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Thursday, 08 December 2011 08:43 |
JAKARTA - Contractor contracts (KKKS) are expected to carry out its commitment to develop oil and gas in Indonesia. There is no longer the era of buying and selling oil and gas working areas.
The assertion was made Director General of Oil and Mineral Resources Ministry Evita H. Legowo when announcing the winners bid auction direct oil and gas and CBM working areas in the Oil and Gas Building, Wednesday (7 / 12). |
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Wednesday, 07 December 2011 13:40 |
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BOJONEGORO. After the ground breaking of Banyu Urip Project in Bojonegoro, which designates the starting of Banyu Urip Project whole development, Minister of EMR, Jero Wacik asked the whole engineering, procurement, and construction (EPC) to be able to finish by the end of 2013 from its finishing target for 36 months, so the whole production of Cepu Block could be realized, Tuesday (6/12/2011). |
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Monday, 05 December 2011 10:34 |
JAKARTA - The average price of Indonesian crude for November 2011 reached U.S. $ 112.94 per barrel, up U.S. $ 3.69 per barrel from U.S. $ 109.25 per barrel in October 2011.
While the price of Minas / SLC reached U.S. $ 116.04 per barrel, up U.S. $ 5.53 per barrel from U.S. $ 110.51 per barrel in the previous month. |
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Monday, 05 December 2011 08:30 |
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JAKARTA - The government hopes Regassification Floating Storage Unit (FSRU) can begin operation on March 1, 2012. Before the operation, the government will conduct commissioning in January 2012. |
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Monday, 11 July 2011 00:00 |
Complete Business Downstream, Upstream Expansion Ready Shell in Indonesia
Jakarta - Indonesia Shell rate is an important country in its business. Oil companies that have been entered in the domestic downstream industry intends to develop upstream. |
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Friday, 08 July 2011 00:00 |
Government & Parliament Agree to Reduce Production of 945 Thousand Barrels of Oil So
Jakarta - House Commission VII and its Ministry of Energy and Mineral Resources (ESDM) agreed to cut its domestic oil production to 945 thousand barrels per day (bpd) to Revised State Budget 2011 from the previous 970 thousand bpd. |
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Thursday, 07 July 2011 00:00 |
Discover Namibia Offshore Oil Reserves 11 Billion Barrels
Windhoek (AFP) - An estimated 11 billion barrels of oil reserves have been discovered off the coast of Namibia, with first production planned within four years, mining and energy minister Isaac Katali announced Wednesday. |
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Wednesday, 06 July 2011 00:00 |
BI: 500 Fuel Price Increases, Inflation Up 1%
Jakarta - Bank Indonesia (BI) said rising prices of fuel oil (BBM) of premium amounting to Rp 500/liter will donate up to 1% inflation. However, if the only restrictions on the use of these government-subsidized fuel inflation, which then donated just under 1%. |
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Tuesday, 05 July 2011 00:00 |
BP Migas Indonesia Confident Oil Production Could Reach 930,000 bpd
Jakarta - Executing Agency for Upstream Oil and Gas (BP Migas) estimates of national oil production in the second half of 2011 will reach an average of 930 thousand barrels per day (bpd). |
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Monday, 05 December 2011 08:35 |
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JAKARTA - In order to meet domestic demand continues to rise, the government has established a policy in the future allocation of natural gas, among other priority uses of natural gas for domestic needs while considering economic development field. |
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Monday, 11 July 2011 00:00 |
Gold Still Considered Best Investment
Jakarta - Gold is still considered the best place for investment. In the midst of economic conditions that still covered the uncertainty, gold is still capable of yielding investments of up to 13% in the last 3 years. International gold prices are believed to penetrate the level of U.S. $ 2,100 per ounce in 2014. |
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Friday, 08 July 2011 00:00 |
LPG Price Increase Delayed
JAKARTA, KOMPAS.com - PT Pertamina (Persero) prompted the government to review the prices of LPG Industry (50kg). For that, again delaying the price increase Pertamina LPG industry in the packaging tube 50 kg which was originally planned to be implemented this weekend. |
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Thursday, 07 July 2011 00:00 |
In 5 Months, RI Getting a U.S. $ 13.9 billion from the Oil and Gas
Jakarta - Executing Agency for Upstream Oil and Gas (BP Migas) said state revenues from oil and gas sector in January-May 2011 reached U.S. $ 13.943 billion. Receipts exceeded the target by 39%. |
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Wednesday, 06 July 2011 00:00 |
Add Pertamina Fuel Import Face Fasting and Idul Fitri
akarta - PT Pertamina (Persero) will increase the import of fuel oil (BBM) for the anticipated surge in demand for consumption ahead of the fasting month and Lebaran. |
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Tuesday, 05 July 2011 00:00 |
Government Not Select Options Raise Fuel Prices
Jakarta (ANTARA News) - The Ministry of Finance to make sure not to raise subsidized fuel prices and choose the option to control the consumption of fuel intended to keep the budget as well as the volume of quotas that have been defined in the state budget. |
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