08 Oct 2021 11:08
Through the Ministry of Energy and Mineral Resources (ESDM), the Indonesian government had organised a task force to attain the target of lifting oil of 1 million barrels of oil per day (BOPD) and natural gas of 12 billion standard cubic feet per day (BSCFD) by 2030.
03 Sep 2021 20:18
The Indonesian government had acquired investment commitments worth USD 20.3 million from the auction of two oil and gas blocks, South CPP Block and Liman Block.
13 Aug 2021 20:18
PT PP London Sumatra Indonesia Tbk (LSIP) recorded sales of Rp2.18 trillion in 1H2021, rose 39% yoy mainly due to higher sales volume and average selling prices (ASP) of palm products. CPO and PK ASP increased 25% yoy and 56% yoy, respectively.
30 Jul 2021 09:00
PT Chandra Asri Petrochemical Tbk (TPIA) pairs up with Thai Oil Public Company Limited (Thaioil) to establish Chandra Asri Petrochemical (CAP) 2 factory.
14 Jun 2021 22:39
Cargill is building a new US$200 million palm oil refinery in Lampung, Indonesia. Construction of this new state-of-the-art refinery has begun, and construction is expected to be completed by the end of 2022.
29 Apr 2021 09:37
PT Cisadane Sawit Raya Tbk (CSRA) booked sales revenues of IDR 607.25 billion during FY20, increased 23.4% compared to the same period last year.
27 Apr 2021 13:11
PT Pertamina (Persero) anticipated the sudden increase in fuel oil (BBM) and liquefied petroleum gas (LPG) consumption despite the homecoming ban applied this year.
22 Jan 2021 10:52
PT Pertamina (Persero) has just launched a VLCC (Very Large Crude Carrier), or a large oil carrier, with a capacity of 2.04 million barrels.
01 Dec 2020 07:16
PT Elnusa Tbk (ELSA) is developing the chemical enhanced oil recovery (EOR) technology in order to optimise national oil and gas production.
01 Oct 2020 13:22
Royal Dutch Shell PLC has announced that it will slash up to 9,000 jobs or over 10% of its global workforce as part of its effort to transition to low-carbon energy.