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View all search resultsThe administration of President Prabowo Subianto has issued Presidential Regulation (Perpres) No. 26/2026, which expands the role of public service agencies (BLU) in energy imports, blurring the traditional boundaries between government agencies, state-owned enterprises (SOEs) and private sector players. While the new regulation appears intended to strengthen Indonesia’s energy security amid growing global uncertainties, it could create overlapping responsibilities, increase operational risks and expose the country to greater geopolitical pressures.
Replacing officials to save a falling rupiah is empty political theater; Indonesia’s true economic safety depends on fixing deep-seated structural issues like oil deficits, agricultural productivity and policy execution.
As geopolitical tensions expose Indonesia’s dependence on imported fuel, the government is accelerating its B50 biodiesel mandate to strengthen energy security. Yet the policy raises questions about feedstock availability, infrastructure readiness, fiscal costs and its potential impact on the palm oil industry, one of the country’s largest sources of export earnings.
President Prabowo Subianto kicked off his state visit to France on Tuesday, seeking to elevate Indonesia-France relations as well as intensify cooperation in defense and renewable energy amid a volatile global landscape.
The foreign ministers of Australia, India, Japan and the US have agreed to jointly build a port in Fiji and signed pacts covering critical minerals and energy security, as they sought to inject fresh energy into their grouping known as the Quad.
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