Indonesia has decided to reactivate its membership in the Organization of the Petroleum Exporting Countries OPEC) under the condition that it won’t have to cut production, as the nation’s daily output has been on a decline. The Indonesian Energy and … Continue reading →
Energy and Mineral Resources Minister Ignasius Jonan has sent a request letter to rejoin the Organization of the Petroleum Exporting Countries (OPEC). The letter was sent on May 24. The government has given one condition that OPEC will not agree … Continue reading →
The government will be auctioning geothermal work areas in July following the issuance of a ministerial regulation on auction procedure. Energy and Mineral Resources Ministry new renewable energy and energy conservation director-general Rida Mulyana said that the regulation is being … Continue reading →
The Finance Ministry recently issued a new ministerial decree regulating the management of funds for the geothermal sector by state-owned infrastructure financing company PT Sarana Multi Infrastruktur (SMI). The new decree stipulates that SMI will be able to supply funds … Continue reading →
Japan-based Tokyo Gas is keen to invest in liquefied petroleum gas project in Sulawesi. The Energy and Mineral Resources Minister Ignasius Jonan said that he is supportive of Tokyo Gas investment commitment. “We heard that Tokyo Gas will invest in … Continue reading →