#upstream oil and gas

Collection of upstream oil and gas news, found 48 news.

Minister surprised over high gas production cost

Minister of Energy and Mineral Resources (ESDM) Ignatius Jonan has said that he was surprised to see the rise in ...

Chevron not to seek extension for East Kalimantan Block contract

Chevron Indonesia Company said it will not seek extension of its production sharing contract for the East Kalimantan ...

BSP-Pertamina overshoots oil production target

The Joint Operation Body (BOB) of PT Bumi Siak Pusako and PT Pertamina Hulu overshot its crude oil production target ...

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 ...

Sutan Bhatoegana ready to go to jail

A lawmaker of the ruling Democratic Party Sutan Bhatoegana said he was ready to be thrown in a detention cell of the ...

Government to meet 46 million kiloliters of subsidized fuel quota

The government is optimistic that it will meet its subsidized fuel quota of 46 million kiloliters as set in the ...

Energy crisis threat to economic resilience: Expert

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

Wintermar Offshore Marine (IDX:WINS) Shareholders Approve 20% of Net Profit in Stock and Cash Dividend, New Share Offering

The Shareholders of PT Wintermar Offshore Marine (IDX:WINS) have approved a stock and cash dividend payout totaling ...

Anti-graft agency to question 12 witnesses in Sutan case

The Corruption Eradication Commission (KPK) will interrogate 12 witnesses in an alleged corruption case involving ...

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 ...

Oil spill of Petro Selat pollutes environment

The oil spill from a leaked well of PT Petro Selat, in Siak District of Riau Province, has polluted the environment in ...

Rudi Rubiandini sentenced to 7 years` imprisonment

Former head of the Upstream Oil and Gas Regulator (SKK Migas) Rudi Rubiandini was sentenced on Tuesday to 7 years ...

Wintermar Offshore Marine (IDX:WINS) Records 30% Growth in Net Profit for 1Q2014

PT Wintermar Offshore Marine (IDX:WINS) recorded 30% growth in net profit to US$7.6 million for 1Q2014 compared to ...

Lampung`s floating gas terminal to be operational in 2014

Construction of Lampung`s floating storage and regasification unit (FSRU) by Hyundai Heavy Industries Co Ltd is ...