Friday, May 30th, 2008
The Indonesian government kicked off Thursday the tender for 25 onshore and offshore oil and gas production areas in its efforts to lure more private investment aimed at boosting the country's energy output.
According to data from t ...
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Thursday, May 29th, 2008
Indonesia, the only OPEC member in Southeast Asia, will pull out of the group after aging fields and declining production force the region's biggest economy to boost imports as crude oil prices reached records.
Energy Minister Purnomo Yu ...
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Wednesday, May 28th, 2008
A survey team has discovered a major gas deposit with estimated reserve of 10 trillion cubic feet in Indonesia's West Timor Sea off East Nusa Tenggara province, local press said Wednesday.
The survey was conducted by Inpex Masela Lt ...
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Wednesday, May 28th, 2008
Indonesian President Susilo Bambang Yudhoyono Wednesday called on oil producer countries to take part in efforts of decreasing the impacts of the oil price hike.
The huge increases of the global prices of oil and some commodities ha ...
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Wednesday, May 28th, 2008
Former Thai Prime Minister Thaksin Sinawatra said here Wednesday that he is interested in investing in sea port infrastructure in Indonesia.
Thaksin made the statement during a meeting with Indonesian President Susilo Bambang Yudhoy ...
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Tuesday, May 27th, 2008
The Indonesian economy can grow by between 8 percent and 9 percent in two years time now after the government cut the costly fuel subsidy, Vice President Jusuf Kallasaid Tuesday.
"We have saved nearly 2 billion U.S. dollars that can ...
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Tuesday, May 27th, 2008
Indonesia's economic growth may reach up to 6.9 percent next year on the back of improving investment climate and stable local currency, newly sworn Bank Indonesia Governor Boediono said Monday.
"The economy is moving into the highe ...
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Tuesday, May 27th, 2008
Indonesian Minister for state-owned enterprises Sofyan Djalil said on Monday that the privatization of the steel company Krakatau Steel Inc., must be carried out this year.
Previously, Indonesian Vice President Jusuf Kalla said that ...
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