Max Zhang’s Post

🌏 Simon's Day 1 & Day 2 reflections from IPA Convex After two dynamic days at the Indonesian Petroleum Association Convex, Simon felt compelled to share some key insights from this bustling and vibrant event, a cornerstone for the Indonesian energy sector. Indonesia is adopting a pragmatic approach to the energy transition, with policies meticulously crafted to sustain hydrocarbon production while paving the way for innovative technologies like CCUS. Here are some pivotal observations from discussions with industry leaders: 👍Transitioning Energy Sources: The shift from coal to gas in electricity generation isn't just preferred; it's imperative for reducing emissions. 👍Exploration and Development: New hydrocarbon explorations are essential. The latest developments are marked by significantly lower emissions, offering an opportunity to replace older, higher-emission sources. 👍Balancing Act: The trade-off between energy affordability and sustainability is a global challenge. With 775 million people without electricity and 2.4 billion lacking access to clean cooking fuels, the stakes are high. 👍Economic Perspective: The energy transition needs to be backed by a solid commercial investment case. Over $2 trillion in new investments are required, highlighting the massive scale of this global endeavour. 👍Investment Hurdles: High-risk premiums for investments in middle-income countries like Indonesia are slowing down the transition. It's crucial that we don't let the quest for perfect conditions delay necessary actions. 👍Collaboration over Competition: To mitigate risks and reduce costs, forming collaborative partnerships rather than competitive ones is essential for sharing risks and enhancing efficiency. These insights reflect the complex yet hopeful journey towards a sustainable energy future in Indonesia and beyond. The path is lined with challenges, but also abundant with opportunities for those ready to innovate and collaborate. Let's continue the conversation and work together to forge a sustainable path forward. #IPACONVEX #EnergyTransition #SustainableEnergy #IndonesiaEnergy #GlobalChallenges

Indonesia, a global leader in the nickel industry, stands at a pivotal crossroad. Holding over 20% of the world’s nickel reserves and accounting for 35% of global nickel production, the nation processes around 1 million tonnes of nickel ore annually. However, this energy-intensive process relies heavily on coal-fired power plants, creating emissions that conflict with Indonesia's decarbonization ambitions and the sustainability goals of the global battery supply chain. To address these challenges, we would like to share our latest white paper: "Decarbonizing the Nickel Industry in Indonesia." Download the white paper today to understand the challenges, learn about the policies and discover the solutions that can guide Indonesia towards a greener and more competitive nickel industry - https://dnv.social/5hi #Decarbonization #Sustainability #Indonesia #RenewableEnergy

🌿 𝐈𝐧𝐝𝐨𝐧𝐞𝐬𝐢𝐚'𝐬 𝐆𝐫𝐞𝐞𝐧 𝐈𝐧𝐝𝐮𝐬𝐭𝐫𝐢𝐚𝐥 𝐑𝐞𝐯𝐨𝐥𝐮𝐭𝐢𝐨𝐧: 𝐀 𝐆𝐚𝐦𝐞-𝐂𝐡𝐚𝐧𝐠𝐞𝐫 𝐟𝐨𝐫 𝐅𝐨𝐫𝐞𝐢𝐠𝐧 𝐈𝐧𝐯𝐞𝐬𝐭𝐦𝐞𝐧𝐭 🏭 #Indonesia's Investment Ministry Rosan Roeslani has unveiled plans to establish more green industrial zones, integrating clean energy providers to meet the growing demand for low-carbon manufacturing. This strategic move aims to boost Indonesia's competitiveness in attracting foreign investment, particularly in the electric vehicle sector. With a staggering 3.677 terawatts of untapped renewable energy potential, Indonesia is poised to lead the charge in sustainable industrial development. 👉 Read the full article on #Petromindo: https://lnkd.in/e9vitYss 💭 What's your take on Indonesia's push for green industrial zones? Share your thoughts in the comments below and join the conversation! #GreenIndustry #ForeignInvestment #RenewableEnergy #IndonesiaEnergy #SustainableDevelopment #EnergyTransition #MiningIndustry #PetromindoInsights 💡 Stay ahead of the curve in the rapidly evolving energy and mining industries. Subscribe to Petromindo's newsletter for exclusive updates, in-depth analysis, and expert perspectives.

