ESDM waiting on new regulations for auctions on geothermal working areas in Indonesia
The Indonesian Ministry of Energy and Mineral Resources (ESDM) said that this year’s geothermal working area (WKP) auction is still waiting for new regulations. The government is drafting rules to make investment in the sector more attractive. The new rules also aim to reduce electricity prices from geothermal power plants. “The main thing is we […]
ADB sees pricing as factor in slowing geothermal development in Indonesia
In an interesting interview with Winfried Wicklein, country director for Indonesia at the Asian Development Bank (ADB), the Oil & Gas Yearly covers a lot of details related to the energy market in Indonesia, including geothermal energy. The interview covers challenges for the economy, the current state of the banking system and leverage of it […]
Miners welcome Indonesia’s new jobs bill that could spur coal growth
JAKARTA (Reuters) – Miners have welcomed proposed changes to Indonesian mining rules under a new law aimed at boosting investment, though critics are concerned that the changes could underpin an expansion in polluting coal and threaten environment protection. FILE PHOTO: A truck passes through a tin mining area of Indonesia’s PT Timah in Pemali, Bangka […]
Indonesia’s Pertamina signs crude swap deal with Malaysia’s Petronas
JAKARTA: Indonesia‘s state owned oil and gas company PT Pertamina signed a framework agreement with Malaysia’s Petronas to sell and buy crude this year, Pertamina said in a statement on Tuesday The agreement is a follow up to their plan last year to swap crude, Pertamina said. Pertamina will swap crude produced in its Malaysian fields of Kikeh, Kimanis and Kidurong with crude from Petronas’ Indonesian […]
Preparation for Arjuno-Welirang geothermal project in East Java ongoing
Work continues at the Arjuno-Welirang geothermal working areas (WKP) in East Java, Indonesia with preparations for exploration ongoing. The developer of the project, state-owned PT Go Dipa Energi (GDE) conducted a magnetotelluric (MT) and electromagnetic time domain (TDEM) survey last year. As reported locally, the MT survey was conducted at 78 points of Arjuno-Welirang geothermal […]
Indonesia’s palm oil exports to China decline due to coronavirus
JAKARTA, Feb 17 (Reuters) – Indonesia’s palm oil exports to China have declined due to a drop in demand for the vegetable oil as a result of the coronavirus outbreak, farming ministry officials said. Indonesia has so far exported 84,000 tonnes of palm oil this month, compared with 371,000 tonnes for the full month of […]
New renewables bill may give Indonesia chance to move away from coal
Energy industry observers and activists have welcomed the move of Indonesia’s parliament in drafting a bill on renewable energy that will be included in its docket of priority legislation for passage this year. Indonesia’s parliament has for the first time prioritized passing new legislation on renewable energy, and activists have seized the opportunity to call for […]
Climate emergency: Indonesia faces catastrophic floods, disappearing islands
In recent weeks there have been devastating floods in Indonesia. What are the latest statistics about these and is there a link with global warming? The floods in Jakarta, Bogor, Depok, Tangerang, Bekasi (Greater Jakarta) and Banten province caused 67 deaths and displaced 36,419 people. Economic losses have reached RP10 trillion. According to the Meteorology, […]
