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BNEF: Net-zero transition potentially a $3.5T investment opportunity for Indonesia

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trillion investment opportunity for Indonesia, according to a new report published at the BNEF Summit Bali by research company BloombergNEF (BNEF) entitled Net-Zero Transition: Opportunities for Indonesia. On the other hand, Indonesia also needs to consider measures to accelerate the growth of renewables within this decade.

Indonesia 195
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Nornickel presents market review of nickel and platinum group metals

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This is primarily due to a significant surplus in the Class 2 market that occurred in 2022 and is expected to remain throughout 2023-2024, mainly owing to growing production of low-grade nickel in Indonesia. At the same time, robust demand for nickel in alloys and special steel sectors supports prices of the exchange-traded Class 1 nickel.

Market 304
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New study finds GHG emissions from palm oil production significantly underestimated; palm oil biofuels could be more climate-damaging than oil sands fuels

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The majority (62%) of the plantations were located on the island of Sumatra, and more than two-thirds (69%) of all industrial plantations were developed for oil palm cultivation, with the remainder mostly being Acacia plantations for paper pulp production. Earlier post.). —Dr.

Oil-Sands 314
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Baker Institute report: China has positioned itself as a gatekeeper to the energy transition; nickel case study

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How Electrifying Transport and Chinese Investment are Playing Out in Indonesia —focuses on nickel as a critical mineral, but has implications for the broader minerals and materials supply chains needed for broad-scale energy transition. The detailed report— Need Nickel? —Baker Institute report Need Nickel?

China 416
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Researchers show oil palm plantation expansion a significant source of CO2; projected to contribute more than all of Canada’s current fossil fuel emissions by 2020

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Oil palm supplies more than 30% of world vegetable oil production. The study, published as an open access paper in the journal Nature Climate Change , shows that deforestation for the development of oil palm plantations in Indonesian Borneo is becoming a globally significant source of carbon dioxide emissions.

Oil 273
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Eni-BP Joint Venture Awarded Coal-Bed Methane Project in Indonesia; Potential for First Integrated CBM to LNG Project

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A consortium led by BP-Eni 50:50 joint venture VICO has signed a production sharing contract (PSC) with the Government of Indonesia for the exploration and development of coalbed methane (CBM) resources on the Sanga-Sanga block in East Kalimantan, Indonesia. interest in the contract.

Indonesia 186
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ExxonMobil brings Kearl oil sands expansion online ahead of schedule; overall capacity doubling to 220K barrels per day

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Exxon Mobil has started production at its Kearl oil sands expansion project in Alberta, Canada ahead of schedule; the expansion is expected to double overall capacity to 220,000 barrels of bitumen a day, with the expansion itself ultimately expected to reach 110,000 barrels per day. billion barrels of resource for more than 40 years.

Oil-Sands 150