#oil production

Collection of oil production news, found 58 news.

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 ...

RI urged to reopen embassy in Baghdad

Iraq Ambassador to Indonesia Ismieal S Muhsin expressed hope Indonesia will reopen its embassy in Baghdad soon. "Up ...

Minister: Palmoil, rubber, promising commodities

State Enterprises Minister Mustafa Abubakar said palm oil and rubber commodities are promising and therefore he called ...

Govt still has no plan to revise assumed oil price

The government still has no plan to revise the assumed domestic crude oil price of US$80.81 a barrel even if the World ...

Energy minister: Power price hike remains

Minister of Energy and Mineral Resources Mineral Darwin Zahedi Saleh said the 18 pct capping of power rates for ...

Pertamina needs new exploration technology to meet 2011 production target

To boost its production in 2011, PT Pertamina EP, a subsidiary of state oil and gas firm PT Pertamina, needs not only ...