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Govt ready to explain fuel oil price hikes to house`s inquiry committee
Bullshit...both of you!"Jakarta, (ANTARA News) - The government was ready to explain the reason for the fuel oil price hikes late in May, 2008 to the House`s Inquiry Rights Committee. "The government is ready to clarify why the subsidized oil prices have to be raised,"...Government finally increase fuel oil prices
"The Indonesian government finally announced an increase in fuel oil prices despite strong protests from different organizations in the country.On the occasion, the government also announced its decision to...British Prince Andrew meets RI energy minister
Jakarta (ANTARA News) - Britain`s Prince Andrew Albert Christian Edward met Indonesian Minister of Energy and Mineral Resources Purnomo Yusgiantoro here on Tuesday in efforts to enhance trade and investment...Govt appoints Pertamina as subsidized fuel supplier in 2008
"Eight oil companies, namely Pertamina, PT Petronas Niaga Indonesia, PT Aneka Kimia Raya (AKR), PT Shell Indonesia, PT Total ERP Indonesia, PT Elnusa Petrofin, PT Sigma Rancang Perdana, and PT Jasatama Petroindo had earlier expressed interest in taking part in the tender.But...Indonesia has 27,000 MW of potential geothermal energy sources
"As such, geothermal energy was expected to meet the people`s need for electricity and at the same time improve their welfare.Purnomo said Indonesia now had a total installed electricity generation capacity of 25,000 MW which would continue to be increased following the...President asks Pertamina to increase oil production
"The Pertamina chief explained that the state company`s oil production in 2007 was expected to jump 7.2 percent to 140,000 barrels per day from last year`s output of 135,000 barrels per day.He said next year Pertamina would increase its oil production to 170,000 barrels per...Oil subsidy to soar to Rp87 T : minister
""We see it (subsidy hike) as being quite secure at the end of this year because there is still balance between the increase in revenues and that in spending. The deficit in the state budget will remain unchanged," he said. He said oil output until the end of 2007 would stand...Indonesia won`t limit thermal coal exports - minister
"Jakarta (ANTARA News) - Indonesia will not impose a ceiling on coal exports as domestic demand is still below production, the energy minister said on Thursday. Indonesia, the world's largest exporter of thermal coal, is expected to produce 196 million tonnes of coal this...Indonesia`s 2007 fuel subsidy bill may increase
"Indonesia's fuel subsidy bill may climb to 90 trillion rupiah ($9.86 billion) this year, amid rising global oil prices, but the government has no plan to raise domestic fuel prices, the energy minister said on...Indonesian state electricity company sealed billion dollar gas deal
"The deals were among 12 gas purchase contracts together worth 6.79 billion dollars signed Tuesday by gas producers and domestic buyers in the sidelines of an international oil and gas conference, Yusgiantoro said. The producers include JOB Pertamina, Petrochina Jabung, Husky...Govt assures it will not raise subsidized fuel prices
""So far, the government has not thought of raising the prices of subsidized fuel oil," Purnomo said after meeting President Susilo Bambang Yudhoyono at the presidential office. Global crude prices are hovering above US$90 per barrel amid tensions between Turkey and oil...Indonesia launches tender for 26 oil and gas blocks
Jakarta (ANTARA News) - The Indonesian government on Tuesday launched a tender for 26 oil-and-gas blocks to boost the country's oil and gas production. "In order to maintain our oil and gas reserves, we need to intensify exploration and today we are happy to announce the...
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