Indonesia Plan for 2050 Low Carbon Climate Resilience

In September 2021 Indonesia published its Long-Term Strategy for Low Carbon and Climate Resilience 2050. Continental is actively pursuing strategic alliances and joint ventures with partners for complementary and add-on technologies complementary to the design and configuration of the Maloy Refinery to incorporate the latest technologies for carbon capture, utilization, and storage technologies; second generation biofuels sourced from non-food sourced biomass; synfuels including blue methanol; and the production on-demand, on-site of hydrogen from readily transportable liquid methanol rather than in compressed gas form in steel bottles.

Indonesia Economic Prospects & Covid Recovery

In its June 2021 biannual report on Indonesian Economic Prospects the World Bank noted that Covid recession in Indonesia contributed to a real GDP growth rate of -2.1% in 2020, milder than the average -4.3% experienced by other emerging markets and developing economies excluding China. The report points to an improving economic recovery with a forecast of real Indonesian GDP rebounding to +4.4% in 2021 and +5.0% in 2022.

IMO 2020 Global Sulfur Cap on Marine Fuels

Commencing from 1 Jan 2020 the new "Global Sulfur Cap" mandated by the IMO or International Maritime Organization, comes in to full force and effect. The Cap will require the world's ocean shipping fleets to reduce and limit the maximum permissible sulfur content of the distillate and residual marine fuel oils they use from today’s maximum of 3.5% to a new maximum of 0.5% sulfur. The new sulfur limit regulations are known as "IMO 2020" and are intended to make a significant contribution to air pollution reduction by reducing global SOx emissions from ships' engines by 77% or 8.5 million metric ton per year. IMO 2020 has been ratified by 91 member countries of the IMO, the agency of the United Nations responsible for regulating global shipping.

Indonesia Energy Outlook 2019

Indonesia's National Energy Council publishes an analysis on the long term national energy demand and supply projections (2019-2050) with which are developed for the purpose of Indonesia's future energy supply and demand planning. The assumptions and projections are based on energy technology development both fossil energy and renewable energy based on current data and conditions. No publication was made for 2020 due the to Covid pandemic.

Enticing Growth Opportunity, Strong Fundamentals

Good investment opportunities come in different shapes and sizes, and (of course) places. The one characteristic shared in common between all good investment opportunities is strong fundamentals. Continental Energy Corp. has identified, targeted, and is now executing on such an opportunity.

The 20 best countries to invest in now

Guided by a report from the World Bank Group, U.S. News identified the best countries to invest in for 2018. Ranking is based on entrepreneurship, economic stability, favorable tax environment, innovation, skilled labor, technological expertise, dynamism, and corruption. Indonesia ranks in second place. 

Continental Energy to build small scale oil refinery in East Kalimantan

Continental Energy Corporation establishes Indonesian subsidiary and receives a foreign direct investment license to build, own, and operate a crude oil refinery at the KIPI Maloy port and industrial park, a special economic zone located in the Kutai Timur Regency of East Kalimantan Province, Indonesia.