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View all search resultsPertamina-Chevron joint venture CAE is ready to launch a survey to discover the geothermal potential of the Way Ratai working area, as part of a $28.85 million project toward the establishment of a geothermal power plant.
The doctrine, among the most important principles in administrative law, arose from a 1984 Supreme Court ruling involving oil company Chevron. Conservatives and business interests had opposed it while liberals, favoring robust corporate regulation, championed it.
The precedent the court overturned arose from a ruling involving oil company Chevron that had called for judges to defer to reasonable federal agency interpretations of US laws deemed to be ambiguous. This doctrine, long opposed by conservatives and business interests, was called "Chevron deference."
The government, along with state-owned oil and gas corporation Pertamina, inked two agreements with United States oil and gas giant ExxonMobil pertaining to advancing the progress on carbon capture storage (CCS) projects and exploring a potential petrochemical complex in Indonesia.
Lifting reached 1,689 thousand barrels of oil equivalent per day (mboepd) as of Sept. 30, which is 0.4 percent below the revised state budget target of 1,697 mboepd, as oil and gas prices remained weak in the third quarter.
Chevron has signed a deal with the Upstream Oil and Gas Special Regulatory Task Force (SKK Migas) to drill between 112 and 118 new wells in Indonesia’s second-most productive oil block, Rokan Block in Riau.
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