Can't find what you're looking for?
View all search resultsCan't find what you're looking for?
View all search resultsThe energy minister has taken an "all stick, no carrot" strategy to pressure firms into start pumping oil and gas from stalled projects, threatening hundreds of wells with the prospect of losing their permits.
The President has vowed to crack down on corruption in the oil and gas industry after the AGO detained several executives, including the president director of a Pertamina subsidiary, as suspects in an ongoing case pertaining to fuel imports.
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.
The attorney general for the District of Columbia on Thursday filed a lawsuit against Exxon Mobil Corp, BP Plc, Chevron Corp, and Royal Dutch Shell Plc for "systematically and intentionally misleading" consumers about the role their products play in causing climate change, the latest action by a US attorney general against the oil and gas industry.
The coronavirus pandemic has disrupted maintenance at oil and gas projects and refineries from Russia's Far East to the coast of Canada, storing up problems for an industry already reeling from slumping prices, analysts say.
Share your experiences, suggestions, and any issues you've encountered on The Jakarta Post. We're here to listen.
Thank you for sharing your thoughts. We appreciate your feedback.