Home Tags MEMR

Tag: MEMR

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...

Indonesia Cuts June Coal Benchmark Price to US$81.48 a Ton

JAKARTA (TheInsiderStories) - Indonesian government has set its coal benchmark price for June at US$81.48 per ton, sliced 0.46 percent from May at $81.86...

Indonesia Wins Two-Working Areas Auction US$116.7M

JAKARTA (TheInsiderStories) – Indonesian Ministry of Energy and Mineral Resources (MEMR) announces Kufpec Ventures (Indonesia) Ltd. and Sonoro Energy Ltd-PT Menara Global Energi consortium as...

Indonesia’s Pertamina Reduces Crude Oil Imports US$1.4B

JAKARTA (TheInsiderStories) – Indonesian state-owned energy producer, PT Pertamina was reduced the crude oil and condensate imports by around 50 percent in the first-four months of...

Insight: Downstream Projects for Mining Still Stagnant in the Widodo’s Term

JAKARTA (TheInsiderStories) – During Indonesian President Joko Widodo' term, the development of the downstream for mining sectors still stagnant. Even though this sector can provide...

Indonesia’s Geo Dipa Energi Invests US$300M to Build Geothermal Power Plants

JAKARTA (TheInsiderStories) – Indonesia's geothermal power producer PT Geo Dipa Energi resumed the construction of 2 units of geothermal power plants with an investment...

Number of Companies Eyes Indonesian Oil, Gas Blocks

JAKARTA (TheInsiderStories) - Indonesian Energy and Mineral Resources (EMR) ministry announced 18 local and foreign companies accessing the bidding documents for oil and gas working...

China’s Coal Consumption Stable in 2019

JAKARTA (TheInsiderStories) – China' coal consumption is expected to remain stable in 2019, and will likely see a fair balance between supply and demand, said...

Insight: Energy Mix to Avoid Hazards for the Environment

JAKARTA (TheInsiderStories) – Indonesia' dependence on crude oil use is still very high. But unfortunately, the country' oil reserves are currently only 3.15 billion...

Five Indonesia’s Mineral Firms Carry Out Divestment in 2019-2020

JAKARTA (TheInsiderStories) - Indonesia' Energy and Mineral Resources (EMR) ministry said there are five mineral companies that will carry out the divestment in 2019 - 2020....

Indonesia Plans to Sell LNG to Singapore

JAKARTA (TheInsiderStories) - Indonesia' Energy and Mineral Resources (EMR) official said, the country plans to sell liquefied natural gas (LNG) cargoes to Singapore starting this year....

Indonesia May Need US$2.1B to Cut Oil and Gas Deficit: Studies

JAKARTA (TheInsiderStories) – Indonesia will start facing oil and gas deficit in 2025, according to studies. The deficit is predicted to hit its peak...

Indonesia’s Pertamina Hulu Energi Manages Maratua Block

JAKARTA (TheInsiderStories) – Indonesian energy producer, PT Pertamina Hulu Energi (PHE) to manage the Maratua Working Areas located in Berau District, East Kalimantan Province,...

Indonesia Inks US$16M Oil and Gas Blocks Auction

JAKARTA (TheInsiderStories) – Indonesia Energy and Mineral Resources (EMR) ministry just signed an agreement over the third stage of oil and gas blocks auction....

Indonesia Medco E&P Manages Rimau Block

JAKARTA (TheInsiderStories) – Indonesian government through the Ministry of Energy and Mineral Resources (MEMR) handed over the management of Rimau block in South Sumatra...

Indonesia Sets DMO Allocation 128MT of Coal in 2019

JAKARTA (TheInsiderStories) – Indonesian government set coal supply for domestic market obligation (DMO) in total 128 million tons (MT) of coal, said the senior...

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 Grants Three New Oil & Gas Contracts to Investors

JAKARTA (TheInsiderStories) - Indonesia granted three new oil and gas contracts to local and foreign investors in the latest auction. The government received a US$10.95 million...

Freeport Indonesia Gets Operating Permit Until 2031

JAKARTA (TheInsiderStories) – Ministry of Energy and Mineral Resources (MEMR) gave an extension for PT Freeport Indonesia' (PTFI) operating permit, through a Special Mining...

Indonesia’s Coal Industry Hard to Grow in 2019, says Association

JAKARTA (TheInsiderStories) – Over the past 20 years, the growth of the coal industry has been rapid and it has become one of the...

Dwi Soetjipto Lead Special Task Force for Upstream Oil and Gas...

JAKARTA (TheInsiderStories) - Minister of Energy and Mineral Resources Ignasius Jonan has appointed Dwi Soetjipto as Head of the Special Task Force for Upstream...

Indonesia Gov’t Signs Four Oil and Gas Contracts US$197M

JAKARTA (TheInsiderStories) - The Ministry of Energy and Mineral Resources (MEMR) has signed four oil and gas working areas contract, which consist of three extension contracts and...

Indonesia will Introduces Domestic Obligation for Gas

JAKARTA (TheInsiderStories) - After introducing its Domestic Market Obligation policy for coal on March 12, 2018, Indonesia government is going forward with its plan to introduce...

Indonesia Eases Oil and Gas Operation Auction, Complements Accessing Fee

JAKARTA (TheInsiderStories) — Indonesian Energy and Mineral Resources (EMR) Ministry opened third stage auction for oil and gas working operations, said the ministry yesterday...

Indonesia Launched MOMS, e-PBNP to Improves Mining Export Data

JAKARTA (TheInsiderStories) - The Ministry of Energy and Mineral Resources (MEMR) has launched the Mineral Online Monitoring System (MOMS) and e-PNBP Minerba application to...

Indonesia’s Renewable Energy Investment Realization Far Below Target

JAKARTA (TheInsiderStories) - The investment realization of renewable energy in Indonesia is still far from target, according to official, on Friday (26/10). This unachieved target is...