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 →
Indonesia’s revisions to new oil and gas production-sharing contracts are positive for investors, the leading energy industry association said, amid waning interest in energy exploration and declining oil output from the former OPEC member. The archipelago overhauled its oil and … Continue reading →
United States oil producer ExxonMobil has set a price of US$121 million for state-owned energy giant Pertamina to acquire its 45 percent participating interest in the Jambaran-Tiung Biru (JTB) field in Central Java. At present, the JTB field is jointly … Continue reading →