The 37th IPA Convention and Exhibition (Convex) will be held a month ahead. In this event the Indonesian Petroleum Association (IPA) will present the best applications of the world big oil and gas producing countries such as Brazil, Colombia and ... Read More

Promoting the theme of "Investment in a Challenging Environment", Indonesian Petroleum Association (IPA) expects this year's annual Convention and Exhibition (Convex), scheduled on May 15 - 17, could facilitate discussions, coordination and ... Read More

The government says it is preparing a regulation to issue more incentives for oil and gas companies amid dwindling production and slow-moving exploration.

Energy and Mineral Resources Minister Jero Wacik said that the incentives would be ... Read More

Hope still exists for Indonesia in the establishment of deepwater hydrocarbon basins in its eastern region, despite several large oil and gas companies having given up on the task.

The government, however, needs to step up its game to ... Read More

In the last 16 months, Indonesia, a former oil exporter, has seen no less than three men assuming the position of deputy energy and mineral resources minister. The latest, 62-year-old Susilo Siswoutomo, will face tough challenges amid the ... Read More

President Susilo Bambang Yudhoyono says the nation still needs foreign investors in the oil and gas sector, since local companies cannot fully exploit the nation's reserves.

Yudhoyono said that domestic investment, despite repeated calls ... Read More

The Indonesian Petroleum Association (IPA) expects the government to quickly appoint the official to fill in the post of the Director General of Oil and Gas at the Ministry of Energy and Mineral Resources so that oil and gas policies can run ... Read More

The Indonesian Petroleum Association, a group of oil and gas firms, was appreciative of the government's quick response after the country's previous oil and gas regulator, BPMigas, was dissolved by the Constitutional Court last ... Read More

Indonesia still needs the involvement of major foreign companies to tap into undiscovered oil and gas reserves in its deep sea waters in a bid to increase the country's future oil output, an official has said.

The Energy and Mineral ... Read More

Indonesia is changing the rules of a game that was designed to last for three decades only after 11 years of play.

That is how many analysts and oil company executives describe the current deliberations by the House of Representatives on ... Read More

The oil and gas upstream industry has the same characteristics everywhere - it has connections to investment, technology and is very high risk - including in Indonesia. As a result the industry is highly sensitive to the "3Cs" - clarity, ... Read More

President Susilo Bambang Yudhoyono's administration is likely to miss its ambitious target of raising Indonesia's average daily oil output to 1 million barrels per day (bpd) in 2014 as the country solely relies on the development of the Cepu ... Read More

The government has ensured legal certainty in the oil and gas industry to the Production Sharing Contractors (PSC) following the decision of the Constitutional Court (MK) to disband the Executive Agency for Upstream Oil and Gas (BPMigas). ... Read More

The issue of legal uncertainty in the oil and gas sector arises again. The difference in the interpretation of the PSC (production sharing contract) as the basis for Oil and Gas investment has led to concerns on the subject.

Oil expert ... Read More

Around 29 of the 72 existing oil and gas contracts in Indonesia will expire between 2013 and 2021. In addition to PT Pertamina (Persero), the expiring blocks will also be managed by other national corporations as well as a combination of State ... Read More

The case related to PT Chevron Pacific Indonesia's (CPI) bioremediation project continues to attract public attention, especially those working in the oil and gas industry. Until last weekend, a number of foreign media organizations are still ... Read More

The government has yet to receive any formal complaints from other countries over its local-content provision in the oil and gas sector, despite intensified scrutiny over the policy at the World Trade Organization (WTO).
The Trade ... Read More

The Executive Agency for Upstream Oil and Gas (BP Migas) projects that investment in the upstream oil and gas sector this year will be US$15.08 billion (Rp135 billion), higher than the 2011 realization of US$14.02 billion.

The Head of BP ... Read More

The Indonesian Petroleum Association (IPA) is very concerned about the development of the Bioremediation case and its impacts that have resulted in the arrest of several employees of one of its member companies. The possibility of criminalizing ... Read More

The Government is currently considering a plan to trim taxes for companies engaged in oil and gas exploration in a bid to boost dwindling oil production in the former Organization of Petroleum Exporting Countries (OPEC) member ... Read More

The Indonesian Petroleum Association (IPA) anticapes that The House of Representatives (DPR) decision to revise Law No.22/2001 could provide legal certainty on oil and gas investment in the country.

The Deputy Chairman of the IPA, Sammy ... Read More

The Government is targeting revenues from upstream oil and gas (oil and gas) in 2013 at US$ 31.71 billion. This figure is 5.18% lower when compared to the 2012 target of US$ 33.485 billion.

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The Indonesian Petroleum Association (IPA) states that around 70 - 80 % or most of the cost recovery from the oil and gas upstream sector should be considered as an invesment.

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Indonesian Petroleum Association (IPA) asks government tobe careful in selecting and sorting the Production Sharing Contract Contractors (PSC) that will work on country's oil and gas fields. Because, IPA has seen the indications of many PSC ... Read More

The government projects non-tax state revenue from actual gas lifting in 2013 to reach RP. 48.6 trillion (US$ 5.1 billion), or around 26% of the state non-tax revenue from the energy sector of RP. 186.5 trillion. According to the Financial ... Read More

The Government's proposal to raise up 90% of the revenue sharing from oil and gas business to the state starts reaping reaction from the Production Sharing Contractors (PSC).

PSC members under the Indonesian Petroleum Association (IPA) ... Read More

Coordination will play a significant role in meeting the target of 1 million bpd in oil production.

Energy is like the blood for a country. Almost every sector, including agriculture, industry, transportation, offices and households need ... Read More

The Deputy Director of Reforminer Institute, Komaidi Notonegoro, said he can no longer comment on government's plans to renegotiate mining and oil and gas contracts as he believes thar the Government is considered to have too many discourses ... Read More

JAKARTA - The Energy and Mineral Resources (ESDM) minister Jero Wacik has asked BP Migas and the Directorate General of Oil and Gas to implement better supervision on each of the new oil and gas working.

He Hopes the government will sign ... Read More

If Indonesia wants to be ndependent, it should build its own refineries to fulfill country's fuel needs.

Adequate operational oil refineries are vital infrastructure if Indonesia aim to be energy independent country. However it is not to ... Read More