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View all search resultsoil-reserve
Business 8 years ago
Indonesia’s proven oil reserves to last just 12 years: Arcandra
Deputy Energy and Mineral Resources Minister Arcandra Tahar has said that Indonesia needs to intensify exploration for new oil fields, because the country’s proven oil reserves will only support about 12 years of exploitation.
Business 9 years ago
Govt allots Rp 1.6 trillion for energy security fund, oil reserve
The government has allocated Rp 1.6 trillion (US$119 million) of the state budget for an energy security fund (DKE) and strategic oil reserve in the revised 2016 state budget bill, which was submitted to the House of Representatives last week.
