#oil and gas

Collection of oil and gas news, found 2.797 news.

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 ...

Yearender - Govt likely to delay establishment of holding firms

The government plans to establish 15 state-owned holding companies to group by sector some 119 state-owned enterprises ...

Indonesia`s imports in November up 10 percent to $12.65 billion

Indonesias imports rose by 10 percent to US$12.65 billion in November 2016 from US$11.50 billion a month earlier, the ...

Energy will be backbone of Indonesia-Iran cooperation: BKPM chief

The Chief of Indonesias Capital Investment Coordinating Board (BKPM), Thomas Lembong, said here on Thursday that the ...

Indonesia records trade surplus of $837.8m in November 2016

Indonesia recorded a surplus of US$837.8 million in its foreign trade in November 2016, with exports reaching $13.49 ...

RI, Iranian presidents meet to discuss various issues

Indonesian President Joko Widodo (Jokowi) and his Iranian counterpart Hassan Rouhani met in Tehran on Wednesday to ...

President Jokowi meets Indonesian community in Iran

President Joko Widodo (Jokowi) and First Lady Iriana Jokowi held a gathering with the Indonesian community in Tehran, ...

Pertamina to develop gas infrastructure, facilities

State-run oil and gas company PT Pertamina (Persero) plans to improve gas infrastructure and facilities to augment the ...