#oil production

Collection of oil production news, found 425 news.

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 ...

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 ...

Control food prices to manage inflation in 2017: Minister

The government should control domestic food prices to keep inflation in 2017 below the projected four percent, ...

Toyoya Indonesia`s exports down 5%

PT Toyota Motor Manufacturing Indonesia (TMMIN) saw its car exports falling 5% to 165 thousand units this year from ...

Minister emphasizes importance of accelerating energy availability

State Enterprises Minister Rini Soemarno has stressed the importance of accelerating energy availability in the midst ...

Kadin supports Indonesia out of OPEC

Hardini Puspasari, the chairperson of the Standing Committee of Cooperation Assistance/Development of Renewable Energy ...

Suspension of OPEC membership has little effect on budget: Coordinating minister

Coordinating Minister for Economy Darmin Nasution said the effect of the country quitting OPEC is insignificant on the ...

Balance of payment surplus predicted to continue this year

Bank Indonesia Governor Agus Martowardojo predicted the country would continue to chalk up surplus in its balance of ...

Cepu block oil production up to 185,000 barrels per day

ExxonMobil Cepu Limited (EMCL) said crude oil production of the Banyuurip field of the Cepu block in the regency of ...

Pertamina projects 656,000 barrels per day in 2016

The oil and gas state-owned company, PT Pertamina has projected it will produce 656 thousand barrels of oil equivalent ...

Pertamina`s oil and gas production increases 12.5 percent

The oil and gas production of state-owned oil and gas company Pertamina rose by 12.5 percent during the first semester ...

Govt plans to build five floating storages for LNG

The Indonesian government has set itself the target of building five more floating storage and re-gasification units ...

Govt submits draft revision of 2016 state budget to house

The Indonesian government has submitted a draft revision of the 2016 state budget (RAPBNP) to the House of ...

President Jokowi meets European Parliament president

President Joko Widodo (Jokowi) has met the President of European Parliament, Martin Schulz, and discussed potential ...

Indonesia`s planned moratorium on oil palm concessions lauded

President Joko Widodos announcement last week about a plan to impose a moratorium on new permits for oil palm ...