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oil-production

Oil giants' production cuts come to 1 million bpd as they post massive writedowns
Business 5 years ago

Oil giants' production cuts come to 1 million bpd as they post massive writedowns

The world’s five largest oil companies collectively cut the value of their assets by nearly US...
Oil falls as worsening pandemic threatens recovery
Business 5 years ago

Oil falls as worsening pandemic threatens recovery

Oil prices dipped on Monday, weighed down by the prospect that a rise in the pace of coronavirus inf...
Oil prices get big impetus from supply cuts
Opinion 5 years 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 5 years 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 6 years ago

PREMIUM
‘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 6 years 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 6 years 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 6 years 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 6 years ago

PREMIUM
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 7 years ago

PREMIUM
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...
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