Below is a list with tagged columns and company profiles.

Today's Headlines Energy

  • Indonesia A Step Closer in Making Pertamina the Oil & Gas Holding Firm

    Indonesia A Step Closer in Making Pertamina the Oil & Gas Holding Firm

    The government of Indonesia is now one step further in turning fully state-owned energy company Pertamina into an oil & gas holding firm. Indonesian President Joko Widodo signed Government Regulation No. 6/2018 on the Formation of a State-Owned Oil & Gas Holding Firm thus formalizing the government's decision to move its 57 percent stake (Series B shares) in gas distributor Perusahaan Gas Negara to Pertamina.

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  • Solar Panel Producer Sky Energy Indonesia Is Finalizing Its IPO

    Solar Panel Producer Sky Energy Indonesia Is Finalizing Its IPO

    Solar panel manufacturer Sky Energy Indonesia is busy finalizing its initial public offering (IPO) on the Indonesia Stock Exchange. The company will offer 203.26 million shares, equivalent to 20 percent of its total paid-up capital, to the public. Sky Energy Indonesia set its offering price in the range of IDR 375 - 450 per share, hence the company targets to raise between IDR 76.2 - 91.5 billion (approx. USD $6.4 million) through the IPO.

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  • Renewable Energy Indonesia: Rising Geothermal Power Capacity

    Renewable Energy Indonesia: Rising Geothermal Power Capacity

    The Indonesian government aims to add 250 MW to the nation's installed geothermal power plants' production capacity in 2018. Based on data from Indonesia's Energy and Mineral Resources Ministry, Indonesia's geothermal power capacity stood at 1,808.5 MW at the end of 2017, below the government's target of 1,858.5 MW. Although the production figure is rising, Indonesia only taps 10.3 percent of its geothermal potential.

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  • Geothermal Energy Indonesia: Sarulla's Production Capacity Rises

    Geothermal Energy Indonesia: Sarulla's Production Capacity Rises

    Good news for supporters of renewable energy. The Sarulla geothermal power plant, located in Tapanuli (North Sumatra), now has two units in the commercial operation stage, hence the power plant's total capacity has increased to 220 Megawatt (MW). The second unit of the plant commenced commercial production earlier this week.

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  • Glass Manufacturers in Indonesia Urge Government to Cut Gas Price

    Glass Manufacturers in Indonesia Urge Government to Cut Gas Price

    Indonesian glass manufacturers are still waiting for the Indonesian government to cut the gas price. Yustinus Gunawan, Chairman of the Float and Safety Glasses Association (in Indonesian: Asosiasi Kaca Lembaran dan Pengamanan, or AKLP), says the high gas price undermines Indonesian glass producers' competitiveness as foreign counterparts can produce their glass output with lower production costs, hence being able to offer more competitive prices on the international market.

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  • Natural Gas Price Indonesia Remains High Despite Gov't Promise

    Natural Gas Price Indonesia Remains High Despite Gov't Promise

    It has been many months since Indonesian President Joko Widodo signed Presidential Regulation No. 40/2016 on the Determination of the Natural Gas Price in the second half of 2016. However, most businesses in Indonesia still need to pay a high price for gas. Therefore, businesses are again urging the government to be committed to its gas price policy.

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  • Indonesian Energy Companies in Focus: ABM Investama

    Indonesian Energy Companies in Focus: ABM Investama

    Indonesia Investments updated the company profile of ABM Investama in the Indonesian companies section. ABM Investama, listed on the Indonesia Stock Exchange, is an Indonesia-based holding company that is primarily focused on energy-related sectors, covering coal production, mining contractor services, and power solutions. After two years of net losses the company posted net profit of USD $12.89 million in 2016 supported by cost efficiency improvements in all business lines and the surging coal price in the second half of 2016.

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  • Rubber Glove Industry of Indonesia Needs a Cheaper Gas Price

    Rubber Glove Industry of Indonesia Needs a Cheaper Gas Price

    Rubber gloves manufacturers in Indonesia are pessimistic about their business in 2017. This pessimism is caused by the lack of clarity whether - or when - the Indonesian government will lower the gas price for the rubber glove sector. Indonesia's high gas price gives rise to high operational costs for Indonesia's rubber glove producers. Reportedly, a number of local rubber glove factories have ceased production since late-2015.

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  • Profit of Indonesia's State-Owned Energy Firm Pertamina Soars 221%

    Profit of Indonesia's State-Owned Energy Firm Pertamina Soars 221%

    Indonesia's fully state-owned energy company Pertamina saw its net profit grow by a whopping 221 percent (y/y) to USD $1.83 billion in the first half of 2016. This remarkable performance is attributed to the company's enhanced operational performance and efficiency in the upstream and downstream segments. Dwi Soetjipto, General Director of Pertamina, that despite the oil and gas industry being plagued by major challenges, Pertamina managed to take its responsibility in terms of the energy supply, being the nation's foremost local energy supplier.

