#upstream

Collection of upstream news, found 270 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 ...

Government to establish special body to develop new, renewable energy

The Indonesian government is planning to set up a special corporate body to develop new and renewable energy in ...

Pertamina targets US$1.61 billion net profit

State-owned energy company PT Pertamina has set a target of earning a net profit of US$1.61 billion next year despite ...

Smelters help optimize domestic industry: Officer

Director General of Mineral and Coal Bambang Gatot Aryono said the regulation requiring mining companies to build ...

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 ...

Several German companies interested to invest in automotive component industry

Several German companies have expressed interest to invest in automotive component manufacturing industry using ...

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 ...

American Capital Energy & Infrastructure Expands North America Investment Team

- American Capital Energy & Infrastructure announced today that it has expanded its North America investment team ...

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 ...

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 ...

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 ...