#oil and gas production

Collection of oil and gas production news, found 156 news.

Indonesian oil law revision to be wrapped up next year

A special Committee set up by the House of Representatives said it hopes revision of the Law on Oil and Gas could be ...

Goods procurement in upstream oil saves US$226 million

Efficiency conducted in the procurement of goods and services in upstream oil and gas area in 2012 successfully saved ...

Indonesia entering year of oil well drilling

Head of the Upstream Oil and Gas Regulatory Special Task Force (SKK Migas) Rudi Rubiandini has said that Indonesia is ...

Batam sets investment target of US$350 million for 2013

The Batam Free Trade Zone (FTZ) authority has set itself the target of attracting 90 foreign investors in 2013 with ...

Oil, gas revenues expected to fall short of target

State revenues from the oil and gas sector this year are predicted to fall short of the target of US$31.7 billion ...

Oil and gas production down due to bad weather

Bad weather conditions have made production of oil and gas in Indonesia to drop, according to upstream oil and gas ...

Chevron has right to reduce investment: SK Migas

SK Migas, the temporary regulator of the upstream oil and gas sector, has stated that it is up to Chevron to decide ...

Pertamina aims to be Asia's energy champion in 2025

State-owned oil and gas firm PT Pertamina has set itself the target of being Asia's energy champion in 2025 by ...

Lack of legal certainty hinders oil, gas investment

The government will have difficulties attracting investment in the upstream oil and gas sector next year due to a lack ...

Oil contractors seek end of uncertainties

Oil and gas contractors have urged the government to put an end to the uncertainties surrounding the sector, in the ...

Pertamina EP makes profit of Rp14.3 trillion

PT Pertamina EP, the upstream business unit of state-owned oil and gas company PT Pertamina, books a net profit of ...

BP Migas predicts oil production to reach only 870,000 bpd

Indonesia`s oil and condensate production is expected to reach only 870,000 barrels per day until the end of this ...

FieldPoint Petroleum and Partner Cimarex Complete Second Producing Well in Lea County, New Mexico

- FieldPoint Petroleum Corporation (NYSE/MKT:FPP) announced today that the Company and its drilling partner Cimarex ...

Pertamina EP posts Rp9.8 tln profit

PT Pertamina EP posted a profit of Rp9.8 trillion in the first semester of 2012 in light of the increase in prices as ...

Iraq wants to supply oil to Indonesia

Iraq wishes to supply oil to developing countries, including Indonesia, according to visiting Iraqi Deputy Prime ...