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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...

Two Indonesia’s Oil dan Gas Production Areas Sold in Auction

JAKARTA (TheInsiderStories) - Indonesian Government’s auction on oil and gas working areas bore few fruits. Two working areas, South Jambi B and Banyumas, sold among six offered...

Indonesia’s Electric Car Regulation Releases Soon

JAKARTA (TheinsiderStories) - Indonesia's Ministry of Industry has completed an assessment of the planned presidential decree on electric car as part of government move to boost...

Indonesia Targets US$11B in Upstream Oil and Gas Investment

JAKARTA (TheInsiderStories) - Indonesia's Special Task Force for Upstream Oil and Gas Business Activities still optimistic the upstream oil and gas investments investment could reach US$11 billion...

Indonesia Sets Coal Price US$100.89 for October

JAKARTA (TheInsiderStories) - Indonesia set the coal price reference US$100.89 a ton for October or lowered 3.7 percent compared to last month, said the...

Indonesia Still Has a Gas Deficit in 2018

JAKARTA (TheInsiderStories) - Indonesia still experienced a gas balance deficit of US$7.2 million in August, said one senior official government on Monday (01/09). In 2017, the...

32 Indonesian Miners Proposes Additional Export 21.9MT of Coal

JAKARTA (TheInsiderStories) - A total of 32 coal miners proposed additional production with total amount of 21.9 million tons (MT) of coal by the end of this...

Indonesia’s Pertamina, Conoco Competes to get the Corridor Block

JAKARTA (TheInsiderStories) - Indonesia' state-owned energy firm PT Pertamina, the existing operators ConocoPhilips, and other investor had submitted a special proposal for the Corridor Block, whose...

Indonesia Will Auction West Kampar Block

JAKARTA (TheInsiderStories) - Indonesian government through the Ministry of Energy and Mineral Resources (MEMR) decided to auction the West Kampar Block because one of the rights...

Indonesian Govt, Parliament Set ICP US$70 for 2019

JAKARTA (TheInsiderStories) - Ministry of Energy and Mineral Resources (MEMR) and parliament agreed to set Indonesian Crude Price (ICP) 2019 pegged at US$70 a barrel...

B20 Not Yet Fully Implemented in Indonesia

JAKARTA (TheInsiderStories) – The use of biodiesel 20 percent (B20) as required by the government since Sept. 1, 2018 is not yet fully implemented due mainly...

Indonesia to Issues New Gas Balance

 JAKARTA (TheInsiderStories) -  Indonesian government will release a national gas balance which will show the total supply of gas, producers and consumers across the country....

Canada’s Sonoro Joined Indonesian Firm to Manages Budong Budong PSC

JAKARTA (TheInsiderStories) - Canadian venture exchange oil and gas publicly traded company, Sonoro Energy Ltd. (TSXV: SNV) has entered into a strategic alliance agreement with one of...

Indonesia Issues Mandatory Export Proceed Placed at Local Banks

JAKARTA (TheInsiderStories) - Indonesia government continues to strive to increase domestic foreign exchange reserves by requiring all export proceeds to put their revenues in the local...

Indonesia Offers Tarakan Block to Investors

JAKARTA (TheInsiderStories) - Director General of Oil and Gas for Minister of Energy and Mineral Resources (MEMR) Djoko Siswanto said, the government plans to auction...

Indonesia’s President Cancels Plan to Revoke DMO Policy for Coals

JAKARTA (TheInsiderStories)--Indonesia's President Joko Widodo canceled a plan to revoke domestic market obligation (DMO) policy for coals, said one senior official on Tuesday (31/07). DMO is a...

Policy Review: Electricity Subsidy Swells to US$4B, Hit PLN’s Finances

JAKARTA (TheInsiderStories) - Indonesia government projected the electricity subsidies will swell to Rp59.99 trillion (US$4.18 billion) from the initial budget that has been targeted in...

Indonesia’s MEMR Sets Coal Price Reference at $104.65/ton in July 2018

JAKARTA (TheInsiderStories)—Indonesia’s Ministry of Energy and Mineral Resources (MEMR) the coal reference price at US$104.65 per ton for July 2018. MEMR has stipulated the Decree...

Indonesia’s PLN Appeals Gas Price for DMO US$6.5

JAKARTA (TheInsiderStories) - Indonesia's power producer PT Perusahaan Listrik Negara (PLN) appealed to the government gas prices for Domestic Market Obligation (DMO) can be...

Freeport Indonesia Negotiation to Wrap up End of July

JAKARTA (TheInsiderStories)--Indonesian government targets the negotiation with U.S's miner Freeport-Mcmoran Copper & Gold Inc. (NYSE: FCX) including 51 per cent divestment, smelter development, investment assurance,...

Chevron Indonesia Cuts IDD’s Investment to $6B

JAKARTA (TheInsiderStories)--Deputy Energy and Mineral Resources Minister (MEMR) Arcandra Tahar said the oil & gas producer PT Chevron Pacific Indonesia cut the investment estimates...

Indonesia Freezes Pertamina Deal With National Iranian Oil

JAKARTA (TheInsiderStories) - Indonesia’s government decided to freeze the state-owned energy producer PT Pertamina’s deal to operate the Mansouri oil field in Iran over because it...

Singapore’s RH Petrogas Wins New 20-Year of Two Indonesian PSC

JAKARTA (TheInsiderStories) - Singapore’s RH Petrogas Ltd., has been awarded new 20-year contract terms for two production sharing contracts (PSC) in Indonesia, said the...

Indonesia’s MEMR Offers 6 Mining Blocks to SOEs

JAKARTA (TheInsiderStories)—Indonesia’s Ministry of Energy and Mineral Resources (MEMR) offered six expiring special mining license areas to the state-owned and regional-owned companies. The MEMR’s Mineral...