Indonesian Political, Business & Finance News

Archive: 9 October 2006

5 articles found

Chevron expects decrease in oil/gas production

Chevron expects decrease in its oil/gas production in Indonesia Jakarta (ANTARA News) - US-based Chevron Corporation estimates that its oil and gas production in Indonesia will undergo a decline of 8 or 9 percent to 555,000 barrels/day in 2007 from 610,000 barrels/day in 2006, a spokesman said. PT Chevron Pacific Indonesia (CPI) Managing Director Suwito Anggoro said here recently the company was expecting the decrease as its oil/gas fields in Indonesia were overaged.

Dodgy water business

Dodgy water business Do Jakartans care about World Habitat Day which falls on the first Monday of October? Should they do so when their wells are running out of water in this dry season? The answers to these questions will be "No". Water scarcities during the dry season are inevitable in many areas of the country. Jakarta is no exception. In several kampongs in the capital city, families have been forced to share wells to get clean water for washing and bathing.

City bill to spare Jakarta from old problems

Capital city bill to spare Jakarta from old problems Wilmar Salim, Manoa, Hawaii The new bill to replace the 1999 Government of the Special Capital District Law currently being debated in the House of Representatives demonstrates how discussion on the capital city legislation is being cluttered by the issue of Jakarta as a megalopolis with its mega-problems. We all know that Greater Jakarta has many problems.

"Government will guarantee new power plants"

VP says government will provide guarantees for new power plants Tony Hotland, The Jakarta Post, Jakarta Vice President M. Jusuf Kalla gave assurances Friday that the government would provide guarantees to investors in new power plants if state electricity firm Perusahaan Listrik Negara (PLN) found itself unable to purchase electricity from them.

BHP to start production in Haju Block next year

BHP to start production in Haju Block next year Benget Simbolon Tnb., The Jakarta Post, Jakarta PT BHP Biliton will start coal mining at the Haju block in Central Kalimantan next year, with initial production expected to be about 700,000 tons per year. Indra Diannanjaya, the president director of BHP Biliton, told the press here Thursday evening that the company had spent about $40 million on developing the Haju mine.