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, […]

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 […]

KATOWICE, Poland, Dec 11 2018 (IPS) – Although Indonesia has attained decent economic growth of over five percent in the last decade, in order to ensure sustainable growth in the future the switch to renewable energy (RE) will be critical, says the country’s government. “If we don’t focus on low carbon development, we cannot continue […]

JAKARTA: Indonesia‘s Pertamina on Monday said it had appointed South Korea’s SK Engineering & Construction and Hyundai Engineering & Construction as engineering and construction contractors for its Balikpapan refinery upgrade. The $4 billion project will be jointly undertaken by Indonesia’s PT Pembangunan Perumahan Tbk and Rekayasa Industri, Ignatius Tallulembang, director of large projects at the […]

December 5 (Renewables Now) – Finnish consulting and engineering firm Poyry Plc (HEL:POY1V) said on Monday it has entered into a three-year framework agreement for the development of various renewable energy projects in Indonesia, including hybrid schemes. The contract was awarded by PT Indonesia Power, a unit of state-owned power distributor PT PLN, and covers […]

Indonesia is one of the world’s largest emitters of greenhouse gases, but manages to fly well below the radar. World leaders are gathered this month in Katowice, Poland, for COP24, the most important global meeting on climate change since the 2015 UN Climate Conference in Paris. At the top of agenda: getting countries to agree on […]

JAKARTA (Reuters) – Developers will begin building a lithium battery project in Morowali, on the Indonesian island of Sulawesi, on Jan. 11, Coordinating Maritime Minister Luhut Pandjaitan said on Friday. The $4 billion project involves investors from South Korea, Japan and China, Pandjaitan told reporters, without naming the companies involved or providing further details on […]

JAKARTA — Indonesia says it is unlikely to meet renewable energy targets it set after the Paris climate agreement, causing critics to call for changes in government policy. At the recent Indonesia Clean Energy Forum (ICEF) in Jakarta, Indonesian Minister of Energy and Mineral Resources Ignasius Jonan said he is pessimistic Indonesia will be able to […]