Pertamina

Aim to become world-class geothermal electricity producer: Pertamina

Retrieved on: 
Thursday, November 10, 2022
Energi, COP27, Electricity, Research, Geothermal energy, State, Carbon, Method, Technology, PGE, Renewable energy, Pertamina

JAKARTA, Nov 10, 2022 - (ACN Newswire) - State-owned energy company PT Pertamina is seeking to become a world-class player in green electricity generation based on geothermal energy by pursuing a number of technological innovations to increase geothermal utilization.

Key Points: 
  • JAKARTA, Nov 10, 2022 - (ACN Newswire) - State-owned energy company PT Pertamina is seeking to become a world-class player in green electricity generation based on geothermal energy by pursuing a number of technological innovations to increase geothermal utilization.
  • PT Pertamina Geothermal Energi (PGE) develops geothermal energy in Ulubelu Area in Tanggamus, Lampung.
  • Therefore, Pertamina sees a great opportunity to further increase the capacity of geothermal utilization in the country to generate green electricity, he added.
  • Moreover, Pertamina will increase its geothermal capacity, which was recorded at 672 megawatts (MW) in 2020, to 1,128 MW by 2026.

Pertamina increases geothermal capacity for its emission reductions

Retrieved on: 
Wednesday, November 9, 2022
Clean, Carbon, Microbial contamination of diesel fuel, ESG, National Electricity Market, Rehabilitation, CO2, Land, PGE, Sustainable Development Goals, Achievement, The, Climate, Geothermal energy, Climate change, Renewable energy, Environment, Pertamina, Social

Yuniarto further explained that Pertamina is targeting the achievement of net zero emissions by 2060 with the support of various decarbonization measures and green businesses, including the development of its geothermal capacity.

Key Points: 
  • Yuniarto further explained that Pertamina is targeting the achievement of net zero emissions by 2060 with the support of various decarbonization measures and green businesses, including the development of its geothermal capacity.
  • That amount of geothermal capacity represents 82 percent of the total installed geothermal capacity in Indonesia.
  • "Pertamina Geothermal Energy is committed, in the next five years, to increase the installed (geothermal) capacity of 600 megawatts," he stated.
  • Apart from encouraging emission reductions through additional installed geothermal capacity, PGE also supports the rehabilitation of 588 hectares of forest areas.

Pertamina develops green business to support emission reduction

Retrieved on: 
Tuesday, November 8, 2022
Biofuel, State, Carbon, COP27, Palm oil, NRE, Hydrogen, Renewable energy, LPG, Growth, EBT, Pertamina

JAKARTA, Nov 9, 2022 - (ACN Newswire) - State-owned energy company PT Pertamina develops a number of green business initiatives to support Indonesia's goal to achieve net zero emission by 2060.

Key Points: 
  • JAKARTA, Nov 9, 2022 - (ACN Newswire) - State-owned energy company PT Pertamina develops a number of green business initiatives to support Indonesia's goal to achieve net zero emission by 2060.
  • Therefore, our business strategy consists of two pillars, namely decarbonizing our core business and developing a green business," CEO of Pertamina Power Indonesia Dannif Danusaputro stated at the Indonesia Pavilion at COP27 in Sharm El Sheikh, Egypt, on Sunday (November 6).
  • Considering a large investment required for the development of green business and clean technology to support the energy transition, Pertamina cooperates with national and global partners to explore partnerships in decarbonization programs, green businesses as well as accelerate the growth of EBT to achieve net zero emissions.
  • Through several processes at the green refinery, Pertamina produces high-quality and more environmentally friendly fuel derived from palm oil including biodiesel, green diesel, green avtur and green gasoline.

Pertamina, Keppel Infrastructure, and Chevron Sign Agreement to Explore Development of Green Hydrogen and Ammonia Projects in Indonesia

Retrieved on: 
Friday, November 11, 2022
Environment, Climate Change, Environmental Policy, Environmental Issues, Other Energy, Environmental Health, Oil, Gas, Alternative Energy, Green Technology, Energy, Zero, Carbon, Ah Long Pte Ltd, Natural gas, Weather, B20, Keppel Corporation, CVX, Solution, Ministry of Maritime Affairs, Transport and Infrastructure, KI, Industry, Chevron Corporation, Marketing, NYSE, Organization, Environment, Board, Multimedia, NEWater, News, U.S. Securities and Exchange Commission, Petroleum, Government, Ammonia, JSA, CEO, Tax, COVID-19, Phrase, ESG, Accident, Epidemic, Legislation, Coronavirus, Curtailment (electricity), Business, International Energy Agency, Investment, Lubricant, Pandemic, Waste management, Annual report, Failure, Geothermal energy, G20, Keppel, Management, Renewable energy, Pertamina, Hydrogen

Ltd. (Chevron New Energies), have signed a Joint Study Agreement (JSA) to explore the development of selected green hydrogen and green ammonia projects using renewable energy located primarily in Sumatera, Indonesia.

