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View all search resultsThe energy minister has taken an "all stick, no carrot" strategy to pressure firms into start pumping oil and gas from stalled projects, threatening hundreds of wells with the prospect of losing their permits.
The Indonesian oil industry has met its crude lifting target set in the 2025 state budget, marking the first time the country managed to do so in almost a decade, while gas output failed to meet the goal.
The energy minister has reinforced a plan to gradually reduce diesel imports over the first two months of 2026 toward a full ban in March, pointing to sufficient domestic supply and a potential for combining increased local output with hiking the national biodiesel program to 50 percent.
A proposal to make the coalition supporting President Prabowo Subianto’s administration permanent has backfired on Golkar Party, with coalition members calling it inappropriate while thousands of people are still displaced after deadly floods wreaked havoc on Sumatra.
Oil lifting has surpassed the target started in the state budget for the first time since 2008, Energy Minister Bahlil Lahadalia announced, citing rising production and new measures to legalize tens of thousands of community-run oil wells.
The government is getting in gear to launch its B50 biofuel program as part of the wider energy and food agenda, reducing exports and potentially putting the country on a footing to dictate the global CPO market.
Analysis of recent and historic mining in the region showed a "domino effect of destruction," ranging from deforestation on land to sediment run-off smothering coral reefs, the report by NGOs Auriga Nusantara and Earth Insight said.
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