The ongoing energy crisis has forced smelters in China and Europe to curb production. Indonesian nickel producers are aiming to ramp up production as prices inch higher. Many feel that Continue Reading
Indonesia raised subsidized fuel prices by about 30% on Saturday, as the government moves to rein in ballooning subsidies despite a risk of mass protests. The price of subsidised gasoline Continue Reading
Indonesia is facing an uphill battle in its push to transition away from coal. As the world’s top coal exporter, kicking the fossil fuel will potentially cost billions. Further complicating Continue Reading
Indonesia is halting palm oil exports in the midst of high inflation, weather woes and tight supplies Hundreds of people line up to get cooking oils in Palembang, Indonesia on Continue Reading
Indonesia’s new palm oil export ban will hurt other countries but is necessary to try to bring down the soaring domestic price of cooking oil driven up by Russia’s war Continue Reading
India trade group U.S. urges cooperation rather than export bans Indonesian govt under pressure to control cooking oil prices Global prices at records this year after Indonesian curbs Edible oils Continue Reading
Indonesian men fry krupuk, a rice cracker served with most meals, in Jakarta. The party backing President Joko Widodo is urging Indonesians to start boiling, steaming and roasting food instead Continue Reading
Indonesia, the world’s biggest exporter of edible oils, will tighten its control over shipments in a sign of growing protectionism around the world as countries grapple with soaring food prices. Continue Reading
Delays in shipment of Indonesia’s thermal coal continued due to logistical bottlenecks and impeding paperwork, market sources said Jan. 25, even after the three-week blanket ban on coal exports was Continue Reading
Highlights 34 ships already released for export Miners hope ban to be lifted for those meeting domestic market obligation Meeting to review Nov-Dec DMO fulfillment Jan. 18-20 Indonesia may release Continue Reading
Indonesia may allow coal exports to resume by the end of Monday or Tuesday, as domestic demand has been met, senior minister Luhut Pandjaitan said. “End of today or tomorrow Continue Reading
Indonesia, the world’s biggest thermal coal exporter, sent shockwaves through global energy markets this week by suspending exports of the fuel in January due to critically low coal supplies at Continue Reading
Supramax, Panamax rates in Pacific may fall sharply Ship-operators to foot cost of tonnage held up in Indonesia Supramax and Panamax markets in the Pacific region are expected to face Continue Reading
Highlights Remaining 2.2 mil mt to be supplied by small miners Miners expect ban to be partially revoked on Jan. 5 Supply to remain tight till February: miners Major Indonesian Continue Reading
Deaths in Indonesia from Covid-19 rose sharply on Wednesday, with reported daily fatalities nearly double the number from two days ago, as the fast-spreading Delta variant of the coronavirus overwhelms Continue Reading
EPA image captionThe massive fire broke out just after midnight on Monday Firefighters in Indonesia are working to put out a massive fire that has broken out at one of Continue Reading
In December 2020, reports emerged that Tesla would send delegations to Indonesia in January to discuss potential investment in a supply chain for its electric vehicles. On February 4, the Continue Reading
Indonesia’s economy has fallen into recession for the first time since the Asian financial crisis more than two decades ago as the country struggles to control the coronavirus pandemic. Statistics Continue Reading
Indonesia, the top buyer of gasoline in Southeast Asia, is likely to face sluggish motor fuel demand in the near term, as driving in major cities dropped last month amid Continue Reading
Indonesia posted a record number of new coronavirus cases on Thursday, since hitting an all-time high less than a week ago. There were 3,622 fresh cases reported over the past Continue Reading
Oil production has been in steady decline for much of the past two decades in Indonesia, but the state aims to reverse this trend and achieve a production target of Continue Reading
The number of coronavirus infections in Indonesia exceeded 40,000 with the emergence of new hot spots amid a ramp-up in testing and contact tracing to contain the pandemic. The world’s fourth-most Continue Reading
A nationwide ban by Indonesia, the region’s largest buyer of gasoline, on seasonal travel for Ramadan will significantly add to downward momentum in the already bearish motor fuel market, industry Continue Reading
Jakarta slashes Pertamina’s crude import quota by 30 million barrels WTI trades at discount to light sweet Malaysian, Brunei grades Local refineries directed to use more domestic crude The Indonesian Continue Reading
It’s not just Australia that’s having a rough start to the new year. Indonesia’s sinking capital of Jakarta and the surrounding areas have been inundated with rain, triggering landslides and Continue Reading
