Sukanto Tanoto and French partner export electricity to Singapore
01 Jun 2025 08:09
Known as a palm oil tycoon, Sukanto Tanoto expands energy business to Singapore.
Capex set to USD 70 million, MBAP to boost renewable energy business
28 May 2025 09:56
MBAP focuses on developing its renewable energy business, allocating USD 70 million in capex.
Eyeing energy mix target, PGEO readies to operate Lumut Balai Unit 2
27 May 2025 14:01
Align with PLN’s 2025–2034 plan, PGEO to support geothermal energy supply through Lumut Balai plant.
ESDM Ministry re-evaluates plan to shut down coal-fired power plants
27 May 2025 12:19
Gov’t plans to increase electricity capacity to 69.6 GW from a mix of renewables and coal.
ELSA to distribute IDR 285.47 billion in dividends
23 May 2025 10:02
This year’s dividend is 42% higher than for the 2023 fiscal year, with an attractive yield. Buying?
Prabowo Subianto directs Danantara to enter oil and gas sector
21 May 2025 15:08
Prabowo urges private-public cooperation in the oil & gas sector to achieve energy self-sufficiency.
Pertamina Hulu Energi raises USD 1 billion by issuing global bond
19 May 2025 14:00
A total of 142 global investors subscribed to the USD 1 billion bond issued by PHE.
Sembcorp joins TPIA and Glencore in IDR 8.27 trillion energy project
14 May 2025 15:40
Aster Chemicals, a joint venture between TPIA and Glencore, collaborates with Sembcorp Industries.
ENRG discovers 20 million barrels of oil in Bentu Block
14 May 2025 14:19
The discovery could raise ENRG’s oil production share, which currently stands at 18%.
DEWA first-quarter net profit soars 757%
14 May 2025 10:13
Cost efficiency helped drive DEWA's net profit surge in the first quarter of 2025.