#oil production

Collection of oil production news, found 84 news.

Indonesia rejoins OPEc to build energy resilience

Indonesia, which suspended its membership of the Organization of Petroleum Exporting Countries (OPEC) at the end of ...

Pertamina to invest $30 billion to raise crude oil production

State oil and gas company, PT Pertamina, plans to set aside up to US$30 billion until 2025 to raise crude oil ...

RI`s oil output forecast to increase in second half

The Special Task Force for Upstream Oil and Gas Business Activities (SKK Migas) has forecast that Indonesias crude oil ...

Pertamina denies crude import by brokers

State-owned oil and gas company Pertamina has denied that crude imports have been done by involving traders and ...

Murphy Oil drills two exploration wells in Papua

Murphy Oil is drilling two oil exploration wells in Semai II Block, Fak-Fak offshore, West Papua, at a cost of US$30 ...

Energy crisis threat to economic resilience: Expert

Energy crisis in Indonesia is feared to weaken the countrys economic resilience, an expert said. Shrinking energy ...

Pertamina on course to acquire five foreign assets

PT Pertamina is in the process of acquiring five foreign assets of oil and gas blocks in order to reach 2.2 million ...

RI Needs To Explore New Oil Fields To Increase Production

Indonesia needs to boost oil exploration activities to find new oil fields and increase domestic production, so that ...

Economic growth in draft state budget revision is 5.5 percent

Finance Minister Chatib Basri said the government will revise down the assumed economic growth rate in the draft ...

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 ...