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oil-production

Oil prices get big impetus from supply cuts
Opinion 3 weeks ago

Oil prices get big impetus from supply cuts

While general euphoria around the world’s emergence from COVID-19 and demand recovery are fact...
COVID-19 wreaks havoc on oil markets as Chinese demand slumps
Opinion 3 months ago

COVID-19 wreaks havoc on oil markets as Chinese demand slumps

Oil prices have been in freefall since Jan. 20, when news of a dangerous, highly contagious coronavi...
‘Fastest extension’: Contracts signed for West Ganal and Pangkah oil and gas blocks
Business 8 months ago

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‘Fastest extension’: Contracts signed for West Ganal and Pangkah oil and gas blocks

The Energy and Mineral Resources Ministry announced on Friday the signing of contracts with several ...
Saudi attacks bring geopolitical risks to the forefront
Opinion 9 months ago

Saudi attacks bring geopolitical risks to the forefront

Recent attacks on key oil infrastructure in Saudi Arabia sent prices sharply higher, and while the r...
Saudi oil production disruption could cost RI $3.1 billion
Opinion 9 months ago

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Saudi oil production disruption could cost RI $3.1 billion

A disruption cutting global oil supply by more than 5 percent is not just a worst-case scenario afte...
Watch and learn: Government lectures Pertamina on block operatorship
Business 10 months ago

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Watch and learn: Government lectures Pertamina on block operatorship

“Pertamina will need to learn how to operate this block from now on and ensure production does...
Saudi Arabia, OPEC resilience put to test
Opinion 1 year ago

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Saudi Arabia, OPEC resilience put to test

Saudi cuts come at a time when the world is feeling the pinch of medium and heavy sour crude volumes...
Oil, gas enabler of industrial revolution 4.0
Opinion 1 year ago

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Oil, gas enabler of industrial revolution 4.0

For the first time in history, more than half of the world’s population is now made up of midd...
Indonesia to auction at least eight exploration blocks
Business 1 year ago

Indonesia to auction at least eight exploration blocks

The government is set to put at least eight exploration blocks up for auction this week, making it t...
Supply concerns put floor under oil prices
Opinion 1 year ago

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Supply concerns put floor under oil prices

A collision over strategy between Saudi Arabia and Iran now seems inevitable. 
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