#upstream oil and gas

Collection of upstream oil and gas news, found 338 news.

Indonesia`s oil and gas auction system does not sell: Jonan

Energy and Mineral Resources (ESDM) Minister Ignasius Jonan said there was little interest in the countrys oil and gas ...

Mineral resource minister promotes oil, gas investment

The Minister of Energy and Mineral Resources, Ignasius Jonan, has been promoting every effort to improve oil and gas ...

Jangkrik gas to be utilized for electricity generation, fertilizer industry

The gas output from the Jangkrik field in the Muara Bakau Block will be utilized for electricity generation and the ...

Wintermar Offshore (WINS.JK) FY2016 operating profit grows 68% to US$4.9million

Wintermar Offshore Marine (WINS.JK) has announced FY2016 financial results. Operating profit rose 68% YOY to US$4.9M, ...

Pertamina allocates US$190 million for Mahakam exploration

State-run oil and gas company Pertamina has allocated US$190 million for exploration of Mahakam Block in East ...

Exxonmobil waiting for Amdal to raise Cepu Block production

ExxonMobil Indonesia said it is awaiting environment license from the Environment and Forestry Ministry before ti ...

Pertamina needs Rp1,000 trillion investment to catch up with Petronas

PT Pertamina said it needs an investment of at least Rp1,000 trillion and 10 years to catch up with Malaysian rival ...

Inpex to receive seven-year contract extension

Coordinating Minister for maritime Affairs Luhut Binsar Panjaitan confirmed that Inpex Corporation, operator of the ...

2016 Indonesia oil production exceeds target

Indonesias oil and gas production this year exceeded the target set in the 2016 revised state budget (APBNP 2016) at ...

Government to issue decision on transition in Mahakam block operation

The government will issue decision on the transitional period of the operation of the Mahakam gas block off East ...

Lawmaker asks government to issue perppu on oil and gas

A lawmaker urged the government to issue regulation in lieu of law (Perppu) while waiting for the House of ...

Wintermar Offshore (IDX:WINS) 1H2016 Gross Profit Grows 19% to US$10.5M

Wintermar Offshore Marine (IDX:WINS) has reported 1H2016 financial results. Gross profit grew by 19% to US$ 10.5 ...

Cepu block oil production up to 185,000 barrels per day

ExxonMobil Cepu Limited (EMCL) said crude oil production of the Banyuurip field of the Cepu block in the regency of ...

All falling short of targets in upstream oil sector

Oil and gas investors have lost interest that no target was achieved in the upstream oil and gas sector in the first ...

Govt plans to build five floating storages for LNG

The Indonesian government has set itself the target of building five more floating storage and re-gasification units ...