Below is a list with tagged columns and company profiles.

Today's Headlines Energy

  • Indonesia Has Become World's 2nd Largest Geothermal Energy Producer

    Indonesia Has Become World's 2nd Largest Geothermal Power Producer

    Indonesia has now overtaken the Philippines in terms of geothermal power capacity. At the end of Q1-2018 Indonesia's installed geothermal power capacity reached 1,925 MW, higher than the 1,868 MW capacity of the Philippines. Moreover, by the end of 2018, Indonesia is expected to see its geothermal power capacity rise to 2,058 MW. However, Indonesia is still far away from becoming the world's biggest geothermal power producer. Capacity of the USA currently stands at 3,591 MW, hence leading by a distance.

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  • 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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Latest Columns Energy

  • Coalbed Methane Production in Indonesia Far from Successful

    Production of coalbed methane (CBM) in Indonesia will most likely not meet the government's target of 500 million standard cubic feet per day (mmscfd) in 2015. Coalbed methane, an environmental friendly fuel, is a form of natural gas that occurs in coal beds. Although the production of CBM is a complementary aspect of coal mining, it has only started to gain attention in recent years. CBM reserves in Indonesia, estimated at 453 trillion cubic feet (tcf), are among the world's largest CBM reserves (6 percent of total global CBM reserves).

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  • What about Indonesia's Coal Mining Sector? A Short Overview and Analysis

    Coal is one of the most important commodities for Indonesia in terms of state revenue as it accounts for about 85 percent of the country's total mining revenue. Therefore, when global coal prices fell sharply from 2011 (amid a slowing global economy), Indonesia felt the impact. In a response to lower coal prices, Indonesian miners actually increased coal output thus placing more downward pressure on coal prices and profit margins. Although the coal industry will remain frail for some time to come, long-term prospects are still strong.

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  • Paving the Way for Geothermal Energy Development in Indonesia

    Paving the Way for Geothermal Energy Development in Indonesia

    Asep Sugiharta, an official at the Ministry of Forestry, said that a new bill has been submitted to Indonesia's parliament (DPR) which is expected to open up the potential for geothermal power development in Indonesia. Currently, geothermal exploitation is lawfully defined as a 'mining activity' (Law No. 27 2003) and therefore prohibited to be conducted in protected forest and conservation areas (Law No. 41 1999), even though geothermal mining activities have a relatively small impact on the environment (compared to other mining activities).

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  • The Ongoing Quest for the Reduction in Indonesia's Fuel Subsidy

    Fuel Price Hike Indonesia - Indonesia Investments - Richard van der Schaar

    The heavily subsidized fuel price of Indonesia is likely to be raised next month according to Indonesian media sources. Various high officials, including Economic minister Hatta Rajasa, discussed the possibility to raise the fuel price from IDR 4,500 (USD $0.46) to IDR 6,500 (USD $0.67) per liter starting from May. This increase will only apply to private passenger cars, and not to motorcycles and public transportation. However, president Susilo Bambang Yudhoyono has not made up his mind yet.

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