#oil and gas industry

Collection of oil and gas industry news, found 136 news.

ShawCor Enters Into Agreement With Its Controlling Shareholder To Eliminate Its Dual Class Share Structure

- ShawCor Ltd. (TSX: SCL.A, SCL.B) ("ShawCor" or the "Company") announced today that the Board of Directors of ShawCor, ...

Ministry plans to increase competitiveness of TPT industry

The Industry Ministry has planned to increase the competitiveness of the national textile and textile products (TPT) ...

Pertamina to procure new tankers for cost efficiency

State-owned oil and gas company PT Pertamina will increase the number of its tankers by procuring new ones until 2015 ...

Dissolution of BP Migas has bad impact on investment

The dissolution of BP Migas, the upstream oil and gas regulator, will have a bad impact on oil and gas investment ...

IFC Invests $10 Million in PT Wintermar Offshore Marine Tbk to Develop Indonesia's Offshore Oil and

IFC, a member of the World Bank Group, has agreed to invest $10 million in PT Wintermar Offshore Marine Tbk, to help ...

Masela block to improve Maluku people`s welfare

Known as "the province of a thousand islands", Maluku province has abundant natural resources of strategic value. ...

President Yudhoyono receives Shell CEO

President Susilo Bambang Yudhoyono at his office here on Thursday received the Royal Dutch Shell Chief Executive ...

Premium quota runs out on Nov 24, diesel Dec 9: BPH Migas

Down-stream oil and gas industry regulatory body (BPH MIGAS) has predicted that the quota of subsidized premium oil ...

State-owned companies are again RI`s development locomotives : Kalla

Former vice president Jusuf Kalla said state-owned companies (BUMN) have now become the country`s development ...

Pertamina`s profit hits record high of rp24.6 tln

State oil and gas company PT Pertamina said its unaudited net profit reached an all time high of Rp24.6 trillion last ...

US citizen freed a week after kidnapping in Nigeria

A U.S. citizen working for Marubeni Corp who was kidnapped in Nigeria`s oil rich Niger Delta on Jan. 20 has been ...

Canada imposes new sanctions on Iran

Canada announced new sanctions against Iran on Monday that target "virtually all transactions" including with its ...

RI`s industry grew faster than economy in Q3

Indonesia`s industrial growth in the third quarter of 2011 was recorded at 6.98 percent or in excess of the country`s ...

Canada to establish strong trade, investment partnership with RI

Canada and Indonesia are to strengthen their economic development relations by establishing a trade and investment ...

Militants escape in Nigerian oil-city jailbreak

Five militants escaped from a prison in Nigeria`s main oil-hub Port Harcourt on Sunday by using their metal beds as ...