# energy minerals

Latest news group about energy minerals.

Indonesia Aims to Boost Oil Output to 1 Million Bpd in Four Years

Indonesia’s current oil production stands at approximately 600,000 bpd, while the country imports 1 million bpd to meet domestic demand.
Business Jan 30, 2025 | 12:20 pm

Ex-Minister Enggartiasto Underlines Importance of Green Economy

The 2025 Beritasatu Economic Outlook zeroes in on Indonesia's strategy towards green economy.
News Jan 30, 2025 | 12:03 pm

Indonesia to Maximize Local Refineries, Cut Crude Oil Exports

Indonesia redirects all state-owned crude oil initially planned for export to domestic refineries.
Business Jan 30, 2025 | 10:29 am

Cak Imin Backs ‘Calculated Plan’ to Grant Universities Mining Permit

Cak Imin says while he backs the plan, the government needs to make sure that the universities are truly worthy of the mining permit.
News Jan 30, 2025 | 8:13 am

Indonesia to Restrict Crude Oil Exports to Meet Domestic Demand

The government will allocate up to 13 million barrels of crude oil, originally intended for export, to supply local refineries.
Business Jan 29, 2025 | 11:21 pm

Let’s Beef Up Petronas-Pertamina Partnership, Anwar Ibrahim Tells Prabowo

Pertamina and Petronas have already signed a deal to manage Maluku's Masela gas block which would come on stream by 2030.
Business Jan 28, 2025 | 9:38 am

Gov’t Mulls Granting Universities Minerals Exploration Permit

The Mineral Resources Ministry recently floated a plan to grant minerals exploration licenses for universities.
Business Jan 24, 2025 | 9:30 am

ExxonMobil to Invest Up to $15 Billion in Indonesian Carbon Storage, Petrochemical

ExxonMobil's carbon capture and storage (CCS) facility will likely be somewhere in Sunda-Asri basin in the Java sea.
Business Jan 22, 2025 | 3:58 pm

Russia Open to Export Its Cheap Oil to Indonesia

European sanctions have caused Russian oil to cost cheaper than the global benchmarks.
Business Jan 21, 2025 | 12:53 pm

Biodiesel Key to Indonesia’s Energy Security, Task Force Says

Indonesia is increasing its palm oil-based content share of its biodiesel from 35 percent to 40 percent this year.
News Jan 17, 2025 | 2:43 pm

ADB Inks $92.6 Million Financing Deal for 83 MW Geothermal Project in W. Sumatra

ADB says around $38.8 million of the finance package for the geothermal project will come from the bank’s ordinary capital resources.
Business Jan 14, 2025 | 6:56 pm

Ex-Foreign Minister Retno Marsudi Picked as Vale’s Commissioner

Since stepping down from her ministerial post, Retno has snagged some strategic positions in the private sector.
Business Jan 14, 2025 | 2:53 pm

Gold Miner Antam to Build Smelter in Gresik

Antam already inked a land purchase deal with the Gresik-based JIIPE for the smelter project.
Business Jan 14, 2025 | 11:39 am

Gov't Mulls Letting Freeport Export Copper Concentrates Again

Freeport Indonesia formally submitted a request to be able to start exporting copper concentrates again after its export permit expired.
Business Jan 9, 2025 | 1:15 pm

Government Drafts New Energy Subsidy Scheme

In 2024, the government allocated a staggering Rp 386.9 trillion ($23.9 billion) for energy subsidies.
Business Jan 8, 2025 | 2:30 am

Nahdlatul Ulama Forms New Company to Manage 25,000 Hectares Mining Concessions

PBNU, Indonesia's largest Islamic organization, has launched Berkah Usaha Muamalah Nusantara (BUMN) to manage mining concessions.
Business Jan 3, 2025 | 8:33 pm

Indonesia's Oil Production Reaches 600,000 BOPD in November-December 2024, Minister Says

Indonesia's oil production reaches 600,000 BOPD in November-December 2024, up from 580,000 BOPD in August
Business Jan 3, 2025 | 8:18 pm

Rules on B40 Biodiesel to Finish This Week

Indonesia is aiming to start using the so-called B40, a biodiesel that has a palm oil blending rate of 40 percent, starting in 2025.
News Jan 3, 2025 | 6:59 am

Indonesia to Add 71 GW of Renewable Energy as Part of Long-Term Power Plan

Indonesia is finalizing its 2024-2034 Electricity Supply Business Plan (RUPTL), set to add 71 gigawatts (GW) of renewable power capacity.
Business Dec 27, 2024 | 8:13 pm

Bahlil Blames Aggressive Tax Rules for Low Oil and Gas Exploration

Bahlil noted that investors are required to pay VAT upfront during the exploration phase, even before any resources are discovered.
Business Dec 19, 2024 | 11:45 pm

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