Indonesia has introduced a new palm oil export regulation that will centralise overseas shipments through designated state-owned enterprises from January 2027, while providing a six-month transition period for private businesses to adapt to the new framework.
Saudi Arabia and Indonesia reaffirmed tourism cooperation during a meeting in Toledo, Spain, focusing on boosting visitor flows, enhancing Hajj and Umrah experiences, and expanding leisure travel under their existing tourism partnership agreement.
Eni and Petronas have established Searah, a 50/50 joint venture combining key businesses in Indonesia and Malaysia, finalised seven months after their investment agreement and 16 months after signing a memorandum of understanding.
Indonesia plans to develop 100 GW of solar power capacity through a project valued at an estimated $71.3 billion, according to a report by the Indonesian News Agency (ANTARA).
Eni signed three long-term LNG agreements in Indonesia covering South Hub and North Hub projects in the Kutei Basin, securing about 2 MTPA supply via Bontang LNG facilities.
bp and partners signed three Indonesian Production Sharing Contracts, increasing bp’s block participation to 11. Two blocks near Tangguh LNG in Papua Barat offer exploration potential, while bp joined INPEX-operated Barong block in East Java.
Indonesian President urged ASEAN nations to expand renewable energy projects and strengthen regional energy resilience, highlighting Southeast Asia’s vast solar, wind and hydropower potential alongside Indonesia’s plans to build 100 GW of solar capacity.
Indonesia will stop importing diesel fuel starting July 1, 2026, in line with the implementation of B50, a biofuel blend consisting of 50 per cent diesel and 50 per cent crude palm oil (CPO).
Eni has announced a major gas discovery at the Geliga-1 well in Indonesia’s offshore Ganal block, with estimated resources of about 5 Tcf of gas and 300 million barrels of condensate.
Subsidised fuel prices in Indonesia will remain unchanged through the end of 2026, Energy and Mineral Resources Minister Bahlil Lahadalia said.
