#indonesian oil

Collection of indonesian oil news, found 83 news.

PetroChina to drill two oil wells in Jambi

The oil and gas company PetroChina will carry out drilling for two new wells in April 2016 in an effort to develop ...

The future still gloomy for palm oil business

Oil palm farmers and companies in the country are feared to be disappointed that their hope of a better year in 2016 ...

Oil, gas reserves increase by 5.2 billion

The National Exploration Committee (KEN) has announced that Indonesian oil and gas reserves now have a potential ...

Pertamina makes US$570 million net profit

- Indonesias state-owned power company PT Pertamina earned a net profit of US$570 million (Rp7.4 trillion) in the first ...

Indonesian crude price plunges in January

The average Indonesian crude price in January 2015 tumbled US$14.26 per barrel to US$45.30 per barrel from US$59.56 ...

Indonesian oil subsidy set at Rp81 trillion in revised 2015 budget

The Indonesian government has set a fuel subsidy of only Rp81 trillion in the 2015 revised budget, down from Rp276 ...

Indonesian crude price declined in December 2014

The Indonesian crude price (ICP) saw a US$15.83 per barrel fall to US$59.56 per barrel in December 2014 from US$75.39 ...

Environmental NGOs, Businessmen Criticize New Peatland Regulation

- It is crucial that peatlands in Indonesia are protected as they cover some 22 million hectares of land in the ...

Indonesia convinced to meet oil lifting target

Indonesian oil officials are optimistic that the government will meet its oil lifting target this year, although it ...

Indonesia expected to produce 100 million oil palm sprouts

The Indonesian Palm Seed Communication Forum has estimated that Indonesias palm seed production this year is expected ...

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 ...

Dahlan urged to explain reports of PGN to takes over Pertagas

Minister for state enterprises Dahlan Iskan was urged to explain to the public report about PT Pertaminas stake in PT ...

Entrepreneurs ask government to raise gas fuel`s price to Rp4,500

Indonesian Oil and Gas Entrepreneurs Association had asked the government to raise the price of gas fuel for the ...

13 Indonesia's oil and gas projects to begin production

The Upstream Oil and Gas Regulatory Body (SKK-Migas) has predicted that a total of 13 oil and gas projects will begin ...

President to officially open palm oil conference in Bandung

President Susilo Bambang Yudhoyono will officially open the ninth Indonesian Palm Oil Conference (IPOC) in Bandung, ...