Indonesia

Indonesia Energy Corporation signs a memorandum of understanding with Aguila Energia to identify oil and gas assets in Brazil, marking a first incursion outside its domestic market.
Vanda RE is in talks with potential buyers in Singapore for electricity from a $3 billion solar and storage project in Indonesia’s Riau Islands.

Airbus and Indonesia join forces to produce 100 million tonnes of sustainable aviation fuel

Airbus Singapore and Bogor Agricultural University in Indonesia are developing aviation fuel from biomass, aiming for an annual capacity of 100 million tonnes.
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Washington launches antidumping procedures against three Asian countries. Margins up to 190% identified. Final decisions expected April 2026 with major supply chain impacts.
Taihan strengthens its presence in Singapore with a fifth consecutive contract for a 400 kV underground network, as part of a power interconnection project with Indonesia.

INPEX completes FEED contract awards for Abadi LNG, a key milestone in Indonesia

INPEX has finalised the awarding of all FEED packages for the Abadi LNG project in the Masela block, targeting 9.5 million tonnes of annual production and involving several international consortiums.
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A free trade agreement between Indonesia and the Eurasian Economic Union is set to be signed in December, aiming to reduce tariffs on $3 bn worth of trade and boost bilateral commerce in the coming years.
The regulatory approval granted to PT Thorcon Power Indonesia for its site study on Kelasa Island marks a decisive step toward the development of the country’s first private nuclear project.

First Solar raises annual outlook after new import tariffs

First Solar anticipates higher revenue for the current year, driven by an increase in solar panel prices following the introduction of new import tariffs.
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Sanctions imposed on August 1 accelerate the reconfiguration of Indo-Pacific trade flows, with Vietnam, Bangladesh and Indonesia emerging as principal beneficiaries.
The rise in investments and the boom in binary cycle technologies are placing geothermal energy at the heart of global energy strategies, driven by heat pump demand and Asian ambitions.

OMS Energy Technologies posts 25% revenue growth and strengthens profitability in 2025

OMS Energy Technologies Inc. reports solid financial results for 2025, driven by marked revenue growth, improved gross margin and a reinforced cash position in a shifting market.
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Indonesia Energy plans to drill two new wells on the Kruh block in Indonesia before the end of 2025, following a 60% increase in proven reserves thanks to recent seismic campaigns.
New anti-dumping tariffs and Foreign Entity of Concern (FEOC) restrictions are disrupting the US solar supply chain, while ongoing dependence on China exposes the industry to significant risks, according to Wood Mackenzie.

Indonesia Increases Its Energy Purchases from the United States: A Major Deal with Pertamina

Indonesia has signed a memorandum of understanding with the United States to increase its energy imports. This deal, involving Pertamina, aims to diversify the country's energy supply sources.
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Emerging economies from the BRICS group now account for more than half of global solar electricity production in 2024, driven mainly by China, India, and Brazil, according to a new report by the organisation Ember.
A partnership between Indonesia Battery and Contemporary Amperex Technology aims to launch a lithium-ion battery plant in Indonesia by the end of 2026, with a 6.9 gigawatt-hour capacity and planned expansion.

Global small-scale LNG market to reach $31.78bn by 2030

The small-scale liquefied natural gas market is forecast to grow at an annual rate of 7.5%, reaching an estimated total value of $31.78bn by 2030, driven particularly by maritime and heavy-duty road transport sectors.
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Blue Whale Energy partners with UNIGRID to deploy behind-the-meter storage systems adapted to constrained commercial and industrial urban areas in Southeast Asia.
Indonesia has unveiled its new national energy plan, projecting an increase of 69.5 GW in electricity capacity over ten years, largely funded by independent producers, to address rapidly rising domestic demand.
In 2023, the renewable energy sector generated 2.5 million new jobs, reaching a total of 16.2 million globally, driven by massive capacity growth in China, according to the International Renewable Energy Agency (Irena).
Carbon capture and storage (CCUS) projects are expanding in Asia-Pacific. Several countries are stepping up efforts to create regional hubs despite regulatory complexities and financial challenges.

SEG Solar Builds a 5 GW Integrated Photovoltaic Park in Indonesia

SEG Solar has begun constructing a 5 GW photovoltaic park in Batang, Indonesia. This project aims to strengthen the group’s global supply chain while supporting the local industrialization of solar components.
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The Asian diesel market is benefiting from a one-off rise thanks to Chinese monetary stimulus, but uncertainty persists with weakened fundamentals and a contangoing market structure.
JETP, a G7-backed initiative, promises to finance the energy transition of developing nations. However, financing delays and structural obstacles are holding back the achievement of climate goals in countries such as South Africa, Indonesia, Vietnam and Senegal.

Pertamina and Russian crude: an evolution that redefines the Asian market

Pertamina, the Indonesian oil company, is exploring supplies of Russian crude, raising hopes among refiners in Thailand and Japan. This dynamic could disrupt light crude prices in Southeast Asia, prompting increased vigilance.
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EliTe Solar launches a $150 million project for an 8 GW solar plant in Egypt. The aim is to boost its production capacity and optimize its global supply chain, while supporting Egypt's energy ambitions.
South-East Asia, with countries such as Vietnam and the Philippines, should see its coal imports grow, while Chinese demand stabilizes.

Extended exemption from Russian coal export duties

Russia extends export duty exemption for thermal coal until December. Despite this measure, logistical restrictions and sanctions continue to hold back global demand.
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Oxfam is proposing a new strategic tool to guide energy transition policies in Asia, by promoting better coordination between regulators, financial institutions and local players.
Asia-Pacific is making progress in CCUS, but high costs and regulatory challenges are holding back progress.

Singapore strengthens alliances to secure its renewable energy supply

Singapore is exploring partnerships with Australia and Southeast Asia to diversify its energy sources, in response to growing demand and its decarbonization objectives.
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DDI joins forces with Chinese leaders to structure the photovoltaic value chain in Indonesia, integrating a unique financial model to accelerate local production.
Indonesian authorities approve Eni's development plans for several strategic gas fields, boosting production in the Kutei basin.

Indonesia boosts incentives for oil and gas exploration

Indonesia's new Energy Minister, Bahlil Lahadalia, is focusing on enhanced incentives to attract upstream investment, while aiming to develop the LPG industry to reduce imports.
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Australia approves SunCable, a solar project on an unprecedented scale, designed to power three million homes and export energy to Singapore.
Jordan is counting on an LNG terminal in Aqaba to diversify its energy sources and secure its natural gas supply, with delivery scheduled for 2026.

The challenges of diversifying ENR supply chains

The relocation of copper supply chains out of China could slow down the energy transition and entail significant costs, according to a study by Wood Mackenzie.
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ACWA Power strengthens its presence in Indonesia by signing an agreement for a 60 MW floating solar power project, marking a strategic step forward in the renewable energy sector.
Indonesia plans to lower its renewable capacity targets for 2025, due to insufficient growth and fossil fuel overcapacity, according to a report by Ember.
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