#oil and gas sector

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

MP3EI includes four potential investment areas in W Kalimantan

The Indonesian Economic Development Acceleration and Expansion Master Plan (MP3EI) has included in its programs four ...

RI still bowing to market mechanism: Ichsanudin

Public Policy analyst Ichsanudin Noersy said that Indonesia up to now was still bowing to the free market mechanism so ...

RI govt looks set to cut subsidized fuel consumption despite protests

The government looks set to limit the use of subsidized fuel oils and implement an oil-to-gas conversion program ...

Hundreds in Medan protest subsidized fuel use cutting plan

Hundreds of members of Muslim organization Hizbut Tahrir Indonesia (HTI) staged a rally at Majestic traffic circle ...

Drop in crude prices not yet afected state budget

The recent drop in global crude prices following crises in the US and Europe has yet to affect the assumed Indonesian ...

Riau`s economic growth in first semester 3.66 pct

Riau`s economic growth in the January-June 2011 period (first semester) in terms of the gross regional domestic ...

Govt allocates rp20 trillion for Aceh

Aceh province has received Rp20 trillion in development funds from the central government to expand and accelerate ...

Pertamina to spend Rp37 trillion on finding new energy sources

State oil and gas company PT Pertamina has set aside Rp37 trillion in funds to find new energy sources to anticipate a ...

US Charge D`affaires attends opening of weatherford facility

The US embassy`s Charge d` Affaires, Ted Osius, attended the opening ceremony for Weatherford`s new facility, ...

Chinese investors interested in infrastructure projects

Chinese investors are so enthusiastic to buildig a number of infrastrucure projects including bridges, toll roads, ...

VP concerned about oil production decline

Vice President Boediono expressed concern here on Wednesday over the decline in the country`s oil production and has ...

RI seeking free trade barriers for Its CPO exports to EU

Indonesia, the world largest crude palm oil producer, has formed a special team to identify various kinds of trade ...

RI`s many old oil wells can still be made productive

Indonesia`s oil production can be boosted by reactivating the many old but still productive oil wells it has ...

Budget deficit reaches Rp6.3 trillion in January

The 2011 state Budget recorded a deficit of Rp6.3 trillion as per January 31 because of rising state expenditure, a ...

RI`s payments balance sees $11.3 bln surplus in q4

Indonesia`s balance of payment in the fourth quarter of last year recorded a surplus of US$11.3 billion compared to ...