Caltex Sings a 'Barrel of Blues'

Have times changed, when the strong are the guaranteed victors? The Court decision to uphold the Pekanbaru District Court ruling to seize oil tanks belonging to PT Caltex Pacific Indonesia—Pertamina's largest joint oil-producing contractor—containing raw petroleum worth Rp40 billion is strong evidence of the changing economic and legal arena. Ironically, the court's judgement came in response to a claim that the Texas-based oil company ...