#oil and gas

Collection of oil and gas news, found 2.793 news.

Anti-bribery management to make oil, gas investment more attractive

The implementation of standard quality ISO 37001:2016 on anti-bribery management system would make investment in oil ...

Economic growth predicted to increase in first quarter

Indonesia`s economic growth in the first quarter of 2018 is predicted to be higher than the first quarter of 2017, ...

Government promotes gross split scheme to Asian industries

The government has promoted a new gross split scheme in oil and gas contract to Asian industries, during the Offshore ...

Govt not to propose budget revision for subsidy change

The government will not propose a revision of the state budget in relation to a change in the ceiling of subsidy due ...

Indonesia welcomes inking of Timor Leste-Australia maritime border treaty

The Indonesian government has encouraged a peaceful resolution to the maritime delimitation issue between Timor Leste ...

Government to raise energy subsidies in 2018

The government will increase energy subsidy allocation this year as a result of the increase in the world crude ...

Global oil prices projected to be stable in 2018: OPEC

The Organization of the Petroleum Exporting Countries (OPEC) has forecast that the global oil prices will continue to ...

State budget grows positively in january: Finance minister

The realization of the state budget showed a positive trend in January 2018 as was reflected by the improving ...

Indonesia`s trade balance records deficit of US$676 million

Indonesia`s trade balance recorded a deficit of US$676.9 million in January 2018, the Central Statistics Agency (BPS) ...

Indonesia, Iran seek to elevate bilateral ties

Indonesia and Iran seek to further explore the potential cooperation between the two countries, Minister of ...

Energy ministry revokes 22 regulations

The Energy and Mineral Resources Ministry has revoked 22 regulations that were hampering the investment process. ...

Indonesia`s forex reserves increase to US$131.9 trillion as of January

Indonesia`s foreign exchange reserves rose by US$1.7 billion to US$131.9 billion as of late January 2018 from ...

Nicaragua wins in boundary case against Costa Rica

- In a unanimous ruling, the International Court of Justice (ICJ) has fixed the maritime boundary between Nicaragua and ...

Waypoint Leasing opens Hong Kong office to support growth in Asia

- Waypoint Leasing ("Waypoint"), the largest independent global helicopter leasing company, today announced that it has ...

Govt revises export growth target

The government has revised its target of non-oil and gas export growth from 5-7 per cent to 11 per cent in 2018. ...