Gas development remains govt focus

today news update for oil and gas issue,

Gas development remains government focus in Commenting on Indonesia's declining oil production, Vice President Boediono has reaffirmed the government's commitment to promoting natural gas as the main energy source to fuel economic growth in the future. More...

Future of RI oil, gas in deep water, frontier areas: Minister

Unexplored oil and gas reserves in eastern Indonesia could be vital to the country's energy supply in future, Energy and Mineral Resources Minister Darwin Zahedy Saleh said Wednesday. More...

Boediono Unhappy with Oil Industry's Performance

Vice President Boediono expressed his disappointment with the declining performance of the country's oil industry at a petroleum association exhibition today. More...

Minister Facing the Ax, Jail Over NNT Deal: Lawmakers

It likely never crossed Agus Martowardojo’s mind that using the government’s own investment agency to buy a stake in Newmont Nusa Tenggara could cost him his job as finance minister. More...

Pertamina to Temporarily Shut Dumai Refinery Unit, Director Says

PT Pertamina plans to shut down a unit of its Dumai refinery in the fourth quarter for a month because of maintenance works, Edi Setianto, processing director at the Indonesian state-owned oil and gas company said in Jakarta today.

Preference for Indonesian Coal Hurts South African Port

The price of coal shipped from South Africa’s Richards Bay Coal Terminal, the continent’s largest export facility for the fuel, fell to the lowest in six weeks as buyers opted for Indonesian supplies. More...

Menkeu Tegaskan Pembelian Saham Newmont tidak Perlu Persetujuan DPR

JAKARTA--MICOM: Menteri Keuangan Agus Martowardojo menghadiri rapat jerja dengan Komisi XI DPR. Rapat tersebut membahas pembelian 7% saham PT Newmont Nusa Tenggara (NNT) melalui Pusat Investasi Pinjaman (PIP). Agus menyatakan siap mundur jika keputusan pembelian saham Newmont dianggap melanggar hukum. Selengkapnya...

Menperin: PLN Harus Lakukan Efisiensi Sebelum Naikkan TDL

JAKARTA--MICOM: Menteri Perindustrian MS Hidayat mengimbau agar pemerintah melakukan kajian terhadap kinerja Perusahaan Listrik Negara (PLN). Pasalnya, kenaikan TDL sebesar 15% pada tahun depan dinilai terlalu besar. Selengkapnya...

Reliance akan Investasi US$10 Miliar

JAKARTA--MICOM: Grup perusahaan asal India yang bergerak di sektor pertambangan, Reliance, akan menanamkan investasinya di Indonesia sebesar US$5 miliar sampai US$10 miliar. Investasi itu untuk tiga sektor yakni pertambangan, infrastruktur, dan pembangkit listrik. Selengkapnya...

Pertamina Masih Tutup Rapat Soal Global Bonds

JAKARTA--MICOM: PT Pertamina masih belum mengungkapkan secara rinci rencana penerbitan surat utang global (global bonds). Hal itu disebabkan Pertamina tidak mau penerbitan surat utang global perdananya tersebut menjadi spekulasi. Selegnkapnya...