#oil and gas

Collection of oil and gas news, found 2.904 news.

Government optimistic of realizing one million bpd oil lifting target

The government remains sanguine about realizing the oil lifting target of one million barrels per day (bpd) in ...

Government slashes 2021 state revenue target by Rp32.7 trillion

The government has reduced the state revenue target in 2021 by Rp32.7 trillion to Rp1,743.7 trillion, down from the ...

Indonesia's oil lifting surpasses August target: SKK Migas

National oil lifting (ready-to-sell production) reached 706.9 thousand barrels of oil per day (bopd), as of August 31, ...

Indonesia's forex reserves hit record-peak at US$137 billion in August

Indonesia's foreign exchange reserves rose, from US$135.1 billion in July to $137 billion in August 2020, Executive ...

Gas sales predominantly contribute to PGN's US$1,469.17 million income

State-owned oil and gas company PT Perusahaan Gas Negara Tbk (PGN) posted an income of US$1,469.17 million for the ...

Pertamina assures public of safe fuel supplies despite COVID-19

State-owned oil and gas company PT Pertamina has guaranteed safe nationwide fuel supplies to the public in spite of the ...

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 ...

State revenue realization until July 2020 reached Rp922.2 trillion

Finance Minister Sri Mulyani Indrawati highlighted that the state revenue realization until July 2020 reached Rp922.2 ...

SKK Migas agrees to plan on Paus Biru field development

The Upstream Oil and Gas Regulatory Special Task Force (SKK Migas) has agreed to a plan to develop the Paus Biro field ...

Indonesia posts US$3.26 billion trade surplus for July 2020

Indonesia recorded a trade surplus of US$3.26 billion in July 2020, as exports improved to $13.73 billion and imports ...

Jokowi sets 4.5-5.5 percent economic growth target range in 2021

President Joko Widodo (Jokowi) has set a target range of 4.5-5.5 percent for Indonesia's economic growth rate in ...

Accelerating renewable energy development is important: minister

Energy and Mineral Resources Minister Arifin Tasrif has called attention to the criticality of expediting the ...

Industry Minister optimistic on economic rebound in Q3 2020

Indonesia's Industry Minister Agus Gumiwang Kartasasmita said he is optimistic the economy will improve in the ...

Local Police asked to check security in warehouses storing explosives

Indonesian Police's Intelligence and Security Division (Kabaintelkam) Head Comm. Gen. Rycko Amelza Dahniel ...