#oil production

Collection of oil production news, found 419 news.

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 ...

Economic growth in draft state budget revision is 5.5 percent

Finance Minister Chatib Basri said the government will revise down the assumed economic growth rate in the draft ...

Cepu oil output predicted to reach 165,000 barrels per day

The upstream oil and gas regulator (SKK Migas) said it is optimistic the crude oil production target of 165,000 barrel ...

Pertamina`s net profit up 11 percent in 2013

Indonesias oil and gas company PT Pertaminas net profit rose by around 11 percent to reach US$3.07 billion in 2013, up ...

Oil lifting below target in 2013

The Upstream Oil and Gas Regulator (SKK Migas) said the countrys oil production in 2013, averaged 825,000 barrels per ...

Bad weather reduces RI`s oil output by 70 thousand BPD

Indonesias crude oil and condensate production fell 70 thousand barrels per day (bpd) to 745 thousand bpd due to bad ...

Govt to revise its oil lifting to 820,000 bpd

The government plans to revise its crude oil and condensate lifting in the Revised 2014 State Budget to 820 thousand ...

Chevron to increase investment by US$12 billion

Chevron Indonesia has made a commitment to increase its investment by US$12 billion in a deep sea gas field ...

SKK Migas sets higher investment target for 2014

The Upstream Oil and Gas Regulator (SKK Migas) predicted that investment in upstream oil and gas sector in 2014 would ...

UN reinforcements start arriving in S. Sudan

The first United Nations (UN) peacekeeping reinforcements arrived Friday in South Sudan, where the government is said ...

Fighting rages in South Sudan oil regions

Heavy fighting between government forces and rebels was raging Thursday in South Sudans key oil-producing north, ...