Thai Oil, the country's largest refiner, said on Friday it was keen to take part in bids to upgrade refineries in Indonesia and Myanmar as part of its regional expansion in Southeast Asia. Thai Oil, a unit of the country's top energy firm PTT Pcl…
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.
Indonesia's energy and mining ministry on Monday awarded its second shale gas exploration block to a consortium of foreign oil firms that included New Zealand Oil & Gas Ltd. The New Zealand company, along with Canada's Bukit Energy and Pacific Oil & Gas Ltd in Hong Kong…
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.
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.