Masdar to build Indonesia’s first floating solar power plant
Oil floats on water because it’s less dense. Abu Dhabi oil money floats on water because it’s investing in floating solar PV to diversify its obsolescent fossil-fuel economy. Masdar, part of the Abu Dhabi state-owned Mubadala investment fund, has entered a partnership with Indonesian state electricity company Perusahaan Listrik Negara (PLN) via a power purchase […]
Indonesia to allow Pertamina 50 mln barrels of crude imports in 2020
JAKARTA: Indonesian government will allow state oil and gas company PT Pertamina to import 50 million barrels of crude oil in 2020, lower than requested, energy ministry’s acting oil and gas director general, Djoko Siswanto, said. The crude import quota is around 30 million barrels short of what Pertamina requested, he told reporters, to encourage Pertamina to seek crude oil from domestic […]
Investment in Indonesia’s oil, gas still attractive: Energy Ministry
Jakarta (ANTARA) – The Energy and Mineral Resources Ministry has claimed that investment in the oil and gas upstream sector in Indonesia is still attractive for global investors. “Many international firms have entered Indonesia, and one of them is Neptune Energy in the West Ganal block (Makassar Strait offshore),” the ministry’s Director of Oil and […]
UAE to invest $3bn in Indonesia’s energy infrastructure
The United Arab Emirates (UAE) will invest US$3bn in energy projects ranging from oil refineries to infrastructure for electricity in Indonesia through a sovereign wealth fund set up by President Joko Widodo. The Emirati companies will be equity investors partnering with Indonesian state-owned and private companies. The deals include the Indonesian state-owned oil and natural […]
Watchdog head urges palm oil industry to look beyond forests in climate fight
KUALA LUMPUR (Thomson Reuters Foundation) – The next big challenge for palm oil growers is to go beyond curbing deforestation and look at how they can slash planet-warming emissions throughout their supply chains, the outgoing head of the industry’s watchdog said on Tuesday. The sector has come under scrutiny in recent years from green activists […]
UAE’s ADNOC agrees gas, petrochem deals with two Indonesian firms
CAIRO: Abu Dhabi National Oil Company (ADNOC) signed agreements with Indonesia companies Petramina and Chandra Asri in the petrochemical and gas sectors, UAE state news agency WAM reported on Sunday. The deals included a sales agreement under which ADNOC will supply 528,000 tonnes of liquid petroleum gas (LPG) to Petramina by the end of 2020, WAM said.
IPA Indonesian Petroleum Association : Gas, Indonesia’s chance to meet its energy demand and boost up its industry
As its oil production continues to plummet, gas has become an opportunity for Indonesia to meet its energy demand. Therefore, gas is no longer being treated as a source of revenue for Indonesia, but as a key driver of its economy and industrial growth. Data from The Upstream Oil and Gas Regulatory Special Task Force […]
Japan to Help Indonesia Develop Hydropower, Waste-to-Energy Facility
Jakarta. Japan has expressed interest in new investments covering a wide range of sectors from fisheries and tourism to hydropower and waste-to-energy facilities, a minister said on Friday. Japanese Foreign Minister Toshimitsu Motegi was in Indonesia to hold a series of high-level meetings with President Joko “Jokowi” Widodo, his counterpart Retno Marsudi and Maritime Affairs […]
