#oil production

Collection of oil production news, found 425 news.

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 ...

Pertamina offered oil field in Sudan

Indonesia`s state oil and gas company Pertamina has been offered to manage and explore oil and gas fields in Sudan. ...

Indonesia entering year of oil well drilling

Head of the Upstream Oil and Gas Regulatory Special Task Force (SKK Migas) Rudi Rubiandini has said that Indonesia is ...

Gas potential as oil fuel substitute: Minister

Energy and Mineral Resources Minister Jero Wacik said Indonesia could rely on its big gas reserves to make up for ...

New fields expected to turn out 27,000 barrels of oil

The new upstream oil and gas regulator (SKK Migas) said it hope to have additional production of 27,000 barrels of ...

Oil, gas revenues expected to fall short of target

State revenues from the oil and gas sector this year are predicted to fall short of the target of US$31.7 billion ...

Management of upstream oil and gas industry still not conducive

The management of the upstream oil and gas industry is not conducive, and there has been a decline in the rate of oil ...

Oil and gas production down due to bad weather

Bad weather conditions have made production of oil and gas in Indonesia to drop, according to upstream oil and gas ...

Indonesian state revenues up from energy and mineral resource sector

The Indonesian state revenues form the energy and mineral resource sector is estimated to reach Rp415.2 trillion this ...