The government is beginning to show concern that the country could achieve its crude oil production target this year amid soaring price in the world market.
Head of the fiscal policy of the finance ministry Anggito Abimanyu said the country’s crude oil production has shown a downtrend, adding production has always been below 917,000 barrels as [...]
Publicly-listed mining company PT Antam Tbk of Indonesia and UC RUSAL of Russia have agreed to jointly develop bauxite deposits in Indonesia.
Antam President Director D. Aditya Sumanagara and UC RUSAL Director for International and Special Projects Alexander Livshits signed a heads of agreement to that effect here on Thursday in front of President Susilo Bambang [...]
Gulf Petroleum Ltd., a consortium of Qatari and Bahrain companies, will invest US$6 million in a coal-fired power plant in Indragiri Hulu, Riau province.
The company would cooperate with PT Ridlatama Energi Group of Indonesia in building the power plant with a capacity of 2X300 megawatts, Abdul Aziz Addulaimi, the director of Gulf Petroleum Ltd., said [...]
A U.S. mining company is now opening new gold mining in Mimika regency, Papua Province, an official said, Wednesday.
Head of Mimika Mining and Energy Agency Oktovianus Kambu said that the exploration of the new mining has reached the fourth or the final stage before the exploration could be carried out.
“In the future, Mimika regency will [...]
Private oil and gas exploration firm Orna International is planning to conduct oil and gas exploration in Bulu Banjar village, Tuban district next May, an official said.
“Orna International has asked a permission from East Java governor as well as the East Java Energy and Mineral Resources (ESDM) Office for the offshore exploration,” ESDM vice head [...]
Private oil and gas exploration firm Orna International is planning to conduct oil and gas exploration in Bulu Banjar village, Tuban district next May, an official said.
“Orna International has asked a permission from East Java governor as well as the East Java Energy and Mineral Resources (ESDM) Office for the offshore exploration,” ESDM vice head [...]
PT Lahai Coal, BHP Biliton`s subsidiary based in Kalimantan, said it will invest US$50 million in construction of a coal factory in Muara Teweh, Central Kalimantan, a spokesperson said.
“The coal factory will be built on 4,787 hectares of land. Hopefully, it will begin producing coal in the last quarter of this year,” PT Lahai Coal [...]
Indonesia will in the medium and long term focus on nuclear cooperation with several other countries for peaceful purposes, including the development of the national defense industry, Defense Minister Juwono Sudarsono said.
“For the time being we will not establish nuclear cooperation for defence purposes, but only for peaceful purposes in accordance with the agreement that [...]
An oil tank at Lengowangi I well at PetroChina`s oil and gas drilling site in Gresik district exploded Wednesday morning breaking the glass windows of some houses situated hundreds of meters from the location of the accident, eyewitnesses said.
The eyewitnesses who resided at the Gresik Kota Baru housing complex said the big explosion which occurred [...]
Police said here on Thursday they had so far found no indication of criminal intent in the gas pipe blast in Sidoarjo, East Java, that killed six people on Wednesday.
“Until now, we believe it was only an accident. However, we do not know whether this belief will stick. It is not impossible that it will [...]
