Indonesian energy company PT Pertamina (Persero) will allocate around nine percent of its total capital expenditure (Capex) for the 2020-2024 period for its entire new and renewable energy (NRE) initiatives.

JAKARTA — Citizens of countries participating in China’s Belt and Road Initiative, or BRI, strongly prefer clean energy over the coal projects that have become Beijing’s calling card, a new survey shows. The findings, from a multi-country survey, commissioned by environmental group E3G, were published ahead of an international forum hosted in Beijing for leaders […]

Sustainability is perhaps the biggest buzzword in recent years, capturing the zeitgeist of the late 2010s and early 2020s. From food consumption to travel and leisure, sustainability is increasingly driving public opinion, which in turn influences governments. Arguably, this shift in attitude has impacted one of Indonesia’s largest exports: palm oil. Trade relations between Indonesia, […]

Singapore’s renewable energy developer and operator The Blue Circle has signed a strategic partnership agreement with Ayala Corporation’s power subsidiary AC Energy. Under the new partnership, the two companies will jointly develop and construct TBC’s pipeline of nearly 1,500MW of wind projects across South East Asia, more than 700MW of which will be built in […]

Italy’s Eni (BIT:ENI) has shut down a well at its Merakes field in its East Sepinggan production-sharing contract (PSC) offshore East Kalimantan, Indonesia, due to subsurface problems. This has triggered a production loss of about 60 million cubic feet per day, according to Indonesian upstream regulator SKK Migas.

Publicly listed renewables developer PT Terregra Asia Energy has struck an agreement with state-owned construction firm PT Waskita Karya, with the latter set to build mega projects comprising seven hydro power plants worth Rp 12.5 trillion (US$897.7 million) on Sumatra Island. The projects consist of five mini hydropower plants (PLTMH) in North Sumatra and two […]