#oil block

Collection of oil block news, found 41 news.

Chevron to operate Siak Block again

The Upstream Oil and Gas Regulatory Special Task Force (SKK-Migas) said PT Chevron Pacific Indonesia (CPI) was likely ...

Pertamina must take over Siak Block oil field

Pertamina as a state-owned oil company must take over the Siak Block oil field from Chevron whose contract is to end ...

Indonesian govt should form rival SOE for Pertamina

An economist has suggested that the government form another state-owned oil and gas company as a rival of PT Pertamina ...

Pertamina acquires ConocoPhillips oil block worth Rp168 trillion

Indonesia`s state-owned oil and gas company PT Pertamina has signed an agreement to acquire ConocoPhillips Algeria ...

Cepu Oil Block to produce 22,000 bpd until 2014

The Cepu Oil Block which shares borders in East and Central Java, is predicted to maximally produce 22,000 barrels (of ...

Nunukan`s oil reserves bigger than Brunei`s

Oil reserves in the district of Nunukan in the Indonesian province of East Kalimantan are estimated to be bigger than ...

Pertamina to acquire 20 pc share of Iraqi oil company

PT Pertamina plans to take over one of Iraqi oil companies later this year, State Enterprises Minister Dahlan Iskan ...

People want fair deal or foreign firms taken over

Alarmed by the increasing rate at which foreign companies are gaining control over Indonesia`s national resources, ...

Govt needs to anticipate expiry of oil contracts

Indonesia Resource Studies (Iress) Marwan Batubara reminds the government of the need to take strategic and beneficial ...

Pertamina ready to increase West Madura`s oil production

State oil and gas company PT Pertamina planned to increase West Madura block oil production to 30,000 barrels per ...

Govt to offer 50 oil, gas blocks in 2011

The government is to offer 50 oil and gas blocks in Indonesia to interested parties in two auctioning rounds in 2011, ...