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Indonesia says low-carbon plan could spur annual GDP growth

JAKARTA, March 26 (Reuters) – Indonesia plans to adopt a more sustainable economic development plan from 2020 that could deliver annual GDP growth of 5.6 to 6 percent over the next 25 years, its planning minister said on Tuesday. The Low Carbon Development Initiative (LCDI) aims for more environmentally friendly growth in Southeast Asia’s biggest […]

Asia’s coal addiction puts chokehold on its air-polluted cities

Over the past year, the number of patients treated each day in the hospital unit where cardiologist Ade Imasanti Sapardan works in Indonesia’s capital has almost doubled to about 100. Sapardan, who sees up to 150 people every week, cites worsening air pollution as a major reason for the rise in patients seeking treatment in […]

Mindset change, strong leadership required to promote electric mobility

Rapid urbanization has led to traffic congestion and pollution, with the United Nation projecting that the number of the world’s population living in cities will increase by 55 percent today to 68 percent by 2050. Against this backdrop, cities worldwide are eager to address urban challenges by adopting a smart city concept, which includes smart […]

Lack of awareness for green buildings in Jakarta

While there is growing awareness about preserving the environment, not much has been done to educate the public about energy-saving buildings. From their construction to operation, buildings across the globe have consumed 40 percent of the energy countries produce and 12 percent of clean water. Adding to that, buildings contribute 25 percent of global waste […]

Indonesia welcomes Oman’s energy investment

Jakarta (ANTARA) – The Indonesian Government has welcomed cooperation between Oman’s Overseas Oil and Gas (OOG) and Indonesian state oil and gas company PT Pertamina to build a new oil refinery in Bontang, East Kalimantan, with an investment worth US$10 billion. Indonesian Foreign Affairs Minister Retno LP Marsudi and her visiting Oman counterpart, Yusuf bin […]

Bukit Asam, Antam join forces to build power plants

State-owned coal mining firm PT Bukit Asam plans to diversify its business by establishing a joint venture with state-owned diversified miner PT Aneka Tambang (Antam) to build steam and diesel power plants in East Halmahera, North Maluku. Bukit Asam president director Arviyan Arifin told a press briefing in Jakarta on Monday that his company would […]

Pertamina hopes to benefit from Petronas deal

State energy holding company Pertamina hopes that its recent deal with Malaysia’s state-owned oil giant Petronas will help its businesses expand more efficiently in the long run amid fluctuations in the global oil price. The deal, signed in Kuala Lumpur, Malaysia, in late February, would be an umbrella agreement for future business cooperation between both […]

Unlikely twins and differing fortunes: Malaysia’s Petronas & Indonesia’s Pertamina

JOHOR, Malaysia/JAKARTA (Reuters) – On the southernmost edge of the Asian landmass and on the shores of the busy shipping lanes of the Singapore Strait, Malaysia’s Petronas is starting up a state-of-the art petroleum processing hub, called RAPID. FILE PHOTO: The completed Refinery and Petrochemical Integrated Development (RAPID) oil refinery at Pengerang Integrated Petroleum Complex […]

Plunging fossil fuel revenues should push Indonesia to accelerate its clean energy revolution

A report from the International Institute for Sustainable Development (IISD) stated that during the 2014-2016 fiscal years, revenue from upstream oil and gas sectors stood around US$16 billion, or 18% of the government’s total revenue. 14% of the revenue, however, was then channelled out for fossil fuel subsidies. The IISD recommends the government cut its […]

Pertamina Predicts Indonesia will Run Out of Oil Reserves by 2030

TEMPO.CO, Jakarta – Pertamina Unit Manager Communication & CSR MOR I, Roby Hervindo predicts Indonesia will run out of oil reserve by the year 2030 based on the country’s current 3.3 billion barrels reserve. “Meanwhile, our fuel consumption continues to rise to 1.6 million barrels each day. North Sumatra alone, the fuel consumption in 2018 […]