TheJakartaPost
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President Prabowo Subianto has officially launched the initial production of the Forel and Terubuk oil and gas fields located in the South Natuna Sea Block B, Riau Islands Province. The block is operated by Medco E&P Natuna Ltd., a subsidiary of PT Medco Energi Internasional. This milestone aligns with the government’s drive toward energy self-sufficiency and is further bolstered by signs of renewed interest from global energy giants Chevron Corporation and TotalEnergies, both of whom had previously exited Indonesia due to shifting oil and gas regulations.
The Indonesian stock market experienced a modest but meaningful recovery this week, buoyed by an announcement from United States President Donald Trump that the implementation of his import tariffs would be delayed for the next 90 days for most countries, excluding China, Mexico and Canada. This pause offered global markets a reprieve from an escalation in trade tensions, and Indonesia was no exception.
CERAWeek conference is set to be dominated by talk of Trump's tariffs, sanctions and aggressive drive to end the war in Ukraine, which have together created turmoil in financial markets and clouded the outlook for the global economy and energy prices.
Kezia Fellcia Kurniawan, an 11th-grade student at Jakarta Intercultural School, has taken significant steps in addressing energy and environmental challenges in Indonesia through her participation in biogasoline research. This innovative study has gained attention as a means to reduce carbon emissions and promote renewable energy, showcasing the significant contributions young researchers can make in driving positive environmental change.
