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Indonesia Lowers Smelter Project Numbers Amid Shortage Supply

JAKARTA (TheInsiderStories) - Indonesia expects to have 52 smelters operating by 2022 with a total combined investment estimated at US$20.39 billion, energy and mineral...

Indonesia Lowers Coal Reference Price to US$65.93 a Ton in January

JAKARTA (TheInsiderStories) - The government has lowered its thermal coal reference price at US$65.93 a ton in January, down 0.55 percent from $66.30 a...

Indonesia Raises Coal Domestic Allocation to 155MT in 2020

JAKARTA (TheInsiderStories) - The Indonesian government is requiring coal miners to increase their allocation of coal for the domestic market in 2020 to 155...

Indonesian Govt, House Resumes Talk on Mineral Laws Revision

JAKARTA (TheInsiderStories) - Indonesian House of Representatives resumed talks over new mineral and coal law to replace the then-law number 4 of 2009 in...

Nine Indonesian Miner Verifies to Export Nickel Ore

JAKARTA (TheInsiderStories) - The Indonesian government has lifted the ban on nickel ore export for nine of 11 companies after inspections into reports of...

Indonesia Officially Issues Nickel Export Ban Regulation

JAKARTA (TheInsiderStories) - Indonesian government officially issued an energy minister' regulation concerning on Minerals to implement the banning of export of nickel ore with content...

Indonesia Approves Additional Quotas for 34 Coal Miners

JAKARTA (TheInsiderStories) - Indonesia' ministry of energy and mineral resources agreed to increase the production quota for 34 coal companies proposed in the middle...

Indonesian Crude Price Rises to US$61.32 in July

JAKARTA (TheInsiderStories) - Energy and Mineral Resources Ministry announced Indonesian Crude Price (ICP) has increased to US$61.32 per barrel in July, 0.32 percent higher...

Indonesia Sets Coal Price Reference at US$72,67 a Ton in August

JAKARTA (TheInsiderStories) - The government has set the country's coal price reference for August at US$72.67 a ton, a slight increase from $71.92 a...

Indonesia Targets Renewable Energy to Reach 23% in 2025

JAKARTA (TheInsiderStories) – Indonesia is determined to reduce its use of conventional fossil fuels and continues to promote new and renewable sources of energy and...

Gorontalo Minerals Receives Exploration Permits in Indonesia

JAKARTA (TheInsiderStories) - PT Gorontalo Minerals, a subsidiary of PT Bumi Resources Minerals Tbk (IDX: BRMS), obtained a Production Operation Activity License from the...

Indonesia Finds 10 Areas of Potential Giant Gas Reserves

JAKARTA (TheInsiderStories) – Indonesian government through the Ministry of Energy and Mineral Resources (MEMR) continues to look for new oil and gas reserves to...

Inalum Moving Closer in Buying Rio Tinto’s Interest in Freeport

JAKARTA (TheInsiderStories) - State-owned mining holding company PT Inalum has submitted a price value proposal to purchase 40 per cent Rio Tinto's participating interest in...

Policy Review: Daunting Task to Boost Oil & Gas Investment

JAKARTA (TheInsiderStories) – Over the past two months or so, the Energy and Mineral Resources Ministry has taken bold steps to revoke hundreds of...

Policy Review: Oil and Budget, a Dilemma in Fiscal Policy

JAKARTA (TheInsiderStories) - Low international oil prices over the past three years have greatly helped President Joko Widodo to maintain prudent fiscal management, enabling him...

Six Miners Sign Contract of Work Amendments

JAKARTA (TheInsiderStories) – The Minister of Mineral and Energy Resources has signed contract amendments with six mining firms holding so-called ‘Contract of Work’, in...

Indonesia New Coal Price Cap Drags Down Miners Shares

JAKARTA (TheInsiderStories) – The Indonesian government’s decision to set the ceiling price of coal that is sold to the power sector under the so-called...

Policy Review: Govt, Producers Still at Odds over DMO Coal Price

JAKARTA (TheInsiderStories) – The Energy and Mineral Resources Ministry is soon expected to issue a regulation that will set a floor and upper ceiling...

Indonesia Announces Winners of Oil and Gas Block Auctions

JAKARTA (TheInsiderStories) – The Energy and Mineral Resources Ministry on Wednesday (31/01) announced the winners of the conventional oil & gas Working Areas or...

Policy Review: 35 GW Power Plant Program Falling Short of Target

JAKARTA (TheInsiderStories) – The Joko Widodo government’s ambitious program to develop 35 gigawatt (GW) of power plants within five years is most likely falling...

Indonesia Receives US$112M Dividend from Freeport

JAKARTA (TheInsiderStories) – The Government of Indonesia has received a Rp1.4 trillion (approx. US$112 million) payout from PT Freeport Indonesia, a subsidiary of US-based Freeport McMoRan...

Holding Down Strategic Industry Gas Price a Hard Job

JAKARTA (TheInsiderStories) – The Indonesian government’s drive to depress the price of gas sold to strategic industries, as mandated by Presidential Decree Number 40,...

Pertagas and PGN Embark on Construction of Duri-Dumai Gas Pipeline

JAKARTA (TheInsiderStories) – PT Pertamina Gas (Pertagas), a subsidiary of diversified state-owned energy company PT Pertamina and national gas distributor PT Pertamina Gas ...