As Chevron exit looms, Indonesia eyes Italian Eni to take over IDD gas megaproject
American oil and gas giant Chevron plans to withdraw from the national strategic Indonesia Deepwater Development (IDD) project in Makassar Strait and the government has wasted no time seeking a replacement. The government has approached Italian oil and gas company Eni to take over the project, said Energy and Mineral Resources Ministry acting oil and gas […]
As G20 chair, coal-heavy Indonesia sends mixed signals on green transition
Indonesia is using its stint as G20 president to push for more international funding for the green energy transition in developing nations – but analysts say Jakarta needs to back up its calls with more ambitious plans to cut emissions at home.
As Indonesia’s oil sector is less profitable, it’s time for clean energy: Experts
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 […]
As scientists signal ‘code red for humanity’, Indonesia’s climate change targets still lack ambition: Experts
BANGKOK: Despite bringing forward its net zero emissions target by a decade to 2060, experts say Indonesia has missed an opportunity to upgrade its climate change ambitions ahead of critical global talks and amid dire warnings from top scientists about drastic temperature rise.
Asean Energy Profile and The Role of Indonesia
In developing countries, energy use from industry rises proportionally to gross domestic product (GDP), according to the 2017 report from the International Energy Agency or IEA. Between 2000 and 2015, Indonesia transitioned from agriculture to industry. The industry sector contributes around 39 percent of Indonesia’s GDP, and the annual energy consumption growth rate in this sector is projected to be 0.54 percent. […]
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 […]
Asia’s next clean energy battle isn’t in China or India. It’s in Indonesia
Southeast Asia’s largest economy and democracy is approaching a demographic shift. In the next 10 years, almost half of Indonesia’s population will enter the work force. Only three in 10 people will not be of working age by 2030. Conventional poverty rates are declining, millions are moving into cities each year. The island nation’s labour […]
Asian Development Bank supports Indonesia’s energy transition and praises its economic performance
JAKARTA, Feb 20 (Bernama): The Asian Development Bank (ADB) has pledged to continue its strong support for Indonesia’s energy transition initiative through its financial facilitation.
Asian palm oil producers offers to work with EU as it readies new food rules
[KUALA LUMPUR] Asian palm oil producers, long at loggerheads with the European Union over curbs on imports of the edible oil, have offered to “work together” with the European Commission in drafting rules for the EU’s latest “Farm to Fork” food supply policy.
Association waits for free access to oil, gas data
The Indonesian Petroleum Association (IPA) welcomes the government’s plan to revise Energy and Mineral Resources Ministerial Decree No.27/2006 to allow investors to access Indonesia’s oil and gas data for free. “We have waited for the open data policy for a long time. If it is executed, it can help investors to assess prospective areas for […]