Sri Mulyani: Tobacco Tax Increase Hoped to Slash Cigarette Production
TEMPO.CO, Jakarta – Finance Minister Sri Mulyani Indrawati on Monday hoped the increased tobacco tax rates in 2022 will eventually reduce domestic cigarette production by three percent in 2022 to 310 billion cigarettes.
Pertamina Aiming to Become Sustainability-driven Energy Player
TEMPO.CO, Jakarta – Indonesian energy company PT Pertamina (Persero) has said it is aiming to become a world-class sustainability-driven energy player through the implementation of Environmental, Social, and Governance (ESG) programs.
RI outlines strategies for reducing emissions in oil, gas subsector
Jakarta (ANTARA) – The Ministry of Energy and Mineral Resources (ESDM) said it has drawn up a roadmap for the energy transition to help Indonesia achieve its carbon-neutral target by 2060.
PT Pertamina Geothermal Energy IPO to be launched in 2022
The Indonesian Minister of State-Owned Enterprises (BUMN) Erick Thohir has announced that PT Pertamina Geothermal Energy (PGE) will launch an initial public offering (IPO) in the second quarter of 2022. The capital raised from the sales will help fund PGE’s target to double their current installed capacity within the next five years.
Scottish energy firm to make tides in Indonesia!
Scottish tidal energy firm Nova Innovation has announced it has secured £200,000 of grant funding from Innovate UK to deliver a tidal turbine array in Indonesia. The 7MW project will be installed in Larantuka Strait, which is between the islands of Flores and Adonara and has reportedly one of the strongest tidal currents in Indonesia.
Indonesia’s carbon trade trial indicates taxable emissions
JAKARTA, Nov 29 (Reuters) – Indonesia’s energy ministry recorded around a million tonnes of taxable carbon emissions during a recent trial covering 32 coal power plants, a senior official said on Monday, as the country prepares to launch a carbon trading mechanism.
BP cheers Indonesia first at Tangguh LNG
BP (LON: BP) today signed a memorandum of understanding (MoU) with upstream regulator SKK Migas for Indonesia’s first enhanced gas recovery (EGR) and carbon capture utilisation and storage (CCUS) development. The EGR and CCUS scheme will be implemented at BP’s Tangguh liquefied natural gas (LNG) project.
Indonesia to push for energy transition support during G20 Presidency
Energy transition will be a topic of discussion during the Sherpas’s meeting of the G20, which will be the first activity to be held during Indonesia’s G20 Presidency. There will be 11 working groups and 1 initiative under the Sherpa Track, with the first Sherpas’ meeting scheduled for December 7–8, 2021, Foreign Affairs Minister Retno […]
