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“One benefit of cost recovery is the ability to offer some reward for risks associated with fr...
Oil and gas companies in Indonesia may now choose to either use a cost recovery or gross split-based...
Third-quarter oil production amounted to 745,000 barrels per day (bpd), down 1 percent from the prev...
Energy and Mineral Resources Minister Arifin Tasrif first raised the possibility of the government r...
The Energy and Mineral Resources Ministry announced on Friday the signing of contracts with several ...
The Energy and Mineral Resources Ministry signed on Monday a 20-year, gross split contract with...
The Indonesian Petroleum Association (IPA) sees the move from the cost-recovery scheme to the gross-...
As a net oil importer that imports almost 60 percent of its daily need of 1.6 million barrels, Indon...
The Energy and Mineral Resources Ministry has said six operators of oil and gas blocks will amend th...
The government announced on Thursday that energy company PT Medco E&P Rimau would extend the ope...