Indonesian Political, Business & Finance News

Archive: 22 May 2010

1 article found

Oil and Gas Players Grow Pessimistic: Survey

VIVAnews - In the past months, a number of players in oil and gas industry viewed Indonesia as a promising country for oil and gas investment. However, the view has been altered, as concluded by PriceWaterhouseCoopers Indonesia (PwC) after a survey conducted over the companies which represent 68 percent of oil production in the country. "The light (of hope) is likely beginning to fade," said William Deertz, technical adviser of PwC on oil and gas issues today, May 21.