2021 albeit amid the Covid-19 pandemic. The highest hike is experienced by the electricity and gas sectors, reaching 5 percent year on year.
Gov’t Urged to Step Up Palm Oil Negotiations with EU
Jakarta. Market restrictions in the European Union continue to become the main hurdle for Indonesian palm oil exports for the last three years despite ongoing negotiations and efforts at the World Trade Organization, the industry association said on Thursday.
Indonesia to auction off 6 oil and gas blocks – official
JAKARTA: Six oil and gas blocks worth more than 900 million barrels of oil in Indonesia are up for grabs, a senior government energy official said on Thursday.
Eni and SKK Migas sign MoU for cooperation on exploration activities in Indonesia
Eni, through its subsidiary Eni Indonesia, has signed a Memorandum of Understanding (MoU) with SKK Migas for cooperation on exploration activities in Indonesia.
