#oil production

Collection of oil production news, found 65 news.

RI`s oil production to hit 900,000 barrels per day, says official

The Upstream Oil and Gas Regulatory Body (BP Migas) has predicted Indonesia`s crude oil and condensate production will ...

ICP reaches 128.14 dollars in March

The price of Indonesian crude oil (ICP) in March 2012 reached 128.14 US dollars per barrel, up 5.97 dollars from ...

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 ...

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 ...

President chairs cabinet meeting on inflation

President Susilo Bambang Yudhoyono here on Monday chaired a plenary cabinet meeting to discuss ways of controlling ...

Indonesia`s economic growth unaffected by oil price surge

Although the world oil price in Asia hovered near $105 per barrel on Tuesday a banker in Jakarta expressed the belief ...

President orders sharpened watch over rising world oil prices

President Susilo Bambang Yudhoyono has instructed Coordinating Minister for Economic Affairs Hatta Rajasa to keep a ...

Govt keeps monitoring global oil prices

The Indonesian government keeps monitoring the movements of global crude prices after they rose 21 percent in the past ...

Government not to change assumptions for Indonesian crude price yet

The government will not change the assumption for the Indonesia Crude Price set for the 2011 budget at US$80 a barrel, ...

Govt wary of possible surge in world oil price

The government is now wary of a potential surge in the world oil price as a consequence of the political upheavals in ...