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BP Names Carl-Henric Svanberg Chairman; To Sell BP West Java For $280 Mln

Saturday, June 27, 2009

BP Names Carl-Henric Svanberg Chairman; To Sell BP West Java For $280 Mln - Update 6/25/2009 3:37 AM ET (RTTNews) - Thursday, BP plc (BP: News ,BP.L:News ) announced appointing Carl-Henric Svanberg to succeed Peter Sutherland as chairman. In addition, the company has also agreed for sale of BP West Java to PT Pertamina for a consideration of $280 million. The company [...]

acquisition, bp, chairman, corporate, gas, indonesia, lng, pertamina, psc, upstream, west java

Indonesia changes rules for oil, gas cost recovery

Wednesday, April 22, 2009

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Indonesia changes rules for oil, gas cost recovery Eric Watkins, OGJ Oil Diplomacy Editor LOS ANGELES, Apr. 21 – The Indonesian government, responding to criticism of current cost recovery procedures in the oil and gas industry, has drafted new rules that will reduce national expenditure by redefining some cost components as downstream instead of upstream. “We hope that this will [...]

cost recovery, fiscal, gas, indonesia, oil, psc