Indonesia’s Omnibus Law: The Positive Investment List and the Liberalization of Business Sectors
In the first of ASEAN Briefing’s Indonesia’s Omnibus Law series, we analyze Presidential Regulation 10 of 2021 (PR 10/2021) on business fields open to investment — also dubbed as the positive investment list. The regulation comes into effect on March 4, 2021.
Indonesia, US discuss clean energy cooperation, climate change
Jakarta (ANTARA) – Indonesian Coordinating Maritime Affairs and Investment Minister Luhut Binsar Pandjaitan held a videoconference with US Special Presidential Envoy for Climate John Kerry, formerly US secretary of state, to discuss clean energy.
USAID awards $38.8 million contract to improve grid resilience in Indonesia
The United States Agency for International Development (USAID) has awarded technology company Tetra Tech with a $38.8 million contract aimed at improving grid resilience in Indonesia.
Indonesia Energy Recognized as Top 3 Performer in 2020
JAKARTA, INDONESIA and DANVILLE, CA / ACCESSWIRE / February 26, 2021 / Indonesia Energy Corporation Limited (NYSE:INDO) (“IEC”), an oil and gas exploration and production company focused on Indonesia, today announced that IEC’s operating company has been recognized by the state oil and gas company, Pertamina, as the top three performer in 2020 among 19 oil […]
Petronas strikes oil off Indonesia
Malaysian national oil company (NOC) Petronas has hit oil at its North Madura II production-sharing contract (PSC) offshore East Java, Indonesia.
PT Geo Dipa Energi continues geothermal exploration and development
Besides continued development of the expansion of existing geothermal plants Dieng and Patuha, state-owned PT Geo Dipa Energi continues exploration activities in four assigned prospect areas and additional areas.
Indonesia’s mining giants race to adapt as investors cool on coal
JAKARTA — Indonesia’s mining giants are piling into coal gasification projects as the country’s biggest export markets and global investors move toward a carbon-neutral future.
Indonesia state-owned geothermal holding to be formed in 2021
Plans for the establishment of a state-owned geothermal holding company to include PT PLN Geothermal, PT Pertamina Geothermal Energy and PT Geo Dipa Energi could be concluded in 2021.
