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oil-production

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 lost from Venezuelan and Iranian sanctions.
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 middle-class consumers. This marks a pivotal moment in human progress and is the outcome of a remarkable period of economic growth over the past 50 years.
Indonesia to auction at least eight exploration blocks
Business 7 years 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 the third effort to push for higher oil and gas production in the country this year.
Supply concerns put floor under oil prices
Opinion 7 years ago

PREMIUM
Supply concerns put floor under oil prices

A collision over strategy between Saudi Arabia and Iran now seems inevitable. 
Brace for volatility as oil supply risks loom large
Opinion 7 years ago

PREMIUM
Brace for volatility as oil supply risks loom large

OPEC and its producer allies agreed to an oil output increase of around 1 million b/d.
Headlines from Vienna to determine oil price trend
Opinion 7 years ago

PREMIUM
Headlines from Vienna to determine oil price trend

OPEC and 10 non-OPEC producers, led by Russia, were expected to maintain the 1.8 million b/d supply cut through to the end of 2018.
Sarana GSS Trembul to start drilling Trembul oil wells
Business 8 years ago

Sarana GSS Trembul to start drilling Trembul oil wells

PT Sarana GSS Trembul, a joint venture between Singapore-based oil and gas company GSS Energy and Central Java province-owned PT Sarana Pembangunan Jawa Tengah, will start drilling activities at two oil wells in Trembul in August.
EDITORIAL: The threat of oil import bill
Editorial 8 years ago

EDITORIAL: The threat of oil import bill

The investment climate in the hydrocarbon industry has become utterly unattractive despite the big oil potential.
Oil market focus turns to more output reductions
Opinion 8 years ago

PREMIUM
Oil market focus turns to more output reductions

With refinery activity running at higher-than-normal levels for this time of year, seasonal draws in crude stocks — which typically begin in May — have already started.
Initial performance of OPEC deal will set tone
Opinion 9 years ago

PREMIUM
Initial performance of OPEC deal will set tone

OPEC and non-OPEC producers have met more than half way into their first month of the new supply cut policy in Vienna, where they put forth solid reassurances of their commitment to the output curbs.
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