Spanish oil and gas company Repsol (BME:REP) is waiting for the issuance of an Indonesian presidential regulation and the derivative regulations to progress its proposed carbon capture and storage (CCS) project in Sakakemang block, onshore South Sumatra, in Indonesia.
Will 2023 see the majors, including ExxonMobil, Chevron, Shell, BP, ConocoPhillips, TotalEnergies, and Eni, divest upstream oil and gas assets in Southeast Asia?
One worker was killed in a work-related accident at the Rokan Block in Indonesia, operated by national oil company Pertamina. A subsidiary of the NOC, Pertamina Hulu Rokan (PHR), is aggressively trying to boost output at Indonesiaโs second-largest oil producing block after taking over from previous operator Chevron in August 2021.
Indonesia has approved a revised plan of development for Eniโs (MIL:ENI) Merakes and Merakes East gas fields with a total investment of $3.35 billion.
Inpex, Japan's biggest oil and natural gas explorer, plans to accelerate its expansion of production and sales of liquefied natural gas (LNG) as it expects the LNG market will remain tight in the mid-term.
Indonesiaโs state-backed energy company Pertamina aims to work with Japanโs Mitsui to undertake a joint study for carbon capture utilisation and storage (CCUS) technology at the firmโs upstream assets in central Sumatra.
Indonesia, home to the worldโs largest geothermal energy potential, is opening tenders seeking investors to develop this giant resource, as it aims to expand the use of renewable energy to meet its net zero goals.
Indonesiaโs state-backed energy company Pertamina has started official negotiations with Shell (LON:SHEL) to acquire the Anglo-Dutch supermajorโs 35% share of the undeveloped Abadi LNG project in the Masela Block offshore Indonesia.
Indonesia plans to launch initial public offerings (IPOs) for the upstream and geothermal units of state-backed energy company Pertamina next year to fund expansion, a senior government official told parliament on Wednesday.
Russiaโs Zarubezhneft is interested to bid for the giant East Natuna gas Block offshore Indonesia, according to upstream regulator SKK Migas, when the area is auctioned next year.
The government of Indonesia is reviewing plans to again auction the giant East Natuna Block offshore Indonesia as carbon capture and storage (CCS) technology opens up the development potential of the carbon dioxide (CO2) intense field, according to Minister of Energy and Mineral Resources (ESDM) Arifin Tasrif.
Indonesiaโs Pertamina has reportedly successfully decommissioned the Southeast Asian countryโs first offshore oil and gas platform in partnership with South Korean companies, according to upstream regulator SKK Migas.
Japanese trading house Mitsui is seeking carbon storage sites across Asia Pacific as it aims to sequester 15 million tonnes per year by 2035 for companies in Japan.
Malaysiaโs Petronas is the latest company tipped to be interested in acquiring a stake in the proposed Abadi liquefied natural gas (LNG) project in the Masela Block offshore Indonesia that is led by Japanโs Inpex (TYO:1605)
Aramco and Indonesiaโs Pertamina have announced they are exploring collaboration across the hydrogen and ammonia value chain in Southeast Asia's largest economy.
ExxonMobil and Pertamina, the state-owned energy company for Indonesia, have signed a heads of agreement at the G20 Summit in Bali to further progress their previously announced regional carbon capture and storage (CCS) hub for domestic and international carbon dioxide (CO2).
Three of East Asiaโs leading energy and infrastructure groups have signed a new agreement to explore the development of green hydrogen and ammonia projects in Indonesia.
Indonesia is setting a three-year deadline for all state-owned companies to use only electric vehicles as part of its goal of reaching net zero emissions by 2060.
Studies suggest that many people in Asia see diversity, equality, and inclusion (DEI), as a Western concept, shaped by Western experiences and Western values, according to PwC.
Malaysia and Indonesia were the first countries in Southeast Asia to announce that carbon capture and storage (CCS) would play a role in decarbonising their industrial sectors. BP (LON:BP) in Indonesia, and Petronas in Malaysia, announced landmark projects in the oil and gas industry. However, while Indonesia has started having the right conversations around CCS, neighbouring Malaysia, and possibly even Thailand, appear to be making more progress within the region.
Indonesiaโs Medco Energi (IDX:MEDC) is open to the possibility of joining the Indonesian government consortium that is considering acquiring Shell's (LON:SHEL) 35% share in the Abadi liquefied natural gas (LNG) project in the Masela Block offshore Indonesia that is led by Japanโs Inpex (TYO:1605).
Indonesiaโs national oil company Pertamina has signed an agreement on a joint rig-to-reef pilot project with South Koreaโs KHAN covering the Attaka offshore blocks in East Kalimantan, Indonesia.
Indonesia may form a consortium to buy Shellโs (LON:SHEL) 35% equity in the proposed Abadi liquefied natural gas (LNG) project in the Masela Block offshore Indonesia that is led by Japanโs Inpex (TYO:1605), the countryโs investment minister said Thursday.
Indonesia is bracing for protests this week after the government raised fuel prices by more than 30% to curb soaring subsidies, as higher costs hit households and small businesses across the archipelago.