#oil and gas

Collection of oil and gas news, found 2.759 news.

Pertamina to build three oil refinery projects in 2017

State-owned oil and gas firm PT Pertamina hopes it will see the groundbreaking of the development of three oil ...

Indonesia`s imports in 2016 down 5 percent from 2015

The Central Bureau of Statistics (BPS) said the countrys imports were valued at US$135.65 billion in 2016, or 4.94 ...

Indonesia`s trade balance sees US$8.78 billion surplus

Indonesias 2016 trade balance saw a surplus of US$8.78 billion compared to 2015, driven by a 1.99 percent rise in ...

Banten`s exports up 28.43% in value

Banten recorded a 28.43% increase in exports to US$941.27 million in November 2016 from the same period a year ...

China remains biggest market for Riau`s exports

China remained the biggest market for Riau provinces non-oil/non-gas exports in the January-November 2016 period, with ...

Indonesia`s foreign exchange reserves reach US$116.4 billlion

Bank Indonesia (BI) reported a total of US$116.4 billion worth of foreign exchange reserves in December, up by US$4.9 ...

E. Kalimantan`s exports down in value

Exports of East Kalimantan Province dropped 22.91% to US$12.47 billion in the first 11 months of 2016 year-on-year. ...

Exxonmobil waiting for Amdal to raise Cepu Block production

ExxonMobil Indonesia said it is awaiting environment license from the Environment and Forestry Ministry before ti ...

Pertamina needs Rp1,000 trillion investment to catch up with Petronas

PT Pertamina said it needs an investment of at least Rp1,000 trillion and 10 years to catch up with Malaysian rival ...

Pertamina targets 264 thousand BOEPD oil, gas production

PT Pertamina EP and contractors under the Oil and Gas Special Unit are targeting 264,000 barrels of oil equivalent per ...

Budget deficit reached 2.46 percent last year: Finance minister

Indonesias temporary deficit in the revised 2016 state budget had reached Rp307.7 trillion, accounting for 2.46 ...

Lahendong, Ulubelu geothermal power plant absorb thousands of workers: President Jokowi

President Joko Widodo (Jokowi) has said the geothermal power plants of Lahendong (Units 5 and 6) and Ulubelu (Unit 3) ...

Inpex to receive seven-year contract extension

Coordinating Minister for maritime Affairs Luhut Binsar Panjaitan confirmed that Inpex Corporation, operator of the ...

2016 Indonesia oil production exceeds target

Indonesias oil and gas production this year exceeded the target set in the 2016 revised state budget (APBNP 2016) at ...

Pertamina targets US$3.04 bln profit in 2017

State-owned oil and gas company PT Pertamina has set a net profit target of US$3.04 billion or Rp40.95 trillion in ...