#oil production

Collection of oil production news, found 429 news.

Energy minister gives priority to refinery plant development

Energy and Mineral Resources Minister Sudirman Said has stated he would give priority to the development of refinery ...

Introducing the World's First Online FPSO Community

- The FPSO World Congress 2014 sees the launch of the FPSO Network - the World's First International Resource Centre ...

Pertamina to acquire oil, gas block in Malaysia

State oil and gas company Pertamina is in the process of acquiring a 30 percent stake in US oil and gas firm Murphy ...

Indonesia sets higher oil production target for 2015

The government and the House of Representatives have agreed to raise the countrys oil production target to 900,000 ...

Indonesia convinced to meet oil lifting target

Indonesian oil officials are optimistic that the government will meet its oil lifting target this year, although it ...

Price of Indonesian crude oil below US$100 per barrel in August

The prices of Indonesian crude oil (ICP) averaged below US$100 per barrel in August, based on data at the energy and ...

New oil reserve discovered in Riau: Governor

Governor of Riau Province Annas Maamun revealed on Monday that a new oil reserve, presumably the biggest in Riau, was ...

Jokowi needs to announce fuel price policy

Joko Widodo-Jusuf Kalla (Jokowi-JK) presidential pair has to announce fuel price policy as soon as they are ...

SKK Migas receives sixth unqualified opinion rating

The State Audit Board (BPK) has given the unqualified opinion rating for the sixth time to the Upstream Oil and Gas ...

RI`s oil output forecast to increase in second half

The Special Task Force for Upstream Oil and Gas Business Activities (SKK Migas) has forecast that Indonesias crude oil ...

Pertamina denies crude import by brokers

State-owned oil and gas company Pertamina has denied that crude imports have been done by involving traders and ...

Murphy Oil drills two exploration wells in Papua

Murphy Oil is drilling two oil exploration wells in Semai II Block, Fak-Fak offshore, West Papua, at a cost of US$30 ...

Energy crisis threat to economic resilience: Expert

Energy crisis in Indonesia is feared to weaken the countrys economic resilience, an expert said. Shrinking energy ...

Pertamina on course to acquire five foreign assets

PT Pertamina is in the process of acquiring five foreign assets of oil and gas blocks in order to reach 2.2 million ...

RI Needs To Explore New Oil Fields To Increase Production

Indonesia needs to boost oil exploration activities to find new oil fields and increase domestic production, so that ...