Indonesia is gearing up to move away from a predominantly coal-based economy to one focused on natural gas and renewable energy sources to achieve its pledge of net zero emissions by 2060.
Indonesia’s oil and gas sector must undergo a major overhaul in the way it operates if it is to realise the full potential of the country’s natural resources and support a successful energy transition, according to a new white paper by Wood Mackenzie.
JAKARTA, April 17 (Reuters) – Indonesia’s oil and gas lifting between January and March rose from the same period a year earlier but came in below targets set in the state budget due to unplanned shutdowns, upstream regulator SKK Migas told media on Monday.
TEMPO.CO, Jakarta – The Minister of Energy and Mineral Resources Arifin Tasrif said that Indonesia’s oil reserve is expected to only last between 9 to 10 years.
Indonesia’s oil and gas lifting in the first half was below expectations due to disruption in some facilities and delayed projects, putting it on course to miss full-year 2022 targets, officials at upstream regulator SKK Migas said on Friday.