#oil lifting

Collection of oil lifting news, found 129 news.

Indonesian govt accounts for US tariff in 2026 Draft State Budget

Indonesia's Draft State Budget (RAPBN) for the 2026 fiscal year has accounted for the 19-percent import tariff ...

Community oil wells to boost production by August

The Special Task Force for Upstream Oil and Gas Business Activities (SKK Migas) aims to start selling oil produced from ...

Gas, oil imports from US must be cost-efficient: Lahadalia

Energy and Mineral Resources (ESDM) Minister Bahlil Lahadalia has emphasized that Indonesia’s imports of energy ...

Energy Ministry sets strategies for long-term energy security

Deputy Minister of Energy and Mineral Resources Yuliot stated that his ministry is currently developing various ...

New fields-driven June oil production reaches 602,000 bpd

Indonesia's crude oil production reached 602 thousand barrels per day (bpd) as of June 29, 2025, supported by the ...

Oil output at Cepu Block up 30,000 barrels per day

President Prabowo Subianto on Thursday announced that oil production at the Banyu Urip Oil Field in Cepu Block, East ...

Capable of withstanding oil price shocks from Israel-Iran tensions: RI

Indonesia is confident of withstanding global oil price volatility in the wake of Israeli strikes on Iran, Deputy ...

Govt seeking to expand clean energy cooperation with Norway

Foreign Minister Sugiono said that Indonesia is keen to broaden collaboration with Norway for the development of clean ...

RI's Q1 2025 oil lifting hits 96 percent, gas surpasses goal

Indonesia's oil lifting in the first quarter (Q1) of 2025 reached 580 thousand barrels per day (BPH), hitting 96 ...

Govt invites investors to build LPG factories to reduce imports

Energy and Mineral Resources Minister Bahlil Lahadalia has invited investors and entrepreneurs to set up liquefied ...

CPO-derived biodiesel in RI's energy security strategies: Task force

The Task Force for the Acceleration of Downstreaming and National Energy Security stated that biodiesel produced from ...

Government targeting to tender 60 oil and gas blocks by 2027

Energy and Mineral Resources Minister Bahlil Lahadalia aims to tender all 60 oil and gas working areas by 2027 to ...

Indonesia's trade balance records surplus for 54 consecutive months

Indonesia's trade balance has remained in surplus for the past 54 months amid a weakening global economy, according ...

Government focuses on oil and gas exploration in eastern Indonesia

The government is currently focusing on conducting upstream oil and gas exploration in the eastern region of Indonesia, ...

Parliament greenlights 2025 State Budget, FM advises prudence

The House of Representatives (DPR) approved the 2025 State Budget Bill during a plenary meeting of the parliament on ...