Key Points: 
  • Ltd. (Chevron New Energies), have signed a Joint Study Agreement (JSA) to explore the development of selected green hydrogen and green ammonia projects using renewable energy located primarily in Sumatera, Indonesia.
  • Ltd., Andrew S. Mingst; CEO of Pertamina NRE, Dannif Danusaputro; Director of Keppel New Energy Pte., Ltd., Chua Yong Hwee.
  • Dannif Danusaputro, CEO of Pertamina NRE, said, The development of green hydrogen and green ammonia holds a significant role in Indonesias Net Zero Emissions roadmap.
  • And with its potential, we believe that Indonesia will also play a key role in green hydrogen production in Asia.

Green business to reduce 26 million tons of CO2 by 2060: Pertamina

Retrieved on: 
Monday, November 7, 2022
CO2, Renewable energy, Sustainable Development Goals, Temperature, B30, Environment, Politics, Conference, 2010 United Nations Climate Change Conference, Sitti Nurbaya, Sustainable Development Goal 13, Forestry, Decision-making, Biofuel, Kilowatt-hour, Pavilion, Speech, COP27, Organic acid, Primary energy, Climate change, Carbon, NRE, A20, HVO, Public relations, Pertamina

JAKARTA, Nov 7, 2022 - (ACN Newswire) - Pertamina is expecting its green business of new and renewable energy (NRE) to be able to meet its target of reducing 26 million tons of CO2 by 2060, higher than its 2030 target of 11 million tons of CO2 reduction.

Key Points: 
  • JAKARTA, Nov 7, 2022 - (ACN Newswire) - Pertamina is expecting its green business of new and renewable energy (NRE) to be able to meet its target of reducing 26 million tons of CO2 by 2060, higher than its 2030 target of 11 million tons of CO2 reduction.
  • We are also targeting to be able to produce up to 600,000 bpd of B30 and A20 by 2060," Widyawati noted.
  • In recent decades, governments have shared climate change responsibilities with academia, business, civil society organizations and others.
  • "Sometimes this becomes a paradox, a form of discrepancy in social relevance, so that policies are less effective into action.

Pertamina supports Indonesia's goal to reach net zero emissions by 2060

Retrieved on: 
Monday, November 7, 2022
Carbon, Zero, Hydrogen, Conference, 2019 UN Climate Action Summit, EV, GHG, NZE, Biofuel, COP27, State, NDC, Renewable energy, Pertamina

JAKARTA, Nov 7, 2022 - (ACN Newswire) - State-owned energy company PT Pertamina (Persero) supports Indonesia's aspiration to reach net zero emissions by 2060.

Key Points: 
  • JAKARTA, Nov 7, 2022 - (ACN Newswire) - State-owned energy company PT Pertamina (Persero) supports Indonesia's aspiration to reach net zero emissions by 2060.
  • In 2021, Pertamina have succeeded in reducing GHG emissions by 7.4 million metric tons of carbon dioxide equivalents or 29.09 percent compared to the 2010 baseline.
  • Pertamina is committed to supporting the Indonesian government's commitment to achieving net zero by 2060 or sooner.
  • As an energy company, Pertamina has a big responsibility to be a pillar of achieving net zero emissions in Indonesia, on the principles of affordability and fairness," she concluded.

Pertamina saves US$402.46 million amid rising global oil prices

Retrieved on: 
Friday, September 2, 2022
Time, HVO, State, Policy, US, Efficiency, Carbon, Renewable energy, Fossil fuel, Oil, Dam, Pertamina

JAKARTA, Sept 3, 2022 - (ACN Newswire) - State-owned oil and gas company PT Pertamina succeeded in saving operational costs of around Rp6 trillion (US$402.46 million) until July 2022 through several efficiency programs amid rising world oil prices that increased fuel production costs.

