#oil reserves

Collection of oil reserves news, found 85 news.

Indonesia's oil reserves to last another 9.5 years: Minister Tasrif

Energy and Mineral Resources Minister Arifin Tasrif projected Indonesia's petroleum reserves to be available for ...

Indonesian government remains wary of hike in global oil prices

The Government of Indonesia maintains a guarded stance over the rise in global oil prices as an outcome of the attack ...

Oil potentials in Indonesia need more exploration: association

President of the Indonesian Petroleum Association (IPA) Tumbur Parlindungan expects oil and gas exploration activities ...

Pertamina finds new oil and gas reserves

In the third quarter of 2019, State oil and gas company PT Pertamina, through its subsidiary PT Pertamina Hulu Energi, ...

Government ready to spend $1.1 billion on addressing oil and gas deficit

The Indonesian government is ready to spend US$1.1 billion on oil and gas exploration to address a rising deficit of ...

Pertamina will not be alone in managing Rokan Block : Jokowi

President Joko Widodo (Jokowi) hopes that PT Pertamina is not alone in managing the Rokan Block in Riau ...

Giant oil discovery possible in Indonesia: Arcandra

Indonesia`s Deputy Energy and Mineral Resources Minister Arcandra Tahar said giant oil discovery is not something ...

Government to optimize use of coal in energy mix

Indonesia has large coal reserves of some nine billion tons, or some 1.2 percent of the world`s total deposits, yet ...

AGO detains Pertamina ex-president director

The Attorney General Office (AGO) has detained former President Director of PT Pertamina (Persero) Karen Galaila ...

Indonesian crude price declining

Indonesian Crude Price (ICP) last August declined by 69.36 US dollars per barrel or going down by 1,33 US dollars per ...

Indonesia invites Brunei to invest in "10 new Bali"

The Indonesian government will invite Brunei`s businessmen to invest in "10 New Bali" during the ...

Indonesia`s proven oil reserves recorded at 3.3 billion barrels

Deputy Minister of Energy and Mineral Resources Arcandra Tahar said Indonesia`s proven oil reserves at present are ...

Pertamina to acquire more oil and gas blocks abroad

State-owned oil and gas company PT Pertamina is seeking to acquire more oil and gas blocks in the country and abroad ...

Indonesia to strengthen commitments with Iran in energy sector

Indonesia will strengthen its commitment to developing the energy sector with Iran, including investment in an oil ...

State-owned energy companies should build synergy: Minister

State owned energy companies and electricity firm PLN should build synergy to boost efficiency and improve peoples ...