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Four Mining Companies Requires to Divest the Shares in 2020

JAKARTA (TheInsiderStories) - After Canadian Vale SA' unit, PT Vale Indonesia Tbk (IDX: INCO) has completed the divestment of 20 percent shares, there are four other...

Until May 2020, Indonesia’s Coal Production Reached 228 MT

JAKARTA (TheInsiderStories) - The energy and mineral resources (EMR) ministry reported the realization of coal production until May 2020 reached 228 million tons (MT) of coal...

MEMR: Nine Producers Signs Natural Gas Price Adjustment

JAKARTA (TheInsiderStories) - Nine companies have signed a side letter of production sharing contract (PSC) and Letter of Agreement (LoA) on natural gas price adjustment...

The “Controversial” Mining Law Passes by Indonesia’s Parliament

JAKARTA (TheInsiderStories) - Amid rejection from various organizations and parties, Indonesia' parliament passes the revision of mining law at the plenary meeting today (05/12). The revision...

Indonesia Hold Fuel Price, Sees the Oil Prices Rebound at the...

JAKARTA (TheInsiderStories) - The ministry of energy and mineral resources (MEMR) decided to kept Indonesia' fuel prices even the global oil prices has dropped below US$20...

Indonesian Officially Set Gas Prices for Industry US$6 a MMBTU

JAKARTA (TheInsiderStories) - Indonesian government officially set the gas prices for industry US$6 a millions british thermal units(MMBTU), said the energy and mineral resources (EMR)...

Indonesia Sees Domestic Coal Demand Could Drop 5% in 2020

JAKARTA (TheInsiderStories) - The Ministry of Energy and Mineral Resources (MEMR) sees the domestic coal demand could fall around 5 percent if the COVID-19 impact...

Indonesia Delays the Submission of Coal Producer Work Plan in 2020

JAKARTA (TheInsiderStories) - Indonesia delays the submission of Work Plan and Budget for coal producers to be submitted after the first quarter of this year. This...

Indonesia’s 2020 Oil and Gas Output Likely to Fall

JAKARTA (TheInsiderStories) - Indonesia’ production of both oil and gas will most likely fall in 2020 despite the official projections of a combined 8 percent...

Indonesia Needs US$20B for Energy Mix Program Until 2024

JAKARTA (TheInsiderStories) - The energy and mineral resources (EMR) ministry has set the investment target for the renewable energy and conservation sector to reach...

Indonesia Sees Potential Geothermal Projects 1GW by 2030

JAKARTA (TheInsiderStories) - Indonesian government could manages one gigawatts (GW) of geothermal projects in 2030, said the official on Tuesday (02/18). The potential showed on the...

Mineral, Coal Investment in Indonesia Drops this Year

JAKARTA (TheInsiderStories) - Mineral and coal investment in Indonesia is expected to decline until 2024, said chair of Indonesian Mining and Energy Forum, yesterday (02/12). The...

Indonesia’s Nickel Ore Production to Drops 52% in 2020

JAKARTA (TheInsiderStories) - Indonesian Nickel Mining Association sees, local nickel ore production is projected drops 52 percent ​​to 25 million wet metric tons (WMT) in this...

Indonesia Set Thermal Coal Price US$66.89/MT

JAKARTA (TheInsiderStories) - Indonesian government set its February' thermal coal reference price at US$66.89 a metric ton (MT), up 1.5 percent compared to January at $65.93/MT...

Indonesia Set Coal Price for DMO US$70 a Ton

JAKARTA (TheInsiderStories) - Indonesian set the coal price for Domestic Market Obligation (DMO) at US$70 a ton starting Jan. 1, 2020. The government also pegged 25 percent...

Indonesia to Regulates DMO of Gas, President Wants to Lowering the...

JAKARTA (TheInsiderStories) – Indonesian government has plan to regulate the domestic market obligation (DMO) of gas to drive down the price for local manufacturers, said...

Global GDP Shrinks, ICP Declines to US$59.82 in October

JAKARTA (TheInsiderStories) -  Indonesian government set the Indonesian Crude Price (ICP) in October 2019 at US$59.82 a barrel followed the downtrend of global economic growth...

Toyota Produces EV Car, Indonesian Gov’t Regulate Tariff

JAKARTA (TheInsiderStories) - Local car maker, PT Toyota Motor Manufacturing Indonesia (TMMIN) is ready to start electric vehicle (EV) production at its factory located in...

Japan’s INPEX, Shell Signs an Amandment of Masela Block Contract

JAKARTA (TheInsiderStories) - Japan' INPEX CORPORATION (INPEX), through its subsidiary INPEX Masela, Ltd and its partner British' Shell Upstream Overseas Ltd., signed the amandment...

Indonesia Targets 31 Smelters Operated in 2022

JAKARTA (TheInsiderStories) - Indonesian government targets 31 nickel smelter to be operate in 2022, with 20 of them projected to be achieved next year...

Indonesia’s PLN Needs US$1B to Complete Eight Geothermal Projects

JAKARTA (TheInsiderStories) - State-owned power producer, PT Perusahaan Listrik Negara (PLN) needs an investment around US$1 billion to complete eight geothermal projects during 2023 -...

Businessmen Urges Resignation of Two Ministers, Director of PLN

JAKARTA (TheInsiderStories) - Indonesian Young Entrepreneurs Association urged two ministers and chief executive state-owned power producer, PT Perusahaan Listik Negara (PLN) to resign followed the...

Indonesia Builds Mentarang Hydroelectric Plant Next Year

JAKARTA (TheInsiderStories) - Indonesian aimed to built Mentarang Hydroelectric Power Plant, in North Kalimantan, with total costs US$2 billion starting 2020, said Coordinating Minister...

Indonesia Launches 16 Electricity Projects in West, East Nusa Tenggara

JAKARTA (TheInsiderStories) - Indonesia's Minister of Energy and Mineral Resources (MEMR) Ignatius Jonan launched 16 electricity infrastructure projects spread across West Nusa Tenggara and...

Indonesia Targets 12 Waste-based Power Plants Operates in 2022

JAKARTA (TheInsiderStories) - Indonesian government targeting to operate 12 waste-based power plants by 2022 and its expecting produce up to 234 megawatts (MW) of...

Indonesia Hands Over the Masela Block to Japan’s Inpex and British’s...

JAKARTA (TheInsiderStories) - Indonesian President Joko Widodo handed over the Plan of Development (PoD) of Masela Block Oil and Gas Project in Tanimbar Islands,...

Indonesia Approves the Development Plan of Masela Block

JAKARTA (TheInsiderStories) - Indonesia' government has approved the latest revision of plan of development (PoD) of Masela block in the Arafura Sea North Maluku to...

Indonesia to Stops Raw Mineral Exports in 2022

Jakarta (TheInsiderStories) - Indonesian government ensured that after 41 smelters operating, the country will stop raw mineral exports in 2022. So far, most of...

Indonesia, Inpex Signs Abadi LNG Development Agreement

JAKARTA (TheInsiderStories) - Indonesian government and Japan' Inpex Corporation have signed a basic agreement regarding a revised plan of development (POD) for Abadi liquefied natural...

Indonesia, Kufpec Ventures Signs Anambas Block Contract

JAKARTA (TheInsiderStories) - Ministry of Energy and Mineral Resources (MEMR) and Kuwait-based energy firm Kufpec Regional Ventures (Indonesia) Ltd., officially signed the gross split...