Key Points: 
  • JAKARTA, Sept 3, 2022 - (ACN Newswire) - State-owned oil and gas company PT Pertamina succeeded in saving operational costs of around Rp6 trillion (US$402.46 million) until July 2022 through several efficiency programs amid rising world oil prices that increased fuel production costs.
  • The global trade mobility leading to post-pandemic recovery was jolted by limited supply that led to an energy crisis.
  • The global trade mobility leading to post-pandemic recovery was jolted by limited supply that led to an energy crisis.
  • Fortunately, investment in upgrading the Pertamina Oil Refinery, which had been conducted in the last four years, had succeeded in increasing the flexibility of crude oil availability.

Pertamina's rank in Fortune's Global 500 jumps 64 spots

Retrieved on: 
Thursday, August 11, 2022
Face, Fortune, Female, Medium, Achievement, Optimism, Repsol, ESG, State-owned enterprise, 287th Sustainment Brigade, Idemitsu Kosan, 223rd, 105th and Euclid, Chief executive officer, Oil refinery, Commercial, Development, SOE, Fortune Global 500, Biophysical environment, Petroleum, Renewable energy, Animal, Coal, Film, Pertamina

In 2022, the Fortune Global 500 list places 30 world oil and gas companies in the Petroleum Refining category.

Key Points: 
  • In 2022, the Fortune Global 500 list places 30 world oil and gas companies in the Petroleum Refining category.
  • State-Owned Enterprises (SOE) Minister Erick Thohir lauded Pertamina's success in re-entering the Fortune Global 500 list, with a significant improvement in ranking.
  • Thohir said that Pertamina's ranking is testament to the fact that Indonesia's SOEs can compete with global companies.
  • According to Widyawati, Pertamina's performance has helped it climb the rankings in the Fortune Global 500 list in 2022.

Energy transition collaboration to tackle global warming: Pertamina

Retrieved on: 
Friday, July 15, 2022
Climate change, Business, PGE, Lists of countries and territories, B20, Carbon, Income, Technology, Climate, Civil Engagement group, Industry, NDC, ESG, Renewable energy, G20, Pertamina

JAKARTA, July 15, 2022 - (ACN Newswire) - Indonesia's oil and gas state-owned enterprise PT Pertamina has encouraged collaboration between countries for energy transition in order to tackle global warming.

Key Points: 
  • JAKARTA, July 15, 2022 - (ACN Newswire) - Indonesia's oil and gas state-owned enterprise PT Pertamina has encouraged collaboration between countries for energy transition in order to tackle global warming.
  • Pertamina President Director Nicke Widyawati noted that energy transition is the key to preventing catastrophic impacts of global warming and climate change, but energy transition efforts should not interfere with the unfinished development agenda in some developing countries.
  • She remarked that Pertamina -- as an energy SOE -- has allocated a capital expenditure (Capex) of 14 percent of its total investment funds to support the implementation of energy transition in Indonesia.
  • Pertamina will accelerate its energy transition efforts towards sustainable energy use as well as ensure a fair and affordable transition and improve energy security, she remarked.

Strong ESG implementation gets Pertamina international recognition

Retrieved on: 
Wednesday, July 13, 2022
Movement, State, The Business Council, Paris, WBA, PricewaterhouseCoopers, Map, Yunus Social Business – Global Initiatives, JPMorgan Chase, Risk, Sustainalytics, SBA, Sustainable development, Repsol, ESG, Martini, Biodiversity, GCG, Commerce, ENI, Indonesian Chamber of Commerce and Industry, Carbon, Renewable energy, Lithium, Pertamina, Industry

JAKARTA, July 13, 2022 - (ACN Newswire) - State-owned oil and natural gas corporation PT Pertamina has gained recognition from several international institutions over its strong implementation of the environmental, social, and governance (ESG) approach this year.

Key Points: 
  • JAKARTA, July 13, 2022 - (ACN Newswire) - State-owned oil and natural gas corporation PT Pertamina has gained recognition from several international institutions over its strong implementation of the environmental, social, and governance (ESG) approach this year.
  • Strong implementation of environmental, social, and governance (ESG) approach by Indonesian state-owned oil and natural gas corporation PT Pertamina this year gained recognition from a number of international institutions.
  • (ANTARA/HO-PT Pertamina)
    Pertamina's ESG implementation, which is getting stronger, has attracted international interest, as seen from the acknowledgment from a number of institutions and international awards, the company stated in a release received here on Tuesday.
  • "We also encourage all Pertamina sub-holdings and affiliates to improve the implementation of ESG aspects, so that the company's operational and business programs can further implement some applicable rules according to ESG best practices," Martini said.