Bahlil opens possibility of lower nonsubsidized fuel prices in August
The government is weighing the impact of lower global oil prices, while subsidized fuel prices are expected to stay unchanged through year-end.
The government is weighing the impact of lower global oil prices, while subsidized fuel prices are expected to stay unchanged through year-end.
The government must now draft implementing rules to keep permit priorities in place through a more transparent, accountable process.
The government is preparing a 1-2 year domestic ethanol industry buildup so gasoline blending can cut imports without relying on foreign supply.
He ordered permits revoked if the energy project remains idle for 6 months to 2 years, then Masela broke ground July 16.
The roughly Rp3,600-per-liter gap will be covered by BPDP, not the state budget, under a 400,000-ton quota for six months.
He urged local congresses down to the village level and tied party consolidation to support for the Prabowo government.
Diesel demand for the program is projected to rise to 16.7-18 million kL, lifting foreign-exchange savings to about Rp 170 trillion.
The government targets foreign-exchange savings of up to Rp157,28 trillion in 2026 after the 50% biodiesel blend takes effect.
The remarks came at the launch of B50 biodiesel, where the President claimed food self-sufficiency had been reached in a year.
Prabowo assigned Danantara to carry out cross-border power trade after meeting with Singapore's prime minister.
The price remains undecided even after the two countries signed 26 strategic cooperation agreements this week.
The government is holding back some exports to keep domestic supply adequate while it monitors PLN’s coal procurement.
The government is testing 200-250 bar cylinders in Indonesia and China to curb LPG imports, which still total 7.47 million MT a year.
The price increase has raised layoff fears at a Bekasi ceramic plant, with possible spillover to about 55,000 workers if energy costs stay high.
The government is preparing exploration tenders for about 120 prospective wells and plans to reactivate thousands of idle wells.
The government is weighing mine costs and PLN supply needs, but the Minerba director general says no price change has been discussed yet.
Rolling blackouts last week have been minimized since Sunday night after the unit resynchronized at 18.00 WIB.
By 2025, the new electricity connection aid had reached 220,845 households, including 19,161 in Jawa Tengah.
The government formed a procurement team after PLN secured only 134 million tons against 154 million tons in annual demand.
About 82% of the budget will fund energy priorities, including household gas networks, village electricity, and gas pipelines.
Next up: Rosan is asked to present data on global investment interest in Indonesia on June 15 at Istana Merdeka.
Next: Rosan is asked to open data on the U.S., Europe and Asia trip at Istana Merdeka on 15 June.
Series: Prabowo Subianto · Investment Briefing · 2 chapters since Jun 14The government kept subsidized fuel prices unchanged and is preparing a policy scheme to protect purchasing power.
Series: Pertamina · Pertamax Price Hike · 4 chapters since Jun 10ESDM dismissed coal-crisis speculation, saying assigned fuel supply for power plants remains at 170 million tons.
The government pointed to generator trouble, while PLN said at least 14 areas in Jawa Barat were affected.
The adjustment applies only to non-subsidized fuel, while the government is holding prices to protect vulnerable households' purchasing power.
The government will keep subsidized fuel and LPG prices unchanged while preparing alternative energy options and reorganizing mining permits.
Prabowo calls HIPMI an important forum for young business owners, while stressing that national progress depends on nationalism.
The energy reserve target rises to at least 30 days as DEN reviews private funding options for the buffer-stock plan.
The increase will be tied to a revised RKAB and used only if global prices are seen as favorable.
The plan, tied to Perpres 26/2026, opens a channel for crude, fuel and LPG purchases through government-to-government deals.
New: 301 UI professors have filed an amicus curiae with the Supreme Court, saying the ruling threatens academic autonomy.