Abstract
The situation of global change, competition and decreasing crude oil price have affected many aspects of the petroleum industry in Indonesia and its economic growth. One of the aspects is energy, where there is the choice of oil and gas, or petroleum. Petroleum is still have the biggest demand for the country’s development. Meanwhile, in the past few years, there is the reduction of the crude oil prices, which can be both an advantage and disadvantage. Beginning with disadvantage, it is literally affecting human resources, in this case, the petroleum industry’s workers. Many workers in the petroleum industry were cut off from their jobs. The decreasing oil price mainly affects oil fields exploration projects, which are high risk, high cost and relies on skilled man-power. One of the possible solutions to overcome current challenges is entrepreneurship. Entrepreneurs can make significant economic growth for the country and can help people retain their jobs. This paper discussed how innovations in the petroleum industry can help growth and prosperity in Indonesia. Indonesia possesses a variety of renewable energy resources, including geothermal, solar, micro-hydro, wind and bio-energy. Alternative fuels have been researched and developed as renewable energy. But it still has challenges, either with the cost, land and regulation. As a result of this analysis, there will be knowledge sharing for many solutions (for example, being an entrepreneur of renewable energy).
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Acknowledgements
This research was supported by Faculty of Earth Technology and Energy, Petroleum Engineering Department of Trisakti University. The author would like to express special thanks of gratitude to the Dean of Faculty of Earth Technology and Energy Trisakti University, Dr. Ir. Afiat Anugrahadi, MS.; the Head of Petroleum Engineering Department, Ir. Abdul Hamid, MT.; the Head of Graduate Programme of Magister of Petroleum Engineering Trisakti University, Ir. R.S. Trijana Kartoatmodjo, M.Sc., Ph.D., co-author Dr. Sugiatmo Kasmungin and Ir. Bayu Satiyawira, MSi. from Petroleum Engineering Department of Trisakti University who provided insight and expertise that greatly assisted the research. The author likes to show the gratitude to the parents for prayer and mentally support, and all faculty and department colleagues that give their fully support to the author in making this paper.
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Yulia, P.S., Kasmungin, S., Satiyawira, B. (2018). Indonesia’s Challenges and Opportunities: Youth Petroleum Engineer’s Role to Develop Economic Growth and Natural Resources. In: Fechtelkotter, P., Legatt, M. (eds) Advances in Human Factors in Energy: Oil, Gas, Nuclear and Electric Power Industries. AHFE 2017. Advances in Intelligent Systems and Computing, vol 599. Springer, Cham. https://doi.org/10.1007/978-3-319-60204-2_4
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