10:02 pm December 18, 2014 | No Comment
The Energy and Mineral Resources Ministry’s oil and gas governance reform team said on Thursday that it will issue a recommendation to the minister for the abolishment of the sale of subsidized low-octane gasoline RON 88, locally know as Premium, because Pertamina has been blending high-octane products for lower octane fuel.
7:23 pm December 17, 2014 | No Comment
Saudi Arabia will continue massive public spending despite a 50 percent drop in the price of oil which provides the bulk of the kingdom's revenue, the finance minister said on Wednesday.
10:56 am December 17, 2014 | No Comment
Russia’s surprise interest-rate increase failed to stop the plummeting ruble. The next weapon available to repair economic havoc caused by sanctions and falling oil prices: selling gold.
11:17 am December 16, 2014 | No Comment
Malaysia, the second-largest palm grower, extended its export duty exemption on crude palm oil until January, a circular from the Malaysian customs department showed on Tuesday.
8:19 pm December 15, 2014 | No Comment
Copenhagen. Denmark will lay claim to energy-rich, but contested territory around the North Pole on Monday by submitting data to the UN which it says demonstrates the area is an extension of its continental shelf. The Danish government said it would tell the UN Commission on the Limits of the Continental Shelf that data collected […]
11:50 am December 15, 2014 | No Comment
Thailand's PTT on Monday said it will sell its palm oil business in Indonesia for an undisclosed sum by June next year, as the top Thai energy company moves to divest non-core operations.
8:45 pm December 12, 2014 | 6 Comments
State-owned energy firm Pertamina announced on Friday that it would ask the government to raise the price of 12-kilogram non subsidized liquefied petroleum gas by as much as 21 percent in a bid to reduce losses in its LPG business.
1:15 pm December 12, 2014 | No Comment
Promising no more business as usual, Mongolia’s new Prime Minister Saikhanbileg Chimed said his priority is to resolve a dispute with the country’s biggest foreign investor, Rio Tinto Group, over developing one of the world’s largest copper and gold mines.
7:07 pm December 11, 2014 | No Comment
Indonesia is eying a new contract system for oil and gas firms to improve returns and production, government officials said, as Southeast Asia's biggest crude producer overhauls its energy sector to meet growing demand and reduce costly imports.
Page 1 of 90123Next ›Last »