Delivering Growth With Energy Resilience in Lower Carbon Environment
Convex News
Maintaining the Momentum of the Trend of Improving the Investment Climate, Legal Certainty is Absolutely Necessary
Optimism for the future of upstream oil and gas industry is increasing along with the continuous improvement in investment realization from year to year. Most recently, in the first semester of 2023 the Special Task Force for Upstream Oil and Gas Business Activities (SKK Migas) recorded an investment of US$ 5.7 billion. This increased significantly...
Achieving Resilience in the Energy Transition to Safeguard Indonesia’s Economic Growth & Sustainable Development
IPA & Wood Mackenzie White Paper Executive Summary Fossil fuels consumption has played a fundamental role in fuelling human development and driving economic growth but has elevated the atmospheric concentration of greenhouse gases (GHGs) beyond historical peaks, resulting in anthropogenic climate change. To address this existential threat, international organizations, governments, and civil societies have...
Implementation of CCS and CCUS Consolidates Crucial Position of Oil and Gas in the Energy Transition Era
JAKARTA – In the midst of increasing energy demand, the upstream oil and gas industry as the main support in fulfilling this need is actually facing quite big challenges, namely the energy transition and global efforts to reduce carbon emissions. Nicke Widyawati, President Director of PT Pertamina (Persero), explained Indonesia’s current position as an energy...
Offering Phase II Work Area, Ministry of Energy and Mineral Resources Seeks to Develop the Upstream Oil and Gas Sector Through Policy
The Ministry of Energy and Mineral Resources (ESDM) announced Phase II of the 2023 Oil and Gas Working Area (WK) Offer which was held to coincide with the opening of the 2023 IPA Convention and Exhibition (Convex) themed Enabling Oil & Gas Investment and Energy Transition for Energy Security at ICE BSD, Tangerang, Tuesday (25/7/2023)....
Oil and Gas Has the Ability to Oversee the Energy Transition
All stakeholders agree that oil and natural gas cannot simply be replaced by New Renewable Energy (EBT) and instead become an important element in the energy transition process. Demands for environmental sustainability in upstream oil and gas operations are becoming greater and must be met by all business actors. The problem is how to balance...
CEO Mubadala Energy, Mansoor Al Hamed : Energy Transition and Energy Resilience Must Balance
Oil and natural gas are still the main choice in maintaining national energy security, especially during the energy transition era. Mansoor Mohammed Al Hamed, CEO of Mubadala Energy, said that the demand for gas is currently increasing in the world and this is in line with the energy transition. That is why Mubadala Energy...
OPENING CEREMONY 47TH IPA CONVEX 2023: CCS/CCUS, Oil and Gas Industry Solutions to Face the Energy Transition Era
JAKARTA – The Indonesian Petroleum Association (IPA) is holding the 47th IPA Convention and Exhibition at ICE, BSD City on 25-27 July 2023, themed “Enabling Oil & Gas Investment and Energy Transition for Energy Security”. This grand event is attended by stakeholders in the oil and gas industry and was officially opened by the Minister...