【SMM Flash News】Upland Resources and PEMA Partner for Oil & Gas Development in Aceh

House of Representatives (DPR) Commission XII member Jalal Abdul Nasir has called on the government to clarify the extreme disparities in the 2026 coal RKAB (Work Plan and Budget) approvals. While acknowledging the government's effort to prevent oversupply and stabilize prices, Jalal highlighted that some miners face cuts as deep as 40–70%, while others remain unaffected. He warned that such extreme reductions could lead to operational shutdowns and mass layoffs if the underlying regulatory basis is not transparently communicated to industry players. This follows reports that the government aims to cap 2026 production at approximately 600 million tons.

South Korean maintenance expert KEPCO KPS has signed a Memorandum of Understanding (MoU) with PLN NPS, a subsidiary of Indonesia’s state utility PLN, to collaborate on power plant performance improvements. Signed in Jakarta on February 24, 2026, the agreement focuses on the retrofit and rehabilitation of aging thermal power plants across Indonesia. By combining KEPCO KPS’s advanced diagnostic and maintenance technologies with PLN NPS’s 20 GW operational footprint, the partnership aims to enhance energy efficiency and support Indonesia’s carbon reduction goals. This move follows KEPCO KPS's broader strategy to expand its overseas O&M (Operation and Maintenance) business, particularly in aging infrastructure markets.

PT Astrindo Nusantara Infrastruktur Tbk (BIPI) has signed a Memorandum of Understanding (MoU) with PT Indogas Kriya Dwiguna (IKD) on February 24, 2026. The agreement facilitates gas supply from IKD—which partners with Kangean Energy Indonesia (a subsidiary of Energi Mega Persada)—to Astrindo's indirect subsidiary, PT Para Amartha LNG. This gas will serve as feedstock for Astrindo's Mini LNG Plant, marking a strategic expansion into the liquefied natural gas (LNG) sector. While the one-year MoU has no immediate financial impact, it strengthens Astrindo's energy infrastructure portfolio and operational outlook.