A Japanese investor plans to build a bio gas power plant (PLTG) utilizing nutshell of oil palm fruits for fuel in Mukomuko District, Bengkulu. “Currently the investor is waiting for the license from the district administration,” a member of the … Continue reading →
PT Pertamina recorded efficiency gains from oil procurement of $91 million or Rp1.2 trillion in the first half of 2016. The achievement was obtained after the company diverted procurement to the Integrated Supply Chain (ISC) division from the previous through a … Continue reading →
A lawmaker urged the government to issue regulation in lieu of law (Perppu) while waiting for the House of Representatives to wrap up debate on the revision of the Oil and Gas Law. Kurtubi of the Commission VI of the … Continue reading →
State energy company Pertamina is preparing a preliminary study on two oil fields in Iran to secure energy supply for Indonesia over the next decade. Exploration of Iranian petroleum areas might increase the company’s reserve by 5 billion barrels. The study is part of … Continue reading →
Three state-owned banks will help fund the Tangguh Train 3 LNG project in Bintuni Bay, West Papua. Bank Mandiri, Bank Negara Indonesia (BNI), and Bank Rakyat Indonesia (BRI) and a private non-bank firm Indonesia Infrastructure Finance are committed to provide … Continue reading →