Indonesia is forging ahead with its strategy of developing unconventional sources of oil and gas, announcing bids for three new shale gas blocks, according to information issued by the ministry of energy and mines.
Indonesia is seeking to rejoin OPEC to get access to cheaper oil supplies as demand soars and domestic production falls, but critics say the move is an unwelcome distraction from efforts to overhaul the country's tro ...
Iran, China and Indonesia have reached a final agreement on building a refinery on the East Java island to process 150,000 barrels per day of heavy crude oil, an Iranian official said on Wednesday.
Oman has committed to invest $7 billion to build oil storage facilities, a petrochemical plant and a refinery in Indonesia, an Indonesian minister said on Thursday.
Iran and Indonesia have reached a final agreement on building 48 power plants in the Southeast Asian country, Iranian Energy Minister Hamid Chitchian has said.
Indonesia is considering rejoining the Organization of the Petroleum Exporting Countries as an observer after leaving the group six years ago, a minister said Thursday.