5:33 pm October 22, 2014 | No Comment
London. BP said on Wednesday it had awarded the onshore front-end engineering and design (FEED) contracts for the $12 billion Tangguh LNG expansion project to two Indonesian consortiums. BP and its Tangguh partners also signed a sales and purchase agreement with Indonesia’s state-owned electricity company to supply up to 1.5 million metric tons of liquefied […]
1:24 pm October 22, 2014 | No Comment
Myanmar is emerging as the new frontier in the tin industry as Indonesia, the biggest shipper, seeks to restrict supply and boost prices.
1:12 pm October 22, 2014 | No Comment
The e-mail Jacqui McGill received from one of her teams at a BHP Billiton coal mine in northern Australia contained great news: output delays were down 75 percent in a year.
1:04 pm October 22, 2014 | No Comment
Australian coal will be exempt from controversial new import tariffs imposed by China when the two countries sign a free trade pact, Treasurer Joe Hockey said after a meeting in China, although the timing of a deal has yet to be finalized.
8:33 pm October 21, 2014 | No Comment
Vi Holding, a leading industrial group from Russia, plans to invest up to $500 million in a ferronickel smelting plant in Indonesia, a top Russian government official said.
8:22 pm October 21, 2014 | No Comment
Bukit Tua, an oil and gas field that is part of a Ketapang production sharing contract in East Java, is expected to start producing in April 2015, an official at Indonesia’s downstream regulatory agency said in a statement on Tuesday.
1:53 pm October 21, 2014 | No Comment
Palm oil stockpiles in Indonesia probably slumped last month by the most since February 2013 as a dry spell reduced output in the world’s largest supplier.
8:36 pm October 20, 2014 | No Comment
Falling oil prices, like the 12 percent drop witnessed in the past three weeks, make investments even more perilous for exploration and production companies such as Encana.
5:13 pm October 19, 2014 | No Comment
Saudi Arabia and Kuwait halted production at a jointly run oil field late last week, a move that could help ease a supply glut that has seen oil prices drop 25 percent.
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