Tag: indonesia
Indonesia: Petronas to invest
Malaysian state gas and oil company Petroliam Nasional Bhd (Petronas) plans to expand its businesses in Indonesia by investing USD 100 million this year.
Three oil firms invest $1.6 billion this year
Three oil and gas companies--ChevronTexaco Corporation of the United States, TotalFinaElf of France and Gulf Indonesia Resources of Canada--have planned a combined investment worth US$1.6 billion this year to develop the Indonesian oil and gas resources.