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Pertamina Can’t Absorbs, Indonesia will Export Banyu Urip’s Crude Oil

JAKARTA (TheInsiderStories) - The Special Task Force for Upstream Oil and Gas Implementation (SKKMigas) plans to export crude oil from Banyu Urip field in Cepu, East...

Global Investment in Upstream Businesses to Fall 30% in 2020

JAKARTA (TheInsiderStories) - Head of the special task force for upstream oil and gas business activities (SKKMigas), Dwi Soetjipto, sees the global investment in these...

Indonesia’s Pertamina Gets 650 MBOPD Crude from ExxonMobil

JAKARTA (TheInsiderStories) - Indonesian state oil company, PT Pertamina has agreed to purchase 650 million barrels oil per day (MBOPD) of ExxonMobile crude from the...

Chevron, Exxon Discusses with Indonesian Govt on Mandatory Sell Crude Oil...

JAKARTA (TheInsiderStories) - Foreign oil producer PT Chevron Pacific Indonesia and PT ExxonMobil Indonesia would discuss with Indonesian government on the new policy requiring the mandatory...

ExxonMobil to Acquires Indonesian Lubricant Manufacturer

JAKARTA (TheInsiderStories) - ExxonMobil, an U.S energy company has announced its plans to acquire 100 percent interest of PT Federal Karyatama (FKT), a subsidiary of...