#crude oil

Collection of crude oil news, found 512 news.

Export price of Indonesian rubber remains low

The export price of Indonesian rubber remains low, ranging between US$2.16 and US$2.18 per kilogram, due to the ...

Chevron to increase investment by US$12 billion

Chevron Indonesia has made a commitment to increase its investment by US$12 billion in a deep sea gas field ...

Indonesia`s trade deficit reaches US$5.6 billion

Indonesias trade deficit from January to November 2013 reached US$5.6 billion, caused by oil/gas trade deficit ...

Pertamina has right over siak oil block: Riau Governor

Acting Riau Governor Djohermansyah Djohan said the law has given state energy company Pertamina the right over the ...

Indonesian govt to allocate Rp300 bln for refinery`s basic engineering design

The Indonesian government will allocate Rp300 billion next year for the basic engineering design (BED) of an oil ...

Pertamina, Thai company to acquire Hess oil and gas block

State energy company PT Pertamina and PTTEP, a Thai oil company, agreed to acquire oil and gas blocks of Hess ...

Govt to continue financing Rp90 trillion refinery

The government will continue to finance the construction of an oil refinery with an estimated capacity of 300 thousand ...

Economy projected to grow six percent next year

Indonesias economy has been projected to grow six percent in fiscal 2014, down from 6.3 percent in the previous fiscal ...

Pertamina president answers anti-graft body summons

President Director of the states oil and gas company PT Pertamina Karen Agustiawan responded to the anti-graft bodys ...

Indonesia's oil production over 200 thousand bpd

State-owned oil and gas firm Pertamina has said that the country`s condensate and crude oil production has been ...

Pertamina`s oil production target exceeds state budget assumption

PT Pertamina EP has set its crude oil and condensate production target at 125,000-127,000 barrels per day, exceeding ...

Energy minister claims he is not involved in Rudi`s case

Energy and Mineral Resources Minister Jero Wacik claims he is not involved in the graft case of former Upstream Oil ...

Indonesia`s crude oil production averages 834,000 barrels per day

Head of the upstream oil and gas regulating agency (SKK Migas) Rudi Rubiandini predicted that the country`s production ...

Minister to review oil price from Egypt coup impact

Indonesia`s Finance Minister M. Chatib Basri said the government would review the Indonesia Crude Price (ICP) as the ...

Pertamina finds new oil reserves in South Kalimantan

Pertamina EP said it has found new oil and gas reserve in the Sungai Jaing area of the Tabalong regency , South ...