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Monday, 26 July 2010 09:53 |
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JAKARTA. Ministry of New and Renewable Energy is a government institution in India which is responsible for developing new and renewable energy in order to fulfill its energy needs. The need for new and renewable energy in India is done through increased domestic production in line with the policy of energy diversification, and planned for the year 2032 could reach 5-6 percent of the energy mix, particularly for converting coal and oil consumption. |
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Monday, 26 July 2010 09:41 |
Kupang - Economic Observer Gaspersz SE.MM Prof. Dr. Vincent believes the Indonesian Government must be able to prove the existence of oil pollution in the Timor Sea before making a claim of compensation to the Montara oil field operator, PTTEP Australasia.
"Evidence of this contamination is very important as a basis for claiming compensation to the joint venture between Australia and Thailand," said Gaspersz who is also professor of Faculty of Economics, Catholic University of Widya Mandira Kupang on Saturday. |
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Saturday, 24 July 2010 15:16 |
Jambi - State-owned oil and gas
firm Pertamina for Jambi is expected to increase the stocks of its fuel
oils in the face of the Islamic fasting of Ramadhan and the post-fasting
festivity this year, a legislator said.
"The need for fuel oils such as premium gasoline and diesel oil will
increase during the the Ramadhan fasting month and the Idul Fitri
festivity. Therefore, we ask Pertamina to increase its stocks," Junedi
Singarimbun, a member of the Regional Legislative Assembly (DPRD) said. |
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Saturday, 24 July 2010 12:38 |
Shanghai - World Trade Organization (WTO) estimates that global trade to grow 10 percent this year, WTO chief Pascal Lamy said in Shanghai Friday, in relation to the trade body that issued its annual report.
"Our estimates for this year's world trade increased 10 percent in volume after minus 12 (percent) we noted in 2009," said Lamy told reporters. |
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Friday, 23 July 2010 21:39 |
Jakarta - A total of four divisions and 54 head of agency heads appointed Chief Executive Agency for Upstream Oil and Gas (BPMIGAS), R. Priyono BPMIGAS office, Jakarta, Thursday (15 / 7).
One department head was promoted to division chief-level officials and 19 heads of sub-level department received a promotion agency heads. While the six official nomenclature changes in the organizational structure, and three other workers from outside the organization BPMIGAS. The rest, mutated in the same position for competence development of workers. |
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Friday, 23 July 2010 21:23 |
JAKARTA: The Capital Market Supervisory Agency and Financial Institution (Bapepam-LK) require the examination of financial statements of issuers case Bakrie Group and Petroleum Energy Tbk PT Benakat proceed to the Enforcement Bureau of Bapepam-LK.
"Later the plan of the Exchange, just to pack Sarjito bureau [Bureau of Investigation Bapepam-LK] do not pass TLE [Bureau of Securities Transaction and Institution] anymore," said the Chairman of Bapepam-LK Fuad Ahmad Rahmany to the press. |
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Friday, 23 July 2010 10:57 |
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JAKARTA - PT Medco E & P Indonesia and the Research and Development Department of Energy and Mineral Resources to agree on joint research, development, technological services to increase the performance of CBM production five CBM wells in the Field Rambutan, South & Central Block (S & C), Sumatra. |
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Monday, 26 July 2010 09:42 |
JAKARTA. Associated with the occurrence in the Gulf Rig Blowout Meksico and oil leakage at the Well Montana Timor Sea, the Government commits the necessary steps so that such incidents like these do not occur on two locations in Indonesia.
Anticipatory measures and monitoring will dilakukanPemerintah cq. Inspectorate General and the Director General of Oil and Gas Ministry of Energy coordinates with BP Migas. |
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Saturday, 24 July 2010 15:18 |
Jember, E Java - State-owned oil
and gas firm Pertamina has withdrawn at least 3,500 damaged gas
cylinders from circulation in Jember district, East Java, a company
official said.
Danny Tri W of Pertamina`s Jember office made the statement at a hearing
with the Regional Legislative Assembly (DPRD) and the Jember Trade and
Industry Office here on Wednesday. |
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Saturday, 24 July 2010 15:13 |
Jakarta - Indonesian producer
Pertamina could team up Sonangol as the Angolan state-run player pushes
ahead with development work at two Iraqi oilfields, a senior company
official said today.
"We are evaluating the framework agreement for co-operation in
Sonangol's assets in Iraq," Karen Agustiawan, Pertamina president
director, told Reuters. |
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Saturday, 24 July 2010 12:27 |
New York - New York oil prices rally toward 80 dollars on Friday because of Tropical Storm Bonnie was spinning toward the Gulf of Mexico, but pulled back after the "stress test" (endurance test) on European banks was announced.
New York's main contract, light sweet crude for delivery in September, reaching 79.60 dollars per barrel, a level last seen on May 5, before ending down 32 cents to 78.98 dollars. |
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Friday, 23 July 2010 21:38 |
Malang - Indonesia Kangean Energy will drill five development wells on the Ground Light Sirasun Batur located in the Kangean PSC, East Java, began in October 2010.
Vice President (VP) Human Resource & Administration, Kangean, Is Nugroho, said with the development, production Kangean gas which is currently around 25 million standard cubic feet per day (MMSCFD) of Pagerungan Field, will be increased to 300 MMscfd. |
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Friday, 23 July 2010 21:23 |
JAKARTA: Minister of Finance Agus Martowardojo stock exchange authorities supported the decision to impose sanctions on four issuers, three of which are listed Bakrie Group, following the deposit of recording errors in PT Bank Capital Tbk.
"What was decided by the Indonesian Stock Exchange (IDX), we believe it is an act that had to be done. So we support and understand. Furthermore of course it is an activity in accordance with standard protocols and processes in the stock, "he said in his office this afternoon. |
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