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Sat, 01 Aug 1998
CPC exits oil, gas industry
CPC exits oil, gas industry HONG KONG (Dow Jones): Taiwan's Chinese Petroleum Corp. (Q.CPC) has exited Indonesia's upstream oil and gas sector, after deciding in June to halt exploratory drilling in the Peudada field in North Sumatra, a CPC spokesman told Dow Jones Newswires yesterday.
Sat, 01 Aug 1998
Conversion Rates
Conversion Rates JAKARTA (JP): Bank Ekspor Impor Indonesia's (Bank Exim) indicative conversion rates on July 31 1998: Buying Selling Rp Rp U.S. dollar 1 12,700.00 13,500.00Austrian shilling 1 966.80 1,101.10Australian dollar 1 7,610.40 8,095.80Belgian franc 1 341.80 361.80Canadian dollar 1 8,361.
Sat, 01 Aug 1998
Poor service spoils fervor in land status upgrading plan
Poor service spoils fervor in land status upgrading planBy Pandaya and Ida Indawati Khouw JAKARTA (JP): Unusually large crowds of people clutching files have been massing at land affairs offices throughout Greater Jakarta, jostling each other and openly grumbling about the services.
Sat, 01 Aug 1998
Natuna gas project must await demand
Natuna gas project must await demand NEW YORK (Dow Jones): Exxon Corp. said Thursday that exploration on Indonesia's Natuna gas field should wait until the market is better able to absorb more liquefied natural gas.