The government has set Indonesia’s coal price reference (HBA) for February at US$91.8 per ton, 0.6 percent lower than the reference in January of $92.41 per ton, in response to China and India’s ongoing protection policies. “Both countries will intensify the use of domestic coal,” Energy and Mineral Resources Ministry’s spokesperson Agung Pribadi said in […]

Securing funding for environmentally friendly projects has not been a straightforward process for Indonesian companies and organizations, many of which are unaware that certain standards need to be fulfilled before applying for funding for green energy projects at international and multilateral organizations. The standards are considered basic: Write a clear proposal and comply with the […]

Jakarta,  (ANTARA News) – A member of the House Commission VII overseeing energy, mineral resources, research and technology and environmental affairs, Tifatul Sembiring, spoke about the importance of the draft law for new and renewable energy in an attempt to prepare people for the future. “The draft law for new and renewable energy should be […]

Indonesia’s Ministry of Industry, Mr. Airlangga Hartarto, announced that the government has decided to open up its doors to investment in the manufacturing of electric vehicles. The decision was designed to boost green energy utilisation across the country and reduce reliance on imports of fossil fuels. The government has also recently strengthened its green vehicles […]

President Joko “Jokowi” Widodo’s administration has boasted that nearly all households in Indonesia have electricity, saying that the country had reached an electrification ratio of 98.05 percent as of September. However, does this mean that 98.05 percent of the nation’s households enjoy 24-hour electricity for all their electronics like residents in Java’s big cities enjoy? […]

Indonesia’s state-owned Pertamina is expected to import around 9 million-10 million barrels of gasoline in February 2019, down from the estimated 10 million-11 million barrels in January, market sources said. Although higher from February 2018, Pertamina’s lower import volumes in February, compared with January, will likely exert downward pressure on the Asian gasoline market. Despite […]

Indonesia’s state-run Pertamina has started increasing its purchases of domestic crude produced by private operators like Chevron from January onwards, as the government tries to narrow its trade deficit and cut down on its import bills. The move is in line with a regulation on crude sales issued last year by Energy and Mineral Resources […]

JAKARTA, Jan 17 (Reuters) – Indonesia’s state-owned energy company, Pertamina, expects to sign a production sharing contract for the Rokan oil block this month, after paying a $784 million signature bonus for its bid in December, a company director said. Indonesia’s energy ministry announced in July that Pertamina will take over operation of Rokan, the […]

Construction of power infrastructure — chiefly coal-fired power plants — will remain the primary driver of growth in Indonesia’s energy and utilities sector for the near future, said Fitch Solutions Macro Research in a Jan 16 report. However, there are risks that power projects may be postponed due to the country’s widening current account deficit and a weakening […]

JAKARTA: * Exxon Mobil Corp unit Exxon Mobil Cepu Limited is expected to produce 216,000 barrels per day of crude oil in 2019, making it Indonesia’s biggest oil producer, the country’s upstream oil and gas regulator (SKKMigas) said * In second place Chevron Corp unit Chevron Pacific Indonesia is expected to produce 190,000 bpd of […]