Indonesian President Prabowo Subianto during a press conference in Kuala Lumpur
Indonesia seeks to revitalise 1m b/d oil production dream
Policy initiatives will take time to reverse declining output, and restoring investor confidence is far from certain
Indonesia has long spoken of reversing its three-decade decline in oil production, but with a new president and energy officials, a renewed sense of purpose is now driving the country forward. President Prabowo Subianto, who assumed office in October 2024, has made energy self-sufficiency a priority for his administration. This focus is reinforced by key political appointments within the energy sector, including Bahlil Lahadalia, who was appointed minister of energy and mineral resources two months before Subianto took office. “We must have energy self-sufficiency, and we are capable of achieving it” Subianto, Indonesian president There have been further leadership changes since the
Also in this section
8 January 2026
Indonesia and Malaysia are at the dawn of breathtaking digital capabilities. Their energy infrastructure must keep up with their ambitions
8 January 2026
The next five years will be critical for the North Sea, and it will be policy not geology that will decide the basin’s future
8 January 2026
The region’s access to versatile feedstock, combined with policy support, is setting it up to meet growing demand both at home and abroad
7 January 2026
No longer can the energy source be considered a sidekick to oil in the Middle East and neither should it step aside for less convincing alternatives
