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Indonesia Sheds US$4.38B for Electricity Subsidies Next Year

JAKARTA (TheInsiderStories) - The Ministry of Energy and Mineral Resources and the House of Representatives has agreed for electricity subsidy of Rp62.21 trillion (US$4.38...

Indonesia’s Anti-Graft Again Examined Widodo’s Minister On e-ID Card Case

JAKARTA (TheInsiderStories) - Indonesia' Corruption Eradication Commission (CEC)  again examined the law and human rights minister, Yasonna Hamonangan Laoly related to national electronic identity...

Indonesia to Stop Import Oil to Stabilise Rupiah

JAKARTA (TheInsiderStories)--Indonesian President Joko Widodo instructed PT Pertamina to buy all domestic oil production at market prices in order to maintain current account deficit (CAD)...

Policy Review: Slow Progress of 35 GW Power Plant Program

JAKARTA (TheInsiderStories) – In May 2015, the Joko Widodo government unveiled an ambitious program to develop 35,000 MW installed capacity of power plants in...

Policy Review: Questioning 2018-2027 Electricity Supply Business Plan

JAKARTA (TheInsiderStories) – The Energy and Mineral Resources Ministry (EMR Ministry) has recently launched the much-awaited electricity supply business plan for the period of...

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 Expects to Add 56 GW Power Capacity until 2027

JAKARTA (TheInsiderStories) – The Energy and Mineral Resources  Ministry (EMR Ministry) on Tuesday (13/03) launched the ten-year Electricity Supply Business Plan for the period...

President: Complete Freeport Shares Divestment by April

JAKARTA (TheInsiderStories) – The negotiations over the 51 per cent divestment of PT Freeport Indonesia shares continued to drag on. Given this situation, President...

Policy Review: EMR Revokes Rulings, Permits to Boost Investment

JAKARTA (TheInsiderStories) – The Energy and Mineral Resources (EMR) Ministry has revoked as many as 90 regulations as well as 96 certifications, recommendations and...

Govt Vows No Electricity Tariff Hike Until 2019

JAKARTA (TheInsiderStories) – The Joko Widodo government is committed to maintain the current electricity tariff until 2019, as a move to maintain price stability,...

Indonesia Revokes 32 Regulations in Energy & Mining Sectors

JAKARTA (TheInsiderStories) – President Joko Widodo has repeatedly called on his ministers to simplify permits and business process in a move to improve business...

Govt Gets $27M per Year from Contracts Amendment

JAKARTA (TheInsiderStories) – The Indonesian government will be paid an additional US$27 million per annum following the signing of 19 contract amendments with mining...

Indonesia Government to Extend Masela Contract by 27 years

JAKARTA (TheInsiderStories) - The Indonesian government has agreed to extend Inpex Corp's operational permits for developing Masela natural gas project in the country's east by up...

Indonesia, Japan Explores to Build LNG Power Generation on Ships

JAKARTA (TheInsiderStories) - Indonesia and Japan are is exploring the possibility of LNG-based power generation on ships to providing power to islands in the largest...

President Widodo’s 3rd Year: Freeport Proofs of Government Negotiation Toughness

JAKARTA (TheInsiderStories) - The Indonesian government and U.S mining giant Freeport-McMoRan Inc. are still facing off, far apart on a mutually-agreeable deal with contract renegotiation ongoing. Likely...

51% Freeport Shares Worth US$4 billion: Jonan

JAKARTA (TheInsiderStories) - Minister of Energy and Mineral Resources Ignasius Jonan has mentioned the value of the 51 percent stake to be divested by PT Freeport...

Jambaran Tiung Biru Starts Gas Processing Facility Construction

JAKARTA (TheInsiderStories) - Jambaran-Tiung Biru (JTB) field has started up its gas processing facilities (GPF) construction today, with anticipated production capacity of 330 million metric standard...

Electrical Power from Powerful Waves – Dutch Investors Keen

JAKARTA (TheInsiderStories) - Investors from the Netherlands have expressed interest in develop an ocean wave power plant under Pancasila-Palmerah bridge connecting Flores Island and Adonara...