A fire that broke out during routine maintenance of several oil wells operated by Petrochina and Pertamina in East Java, Indonesia, on Tuesday has shut down 4,000 barrels per day of crude production, the country's oil and gas regulator (SKKMigas) said.
Indonesia's Pertamina aims to sell several cargoes of liquefied natural gas (LNG) in July, and is currently in discussion over exact loading dates, a person familiar with the matter said. The producer has a quantity of unsold LNG for which it will seek to find buyers…
PT Pertamina Gas (Pertagas), a unit of Indonesia 's state oil and gas firm Pertamina , expects work on its 271-kilometer gas pipeline project linking Gresik and Semarang to commence in June, said CEO Hendra Jaya . The $500-million project is expected to be completed within 18 months.
Previously ranked as Asia's top diesel importer, now No.3 Indonesia is expected to take a third less of the fuel this year as demand from mining falters and biodiesel use in transport and industry grows with a mandate implemented in January.
Shipbuilding orders for drybulk carriers, tankships, containerships and a RoRo were placed in the past week according to 'Clarkson Hellas S&P Weekly Bulletin'. Dry bulk carriers Cara Shipping, the shipping arm of Chinese domestic company Rizhao Steel…