Gradual Energy Transition Expected to Save Rp90tn of Fuel Subsidy per Year: Minister Luhut
The Coordinating Minister for Maritime and Investment Affairs, Luhut Binsar Pandjaitan, said a gradual energy transition will save Rp45 trillion to Rp90 trillion of fuel subsidy per year. Minister Luhut conveyed the statement during the sidelines of the High-Level Forum on Multi-Stakeholder Partnerships (HLF MSP) and Indonesia-Africa Forum (IAF) II in Badung, Bali, on Monday, […]
Indonesia awards Central Andaman, Amanah, Melati oil and gas blocks
Indonesia awarded three oil and gas blocks on Tuesday out of five blocks offered in the first round of auctions this year, the energy ministry said in a statement.
Indonesia explores expansion of utilizing geothermal energy at IAF
Indonesia intends to explore the expansion of utilizing geothermal energy in African countries at the 2nd Indonesia-Africa Forum (IAF), according to the Ministry of Energy and Mineral Resources.
ACEN and Barito Renewables partner to boost Indonesian wind energy
The partnership will be executed by their subsidiaries. Philippines-based ACEN has entered into a strategic partnership with PT Barito Renewables Energy Tbk to accelerate the development of wind renewable energy projects across Indonesia.
Looking forward to Indonesia’s solar future
Jakarta (ANTARA) – Indonesia has a chance to become a leader in the solar photovoltaic (PV) industry, especially in Southeast Asia, given its large solar energy potential. At the Indonesia Solar Summit in Jakarta on August 21, 2024, Coordinating Minister for Maritime Affairs and Investment Luhut Binsar Pandjaitan emphasized the importance of expanding the development […]
Indonesia’s Prabowo hopes to implement 50% palm-based biodiesel blending by 2025
JAKARTA, Aug 26 (Reuters) – Indonesia president-elect Prabowo Subianto hopes to implement mandatory 50% palm oil-based biodiesel blending by early next year, which he said would cut fuel imports by $20 billion per year.
Indonesia to Build Solar Power Plants in Maluku Province
TEMPO.CO, Jakarta – Indonesia’s Ministry of Energy and Mineral Resources is seeking to provide power to underdeveloped, frontier, and outermost (3T) areas by building centralized solar power plants (PLTS) in Maluku Province.
Indonesia’s Medco Energi keeps 2024 production guidance
Indonesia’s PT Medco Energi Internasioanl was keeping its 2024 oil and gas production guidance at 145,000 to 150,000 barrels of oil equivalent per day, despite output being above guidance in the first half, an executive said on Monday.