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Indonesian energy minister seeks to rejoin Opec

Published Thu, May 7, 2015 · 09:50 PM

Jakarta

INDONESIA'S energy minister said on Thursday he would ask for President Joko Widodo's approval for the country to rejoin Opec seven years after leaving the oil exporters' group.

Indonesia was the only Asian member of the Organization of the Petroleum Exporting Countries for nearly 50 years, before leaving the group in late 2008 as rising domestic demand and falling production turned it into a net oil importer.

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International

International

Indonesian energy minister seeks to rejoin Opec

International

Biden now calls ally Japan ‘xenophobic’ along with China, Russia

Japanese companies struggle with yen’s continued weakness

Australia’s March goods trade surplus narrows to more than 3-year low

Hong Kong holds rate as Fed signals inflation concerns

Australian business strength is shocking even its biggest lender

South Korea’s factory activity shrinks in April, but optimism about outlook ticks up

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