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Search result with “Oil Wells” as a keyword founded 15 news.
Indonesia to Slash Fuel Imports from Singapore, Eyes Middle East Supply
... : Most of Indonesia’s Oil Consumption Supplied by Singapore Indonesia ... imported fuel, with domestic oil production currently at around 600 ... : Indonesia Plans to Build Oil Reserve Facility Near Singapore to ... by 2029 by utilizing idle wells, in a bid to return ...Business May 9, 2025 | 4:56 pm
Indonesia Sticks to Ambitious 1 Million bpd Oil Production Target by 2030 Despite Downward Trend
... last year, Indonesia’s oil production averaged approximately 600,000 ... to the reactivation of idle oil wells as a key strategy ... “We have over 40,000 oil wells nationwide, yet only around 16 ... Singapore Of Indonesia’s projected oil exports -- roughly 28 million ...Business May 1, 2025 | 10:05 pm
Most of Indonesia’s Oil Consumption Supplied by Singapore
... and refinery infrastructure. Declining Oil Production and Government’s Response ... is the reactivation of idle oil wells across the country, Bahlil ... "We have over 40,000 oil wells, but most of them are ... -- only around 16,000 wells are currently active," he said ...Business Jan 30, 2025 | 11:28 pm
Indonesia Aims to Boost Oil Output to 1 Million Bpd in Four Years
... is the reactivation of idle oil wells across the country, Bahlil ... "We have over 40,000 oil wells, but most of them are ... -- only around 16,000 wells are currently active." Earlier this ... of Indonesia’s projected crude oil exports -- approximately 28 million ...Business Jan 30, 2025 | 12:20 pm
Indonesia Plans to Build Oil Reserve Facility Near Singapore to Reduce Imports
... company to wait for favorable oil prices before making purchases. ... fuel imports despite lacking domestic oil resources. "Singapore is not ... more direct and cost-efficient oil purchases. Bahlil pointed out ... Indonesia’s oil wells. Of the 44,900 wells across the ...News Dec 11, 2024 | 5:02 pm
Indonesia Targets End to Diesel Imports by 2026
... for gasoline, if domestic oil production continues to fall short ... operations at 301 new oil wells and launching extensive exploration ... 27 million kiloliters of oil fuel in 2023, including ... , predominantly from crude palm oil. However, the implementation of ...Business Dec 5, 2024 | 11:47 am
Bahlil Lahadalia: Time to Optimize Indonesia's 16,000 Idle Oil Wells
... revoke licenses for idle oil wells as part of his ... more than 16,000 idle oil wells, approximately 5,000 belong ... ensure these wells are effectively optimized. "For wells that are ... Currently, Indonesia has 44,985 oil wells, with approximately 16,990 classified ...Business Oct 9, 2024 | 1:55 pm
Indonesia's Pertamina to Invest $900 Million in Algeria: Minister
... Menzel Ledjmet Nord (MLN) oil field of which Pertamina has ... with the Algerian state-owned oil company Sonatrach and Repsol ... encompasses the drilling of 12 oil wells and a water injection well ... the connection of new development wells, the construction of an LPG ...Business Dec 21, 2023 | 8:28 am
What Is Carbon Capture and Why Does It Keep Coming Up at COP28?
... side: energy companies and oil-rich nations with plans to ... The American Petroleum Institute says oil and gas will remain a ... considering dozens of applications for wells that can store carbon. ... force out more oil, a process called enhanced oil recovery. Hausker ...Tech Dec 9, 2023 | 7:27 pm
PetroChina Launches Drilling Campaign in Indonesia’s Jambi
... drilling campaign involving 14 oil and gas wells at Jabung block in ... and recently added three more wells to the campaign, said ... technology at nine wells produced 4,091 barrels of oil per day ... will continue prospecting other potential wells at Jabung in the ...Business Apr 6, 2023 | 3:37 am
Jokowi Introduces Expansive 2022 Budget Bill, Promises Reform to Overcome Prolonged Pandemic, Uneven Global Recovery
... year. The government saw oil prices in 2022 to increase ... in global demand, increase in oil production, geopolitical instability, and ... . Due to depleted wells, Indonesia's oil and gas production would ... struggle to maintain oil productivity at 703,000 ...Business Aug 17, 2021 | 10:43 am
Pertamina Confident of Producing 700,000 bpd in 2026
... was also improving old oil wells using enhanced oil recovery (EOR) technology ... are drilling around 7,000 wells per year for exploration ... finding domestic reserves and acquiring oil and gas fields abroad. ... , we have to find wells that are already in production ...Business Dec 11, 2020 | 10:30 am
Indonesia Eyes Biggest Deficit in Three Decades as the Country Sets to Cut Corporate Income Tax
... and royalties from mines and oil wells, dropping 30 percent from last ...Business May 19, 2020 | 10:45 am
Gov't to Use Artificial Rains to Prevent Peat Wildfires
... – the country's key palm oil-producing regions. The fires destroyed ... regular patrols to make sure wells and canals have water in ...News Apr 28, 2020 | 7:44 pm
Medco Set to Issue $650m in Global Bonds to Refinance Debts
... . Medco Energi Internasional, a listed oil and gas company controlled by ... , a London-based oil and gas firm with oil wells in Africa, Asia ... to 110,000 barrels of oil per day (bopd) in 2019 ... 249.3 million barrels of oil equivalent (boe) at the end ...Business Jan 13, 2020 | 6:23 pm
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