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.
Technip, in a consortium with PT Wijaya Karya (Persero) Tbk (WIKA), was awarded an onshore lumpsum contract by PT Pertamina EP for the Matindok Gas Development project located in Central Sulawesi, Indonesia. The contract covers the engineering…
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…
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 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…