🌏 Day 1 & Day 2 reflections from IPA Convex After two dynamic days at the Indonesian Petroleum Association Convex, I'm compelled to share some key insights from this bustling and vibrant event, a cornerstone for the Indonesian energy sector. Indonesia is adopting a pragmatic approach to the energy transition, with policies crafted to sustain hydrocarbon production while paving the way for CCUS. Here are some pivotal observations from discussions with industry leaders: 👍Transitioning Energy Sources: The shift from coal to gas in electricity generation isn't just preferred; it's imperative for reducing emissions. 👍Exploration and Development: New hydrocarbon exploration is essential. The latest developments are marked by significantly lower emissions, offering an opportunity to replace older, higher-emission sources. 👍Balancing Act: The trade-off between energy affordability and sustainability is a global challenge. With 775 million people without electricity and 2.4 billion lacking access to clean cooking fuels, the stakes are high. 👍Economic Perspective: The energy transition needs to be backed by a solid commercial investment case. Over $2 trillion in new investments are required, highlighting the massive scale of this endeavour. 👍Investment Hurdles: High-risk premiums for investments in middle-income countries like Indonesia are slowing down the transition. It's crucial that we don't let the quest for perfect conditions delay necessary actions. 👍Collaboration over Competition: To mitigate risks and reduce costs, forming collaborative partnerships rather than competitive ones is essential for sharing risks and enhancing efficiency. These insights reflect the complex yet hopeful journey towards a sustainable energy future in Indonesia and beyond. The path is lined with challenges, but also abundant with opportunities for those ready to innovate and collaborate. Let's continue the conversation and work together to forge a sustainable path forward. #IPACONVEX #EnergyTransition #SustainableEnergy #IndonesiaEnergy #GlobalChallenges

🔺 #Nickel 𝗦𝗽𝗲𝗮𝗸𝗲𝗿 𝗔𝗻𝗻𝗼𝘂𝗻𝗰𝗲𝗺𝗲𝗻𝘁: Almo Pradana 𝗳𝗿𝗼𝗺 World Resources Institute (WRI) Indonesia 𝗳𝗼𝗿 𝘀𝘁𝗿𝗮𝘁𝗲𝗴𝗶𝗲𝘀 𝗮𝗻𝗱 𝗶𝗻𝘀𝗶𝗴𝗵𝘁𝘀 𝘀𝗵𝗮𝗿𝗶𝗻𝗴 𝗼𝗳 𝗻𝗶𝗰𝗸𝗲𝗹 𝗱𝗲𝗰𝗮𝗿𝗯𝗼𝗻𝗶𝘀𝗮𝘁𝗶𝗼𝗻 𝗽𝗿𝗼𝗰𝗲𝘀𝘀 Combine with Indonesian policy udpates, incl. the Government 5-year plan and WRI's research towards 𝗡𝗮𝘁𝗶𝗼𝗻𝗮𝗹 𝗡𝗶𝗰𝗸𝗲𝗹 𝗜𝗻𝗱𝘂𝘀𝘁𝗿𝘆 𝗗𝗲𝗰𝗮𝗿𝗯𝗼𝗻𝗶𝘀𝗮𝘁𝗶𝗼𝗻 𝗥𝗼𝗮𝗱𝗺𝗮𝗽, Almo will systematically address Indonesia's resolution and set of strategies on acceleration of decarbonisation. ℹ️ 𝗔𝗯𝗼𝘂𝘁 𝘁𝗵𝗲 𝘀𝗽𝗲𝗮𝗸𝗲𝗿: Almo serves as the Director on Climate, Energy, Cities, and the Ocean for WRI Indonesia. He leads the development of the clean energy portfolio within WRI Indonesia, and is currently in charge of leading Clean Energy Investment Accelerator work which aim to helps national and international companies meet their clean energy targets and supports Indonesian government to address regulatory and market barriers which have slowed investment and limited clean energy deployment across supply chains. His climate portfolio involves peatland restoration work with aim to assist the government to restore and monitor Indonesia's treathened peatland ecosystem. As an energy professional, Almo has worked for various energy companies and international organization. Prior to joining WRI, Almo worked as an implementation consultant for energy and power sector with the global management consulting firm McKinsey & Company and also at the International Energy Agency (IEA) where he supported the formulation of two of IEA’s major publications namely: 2014 World Energy Outlook, and 2014 Africa Energy Outlook. Almo also has eight years of experience in the oil and gas industry with bp and PETRONAS. Almo graduated from UCL niversity College London in the UK with an M.Sc. in Energy Economics and B.Sc in Petroleum Engineering. 🌐 𝟮𝟱% 𝗢𝗙𝗙 𝗘𝗮𝗿𝗹𝘆 𝗥𝗲𝗴𝗶𝘀𝘁𝗿𝗮𝘁𝗶𝗼𝗻 𝗮𝘃𝗮𝗶𝗹𝗮𝗯𝗹𝗲 𝗮𝘁: https://lnkd.in/gPfCfDnQ ☑𝗦𝗠𝗠 𝗜𝗻𝗱𝗼𝗻𝗲𝘀𝗶𝗮 𝗣𝗼𝗿𝘁𝗮𝗹 𝗶𝘀 𝗻𝗼𝘄 𝗮𝘃𝗮𝗶𝗹𝗮𝗯𝗹𝗲! for more Indonesia prices info, please visit: https://lnkd.in/gyu-6xx9 #netzero #decarbonisation #carbonneutral #ESG #sustainabiility #Indonesia #thermalcoal #production #policy #progress #research #cleanenergy #emission #NPI #smelters #miners #mining #criticalmineral #nickel

bp has officially announced a final investment decision for the US$7 billion Tangguh Ubadari CCUS Compression project (UCC), a significant initiative that aims to unlock approximately 3 trillion cubic feet of additional gas resources in Indonesia.

