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Latest Indonesia Oil & Gas News

  • Asia Round Up - Japan's Trade Surplus Plummets; Singapore Raises 2008 Inflation Forecast 24 Jul 2008 16:42 GMT
    ... the third time this year, citing higher oil prices, persistent rise in food prices and inflationary ... for Economic Cooperation and Development advised the Indonesian central bank to react pre-emptively to strengthen ... quarter. Copyright(c) 2008 RealTimeTraders.com, Inc. All Rights Reserved ...

  • Japan: Recession-Bound As Exports Slow? 24 Jul 2008 16:16 GMT
    ... Policy makers in the Philippines, Thailand and Indonesia all raised borrowing costs this month. It ... month. It is quite possible that the Reserve Bank of India will increase rates again ... holding up, and these are, of course, oil exporters. Imports, on the other hand, climbed 16.2 ...

  • BRIEFING - ASIA BANKING - JULY 24, 2008 24 Jul 2008 15:30 GMT
    ... CHINA EXIM BANK AGREES TO FINANCE 3 INDONESIAN POWER PLANTS JAKARTA - China Export-Import Bank ... GAS PIPELINE BEIJING - The China National Petroleum Corp.(CNPC), the country's largest oil and gas producer, said it was seeking ...

  • BRIEFING - ASIA MINING - JULY 24, 2008 24 Jul 2008 13:54 GMT
    ... commercial intelligence and business opportunities. KOREA NATIONAL OIL CONSORTIUM WINS BID FOR COLOMBIAN OIL FIELD ... Argentina's Pluspetrol S.A. and the China National Petroleum Corp. (CNPC) for the bid. KOREA DEV ... as the shipbuilder's union strongly opposes it. INDONESIA'S PUKUAFU READY TO ACQUIRE MORE STAKE IN ...

  • S&P names 18 US energy companies as likely to grow 24 Jul 2008 13:32 GMT
    ... Just squeaking onto the list were Ireland, Indonesia, Spain and the Czech Republic, each with ... Inc., Quicksilver Resources Inc., Penn Virginia Corp., Oil States International Inc., Holly Corp., Helmerich & Payne ... Oil Corp., Dril-Quip Inc., Carrizo Oil & Gas Inc., Cabot Oil & Gas Corp., Buckeye ...

  • Hot rocks rock! 24 Jul 2008 12:47 GMT
    ... 4 km below the earth's surface. Exploratory oil drilling has exposed numerous places where these rocks ... in an area near the Cooper basin gas fields. Just how much energy is there ... various multinationals in Australia, the USA and Indonesia. - Australia's e-journal of social and political ...

  • Indonesian shares close higher for 4th day as banks extend rebound - UPDATE 24 Jul 2008 12:38 GMT
    ... Indonesian shares close higher for 4th day as ... a sell-off in energy-related stocks following the oil price drop overnight. Bank Rakyat Indonesia (BRI) and ... rate next month to control inflation, falling oil prices should help ease the pressure to make ...

  • J.D. Power and Associates Reports: China's New-Vehicle Market Shows Signs of Slowing after Several Y 24 Jul 2008 12:28 GMT
    ... Forecasting. "Ebbing consumer confidence, coupled with higher gas prices, is likely keeping many shoppers out ... government-which controls fuel pricing through its state-owned oil companies-opted to increase the price of fuel at ... to consumers and businesses in China, India, Indonesia, Japan, Malaysia, Philippines, Taiwan and Thailand. Information ...

  • J.D. Power and Associates Reports: China's New-Vehicle Market Shows Signs of Slowing after Several Years of Rapid Growth 24 Jul 2008 12:17 GMT
    ... Forecasting. "Ebbing consumer confidence, coupled with higher gas prices, is likely keeping many shoppers out ... government-which controls fuel pricing through its state-owned oil companies-opted to increase the price of fuel at ... to consumers and businesses in China, India, Indonesia, Japan, Malaysia, Philippines, Taiwan and Thailand. Information ...

  • Newmont's Second Quarter Adjusted Net Income(1) Rises to $230 Million ($0.51 per Share); Nevada Power Plant and Yanacoch 24 Jul 2008 12:11 GMT
    ... sales forecast for 2008 now assumes an oil price of per barrel and an Australian dollar ... gold and copper sales at Batu Hijau inIndonesia were 17,000 ounces and 23 million pounds, ... securities (34) (0.08) - - Western Australia gas interruption (5) (0.01) - - Settlement of ...

  • Newmont's Second Quarter Adjusted Net Income(1) Rises to $230 Million ($0.51 per Share); Nevada Powe 24 Jul 2008 12:07 GMT
    ... sales forecast for 2008 now assumes an oil price of $125 per barrel and an Australian ... and copper sales at Batu Hijau in Indonesia were 17,000 ounces and 23 million pounds, ... securities (34) (0.08) - - Western Australia gas interruption (5) (0.01) - - Settlement of ...

  • Korea Gas to pay record price for Indonesian liquefied natural gas 24 Jul 2008 11:38 GMT
    ... Korea Gas to pay record price for Indonesian liquefied natural gas Jul 24, 2008 (BBC ... based on the Japan Crude Cocktail (JCC) oil price of USD 120 per barrel, Purwanto said. ...

