The Energy and Mineral Resources Ministry says the newly issued regulation on cost recovery and taxation in the oil and gas industry will boost investment.The ministry’s director general for oil and gas Evita Herawati Legowo said Wednesday legal uncertainties over cost recovery and taxation had...

Indonesia is reluctant to enter the physical market due to a lack of good-quality Robustas and an uncertain outlook for next year's crop, dealers said on Wednesday.Rains in Indonesia, the world's second-largest Robusta producer after Vietnam, have caused the beans to shrink.

After years of playing second fiddle to Malaysia, Indonesia has now firmly established itself as the world’s biggest producer of crude palm oil. With production capacity of 19 million tons, this position is unlikely to be challenged going forward.

The government has issued a regulation aimed at clearing up longstanding legal uncertainty over cost recovery in the oil and gas industry, which it hopes will in turn increase investment in the sector.The government regulation, which has more legal force than a ministerial decree, includes seven...

VIVAnews - Total investment in mineral and coal in 2010 reached US$3.18 billion which exceeds the target set in the strategic plan that the Energy and Mineral Resources Ministry prepared at US$2.12 billion.

TEMPO Interactive, Bandung:The West Java government is opening up the sectors of food, energy and water to foreign investors and is targeting 10 percent growth in investment in the region next year.“The government will concentrate on the downstream processing industry,” said Agus Gustiar, the...

Jakarta (ANTARA News) - Investments in the mineral and coal mining sector in 2010 reached US$2.282 billion, according to the ministry of energy and mineral resources.The ministry`s director general of minerals and coal, Bambang Setiawan, said here on Wednesday the realization was above the target...