#oil production

Collection of oil production news, found 425 news.

Pertamina posts Rp19.45 trillion net profit

State-owned oil and gas Pertamina has up to the third quarter of 2011 posted a net profit of Rp19.45 trillion, ...

Govt predicts global crude price to reach $100/barrel

The government predicts that the global crude price will reach the level of US$100 a barrel next year, Deputy ...

RI`s energy resilience can be built with five aspects: minister

The government should develop five energy sectors in order to build its national energy resilience, namely gas, ...

RI likely to cut gas exports to Singapore

Indonesia is likely to cut its gas exports to Singapore due to increasing demand for the commodity at home, but a ...

Trade war eroding oil palm industry`s prospects : Sinar Mas

The existence of a trade war is slowly eroding the developmental prospects of the oil palm industry in Indonesia, the ...

RI considering cut in gas exports to Singapore

Indonesia is considering reducing gas exports to Singapore amid difficulties to meet its own domestic need for the ...

London Sumatra`s profit surges 112 pct

Oil palm plantation company PT PP London Sumatra Indonesia Tbk (LSIP) posted a net profit of Rp886.3 billion in the ...

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 ...