The newly-launched Indonesia Low Emissions Network (ILEN) has boosted the country’s aspirations of fulfilling its climate change goals as it moves to create a cleaner future. The first network for climate change implementation in Indonesia, the ILEN – which was unveiled in Jakarta by NGO Green Partner Foundation on Tuesday – aims to improve and […]

The continuous decline in oil prices that has led to a lower contribution to national revenue should become a wake-up call for the government to immediately kick off fiscal reform that would speed up the use of renewable energy, experts in a recent discussion said. According to a new report released by the Canada-based International […]

The United Kingdom has pledged 15 million pounds (US$19.5 million) in grants to Indonesia to accelerate the development of low-carbon energy in the country. The grants will be used to finance four programs, namely matchmaking between the private sector and the government, capacity building for stakeholders, policy making assistance and pilot projects in rural or […]

Indonesia’s stock exchange plans to cut the minimum trading price for shares and shrink the lot size in its drive to attract more retail investors and boost volumes. The bourse will revise the decade-old requirement for stocks to maintain a floor price of 50 rupiah and lower the minimum order size from 100, Laksono Widodo, […]

JAKARTA — Usman’s been glued to the TV news lately. A young fisherman living in Batang, along the northeastern coast of Indonesia’s main island of Java, Usman is closely following this year’s presidential race. While much of the country has been caught up in the daily trading of barbs between the campaign teams of President […]

Indonesia’s domestic market obligation requirements could impact thermal coal prices throughout 2019 should the country’s government take action against companies that are missing their targets, S&P Global Ratings said Wednesday. “DMO sales reached only 21.7% of domestic production in 2018, and a number of coal miners could not meet their DMO requirement,” S&P Global Ratings […]

Singapore — Indonesia’s Minas crude will no longer flow to Hawaii following Island Energy Services’ closure of its 54,000 b/d Kapolei refinery and sale of refining assets to US producer Par Pacific, in a loss of one of the grade’s few export outlets outside of Indonesia, according to sources with knowledge of the matter and […]

In less than a week, President Joko “Jokowi” Widodo and Prabowo Subianto will once again face each other in the second-round presidential debate. Organized by the General Election Commission (KPU) on Feb. 17, the event will see both candidates explain to the public their views and plans on energy, food, natural resources, the environment and […]

Several companies have expressed their readiness to develop and operate electric vehicles although the government has not yet completed a regulation that would provide incentives for their development and adoption. PT Bakrie & Brothers has announced that it would soon launch an electric bus, produced in cooperation with Chinese automaker Build Your Dreams Auto (BYD). […]

State-owned energy holding company Pertamina lowered the prices of its subsidized and non-subsidized gasoline by up to Rp 800 (6 US cents) per liter on Sunday, a move some consider political ahead of the presidential election in April. Although proposals to lower or increase fuel prices are made by Pertamina or other fuel distributors, they […]