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Indonesia’s Perusahaan Gas Negara Seeks US$500M from Bank, Global Market

Jakarta (TheInsiderStories) - Indonesian gas producer, PT Perusahaan Gas Negara Tbk (PGAS) seeks funding of US$500 million in this year. It will be met by...

Indonesia’s Pertamina Oil Production 413 MBOPD in 1H 2019

JAKARTA(TheInsiderStories) - Indonesia’ state-owned oil and gas PT Pertamina reported in the first semester (1H) of 2019 has produced 413 million barrels oil per day (MBOPD)...

Indonesia’s Pertamina Absorbs Domestic Crude Oil 116.9 MBPOD

JAKARTA (TheInsiderStories)– Indonesian state oil company, PT Pertamina has agreed to purchase 116.9 million barrels oil per day (MBOPD) from 37 production sharing contract...

Indonesia Hopes Investment in Energy, Minerals Sectors Rise in 2019

JAKARTA (TheInsiderStories) – Indonesian government hopes the realization of investment in the energy and minerals sector will rise in 2019, said one senior official...

Indonesia’s Power Sector Urges to Catch Up Industry 4.0

JAKARTA (TheInsiderStories)—Indonesia's power industry adapt to the latest technology advancements to play its strategic role in Industry 4.0. Many countries have developed strategies to capitalize...

Indonesia to Implement Biodiesel B25 by 2019

JAKARTA (TheInsiderStories)--The recent increase in oil prices have brought fresh push to the biodiesel mix mandatory, government targets to increase biodiesel mix to 25 per...

Policy Review: More Breakthrough Needed to Improve Investment in Energy Sectors

JAKARTA (TheInsiderStories)—The government already revoked 186 conflicting regulations in the energy sector, but apparenyly it is not enough to improve investment climate in this sector. The...

Policy Review: Investment in Renewable Sectors Still Far Below Expectation

JAKARTA (TheInsiderStories) - Indonesia's government has set an ambitious target to expedite renewable energy capacity by 2025, yet the level of investment from both...

Indika Buys into Kideco: 45% for US$677 million

JAKARTA (TheInsiderStories) - Indonesian integrated energy company PT Indika Energy Tbk (IDX: INDY) has become a majority shareholder in PT Kideco Jaya Agung, its unit....

Oil and Gas Investment Continues to Decline

JAKARTA (TheInsiderStories) - Investment in the oil and gas sector in Indonesia during the first half of this year reached US$4.8 billion or decline...

Finally Geothermal Fund is Used for Flores Island since Launched in...

JAKARTA (TheInsiderStories) - Since launched six years ago, Indonesia finally use the Geothermal Fund Facility (GFF) for the first project Waisano region in the...

North Kalimantan Govt: We Need Sustainable Economy

JAKARTA (TheInsiderStories) - As a new and the youngest province in Indonesia, North Kalimantan needs big investment, especially infrastructure to accelerate the development. However, the...

Have Indonesian Government Regulation Friendly Enough for Renewable Energy’s Investor?

JAKARTA (TheInsiderStories) - Indonesia is expected to face an energy crisis by 2020-2030 due to its inability to generate enough clean energy to meet the electricity needs...

Ego Syahrial Serves as Director General of Oil and Gas

JAKARTA (TheInsiderStories) - Ego Syahrial was sworn as Director General of Oil and Gas at the Ministry of Energy and Mineral Resources (MEMR), replacing...

ABM Investama Secures US$300 Million from Global Bond Issuance

JAKARTA (TheInsiderStories) - Publicly listed coal miner, PT ABM Investama Tbk (IDX: ABMM) secured US$300 million fresh funds from global bond issuances, said the...

Indonesian Government Gives Legal Certainty On Upstream Business

JAKARTA (TheInsiderStories) - The Government of Indonesia give legal certainty on upstream oil and gas business by issuing President Decree (PP) No.27/2017. President Joko Widodo has signed...

Pertamina renegotiates two refinery projects with Saudi Aramco, Rosneft

JAKARTA (TheInsiderStories) - The largest oil & gas producer in Indonesia PT Pertamina stated to reduce some of its financial burden will renegotiate the...

Perusahaan Gas Negara sets capex US$500 million in 2017

JAKARTA (TheInsiderStories) - PT Perusahaan Gas Negara Tbk (IDX: PGAS), publicly listed state-owned gas distributor, has set capital expenditure (Capex) of US$ 500 million...

PLN board conducting roadshow to market US$3b global bonds

JAKARTA (TheInsiderStories) - State electricity company PT Perusahaan Listrik Negara (PLN) board is conducting roadshow in a number of world's financial center including London...

Four SOEs offers asset-backed securities Rp15 trillion

BOGOR (TheInsiderStories) - Four state-owned enterprises (SOEs) will offer asset-backed securities with total amount Rp15 trillion in this year, said the minister last week. Power...