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Latest Columns Energy

  • Indonesian Energy Companies in Focus: Perusahaan Gas Negara

    Indonesian Energy Companies in Focus: Perusahaan Gas Negara

    Shares of Perusahaan Gas Negara, the largest natural gas transportation and distribution company in Indonesia, are showing spectacular growth in 2018. On Tuesday (23/01) the company's shares surged 8.91 percent to IDR 2,690 a piece. So far this year, its shares have grown a whopping 53.71 percent. What is the story behind this spectacular performance?

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  • Indonesian Coal Mining Companies in Focus: Adaro Energy

    Indonesian Coal Mining Companies in Focus: Adaro Energy

    Amid rising mining commodity prices, Indonesian coal mining company Adaro Energy saw its share price surge at the start of 2018. The mining index is actually the best-performing index so far this year in Indonesia, rising 13.58 percent since the start of the year. Being a mining company - or more precisely an energy company (as it recently entered the power generation sector) - Adaro Energy is among the major beneficiaries.

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  • Petrochemical Companies in Focus: Chandra Asri Petrochemical

    Petrochemical Companies in Focus: Chandra Asri Petrochemical

    Chandra Asri Petrochemical, one of Indonesia's largest petrochemical companies, is busy with (at least) four projects that should boost the company's performance in the future. The four projects involve the expansion of its butadiene plant, development of a synthetic butadiene rubber plant, development of a coal gasification plant, and expansion of its second petrochemical plant.

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  • Indonesia Contains Great Potential for Ocean Thermal Energy Conversion

    Indonesia Contains Great Potential for Ocean Thermal Energy Conversion

    As Indonesia is increasingly focusing on renewable energy sources, the potential of geothermal power in Indonesia is usually in the spotlight. However, the potential of ocean thermal energy conversion (OTEC) is seldom mentioned, while it is estimated that Indonesia's OTEC potential is around 41,000 megawatt (MW), among the biggest worldwide.

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  • Indonesia to Become World's Biggest Geothermal Power Producer in 2021?

    Indonesia to Become World's Biggest Geothermal Power Producer in 2021?

    In 2018 Indonesia is expected to become the world's second-biggest geothermal energy producer, surpassing the Philippines that now lies second after the United States. Meanwhile, Indonesia's Energy and Mineral Resources Ministry projects Indonesia to become the world's largest geothermal power producer by 2021. These developments are based on ongoing geothermal development in Southeast Asia's largest economy.

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  • Inflation Indonesia: Administered Price Adjustments Form Challenge

    Inflation Indonesia: Administered Price Adjustments Form Challenge

    The central bank of Indonesia (Bank Indonesia) said it carefully monitors the impact of higher electricity tariffs on the nation's inflation pace in March 2017. This month the government implemented the second phase of its gradual electricity tariff increase program for 900-VA household customers. Indonesia's state-owned electricity company Perusahaan Listrik Negara (PLN) decided to raise the electricity price for 900-VA households three times this year in order to cut energy subsidies and ensure that these subsidies are indeed channeled to the right people.

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  • Coal Remains King in Indonesia: Rising Domestic Consumption of Coal

    Mining Commodities Update Indonesia: Rising Domestic Consumption of Coal

    Domestic coal consumption in Indonesia rose 34.5 percent (y/y) to 24.5 million tons in the January-April 2016 period, according to data from Indonesia's Energy and Mineral Resources Ministry. This growth is caused by higher domestic coal demand due to Indonesia's ambitious 35,000 MW program (many of the power plants constructed in this program are coal-fired). Meanwhile, Indonesia's coal exports were down 14 percent (y/y) to 68 million metric tons over the same period amid sluggish global demand.

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  • Indonesia's Controversial Batang Power Plant: Human Rights & Environment

    Indonesia's Controversial Batang Power Plant: Human Rights & Environment

    Last week it was announced that the Japan Bank for International Cooperation (JBIC) agreed to a USD $3.4 billion loan for the construction of the controversial Batang power plant in Central Java. This power plant project is controversial as it met fierce resistance from the local community (triggering concerns about human rights violations related to the land acquisition process) as well as criticism from environmental groups, saying this power plant - set to become Indonesia's largest coal-fired power plant - runs counter to Indonesia's earlier commitment to reduce carbon emissions.

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  • Bilateral Economic Relations Belgium & Indonesia: 5th Economic Mission

    Bilateral Economic Relations Belgium & Indonesia: 5th Economic Mission

    Until 19 March, a Belgian mission - led by Princess Astrid, accompanied by four ministers and 301 participants (including 127 company representatives) - visits Indonesia in an effort to strengthen bilateral economic cooperation between both nations and boost foreign direct investment from Belgium into Indonesia. According to the Belgian Embassy, the ongoing mission in Indonesia is the fifth - and largest ever - economic mission conducted by Belgium in Southeast Asia's largest economy. Belgium is the fifth-largest investor from the European Union (EU).

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