Asian LNG prices fall prompting opportunistic buying from imports, Rystad says
The Asian liquefied natural gas (LNG) prices fell this week, driven by softer downstream demand. The fall is expected to prompt buying opportunities for some Asian importers, analysts say.
President Prabowo sets target to stop fuel imports in five years
(TheIndoDaily.com) – President Prabowo Subianto has set an ambitious target to stop importing fuel within five years and instead, rely on domestic fuel resources. “ 100 percent energy self-sufficiency is…
Agung Sedayu group linked with bamboo fences offshore north Jakarta
(TheIndoDaily.com) – Giant property developer Agung Sedayu Group is suspected to be linked with the construction of the bamboo fence, which stretches 1.5 km offshore north Jakarta coast. President Prabowo…
Parliament agrees to amend Mineral and Coal Law
(TheIndoDaily.com) – The House of Representatives (DPR) on Thursday (23/01) agree to amend Law Number 4 2009 on Mineral and Coal Mining. The House Plenary Session, headed by Deputy Head…
President Prabowo underlines efficient, savings-oriented State Budget
(TheIndoDaily.com) – President Prabowo Subianto has highlighted the importance of efficiency and savings in formulating budget criteria and ordered the cut on non-essential items. “I’d like to emphasize the criteria…
Indonesia officially enters global carbon trading
(TheIndoDaily.com) – Indonesia marks an important milestone on Jan. 20, 2025, with the official commencement of carbon trading, which is operated by IDXCarbon, a unit of the Indonesian Stock Exchange.…
NuEnergy finalizes GSPA of Tanjung Enim’s gas sales
(TheIndoDaily.com) – Oil and gas company NuEnergy announced on Wednesday that the company and Indonesia’s gas distribution firm PT Perusahaan Gas Negara Tbk (IDX:PGAS) had finalized the terms of the…
Asia welcomes resumption of US LNG exports
(TheIndoDaily.com) – The decision of the newly installed US President Donald Trump to resume US LNG exports has been welcomed by the global market players, particularly in Asia. President Trump’s…
Jeju Air crashes after overrunning at Muan International Airport
(TheIndoDaily.com) – Jeju Air 737-800, a South Korean airline, has crashed at Muan International Airport, South Korea, just after 9 AM local time Sunday ( 7 PM, ET Saturday). The…
Donald Trump – Fossil Energy and Geostrategic Battles
Donald Trump’s energy policies demonstrate that fossil energy still plays a vital role in global geopolitical strategies. The U.S. exploits its fossil energy advantage to challenge China’s dominance in clean…