#oil and gas sector

Collection of oil and gas sector news, found 41 news.

Indonesia`s state revenues reach 33.4 percent of target as of May

Indonesias state revenues reached Rp584.9 trillion as of May 2017, accounting for 33.4 percent of the target of ...

Jonan encourages China to increase investment in Indonesia

Indonesian Energy and Mineral Resources Minister Ignasius Jonan has encouraged several Chinese companies to increase ...

Largest Chinese firm to invest in power plants in Indonesia

The largest Chinese power company "China Huadian Corporation" has the opportunity to invest in power plants in ...

UAE keen to manage Pertamina`s oil, gas fields

United Arab Emirates has expressed interest in cooperating with state oil and gas company Pertamina in managing oil ...

Indonesia, UAE cooperate on purchase of crude oil

Energy and Mineral Resources Minister Ignasius Jonan and United Arab Emirates (UAE) Energy Minister Suhail Mohammed ...

Indonesia`s exports register decline in April

Indonesias exports in April 2017 dropped 10.30 percent to US$13.17 billion, from $14.67 billion a month earlier, ...

RI records US$346.4 million trade deficit in November

Indonesia has posted its first monthly trade deficit in 2015 amounting to US$346.4 million in November, according to ...

Italy's foreign trade: focus on Africa, Iran and ASEAN countries

The year 2016 will be difficult for foreign trade, but Italy is determined to balance the accounts and identify new ...

Medco acquires oil, gas blocks in Tunisia

Publicly-listed oil and gas company PT Medco Energi Internasional Tbk has acquired a 100 percent stake in Storm ...

Energy crisis threat to economic resilience: Expert

Energy crisis in Indonesia is feared to weaken the countrys economic resilience, an expert said. Shrinking energy ...

Indonesian govt preparing scenario to anticipate soaring fuel subsidy

The Indonesian government is preparing a scenario to anticipate soaring fuel subsidies, Deputy Finance Minister Anny ...

BI warns of rising imports in second, third quarters

Bank Indonesia (BI) has warned of burgeoning oil and gas imports in the second and third quarters that may lead to an ...

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 ...