JAKARTA – Indonesia is juggling between two options as it moves closer to setting regulations on the adoption of electric vehicles. The impending outcome is set to benefit Japanese car giant Toyota or South Korea’s Hyundai Motor and European carmakers such as BMW. The Joko Widodo administration is throwing its support behind green vehicles as […]

The government has lowered its coal production target for this year to 480 million tons in an effort to stabilize the global coal price, an official has said. Last year’s target was 485 million tons, 25 percent of which was allocated to the domestic market obligation (DMO). Energy and Mineral Resources Ministry mineral and coal […]

Singapore — Indonesia’s Ministry of Energy and Mineral Resources has set its January thermal coal reference price, also known as Harga Batubara Acuan or HBA, at $92.41/mt, down 0.11% month on month, and down 3.28% year on year. China’s import limitation impacted the seaborne thermal coal prices, according to the ministry’s spokesman Agung Pribadi. The […]

JAKARTA, Jan. 4 (Xinhua) — Indonesian Energy and Mineral Resources Minister Ignasius Jonan said on Friday that the electrification ratio among the population has reached 98.3 percent in 2018, showing a continuous ratio growth since the current government started to function in 2014. “It is hoped that the ratio would grow further to 99.9 percent […]

JAKARTA: Indonesian state energy company PT Pertamina has signed deals to purchase crude oil produced from domestic fields by Chevron Corp, PetroChina and others, a company source familiar with the matter said. Purchases will start this month, including from other contractors such as Petrogas and Saka Energi Indonesia, the person said on Friday, without disclosing […]

Singapore — Indonesian oil and gas group Medco Energi is in talks to buy UK-based Ophir Energy to create one of the biggest private upstream producers in Southeast Asia, the two companies said separately. Shares in London-listed Ophir — an oil and gas company with upstream assets in Thailand, Vietnam, Indonesia, Malaysia, Equatorial Guinea and […]

Regulatory obstacles in Indonesia could hamper coal production in 2019 and uncertainty about China’s import policy could also curb exports, even though a number of producers have announced tentative plans to raise output in the coming year. A period of high prices that began in 2016 and lasted throughout much of 2018 on strong demand […]

JAKARTA: Indonesia is expected to produce between 480 million tonnes and 500 million tonnes of thermal coal in 2019, and an estimated 500 million tonnes this year, a leading industry association told reporters on Tuesday. “There is a possibility that output next year will be flat,” Indonesian Coal Mining Association chairman Pandu Sjahrir said. However, […]

Jakarta (ANTARA News) – State-owned oil and gas company Pertamina, through its subsidiary PT Pertamina Power Indonesia (PPI), entered the construction phase of a gas and steam power plant, with a capacity of 1,760 megawatts (MW), in December 2018. Construction of Jawa-1 Independent Power Plant (IPP) signifies Pertamina`s efforts to support the provision of clean […]

With climate change expected to take a devastating toll on Southeast Asia, Indonesia, one of the world’s biggest emitters of greenhouse gases and a country likely to be disproportionately affected by extreme weather conditions, is looking to take action. President Joko “Jokowi” Widodo has committed to cut emissions by at least 29 per cent by […]