TheJakartaPost
Please Update your browser
Your browser is out of date, and may not be compatible with our website. A list of the most popular web browsers can be found below.
Just click on the icons to get to the download page.
Popular Reads
No popular reads data found
Top Results
No results found. Please check your search term and try again
Can't find what you're looking for?
View all search results
Popular Reads
No popular reads data found
Top Results
No results found. Please check your search term and try again
Can't find what you're looking for?
View all search resultsOil-and-gas-production
Economy 1 year ago
OPEC+ likely to proceed with planned output hike from October, sources say
Eight OPEC+ members are scheduled to boost output by 180,000 barrels per day in October, as part of a plan to begin unwinding their most recent layer of output cuts of 2.2 million bpd while keeping other cuts in place until end-2025.
Business 5 years ago
Top oil companies hit brakes on search for new fossil fuels
The number of exploration licensing rounds dropped last year due to the epidemic while companies including Exxon Mobil, Royal Dutch Shell and France’s Total also reduced spending, Rystad Energy analyst Palzor Shenga said.
Business 5 years ago
Once an American foe, now a friend: OPEC turns 60
Founded in Baghdad on Sept. 14, 1960 to counter the power of seven US and British oil companies, OPEC has repeatedly yielded to pressure from Washington to pump more oil since US President Donald Trump took office at the start of 2017.
Business 5 years ago
Weak demand, govt incentives drive PGN profit down 88 percent
The publicly listed company’s revenue fell by 17.9 percent yoy to $1.47 billion in the January-June period, dropping more sharply than its expenses, which declined by 16.7 percent yoy to $1.01 billion following operational cuts.
Opinion 5 years ago
PREMIUM
Oil price upside limited amid rising supply
Asian consumers, who normally welcome rising Middle East crude oil supply, have barely taken notice as they grapple with crippling demand and high stocks, and it remains to be seen where all this excess oil will eventually end up.
