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Minister reaffirms plans on clean, renewable energy in Indonesia
As the 19th Conference on the Electricity Supply Industry (CEPSI) in Nusa Dua, Bali, kicked off on Monday, Energy and Mineral Resources Minister Jero Wacik declared his determination to develop clean technology and renewable energy in Indonesia | Jakarta Post
Energy companies warn on green subsidies
Millions of pounds of investment in wind farms and other power plants risk being delayed unless ministers extend the system of green subsidies by as much as three years, say leading energy companies | Financial Times
Petrobras signs deal to produce Amazon gas
Petrobras, Brazil’s state-controlled oil company, has signed a deal with local start-up HRT and its Russian partner TNK-BP to sell natural gas from their oilfields in the Amazon, helping to remove doubts over the assets’ future.
Chevron deepens support for community development
Chevron Nigeria Limited, in collaboration with the Itsekiri Regional Development Committe, IRDC has awarded contract for the construction of over 70 housing units, in its bid to assist the people of Itsekiri Community address their housing needs and boost community relations | SweetCrude
Nearly 1 in 3 EU nations lagging on gas legislation: EC
Nearly one in three EU countries are lagging behind notifying the European Commission of full transposition of a gas directive designed to speed up energy market opening, a spokesperson for the EC's energy division confirmed to Platts late Monday | Platts
India and China can and do work together on oil and gas exploration overseas, PetroChina Vice President Bo Qiliang said Tuesday on the sidelines of Petrotech-2012 conference in New Delhi | Platts
China CNPC's Iraqi projects producing 1.65 mil b/d of crude
China National Petroleum Corp.'s gross production from its Iraqi projects has now reached 1.645 million b/d of crude, the company said on its website Tuesday | Platts
Oil thieves cost Pertamina $37 million
Indonesia’s state oil company Pertamina has lost more than $37 million since 2010 due to oil thieves in South Sumatra, according to local reports | Upstream Online
EU tightens grip on Iran
Iran’s struggling oil industry has been dealt a fresh blow after the European Union agreed new sanctions against the major Middle Eastern producing nation | Upstream Online
Aker opens Malaysian service base
Norway’s Aker Solutions has increased its presence in the Asia Pacific region with the opening of a subsea lifecycle service base in Labuan, Malaysia | Upstream Online
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