Category: Indonesia

Indonesia’s ’embattled’ exploration and production sector is in ‘dire’ need of additional investment, according to BMI Research. Indonesia’s ‘embattled’ exploration and production sector is in ‘dire’ need of additional investment, Continue Reading

Rasdiono and his daughter at the family’s Blessed Bodega in Jakarta. The sea, once far from his doorstep, now looms over the shop. Josh Haner/The New York Times Dredging along Continue Reading

Former OPEC member suffers as investment, exploration dry up Volatile prices and onerous bureaucracy deter oil companies Start your day with what’s moving markets in Asia. Sign up here to Continue Reading

Indonesia’s Ministry of Energy and Mineral Resources set its August thermal coal reference price, also known as Harga Batubara Acuan or HBA, at a seven-month high of $83.97/mt, up 44% Continue Reading

Indonesia is open to rejoining OPEC, but only if it can determine its own production levels, the country’s Energy and Mineral Resources Minister Ignasius Jonan told Reuters in an interview. Continue Reading

Only 20% onshore rigs in Indonesia operating vs 60% in 2012 Nation may not see major oil, gas investment: Drilling group Red tape, rising costs and declining crude prices are Continue Reading

Indonesia needs to invest $70 billion to $80 billion in gas infrastructure through 2030 to avoid a potential gas shortage, as domestic consumption growth outpaces supply, state-owned energy business Pertamina Continue Reading

A $400 million loan is aimed at helping Indonesia, until recently a member of OPEC, meet its growing demand for energy, the Asian Development Bank said. A net oil importer, Continue Reading

Indonesia has suspended its membership of the Organization of Petroleum Exporting Countries (OPEC), less than a year after rejoining the cartel, as the net oil importer said it could not Continue Reading