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Top related persons:
Emily Chow - 2 magnifier - 1 Dado Ruvic - 1 Benny Lubiantara - 1 Andrew Harwood - 1 Wood Mackenzie - 1 SKK Migas - 1 Benny - 1
Top related locs:
Indonesia JAKARTA Jakarta Chevron Tokyo Masela Singapore KUALA LUMPUR
Top related orgs:
Petronas - 2 Thomson - 2 REUTERS - 1 Indonesia - 1 Shell - 1 Chevron - 1 Indonesia Deepwater Development - 1 Eni - 1

Search resuls for: "Masela"


3 mentions found


☆ Indonesia's gas ambition faces investor test with Shell, Chevron exits
  + stars: | 2023-08-11 | by ( Fransiska Nangoy | Thomson Reuters | Based In Jakarta | ) www.reuters.com   time to read: +6 min
Key hurdles for the two projects include the country's caps on domestic gas prices, limits on gas exports and the high costs for carbon capture and storage - required for new gas projects to help fight global warming. Last month, Shell (SHEL.L) said it would sell its holding in the Masela project to Indonesia's Pertamina and Malaysia's Petronas, while Chevron (CVX.N) agreed to sell its stake in the IDD project to Italy's Eni (ENI.MI). Reuters GraphicsNEW TERMS NEEDEDOnce one of the world's top five liquefied natural gas (LNG) exporters, Indonesia's LNG exports have halved in the past decade, Kpler data showed. The country has not approved a major oil or gas project since 2016 - the expansion of BP's (BP.L) Tangguh LNG plant. The current formula for splitting revenue between the government and investors in gas projects sets the base rate at 48% for companies.
Persons: magnifier, Dado Ruvic, Benny Lubiantara, Andrew Harwood, Wood Mackenzie, SKK Migas, Benny, Prateek Pandey, Takayuki Ueda, Naing, Inpex's Ueda, Fransiska Nangoy, Bernadette Christina Munthe, Emily Chow, Yuka Obayashi, Florence Tan, Sonali Paul Organizations: REUTERS, Indonesia, Shell, Chevron, Indonesia Deepwater Development, Petronas, Eni, Essential Services, Reuters, Indonesia Petroleum Association, Rystad Energy, BMI Research, Fitch Group, Tcf, Thomson Locations: Indonesia, JAKARTA, Jakarta, Chevron, Tokyo, Masela, Singapore
☆ Indonesia's Pertamina, Malaysia's Petronas aim to take over Shell's Masela stake
  + stars: | 2023-06-26 | by ( Emily Chow | ) www.reuters.com   time to read: 1 min
KUALA LUMPUR, June 26 (Reuters) - Indonesia's state energy company Pertamina and Malaysia's Petroliam Nasional (Petronas) plan to jointly take over Shell's participating interest in the Masela gas project, Indonesia's energy minister said on Monday. Shell currently has 35% of the shares in the project and authorities are keen for the companies to complete the deal to move the project forward after years of delay. "They are both doing the negotiation," the minister, Arifin Tasrif, told Reuters, referring to Pertamina and Petronas. "They have to finalise what kind of joint scheme they are preparing," he said on the sidelines of an Energy Asia conference. Reporting by Emily Chow, Writing by Fransiska Nangoy Editing by Shri Navaratnam, Robert BirselOur Standards: The Thomson Reuters Trust Principles.
Persons: Shell, Arifin Tasrif, Emily Chow, Fransiska, Shri Navaratnam, Robert Birsel Organizations: Petronas, Reuters, Energy, Thomson Locations: KUALA LUMPUR, Petroliam Nasional, Energy Asia
☆ South Korea Halloween disaster leaves desperate families seeking word of missing
  + stars: | 2022-10-30 | by ( Ju-Min Park Heekyong Yang | Ju-Min Park | Heekyong Yang | ) www.reuters.com   time to read: +2 min
That was the last time Aby, a Seoul resident from the Ivory Coast, saw him. Bureaucrats who typically handle birth certificates or housing registrations sought to help hundreds of distraught people seeking details of their relatives. [1/4] Family members of people missing after a stampede during Halloween festivities, gather at a community service center in Seoul, South Korea, October 30, 2022. With no sign of news about the son, Aby left the centre for the Ivory Coast embassy. "The families need to get this certificate from the police, then we can release the bodies to the families," the official said.
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