Indonesia will carry out cloud seeding on Friday in a bid to prevent further rainfall over the capital Jakarta, after deadly flash floods and landslides following some of the heaviest Continue Reading
At least 16 people died in Indonesia’s capital of Jakarta and its suburbs after torrential rain brought on the worst flooding in years, drawing attention to the challenge of protecting Continue Reading
Thousands have been evacuated after flash floods on New Year’s Eve At least 21 people have died in flooding in the Indonesian capital, Jakarta, after the city had its most Continue Reading
Where forested hills dip into the sea, Sahman Ukas scoops up rusty-red topsoil. His hands hold nickel that is more concentrated than many of the world’s richest deposits. It’s no Continue Reading
An aerial photo of a palm oil plantation in Batanghari, Jambi province, Sumatra island, Indonesia November 28, 2018. Antara Foto/Wahdi Septiawan/via REUTERS JAKARTA (Reuters) – Indonesia on Thursday began testing Continue Reading
Replacing diminishing reserves and guaranteeing domestic energy security are two of Indonesia’s policy priorities. As such, oil and gas exploration and development are key areas in which the government is Continue Reading
Shell is seeking to sell its minority stake in a liquefied natural gas (LNG) project in Indonesia, hoping to get US$1 billion for its 35-percent interest in the US$15-billion project, Continue Reading
Shell is seeking to sell its minority stake in a liquefied natural gas (LNG) project in Indonesia, hoping to get US$1 billion for its 35-percent interest in the US$15-billion project, Continue Reading
The fields outside Kotawaringin village in Central Kalimantan, on the island of Borneo, looked as if they had just been cleared by armies. None of the old growth remained — Continue Reading
At the end of 2016, Indonesia—which had rejoined OPEC just several months before that—refused to take part in the production cut deal and suspended its membership in the organization. Now Continue Reading
One of the standout commodity performers this year has been thermal coal, but not all coal is created equal and disparities in pricing may help explain why India’s imports have Continue Reading
The future is looking grim for foreign resource companies with investments in Indonesia. In the current election cycle, it has become increasingly politically popular to push for repatriation of the Continue Reading
The Indonesian government has moved to reclaim its prolific Rokan oil block from Chevron in 2021 when its contract is set to expire, it will then turn it over to Continue Reading
More than $150 million in loans will help Indonesia build its first utility-scale solar power plants, the Asian Development Bank said Thursday. ADB said it would offer financial support for Continue Reading
Indonesia has capped the price of domestic coal for power stations at $70 per ton for two years, in new rules issued this week, a government spokesman said on Friday. Continue Reading
Indonesia’s ’embattled’ exploration and production sector is in ‘dire’ need of additional investment, according to BMI Research. Indonesia’s ‘embattled’ exploration and production sector is in ‘dire’ need of additional investment, Continue Reading
Rasdiono and his daughter at the family’s Blessed Bodega in Jakarta. The sea, once far from his doorstep, now looms over the shop. Josh Haner/The New York Times Dredging along Continue Reading
Australian and Indonesian miners have quietly done in the last two years what OPEC has been shouting about: tighten coal markets and prop up prices. The informal coal output reductions, Continue Reading
Former OPEC member suffers as investment, exploration dry up Volatile prices and onerous bureaucracy deter oil companies Start your day with what’s moving markets in Asia. Sign up here to Continue Reading
Indonesia’s Ministry of Energy and Mineral Resources set its August thermal coal reference price, also known as Harga Batubara Acuan or HBA, at a seven-month high of $83.97/mt, up 44% Continue Reading
Indonesia is open to rejoining OPEC, but only if it can determine its own production levels, the country’s Energy and Mineral Resources Minister Ignasius Jonan told Reuters in an interview. Continue Reading
Only 20% onshore rigs in Indonesia operating vs 60% in 2012 Nation may not see major oil, gas investment: Drilling group Red tape, rising costs and declining crude prices are Continue Reading
Indonesia needs to invest $70 billion to $80 billion in gas infrastructure through 2030 to avoid a potential gas shortage, as domestic consumption growth outpaces supply, state-owned energy business Pertamina Continue Reading
A $400 million loan is aimed at helping Indonesia, until recently a member of OPEC, meet its growing demand for energy, the Asian Development Bank said. A net oil importer, Continue Reading
Indonesia has suspended its membership of the Organization of Petroleum Exporting Countries (OPEC), less than a year after rejoining the cartel, as the net oil importer said it could not Continue Reading
