#oil production

Collection of oil production news, found 418 news.

Chevron to operate Siak Block again

The Upstream Oil and Gas Regulatory Special Task Force (SKK-Migas) said PT Chevron Pacific Indonesia (CPI) was likely ...

MCL hopes to boost crude oil production from Cepu block

Mobil Cepu Limited (MCL) said it plans to boost its crude oil production from the Banyuurip A field in the Cepu Block ...

Indonesia remains attractive to oil and gas investment

President Susilo Bambang Yudhoyono has convinced the industrialists that Indonesia remained attractive to oil and gas ...

Govt to propose oil lifting at 840,000 bpd

The government is to propose oil lifting (net production) at 840,000 barrels per day (bpd) in the revised 2013 state ...

Indonesia`s crude oil production up slightly

The Upstream Oil and Gas Regulating Unit SKK Migas) said the country recorded a slight increase in its oil production ...

Govt certain to revise growth target: Minister

The government is certain to revise downward the economic growth target of 6.8 percent for 2013 as the global economy ...

President calls for increasing investment

President Susilo Bambang Yudhoyono has asked for increasing investment in all sectors including the oil and gas sector ...

Sebatik Island has potential for palm oil investment

Sebatik Island in Nunukan District, North Kalimantan, has the potential for investors to develop palm oil processing ...

Indonesia`s bid on EGS list yet to receive green light

Members of APEC have yet to reach an agreement on Indonesia`s bid to propose the inclusion of crude palm oil on the ...

Govt need not raise fuel prices: Observer

The government need not raise fuel oil prices in the face of increasing burden of the state budget, economic observer ...

Indonesian govt asked to raise subsidized fuel prices

The Institute for Economics and Finance (INDEF) has recommended that the government raise subsidized fuel prices to ...

Pertamina must take over Siak Block oil field

Pertamina as a state-owned oil company must take over the Siak Block oil field from Chevron whose contract is to end ...

Almost four million Indonesians live on palm oil

About 3.7 million people in Indonesia live on oil palm plantations, a senior agriculture ministry said. Speaking ...

Goods procurement in upstream oil saves US$226 million

Efficiency conducted in the procurement of goods and services in upstream oil and gas area in 2012 successfully saved ...

RI to maintain CPO export taxes

The Indonesian government will consistently implement its progressive crude palm oil (CPO) export taxes in an effort ...