PT Chevron Pacific Indonesia (CPI) is set to open gas stations in Indonesia following in the footsteps of other foreign firms, including Malaysia's Petronas and Dutch company Shell, an official says.Erie Soedarmo, director for downstream business at the Energy and Mineral Resources Ministry, told...

Indonesia has urged Italy's major oil group Eni to explore for oil and gas in the Ambalat block. "We have asked Eni to commit for exploration in the Ambalat area to meet its contract," Achmad Luthfi, deputy chief of energy watchdog BP Migas told Reuters on Friday (9/3/07).

The Finance Ministry is preparing a package of incentives to support the government's ambitious program to produce 200,000 barrels of biofuel a day by 2010, a senior official says.Unggul Priyanto, the director for energy resources development at the Agency for the Assessment and Application of...

Lion Air said the first of seven Boeing 737-900 ER aircraft it plans to buy at a price of $3.9 billion this year will arrive in April.The airline’s commercial director Achmad Hasan said the seven aircraft will be part of 60 Boeing 737-900 ER planes it has ordered from the US aircraft maker until...

South Korea's Samsung Electronics Co Ltd said on Monday (5/3/07) it would sell Indonesian mobile operator PT Mobile-8 Telecom systems for a "third-generation" (3G) mobile service for $373 million, Reuters reported.Samsung, the world's No.

Indonesia's largest mobile phone operator PT Telkomsel has added about 2 million new users so far this year, a company official said, signaling growth of about 6% from yearend levels, Reuters reported on Tuesday (6/3/07).

State-owned asset management company PT PPA has announced a plan to sell its stake in 20 companies, including some banks, this year.The asset sales are to meet the company's aim to contribute Rp1.5 trillion ($166.

Indonesia has raised the base price for exports of crude palm oil by $3 to $490 a metric ton, effectively raising the export tax paid on CPO, a trade ministry official told Dow Jones Newswires on Wednesday (7/03/07).

Bank Indonesia (BI) Governor Burhanuddin Abdullah said there is “not much to gain” from more rate cuts after the central bank board dropped the benchmark rate by a further quarter of a percentage point to 9% on Tuesday.

AMBON (Antara): South Korea's LML firm will develop Jatropha Curcas, sp. plantations in Oma village, Haruku subdistrict, Central Maluku district, a spokesperson said.The company intended to develop the plantations as a pilot project to produce biodiesel for a power plant, LML chairman Choi Seung In...

TEMPO Interactive, Jakarta:Microsoft Indonesia will collaborate with more than 500 software vendors in marketing its Windows Vista software.This measure is aimed at reducing pirated software sales in Indonesia.

TEMPO Interactive, Jakarta: Japan has offered a technological partnership for processing biomass into renewable energy, including the use of cellulose and lignin that are really cheap.“We have the technology and Indonesia has a plenty of its raw materials,” said Koatro Inoue of Japan Science...

TEMPO Interactive, Jakarta: Taufiq Effendi, the State Minister for Administrative Reforms, has said he believes the bureaucracy reform that has so far been carried out is still far from what is expected.This is because there is not any unity in terms of perception and goals.

Yoyakarta (ANTARA News) - Yogyakarta Governor Sultan Hamengku Buwono X said his province`s tourism had been seriously affected by the series of disasters that had hit the region in the recent past."The series of natural disasters such as earthquakes, volcanic eruptions, cold lava streams,...

After nearly four months of delay, state-owned gas distributor PT Perusahaan Gas Negara's (PGN) US$1.1 billion pipeline linking South Sumatra and West Java finally came onstream Sunday.The pipeline will initially deliver 30 million cubic feet per day from a Pertamina gas field in Pagardewa, South...

Reform is never easy when it requires changes to an entrenched economic system. That is why broad-based reforms often require a crisis or perception of crisis, or at least a sense of chronic deterioration. It was economic crisis that brought down Soeharto in May 1998 and ushered in the reform era.