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Much ado about asset forfeiture
Mass poisonings cast doubt on free meals reforms
The benefit of the doubt has expired
New data rules could unlock cross-border data flows
Prabowo replaces Finance Minister Purbaya with his deputy

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Popular Reads

Much ado about asset forfeiture
Mass poisonings cast doubt on free meals reforms
The benefit of the doubt has expired
New data rules could unlock cross-border data flows
Prabowo replaces Finance Minister Purbaya with his deputy

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oil-production

Govt identifies 45,000 community wells for development
Economy 11 months ago

PREMIUM
Govt identifies 45,000 community wells for development

The Energy and Mineral Resources Ministry has issued a landmark regulation legalizing the exploitation of community-owned wells.
Pertamina eyes oil boost with first chemical injection in December
Companies 1 year ago

PREMIUM
Pertamina eyes oil boost with first chemical injection in December

The initial CEOR phase could increase output by 2,800 barrels per day (bpd), with production rising to between 30,000 and 50,000 bpd by 2028 after further scaling.
Israel-Iran clash: Navigating the black swan of a regional war
Academia 1 year ago

PREMIUM
Israel-Iran clash: Navigating the black swan of a regional war

Current volatile dynamic could spiral into a black swan event, where an unforeseen escalation triggers global chaos, defying risk models.
OPEC+ agrees another accelerated oil output hike for June
Markets 1 year ago

OPEC+ agrees another accelerated oil output hike for June

OPEC+ has agreed to accelerate oil production hikes for a second consecutive month, raising output in June by 411,000 barrels per day, the group said on Saturday, despite falling prices and expectations of weaker demand.
Govt wants exported crude oil to go to domestic refineries instead
Economy 1 year ago

PREMIUM
Govt wants exported crude oil to go to domestic refineries instead

The move to redirect some crude oil initially allocated for export may increase the oil and gas trade deficit, experts warn, urging the government to diversify the downstream oil and gas industry in order to offset potential revenue losses from reduced exports.
Indonesia to build oil storage facility near Singapore
Markets 1 year ago

PREMIUM
Indonesia to build oil storage facility near Singapore

The energy minister says the government is looking at building an oil storage facility on an island near Singapore, from which the country imports 60 percent of its fuel, to shore up strategic reserves amid declining output.
Luhut to lead task force to increase offshore oil and gas projects
Regulations 2 years ago

PREMIUM
Luhut to lead task force to increase offshore oil and gas projects

Coordinating Maritime Affairs and Investment Minister Luhut Binsar Pandjaitan will lead a task force aimed at improving the investment climate in the upstream oil and gas sector.
OPEC+ seen prolonging oil cuts into 2025, two sources say
Economy 2 years ago

OPEC+ seen prolonging oil cuts into 2025, two sources say

OPEC+ will likely agree on Sunday to prolong its deep oil output cuts into 2024 and possibly 2025, two OPEC+ sources said as the group seeks to shore up the market amid tepid global demand growth, high interest rates and rising rival US production.
Rig dearth aggravates RI’s declining oil, gas production
Economy 2 years ago

PREMIUM
Rig dearth aggravates RI’s declining oil, gas production

Pertamina EP, the exploration and production arm of state-owned oil and gas giant Pertamina, blamed a dearth of oil rigs for hampering efforts to achieve the 1 million barrels of oil per day (bopd) target.
Mideast escalation could hurt Indonesia's economy
Economy 2 years ago

PREMIUM
Mideast escalation could hurt Indonesia's economy

Brent crude has risen since violence broke out in Israel and Gaza but could surge far past $100 in case of further escalation.

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