Below is a list with tagged columns and company profiles.

Today's Headlines Natural Resources

  • Indonesia's Palm Oil Exports Going Through a Dry Spell

    Exports of Indonesian palm oil may drop to 1.51 million metric tonnes (MT) in February, a 5.6 percent decline from January. Importers prefer to buy the commodity in Malaysia where the government has put in place a duty free tariff on its palm oil exports in order to reduce large stockpiles. Indonesia, on the other hand, has a nine percent export duty as the government tries to gain more revenue out of its natural resources.

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Latest Columns Natural Resources

  • Protectionism in Indonesia: Falling Role of Commodities in the Economy

    Protectionism in Indonesia: Falling Role of Commodities in the Economy

    An interesting story was released on Bloomberg Markets Asia on Wednesday (29/03) about the sliding role of commodities in the Indonesian economy and the need for Southeast Asia's largest economy to find a new growth engine (or better: several new growth engines) that will take the country to economic growth levels of +7 percent year-on-year (y/y) as once pledged by Indonesian President Joko Widodo during his presidential campaign in 2014.

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  • Oil & Gas Industry: Understanding Indonesia's Cost Recovery Scheme

    Oil & Gas Industry: Understanding Indonesia's Cost Recovery Scheme

    Because we have received quite some questions about Indonesia's cost recovery scheme in the oil and gas industry, we decided to devote an article to this topic. Simply put, the oil recovery scheme that the Indonesian government applies in the upstream oil and gas industry concerns the reimbursement of exploration and production costs to oil and gas contractors. This should make oil and gas exploration in Indonesia more attractive and thus stop the two-decade long decline in the nation's oil output.

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  • Should Indonesia Relax the Mineral Ore Export Ban? No Says AP3I

    Should Indonesia Relax the Mineral Ore Export Ban? No Says AP3I

    According to the Association of Indonesian Processing and Refining Companies (AP3I), consumption of mineral ores in Indonesia will be solid starting from 2017 due to the start of operations of new smelters. Jonathan Handojo, Vice Chairman of the AP3I, says domestic consumption of nickel ore will reach 7 million tons in 2017, roughly the same amount of nickel ore that was exported in 2009 before the New Mining Law - which stipulates a ban on exports of mineral ore from Indonesia (per January 2014) - was revealed.

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  • Pertamina to Take Control of Indonesia’s Mahakam Oil & Gas Block

    Pertamina to Take Control of Indonesia’s Mahakam Oil & Gas Block

    Indonesia’s state-owned energy company Pertamina and local governments will become the new operators of the Mahakam oil and gas block (located offshore in East Kalimantan) after existing contracts of current operators end on 31 December 2017. The Indonesian government announced on Friday (19/06) that it is to grant Pertamina a 70 percent stake in the Mahakam block, Indonesia’s largest oil and gas block. The current operators of the block are French oil giant Total SA and Japan-based oil firm Inpex Corp, each owning a 50 percent stake.

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  • Freeport Indonesia Speeds up Land Acquisition to Secure Export Permit

    After the government of Indonesia threatened to revoke the export permit of Freeport Indonesia by the end of January on claims that the company fails to show its commitment to establish a new copper smelter in Southeast Asia’s largest economy, the local unit of US mining giant Freeport-McMoRan Copper & Gold (re)confirmed today that it is serious to build the smelter. Based on renegotiations between the government and Freeport Indonesia (agreed upon in July 2014), the company had been allowed to resume copper concentrate.

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  • Indonesian Government Seeks Private Investments in Oil Refineries

    Indonesian Government Seeks Private Investments in Oil Refineries

    The government of Indonesia plans to add new fuel refineries soon after such development has been postponed for many years. Today, Indonesia's total of oil refineries have roughly the same combined production capacity as a decade ago, indicating that limited progress has been made. In fact, domestic oil output has experienced a steady downward trend for almost two decades due to a lack of exploration and investments amid weak government management, bureaucracy, an unclear regulatory framework and legal uncertainty.

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  • Presidential Election Indonesia 2014: 2nd Television Debate Jokowi-Prabowo

    Presidential Election Indonesia 2014: 2nd Television Debate Jokowi-Prabowo

    Sunday evening (15/06), the second debate between Indonesia’s two presidential candidates - Prabowo Subianto and Joko ‘Jokowi’ Widodo - was held. This debate was broadcast live on various Indonesian television stations and - once again - managed to become a trending topic on social media. The debate, the theme of which was ‘development of the economy and social welfare‘, was characterized by a nationalistic and protectionist tone. This tone had already been set by Subianto in the past weeks but now Jokowi also stressed protectionism.

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  • Protectionist Path in the Mining Sector to Increase Indonesia's Profit Share

    There has been quite some commotion regarding Indonesia's mining industry in recent years. The New Mining Law of 2009 implied a number of rigorous changes that are controversial up to the present day. The law was designed to increase Indonesia's profits from its own abundant natural resources, a sector in which many foreign companies are active. For foreigners the new law contains a number of protectionist measures that make Indonesia's mining industry less appealing.

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  • Fiscal Incentives to Stimulate Investments in Indonesia's Oil and Gas Exploration

    Fiscal Incentives to Stimulate Investments in Indonesia's Oil and Gas Exploration

    The Indonesian government - through its Energy and Mineral Resources Ministry - has stated to provide fiscal incentives to encourage oil and gas exploration in Indonesia. Indonesia, a former OPEC member, has recorded a declining oil production since the 1990s due to a lack of exploration and investments in this sector. To reverse this situation, the government will provide a number of tax exemptions.

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