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Indonesia’s 2020 Oil and Gas Output Likely to Fall

JAKARTA (TheInsiderStories) - Indonesia’ production of both oil and gas will most likely fall in 2020 despite the official projections of a combined 8 percent...

Indonesian Oil, Gas Lifting Below Target in 2019

JAKARTA (TheInsiderStories) - Indonesian oil and gas lifting realization during 2019 only reached 1.8 million barrels of oil equivalent per day (boepd), far from...

Oil Price Drops as Producers Seek to Boost Output

JAKARTA (TheInsiderStories)--The oil price touched its lowest level in seven weeks after the Organization of the Petroleum Exporting Countries (OPEC) and non-OPEC oil producers...

Indonesia Expects Lower Investment in Mining, Oil & Gas Sectors

JAKARTA (TheInsiderStories)—The government revised down its investment target from the mining, and oil and gas sectors by 25.7 per cent to US$37.2 billion this...