Indonesia

Indonesia’s coal overproduction has cut state revenues and company profits, while methane emissions from mines far exceed official figures.
OMS Energy is accelerating investments in artificial intelligence and robotics to position itself in the growing pipeline inspection and maintenance sector, a strategic segment with higher margins than traditional equipment manufacturing.

Ormat Technologies increases its quarterly revenue by 17.9%

Ormat Technologies reported a rise in revenue for the third quarter, supported by solid performances in its Product and Storage segments, and revised its 2025 annual guidance upward.
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Current emission trajectories put the planet on course for a 2.3°C to 2.5°C rise, according to the latest UN calculations, just days before the COP30 in Belem.
The joint venture combines 19 assets (14 in Indonesia, 5 in Malaysia), aims for 300 kboe/d initially and >500 kboe/d, and focuses investments on gas to supply Bontang and the Malaysia LNG complex in Bintulu.

GCL signs two 100 MW solar projects with PLN IP in Indonesia

GCL Energy Technology strengthens its presence in Southeast Asia by partnering with PLN Indonesia Power to develop two 100 MW solar plants, both ground-mounted and floating, as part of the government’s Hijaunesia program.
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The Paris Agreement Crediting Mechanism formalizes a landfill-methane methodology, imposes an investment-based additionality test, and governs issuance of traceable units via a central registry, with host-country authorizations and corresponding adjustments required.
Singapore strengthens its energy strategy through public investments in nuclear, regional electricity interconnections and gas infrastructure to secure its long-term supply.

Baker Hughes reports $8.2bn in orders in Q3 despite net income decline

Baker Hughes recorded a 23% increase in orders in Q3 2025, driven by its gas segment, while net income fell 20% year-on-year to $609mn.
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Indonesia Energy Corporation partners with Aquila Energia to develop two pilot projects combining solar and natural gas to power data centres in Brazil, under a non-binding framework supported by both governments.
Eni's net profit rose to €803mn in the third quarter, supported by a 6% increase in production despite falling crude prices.

Anugrah Neo Energy targets $300mn IPO to expand battery-grade nickel output

Indonesian nickel producer Anugrah Neo Energy Materials plans a $300mn IPO in December to finance its growing battery materials operations.
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Soaring electricity demand in Batam, driven by new data centres, leads INNIO and MPower Daya Energia to secure 80 MW and launch a five-year maintenance programme.
A report estimates $2.3 billion in avoidable economic losses by 2040 if Southeast Asia strengthens its electricity infrastructure through smart grids.

Australia loses Asian markets for seaborne thermal coal

Falling Chinese imports and Asia’s regional pivot increase pressure on Australian thermal coal exporters.
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Global demand for biofuels is driving a sharp increase in used oil imports to Europe and the United States, straining global feedstock supply chains, according to the International Energy Agency.
Indonesian authorities identified traces of caesium-137 in 22 facilities near Jakarta following the recall of contaminated shrimp exported to the United States by a local producer.

China opts for quarterly thermal coal contracts with Indonesia for 2026

Chinese buyers begin negotiations for 2026 thermal coal deliveries, favouring shorter contracts to maintain flexibility in a stable price environment.
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The Indonesian government plans to mandate a 10% bioethanol blend in gasoline to reduce fuel imports and support the local ethanol industry.
China set a record for clean technology exports in August, driven by surging sales of electric vehicles and batteries, with more than half of the growth coming from non-OECD markets.
The European Union launches an anti-dumping investigation into biodiesel imports from China, following allegations of a negative impact on domestic production.
Mubadala Energy of the United Arab Emirates announces a significant deepwater gas discovery in Indonesia's South Andaman Block, a major step forward for Southeast Asia's energy security.

Major expansion of the Cirata Floating Solar Project in Indonesia

Masdar and PLN are moving forward with the development of Southeast Asia's largest floating solar park, aiming to triple its capacity to 500 MW, while exploring the possibilities of green hydrogen.
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Scientists from the Global Carbon Project have announced that it is "inevitable" that global warming will exceed the 1.5°C threshold, with a 50% probability within the next seven years, underlining the urgency of taking action.
Indonesia, represented by President Joko Widodo, plans to defend concrete commitments to climate financing and an inclusive energy transition at COP28 in Dubai.

7 countries join the PPCA for a coal-free future

Seven countries, including the USA and the Czech Republic, commit to eliminating coal-fired power generation by 2030, marking a decisive turning point in the fight against climate change.
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Al Gore raises major concerns about UAE greenhouse gas emissions at COP28, denouncing the impact of Adnoc.
Xanana Gusmao's party, the National Congress for the Reconstruction of Timor-Leste (CNRT), has won the legislative elections in East Timor. This result paves the way for Xanana Gusmao to return to power if he can form a coalition.

SMR modules considered for Indonesian fertilizer plant

Four Danish companies have embarked on a major project in Indonesia to build a revolutionary low-emission ammonia production facility. The plant, scheduled to open in 2028, will produce enough ammonia to feed nearly 45 million people.
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Eni has successfully unloaded the first LNG cargo at the new Snam regasification terminal in Piombino. This acquisition of regasification capacity is part of Eni's strategy to diversify LNG supplies in Italy.
Sungrow FPV has announced the supply of floating systems for Indonesia's largest floating solar project to date. This initiative demonstrates the company's efforts to support Indonesia's ambition to reach 23% of its energy mix from renewable sources by 2025.

Indonesia’s solar potential, a solution for its energy transition

Indonesia, which still relies heavily on coal, needs to accelerate its renewable energy growth to meet its ambitious targets. The country is banking on its enormous solar potential to achieve this, but the deployment of solar energy must be accelerated.
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Indonesia approves the first development plan for the Tuna offshore gas field. With an estimated total investment of $3.07 billion until production begins. The project is expected to assert Indonesia's sovereignty in the South Sea, which is subject to numerous tensions with China.
Tangguh, Indonesia's LNG plant is expanding its capacity with the addition of a new Train-3 structure.

Coal consumption: new record

Coal consumption is temporarily increasing in Europe due to exogenous factors, including the energy crisis.
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Indonesia announces the auction of two geothermal working areas (WKPs) by the end of 2022.
Lumut Balai Unit 2, a geothermal power plant in Indonesia, is the subject of an order from Pertamina to Mitsubishi.

ACWA Power and PLN join forces in Indonesia

ACWA Power and Perusahaan Listrik Negara (PLN) announce an expanded partnership on renewable energy and renewable hydrogen.
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Indo Kordsa and TotalEnergies celebrated the launch of the solar system installed on the roof of industrial buildings in Indonesia.
Pertamina International Shipping (PIS) plans to invest up to $3 billion over the next five years in its vessels in Indonesia.