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    Posts Tagged ‘Gas producer’

    Pertamina, Exxon Sign Deal to Develop Gas Project

    Pertamina and Exxon Mobil signed a preliminary agreement to co-develop the offshore East Natuna Block, paving the way to extract natural gas from the massive block located in the South China Sea.
    Projects like Natuna and Chevron Corp.’s deep-water Gendalo-Gehem gas development are helping to restore Indonesia’s status as a major oil and gas [...]

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    Market Wrap

    Aussie shares continued on their recent upward trend and closed higher today. Rio Tinto, BHP Billiton and other resource stocks benefited from rallying base metal prices on the London Metal Exchange overnight. Financials also boosted the local market today.
    This afternoon the Reserve Bank announced that interest rates will stay on hold for a fourth month [...]

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