  • Oil Majors vs. Drillers: The Battle for Profits 24 Jul 2008 11:12 GMT
    ... stands true today - especially in the oil business. There's been a major anomaly occurring in ... companies that extract crude oil and natural gas. It's also in the service companies that ... North Sea and off the coast of Indonesia require the drillers. The order backlog was ...

  • New Well NSE-A3 on Production at 2,250 bopd 24 Jul 2008 11:00 GMT
    ... The NSE-A3 horizontal well is free flowing oil from the main volcanic reservoir within the NSE central ... NSE-A3, and drilled though, exhibiting high mud gas readings and good oil shows. L44-C Vertical ... company with operations currently located onshore Thailand, Indonesia and in Western Canada. This news release ...

  • Newmont's Second Quarter Adjusted Net Income(1) Rises to $230 Million ($0.51 per Share); Nevada Power Plant and Yanacocha Gold Mill in Commercial Production 24 Jul 2008 10:57 GMT
    ... sales forecast for 2008 now assumes an oil price of $125 per barrel and an Australian ... and copper sales at Batu Hijau in Indonesia were 17,000 ounces and 23 million pounds, ... securities (34) (0.08) - - Western Australia gas interruption (5) (0.01) - - Settlement of ...

  • Protectionism goes into reverse 24 Jul 2008 10:56 GMT
    ... materials, food and to a certain extent oil how they fared and you will know. ... Over the first half of 2008, Cambodia, Indonesia, Kazakhstan, Russia, Argentina, Ukraine, Thailand, Vietnam and ... A cartel such as the Organization of Petroleum Exporting Countries (OPEC) works more or less ...

  • --> New Well NSE-A3 on Production at 2,250 bopd 24 Jul 2008 10:55 GMT
    ... The NSE-A3 horizontal well is free flowing oil from the main volcanic reservoir within the NSE central ... NSE-A3, and drilled though, exhibiting high mud gas readings and good oil shows. L44-C Vertical ... company with operations currently located onshore Thailand, Indonesia and in Western Canada. This news release ...

  • Indonesian shares close higher for 4th day as banks extend rebound 24 Jul 2008 10:29 GMT
    ... Indonesian shares close higher for 4th day as ... a sell-off in energy-related stocks following the oil price drop overnight. Bank Rakyat Indonesia (BRI) and ... rate next month to control inflation, falling oil prices should help ease the pressure to make ...

  • BRIEFING - ASIA INFRASTRUCTURE - JULY 24, 2008 24 Jul 2008 09:16 GMT
    ... GAS PIPELINE BEIJING - The China National Petroleum Corp.(CNPC), the country's largest oil and gas producer, said it was seeking ... and seaports. U.S. AND UAE INTERESTED IN INDONESIA'S LONGEST BRIDGE PROJECT JAKARTA - The governments ...

  • BRIEFING - ASIA ENERGY - JULY 24, 2008 24 Jul 2008 09:16 GMT
    ... based on the Japan Crude Cocktail (JCC) oil price of US$120 per barrel, the upstream, ... CHINA EXIM BANK AGREES TO FINANCE 3 INDONESIAN POWER PLANTS JAKARTA - China Export-Import Bank ... GAS PIPELINE BEIJING - The China National Petroleum Corp.(CNPC), the country's largest oil and gas ...

  • Hong Kong shares turn lower in midmorning trade on profit-taking 24 Jul 2008 09:00 GMT
    ... overnight climb and a further fall in oil prices. At 10.58 a.m. (0258 GMT), the Hang ... buy a 20 percent stake in an Indonesian bank. Construction Bank was considering a stake ... a $10 billion offer for the coal gas assets of Australia's Origin Energy. Origin has ...

  • Halal industry in the Middle East estimated to be worth in excess of AED 73 billion 24 Jul 2008 08:56 GMT
    ... Brunei, Bosnia, Canada, China, Egypt, France, India, Indonesia, Iran, Jordan, Netherlands, Pakistan, The Philippines, Turkey, ... manufacturing, health, automobiles, gold & jewellery, metalworking, oil and gas, telecommunications, IT, printing & packaging, food & ...

  • Holistic Development 24 Jul 2008 08:33 GMT
    ... many countries including China, India, Russia, Brazil, Indonesia, Thailand and Vietnam are achieving remarkable economic ... the enormous amount of natural resources like oil, gas and many valuable minerals found throughout the ...

  • Indonesian shares end morning mixed, Telkom lifts index 24 Jul 2008 08:17 GMT
    ... Indonesian shares end morning mixed, Telkom lifts index ... not rally. I think as long as oil prices keep falling, the market trend is going ... Thomson Financial News Limited 2008. All rights reserved. The copying, republication or redistribution of Thomson ...

  • Asian inflation hits new records, but may be nearing peak 24 Jul 2008 07:57 GMT
    ... records, but the recent fall in the oil price and the prospect of slowing economic growth ... was in store. A $20 retreat in oil prices from a record above $147 a barrel ... rise in inflation expectations. Yesterday, Philippine and Indonesian central bankers acknowledged they may have to ...


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