𝐈𝐧𝐝𝐨𝐧𝐞𝐬𝐢𝐚 𝐒𝐞𝐭𝐬 𝐀𝐦𝐛𝐢𝐭𝐢𝐨𝐮𝐬 𝟐 𝐆𝐖 𝐎𝐜𝐞𝐚𝐧 𝐄𝐧𝐞𝐫𝐠𝐲 𝐓𝐚𝐫𝐠𝐞𝐭 𝐛𝐲 𝟐𝟎𝟔𝟎 🌊⚡ #Indonesia's Ministry of Energy and Mineral Resources (ESDM) has unveiled plans to harness the power of our oceans, aiming for 2 gigawatts of electricity from ocean energy by 2060. This bold move is part of Indonesia's commitment to a sustainable energy future. With a staggering 63 GW potential in ocean energy, Indonesia is poised to become a leader in this innovative sector. 🚀 What's your take on Indonesia's ocean energy ambitions? 🤔 How do you think this will impact our energy landscape and economic growth? Share your thoughts below! 👉 Read the full article: https://lnkd.in/e4WuQ5PG #OceanEnergy #RenewableEnergy #IndonesiaEnergy #CleanTech #EnergyTransition #SustainableDevelopment #GreenInvestment #EnergyInnovation #PetromindoInsights #IndonesianResources #ESDM 📚 Dive deeper into Indonesia's evolving energy landscape with Petromindo's comprehensive publications. Our books, magazines, maps, and reports offer unparalleled insights for industry professionals. 👉 Stay ahead of the curve - subscribe to our newsletter for exclusive updates and expert analysis: www.petromindo.com

Indonesia is making strategic strides in the electric vehicle (EV) industry, leveraging its substantial nickel reserves to emerge as a crucial player in the global market. Targeting to rank among the top three global EV battery producers by 2027, Indonesia's strategy aligns with its vision to meet a significant slice of worldwide demand, reinforcing its commitment to sustainable economic growth. Amidst this backdrop, INA, in collaboration with industry giants like CATL and CMBI, has embarked on establishing a Green Fund focused on the EV value chain. The Fund, expected to reach up to USD 2 billion, aims to tap into the burgeoning EV market, harnessing Indonesia's strategic position in the nickel sector to fuel sustainable investments and long-term growth. Delve into Indonesia's nuanced electric battery strategy and discover potential impacts and opportunities within this evolving landscape: https://lnkd.in/g2jXPDba

This is an interesting space to watch, in particular the collaboration with Chinese tech and investors against the backdrop of obstacles for Chinese players in the US and EU. It is also SUPER interesting to watch how the supply chain of nickel, lithium, salt, and many other crucial materials shape the global economy (and geopolitical impacts). For law firm leaders, are you monitoring China / Indonesia corridor opportunities? What’s your key products and strengths? What’s your plan?

Day 2 of the International & Indonesia CCS Forum 2024 was truly enlightening! The East Coast Cluster presentation, focusing on Teeside and Humber in the UK, showcased a project aimed at reducing 50% of the UK’s industrial cluster CO2 emissions. As a native of Hull, Yorkshire, UK, it was especially meaningful to see this reference. Attending this conference was a highly anticipated opportunity for me, as understanding the economics of carbon capture has posed challenges. This project truly embodies a circular economic model. Moreover, I gained insights into floating liquefied CO2 (LCO2) storage and injection units (FSIU) as well as LCO2 carriers. The learning never stops! At NES Fircroft, we are actively involved in supporting crucial Carbon Capture projects in Indonesia. As the world's largest and Indonesia's premier energy recruiter, NES Fircroft has been a key player in the nation's energy sector for over 15 years. With offices strategically located in Jakarta, Batam, and the recent addition in Sorong, West Papua, NESF offers customized staffing solutions for projects across Oil & Gas, Mining, Chemical, Power, and Renewables sectors. Whether you require assistance with local or international talent acquisition, payrolling, or expatriate mobilization, NESF is fully dedicated to supporting your needs #nesfircroft #CCSForum #CarbonCapture #Sustainability #CircularEconomy #LearningOpportunity