Gaining Momentum to Advance Sustainable Energy Security in Indonesia and the Region
Convex News
Save Giant Oil and Gas Potential, Government Forms Special Exploration Team for Western Indonesia
TANGERANG – The recent discovery of gas resources in Western Indonesia, namely South Andaman, has raised hopes that the oil and gas potential in the region is still prospective. This condition has made policy makers and investors pay serious attention to the western part of Indonesia. Nanang Abdul Manaf, Advisor to the Head of the...
CCS Implementation Crucial to Realize Carbon Business in Upstream Oil and Gas Industry
TANGERANG – The upstream oil and gas industry is one of the most potential industries to implement carbon trading business. Its implementation depends on the business players being able to apply Carbon Capture Storage (CCS) technology. With the financial and technological capabilities of the upstream oil and gas industry, the implementation of carbon trading is...
Keeping the Momentum, Government Encouraged to Continue Accelerating Oil and Gas Field Development
TANGERANG, May 15, 2024 – The development of potential oil and gas reserves in Indonesia needs acceleration. The government plays a key role in this acceleration through various policies as well as fiscal and non-fiscal support. Roberto Daniele, Managing Director of ENI Indonesia, explained that there has been a lot of time wasted between the...
Cooperation between countries to build standardization and business model for CCS industry
TANGERANG, May 15, 2024 – Indonesia is a strong candidate as a center of Carbon Capture Storage (CCS) development in the Asian region because it is recognized as having a large amount of CO2 storage capacity. However, to realize this, the government needs to collaborate with other countries that have experience in the carbon capture...
Accelerating Upstream Oil and Gas Investment: Continuing Policy Improvement and Acceleration
JAKARTA, May 13, 2024 – The upstream oil and gas industry is faced with challenges that are not easy besides having to meet increasing energy needs, business actors are also requested to reduce carbon emissions generated from production operations. Nicke Widyawati, President Director of PT Pertamina (Persero), explained that as a state-owned company, Pertamina is...