BP finalizes study for new LNG train

Oil and gas giant BP is waiting for certainty over its gas reserves to go ahead with its plan to build a third liquefied natural gas (LNG) train at the Tangguh LNG plant in Papua, upstream oil and gas regulator BPMigas said. More...

Adaro secures $750 million loan

The Jakarta Post

JAKARTA: PT Adaro Indonesia, a subsidiary of Indonesia’s second-largest coal producer, PT Adaro Energy, announced on Monday that it had secured a 10-year tenure bank loan of US$750 million to fund potential acquisitions and other capital expenditures. More...

India to Be Top Buyer of  Indonesian Coal

Jakarta Globe

Nusa Dua, Bali. India will surpass Japan as the leading buyer of Indonesian coal this year, taking as much as 60 million tons to help meet its burgeoning power demand, the Indonesian Coal Mining Association said on Monday. More...

India Set to Be Top Indonesia Coal Importer

Jakarta Globe

Bali. India will surpass Japan to become the leading buyer of Indonesian coal this year, taking as much as 60 million tonnes to help meet feed India's burgeoning power demand, the Indonesian Coal Mining Association said on Monday. More...

BP Pledges to Invest More Than $10b, Eying Expansion in Papua, Kalimantan

Jakarta Globe

British energy giant BP has committed to invest more than $10 billion in Indonesia over the next decade, particularly in the massive Tangguh gas project in Papua as well as in coal-bed methane in Kalimantan. More...

Palm Oil King Tops Indonesian Rich-List With $12b Fortune

Jakarta Globe

Plantation king Eka Tjipta Widjaja, the patriarch of the Sinar Mas Group, has replaced Budi Hartono as the richest man in the country, according to Globe Asia’s 2011 150 Richest Indonesians list. More...

BP Migas Targetkan Lifting Minyak 950 Ribu Barel per Hari di 2012

Media Indonesia

JAKARTA--MICOM: Badan Pelaksana Usaha Hulu Minyak dan Gas Bumi (BP Migas) menargetkan maksimum pengangkutan produksi (lifting) minyak pada tahun 2012 akan mencapai 950 ribu barel per hari. Meski masukan dari KKKS migas saat ini hanya mampu mencapai lifting 882 ribu barel per hari. Selengkapnya...

Sekitar 5.000 Usaha Pertambangan Tanpa Izin

Media Indonesia

NUSA DUA--MICOM: Menteri Kehutanan Zulkifli Hasan mengatakan saat ini pihaknya tengah berkoordinasi dengan Kementerian ESDM dan Pemerintah Provinsi di Indonesia untuk mendata perusahaan pertambangan. Selengkapnya...

Menhub Terancam Kena Sanksi

Media Indonesia

JAKARTA--MICOM: Kementerian Perhubungan berdasarkan UU nomor 17 tahun 2008 tentang Pelayaran, diharuskan melakukan audit terhadap aset-aset pelabuhan. Kemenhub diberi tenggat sampai 7 Mei 2011, namun hingga kini belum ada kepastian tentang hasil audit tertsebut. DPR mengancam akan memberikan sanksi atas keterlambatan tersebut. Selengkapnya...