#oil and gas sector

Collection of oil and gas sector news, found 286 news.

ICP increased to US$42 per barrel until September

The Indonesian Crude Price (ICP) rose by an average of US$4 to US$42 per barrel in the year ending September 30, 2020, ...

Pertamina's oil, gas production 98% of target as of July

State-run oil company PT Pertamina Group, as of July, produced 875 thousand barrel of oil equivalent per day (MBOEPD), ...

SKK Migas awarded to acknowledge success in corruption prevention

The Corruption Eradication Commission (KPK) presented an award to the Upstream Oil and Gas Regulatory Special Task ...

Ministry upbeat about food and beverage exports rising amid pandemic

The Trade Ministry is optimistic of exports of food and beverage products increasing during the COVID-19 pandemic, with ...

Kadin requests government to build gas pipeline in Trans-Kalimantan

West Kalimantan Chapter demanded the government to quickly begin construction of the Trans-Kalimantan natural gas ...

Indonesia posts US$743.4 million trade balance surplus in March 2020

Indonesia's trade balance recorded a surplus of US$743.4 million in March 2020, with exports valued at $14.09 ...

Car sales fall as coronavirus outbreak cuts demand

The automotive sector has been among the worst affected by the coronavirus outbreak in Indonesia, with demand for motor ...

Minister forecasts budget deficit to reach 2.2-2.5 percent of GDP

Indonesia's state budget deficit is expected to reach a range of 2.2 to 2.5 percent of the Gross Domestic Product ...

PGN to supply LNG for 3,000 logistics trucks

Indonesia's state-run gas company PT Perusahaan Gas Negara Tbk (PGN) will supply liquefied natural gas (LNG) for ...

Indonesia clocks US$864-million trade deficit in January 2020

Indonesia's trade balance in January 2020 witnessed a deficit of US$864 million, with export value totaling $13.41 ...

Investment in Indonesia's oil, gas still attractive: Energy Ministry

Neptune Energy West Ganal B.V. has won the tender for the exploration of the block. Separately, he said, British ...

Government arms up with oil, gas mafia eradication strategy

The government is honing its arsenal through a strategy to eliminate mafia practices in the oil and gas sector that are ...

National Police oversee oil refinery projects, stop mafia

The Indonesian Police will supervise the construction of several oil refineries belonging to Pertamina up until their ...

SKK Migas targets one million bpd oil production in 2031

The Upstream Oil and Gas Regulatory Task Force (SKK Migas) has outlined a target to boost Indonesia’s oil ...

Indonesia's trade deficit touches US$1.33 billion inb November

Indonesia recorded a trade deficit of US$1.33 billion in November 2019, with exports reaching $14.01 billion and ...