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Weak Diesel Imports for Indonesia for Years to Come

August 19, 2014

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.

Thai Oil Keen to Upgrade SE Asia Refineries

August 15, 2014

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…

PTT Global Seeks Refinery Partner

August 13, 2014

New refinery will triple capacity to 360,000 bpd from 120,000. Aims to conclude details on financing, partners early 2015. Thailand's PTT Global Chemical Pcl said on Wednesday it is seeking a partner to expand the crude processing capacity of…

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Pertamina Awards EPCI Contract for Matindok Gas Project

July 10, 2014

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…

Indonesia Awards Second Shale Gas Block

June 23, 2014

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…

Pertamina: 10 LNG Cargoes to Asia Buyers

June 18, 2014

Indonesia's Pertamina is offering to sell 10 surplus liquefied natural gas (LNG) cargoes to Asian consumers, loading from July to early November, after a recent nine-cargo deal with BP, trade sources said. Pertamina is offering the cargoes from…

Indonesia's Pertamina Aims to Sell LNG Cargoes in July

June 12, 2014

Indonesia's Pertamina aims to sell several cargoes of liquefied natural gas (LNG) in July, and is currently in discussion over exact loading dates, a person familiar with the matter said. The producer has a quantity of unsold LNG for which it will seek to find buyers…

Global Ocean Trade: Latest Shipbuilding Orders

June 4, 2014

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…

Fire Shuts Two Petrochina and Pertamina Oil Wells in Indonesia

May 27, 2014

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.

Gresik-Semarang Gas Pipeline Project To Start In June

May 4, 2014

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.

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