#oil production

Collection of oil production news, found 429 news.

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 ...

Indonesia produced 792 thousand barrels of oil in 2015

Indonesia produced 792 thousand barrels of oil in 2015, which was below the set target of 825 thousand, according to ...

BSP-Pertamina overshoots oil production target

The Joint Operation Body (BOB) of PT Bumi Siak Pusako and PT Pertamina Hulu overshot its crude oil production target ...

Indonesia rejoins OPEc to build energy resilience

Indonesia, which suspended its membership of the Organization of Petroleum Exporting Countries (OPEC) at the end of ...

Pertamina to invest $30 billion to raise crude oil production

State oil and gas company, PT Pertamina, plans to set aside up to US$30 billion until 2025 to raise crude oil ...