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Indonesian Geothermal Energy Company Launches Geothermal Power Plant Project
PT Pertamina Geothermal Energy Tbk (PGEO) recently held a groundbreaking ceremony to officially commence the construction of the Lumut Balai 3 Geothermal Power Plant Project in the Lumut Balai Geothermal Working Area, South Sumatra Province. The plant has a capacity of 55 MW a...
Inauguration Ceremony of the First Council of Indonesia Shandong Chamber of Commerce
On January 11, the Inauguration Ceremony of the First Council of the Indonesia Shandong Chamber of Commerce and the 2025 Annual Meeting were held in Jakarta. The event gathered representatives from government and enterprises, as well as prominent local figures. This grand occa...
China-Indonesia 'Two Countries Twin Parks' Promotes 16 Major Projects
Indonesia and China signed memorandums of understanding for 16 major project investments totaling $2.19 billion (approximately IDR 36.4 trillion) as part of the **"Two Countries Twin Parks" (TCTP)** cooperation mechanism, aimed at deepening industrial collaboration between the...
Specific List of Indonesia's 18 Major Downstream Projects
The CEO of Danantara revealed that the government plans to launch multiple downstream projects in the near future, including bauxite smelters, environmentally friendly aviation kerosene refineries, and downstream processing of coconut products. Previously, the government set a...
Indonesia to Lower Coal Production in 2026
The Minister of Energy and Mineral Resources (ESDM) recently confirmed that coal production in 2026 will be reduced to approximately 600 million tons. In comparison, national coal production in 2025 reached 790 million tons. At a press conference on "2025 ESDM Sector Performan...
Coal Market Sees Partial Recovery in 2026, Entering Structural Adjustment Phase
In early 2026, international coal prices remained weak. According to Refinitiv data, on Monday, January 5, the closing price of coal stood at USD 104.85 per ton, down 0.62% on the day, with a cumulative decline of 1.4% over the past two days, continuing the downward trend. Glo...
Indonesia Becomes Top Overseas Investment Destination for Chinese Enterprises
With the world's largest nickel ore reserves, a young labor force, and continuously improving investment policies, Indonesia has become the preferred destination for Chinese enterprises' overseas industrial and energy investments. Data from the General Administration of Custom...
Indonesian Government to Overhaul Mining and Oil & Gas Sectors
The Minister of Energy and Mineral Resources recently emphasized that strict measures will be taken against holders of problematic mining business licenses (IUP), including companies that have failed to fulfill their obligations to the state. This demonstrates the government's...
Natural Resource Export Foreign Exchange Must Be Deposited in State-Owned Banks for One Year
The Minister of Finance recently confirmed that the revised "Export Earnings Foreign Exchange Regulations" (DHE) will officially take effect on January 1, 2026. This means that natural resource (SDA) exporters must deposit their foreign exchange funds in state-owned bank group...
Indonesia Bans Import of Edible Sugar This Year
The Indonesian government has clarified that starting in 2026, imports of edible sugar will cease, and only raw sugar for industrial purposes will be allowed. This policy has been incorporated into the 2026 Food Commodity Balance Sheet. The Deputy Coordinator for Food Distribu...
Indonesia Plans to Cut Coal and Nickel Production Next Year to Stabilize Prices
Indonesia plans to reduce coal and nickel production in 2026, aiming to balance the supply and demand of these two minerals in the international market and thereby stabilize commodity prices. The Minister of Energy and Mineral Resources explained that current commodity prices ...
Indonesia's Upstream Oil and Gas Sector Regains Global Interest
The Ministry of Energy and Mineral Resources has revealed that, thanks to the government's creation of a more competitive investment environment, multiple international oil and gas companies have regained interest in Indonesia's upstream oil and gas projects, and many that pre...