#crude oil production

Collection of crude oil production news, found 49 news.

Pertamina EP overshoots production target

PT Pertamina EP, a subsidiary of state energy company PT Pertamina produced oil and gas averaging 260,500 barrels of ...

Bold step to end years of deficit in current account balance

The government has taken a drastic step by curbing imports mainly import of consumer goods in a bid to prevent a ...

Pertamina expected to use all Indonesian crude oil production

State-owned energy company PT Pertamina is expected to be able to use all Indonesia`s crude oil production to be fed ...

Indonesian crude price reaches highest value in december 2017: Ministry

The Indonesian Crude Price (ICP) recorded the highest value in December 2017 owing to the impact of the Organization ...

Control food prices to manage inflation in 2017: Minister

The government should control domestic food prices to keep inflation in 2017 below the projected four percent, ...

Kadin supports Indonesia out of OPEC

Hardini Puspasari, the chairperson of the Standing Committee of Cooperation Assistance/Development of Renewable Energy ...

Suspension of OPEC membership has little effect on budget: Coordinating minister

Coordinating Minister for Economy Darmin Nasution said the effect of the country quitting OPEC is insignificant on the ...

Cepu block oil production up to 185,000 barrels per day

ExxonMobil Cepu Limited (EMCL) said crude oil production of the Banyuurip field of the Cepu block in the regency of ...

BSP-Pertamina overshoots oil production target

The Joint Operation Body (BOB) of PT Bumi Siak Pusako and PT Pertamina Hulu overshot its crude oil production target ...

Pertamina to invest $30 billion to raise crude oil production

State oil and gas company, PT Pertamina, plans to set aside up to US$30 billion until 2025 to raise crude oil ...

Price of Indonesian crude oil below US$100 per barrel in August

The prices of Indonesian crude oil (ICP) averaged below US$100 per barrel in August, based on data at the energy and ...

SKK Migas receives sixth unqualified opinion rating

The State Audit Board (BPK) has given the unqualified opinion rating for the sixth time to the Upstream Oil and Gas ...

RI`s oil output forecast to increase in second half

The Special Task Force for Upstream Oil and Gas Business Activities (SKK Migas) has forecast that Indonesias crude oil ...

Pertamina denies crude import by brokers

State-owned oil and gas company Pertamina has denied that crude imports have been done by involving traders and ...

Cepu oil output predicted to reach 165,000 barrels per day

The upstream oil and gas regulator (SKK Migas) said it is optimistic the crude oil production target of 165,000 barrel ...