#oil production

Collection of oil production news, found 418 news.

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 ...

Indonesia can maintain palm oil plantations: Minister Nasution

Indonesia, as the largest palm oil producer, should anticipate challenges and opportunities as well as maintain palm ...

Cepu block oil production rises to new peak

The oil production of the Banyu Urip field in the Cepu block has risen to a new peak at 165,000 barrels per day, its ...

Abolition of fuel subsidy inspires similar steps in other countries: Indonesian official

Indonesias policy abolishing oil fuel subsidy has prompted similar steps in a number of other countries, an official ...

RI encourages downstream palm oil industry

The Indonesian government continues to encourage the downstream palm oil industry as part of its efforts to maintain ...

Indonesia rejects France`s plan to impose palm oil tax

Indonesia has strongly condemned Frances plan to impose progressive tax on all palm oil-based products. The ...

Indonesia to focus on downstream industry

Indonesia will focus on developing its downstream industry to process raw materials and export finished goods with ...

Fall in oil prices will lend momentum to industrial development: KEIN

The National Industry and Economic Committee (KEIN) believes that the decline in the oil prices will lend a momentum ...