#oil and gas sector

Collection of oil and gas sector news, found 286 news.

President calls for increasing investment

President Susilo Bambang Yudhoyono has asked for increasing investment in all sectors including the oil and gas sector ...

Oil and gas imports still put pressure on RI`s trade balance

Indonesia saw a trade deficit of US$171 million in January 2013 as oil and gas imports soared to US$1.425 billion in ...

Current account deficit could weaken rupiah: Central bank

Bank Indonesia said Indonesia`s current account deficit could help weaken the country`s currency rupiah. ...

Low expenditure causes failure to achieve growth target: minister

Finance Minister Agus Martowardojo said that the national economic growth in 2012 could only reach 6.23 percent ...

Fuel imports put a brake on economic growth

Oil fuel imports puts a brake on Indonesia`s economic growth in 2012, chief economics minister Hatta Rajasa said. ...

Exports in 2012 down, imports up : BPS

Indonesia`s exports dropped 6.61 percent to US$190.04 billion in 2012 from US$203.5 billion in the year before, ...

Oil, gas revenues expected to fall short of target

State revenues from the oil and gas sector this year are predicted to fall short of the target of US$31.7 billion ...

Kazakhstan Sovereign Wealth Fund Samruk-Kazyna Expands the Investment Horizons

-     Samruk-Kazyna increases the potential for cooperation in the implementation of investment ...

President urges govt officials to understand anti-corruption law

President Susilo Bambang Yudhoyono has urged government officials to have a thorough understanding of the country`s ...

GE Indonesia to focus more on energy business

GE (General Electric) Indonesia said its business focus this year will be on the energy sector including in oil and ...

Oil and gas production down due to bad weather

Bad weather conditions have made production of oil and gas in Indonesia to drop, according to upstream oil and gas ...

Chevron has right to reduce investment: SK Migas

SK Migas, the temporary regulator of the upstream oil and gas sector, has stated that it is up to Chevron to decide ...

Indonesian govt should form rival SOE for Pertamina

An economist has suggested that the government form another state-owned oil and gas company as a rival of PT Pertamina ...

New SOE needed to manage oil and gas contract

The Indonesian government needs to establish a new state-owned enterprise (SOE) to manage cooperation contracts in the ...

Lack of legal certainty hinders oil, gas investment

The government will have difficulties attracting investment in the upstream oil and gas sector next year due to a lack ...