The Cepu oil and gas block, Bojonegoro is the mainstay, to achieve the production target of ready to sell (lifting) oil which is stipulated in the draft 2018 State Budget Revenue (RAPBN) of 775 thousand barrels per day (bpd).read more..
S & P Global Ratings rating agency raised Freeport-McMoRan's Inc. debt rating. become BB from before BB-. One of the factors driving the increase in rankings is the plan to divest PT Freeport Indonesia (PTFI). S & P Analyst at Global ChizaB Ratings. Vitta and Donald Marleau conveyed, they had upgraded Freeport-McMoRan's debt rating to BB from BB-previously. Debt projections are stable.read more..
The realization of mandatory rules for biodiesel expansion 20 (B20) is hampered by technical constraints on the distribution side. The Chief Executive of the Indonesian Biofuels Producers Association (Aprobi) Paulus Tjakrawan explained the obstacles encountered recently regarding the distribution of biodiesel mixture materials to processing sites.read more..
PT Pertamina Hulu Energi Offshore North West Java (PHE ONWJ) developed the YYA, Handil, Kutai Kartanegara offshore field, East Kalimantan. The field is currently starting the stage of fabricating offshore platforms. YY Field Development is a follow-up to the successful discovery of oil and gas reserves, from the drilling activity of the YYA-4 exploration well in 2011.read more..
Senator from South Kalimantan, Habib Hamid Abdullah, said that PLN must review nuclear use as a power plant. According to him, nuclear is a potential choice in realizing cheap electricity.read more..