In trying to reduce Indonesia’s decade-long oil trade deficit, the government is facilitating oil and gas companies that have won contracts to accelerate their investment in their blocks even before the transfer of operation. Energy and Mineral Resources Minister Ignasius … Continue reading →
Indonesia’s national crude oil output remains dominated by a select group of companies. The five biggest oil producers in Indonesia – who together account for 73.34 percent of the nation’s total oil production – are Chevron Pacific Indonesia, ExxonMobil, Pertamina … Continue reading →
Energy and Mineral Resources Minister Ignasius Jonan signed an agreement with China to strengthen cooperation in the energy sector on the sidelines of the fifth Indonesia-China Energy Forum (ICEF V) in Jakarta on Monday. China was represented by National Energy … Continue reading →
President Joko Widodo or Jokowi said Indonesia and Qatar signed five memorandums of understanding on education, air transportation, sports, health, and the establishment of a joint commission. “We have agreed to immediately follow up what we have discussed in a bilateral meeting held … Continue reading →
The Finance Ministry has said that the government is preparing a regulation on the gross-split scheme, which will encourage oil and gas companies involved in exploration and exploitation to invest in the sector through the provision of tax incentives, according to a kontan.com report … Continue reading →