#oil reserves

Collection of oil reserves news, found 85 news.

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 ...

Indonesia facing energy crisis: SKK Migas

Indonesia is heading for energy crisis that could be averted only by increasing its oil and gas production, an ...

Pertamina, Thai company to acquire Hess oil and gas block

State energy company PT Pertamina and PTTEP, a Thai oil company, agreed to acquire oil and gas blocks of Hess ...

Pertamina acquires shares in West Qurna I in Iraq

Indonesias state-owned oil and gas company PT Pertamina is seeking to acquire 10 percent of the shares of ExxonMobil ...

Pertamina finds new oil reserves in South Kalimantan

Pertamina EP said it has found new oil and gas reserve in the Sungai Jaing area of the Tabalong regency , South ...

RI`s oil reserves reach 4.4 billion barrels: SKK Migas

Indonesia`s oil reserves currently reach 4.4 billion barrels or 0.2 percent of global oil reserves, according to the ...

Goods procurement in upstream oil saves US$226 million

Efficiency conducted in the procurement of goods and services in upstream oil and gas area in 2012 successfully saved ...

Venezuela`s Hugo Chavez dead from cancer

Venezuelan President Hugo Chavez has died after a two-year battle with cancer, ending the socialist leader`s 14-year ...

Venezuela`s Chavez dies at 58

Venezuelan President Hugo Chavez lost his battle with cancer Tuesday, silencing the leading voice of the Latin ...

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 ...

Decree shows Chavez still rules Venezuela

Venezuela`s newly appointed foreign minister said the decree that installed him in office is proof that ailing ...

10 oil contractors suffer US$1.6 billion in losses

A total of 10 oil contractors have suffered from a loss of US$1.65 billion during their operations in Indonesia in the ...

Oil from conocophilips Algeria to feed Pertamina`s refineries

State oil and gas company PT Pertamina said oil from its newly acquired 405a Block operated by ConocoPhillips Algeria ...

Indonesian fuel oil resilience still raises concern

Fuel oil resilience in Indonesia still raises concern and is left far behind that of other countries in Asia, such as ...