#oil production

Collection of oil production news, found 418 news.

RI expecting peaceful settlement in Libya

Indonesia has expressed concern over the current security situation in Libya and hope that a peaceful settlement will ...

Minister admits 2012 oil lifting target difficult to achieve

Finance Minister Agus Martowardoyo has admitted the oil lifting target of 950,000 barrels per day set in the draft ...

Three CPO factories to be built in Pesisir Selatan

Three crude palm oil (CPO) processing plants soon will be built in Pesisir Selatan regency, West Sumatra province. ...

RI`s crude oil production reaches 910,000 bpd

Indonesia`s crude oil production has until now reached 910,000 barrels per day which is still below June`s production ...

Pertamina conducts maiden lubricant export to Korea

State oil and gas company PT Pertamina has conducted a maiden export of lubricating oil totaling three containers for ...

House agrees 1.9 million additional fuel quota

House of Representatives (DPR)`s Commission VII on energy affairs agreed to the government proposal to increase the ...

Oil lifting target set at 945,000 Bpd

The government and the House of Representatives (DPR) have agreed to set the oil lifting target for the revised 2011 ...

BP migas proposes assuming oil production at 945 thousand bpd

The Oil and Gas Upstream Regulatory Agency (BP Migas) has proposed to set the assumed crude oil and condensate ...

Pertamina to pay Rp7.12 Trilllion in dividends

State oil and gas firm Pertamina has decided to distribute dividends of Rp7.12 trillion or 42.46 percent of its last ...

RI`s 2012 oil production estimated at only 882,140 bpd

Indonesia`s crude oil and condensate production in 2012 is estimated to reach only 882,140 barrels per day (bpd), ...

BP Migas targets Cepu construction to start in August

The Upstream Oil and Gas Regulator (BP Migas) targeted the construction of oil production facilities with a capacity ...

BP Migas estimates oil production at only 933 thousand bpd

The Upstream oil and Gas Regulating Agency BP Migas has predicted that the country`s oil production now stood at only ...

Govt considering 70:30 oil production sharing split

The government is considering the application of a profit-sharing split of 70 percent for the state and 30 percent ...

News Focus: RI Crude Production Declining

Once an oil exporter, Indonesia this year is expected to import about 500,000 barrels of crude per day as its ...

Minister promises to increase oil production

Energy and Mineral Resources Minister Darwin Saleh has promised to increase the country`s crude oil production as ...