#oil and gas sector

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

SKK-Migas elucidates role of revenue sharing funds

The Upstream Oil and Gas Regulatory Special Task Force (SKK Migas) and Cooperation Contract (KKKS) had organized ...

Tax receipts grow at slow pace until late May: Minister

Finance Minister, Sri Mulyani Indrawati, said tax receipts in the first five months of 2019 grew at a slower pace than ...

Ministry to offer oil/gas blocks to foreign investors

The Ministry of Energy and Mineral Resources will offer foreigners the opportunity to invest in a number of oil and gas ...

Oil and gas field development expected to become more encouraging

The Special Task Force for the Upstream Oil and Gas Business Activities (SKK Migas) has expected that the development ...

Oil potentials in Indonesia need more exploration: association

President of the Indonesian Petroleum Association (IPA) Tumbur Parlindungan expects oil and gas exploration activities ...

Chunky trade deficit in April exerts pressure on rupiah

The rupiah faltered against the US dollar in the Jakarta interbank spot market on Wednesday evening after being hit ...

Indonesia's April trade balance nosedives to US$2.5 billion deficit

The Central Statistics Agency (BPS) reported that Indonesia experienced a trade deficit of US$2.5 billion in April ...

BPS records 51.09 percent surge in Maluku's exports

The Maluku Central Bureau of Statistics (BPS) reported that the province had posted exports valued at US$0.84 million ...

Minister unperturbed by US$193.4 million first-quarter trade deficit

Trade Minister Enggartiasto Lukita has maintained his composure and remained undeterred by the first-quarter trade ...

Indonesia posts unexpected US$540 million trade surplus in March: BPS

Indonesia booked a US$540 million trade surplus in March 2019 in comparison with 330 million in February, the Central ...

Govt should consider tax from YouTubers: Economist

The Government should consider demanding taxes from the informal sector, such as a YouTuber, as it has not been ...

Use of B50 fuels expected to save foreign exchange earnings

The use of a 50 percent biodiesel blend (B50) will enable Indonesia to save foreign exchange earnings, Vice Chairman ...

Indonesian President chairs meeting on oil and gas draft law

Indonesian President Joko Widodo chaired a limited cabinet meeting here on Wednesday to discuss the draft law on oil ...

Agro processing industry expected to grow 7.10 percent this year

The Industry Ministry has projected the agro processing industry will grow 7.10 percent this year, higher than last ...

TPA to help lure foreign investors in upstream oil and gas

Indonesian Petroleum Association (IPA), which groups around 200 oil and gas companies and related companies said it ...