#oil production

Collection of oil production news, found 423 news.

Indonesian crude price increases to US$61.32 per barrel

The Indonesian crude price (ICP) stood at US$61.32 per barrel in July 2019, a slight increase of $0.32 per barrel, from ...

Minister Nasution visits Grasse to intensify trade ties

Coordinating Minister for Economic Affairs Darmin Nasution visited Grasse, France, for meeting Grasse mayor as well as ...

Oil potentials in Indonesia need more exploration: association

President of the Indonesian Petroleum Association (IPA) Tumbur Parlindungan expects oil and gas exploration activities ...

Al-Sudais denounces attack over Aramco's pumping stations

 The President of the General Presidency for the Affairs of the Two Holy Mosques, Sheikh Dr. Abdurrahman bin ...

Geopolitical issues spike ICP to US$68.31 per barrel

The turbulence in world politics over the past month has sent the Indonesian Crude Price (ICP) soaring to US$68.31 per ...

News Focus

The Presidential Candidates' strategies to boost economic performance

There are some major differences in how two Indonesian presidential candidates envisioned the future of Indonesian ...

Subianto-Uno pair vows to strive for food and energy self-sufficency

Prabowo Subianto and Sandiaga Uno have vowed to strive for food and energy self-sufficiency to reduce trade deficit if ...

Jokowi vows to stop trade deficit

Incumbent presidential candidate Joko Widodo (Jokowi) has vowed to stop trade deficit by implementing policies to boost ...

News Focus

Indonesia's realistic responses to EU's ban on CPO awaited

Indonesia and Malaysia, dominating the global palm oil production, are reeling from the EU's recent ban on palm ...

Indonesia working hard to deal with EU's ban on palm oil: minister

Indonesia has been working so hard to defend its national interests in facing the European Union's ban on the use ...

Observer: Palm discrimination is a lesson against export dependence

Economist Faisal Basri said Indonesia must learn from the case of discrimination of palm oil and its derivatives by the ...

ICP rises to $61.31 per barrel for February 2019

The alleged sign signifying the near-end of the US and China trade war has pushed the Indonesian Crude Price (ICP) to ...

Government ready to spend $1.1 billion on addressing oil and gas deficit

The Indonesian government is ready to spend US$1.1 billion on oil and gas exploration to address a rising deficit of ...

Police, Pertamina shut down 25 illegal oil wells in Jambi

Jambi Police and the state-run oil firm PT Pertamina have closed down 25 illegal oil drilling wells in the preserved ...

Rupiah falls 31 points on global crude price hike

The Indonesian rupiah fell 31 points to close at Rp14,090 per US dollar in the Jakarta inter-bank spot market on ...