Investment in the upstream oil and gas sector in the first half of 2017 reached US$3.98 billion, accounting for 29 percent of work program and budget set at US$13.8 billion, the Upstream Oil and Gas Regulatory Special Task Force (SKK … Continue reading →
The Indonesian economy is estimated to have grown at a slower pace in the second quarter than projected earlier due to a shift in the government and public spending to the third quarter, Bank Indonesia (BI) said. Public consumption still … Continue reading →
The Financial Services Authority (OJK) stated that the government has high hopes that the capital market industry can contribute to the development of infrastructure in the country with long-term funding. “We have a strong foundation to support the government in … Continue reading →
South Korean LG International and local firm PT Duta Firza are conducting a feasibility study on a potential US$1.3 billion petrochemical factory in Bintuni, West Papua, near the gas-rich Bintuni and Masela blocks in Maluku, which would provide raw material … Continue reading →
Deputy Minister of Energy and Natural Resources Arcandra Tahar here on Tuesday said four oil and gas projects have been included in the National Strategic Projects list because they have large capacity of gas, and therefore, their production will meet … Continue reading →