South Azadegan is estimated to hold 25.6 billion barrels of oil in place.
Read More »Asian Spot LNG Prices Fall as November Cargoes Offloaded
Spot Asian LNG spiked last month in anticipation of winter demand after a hot summer depleted stockpiles.
Read More »Asian Gasoline Demand Rise Tightens European Market
Market participants said demand was strong in the PG region due to the annual Islamic pilgrimage to Mecca.
Read More »Pertamina to Take Major Indonesia Oil Block from Chevron
Pertamina pushed for the takeover despite questions about its financial capacity following last year’s profit slump.
Read More »Pertamina Invites SOCAR for Partnership in Refinery Upgrade
Indonesia'.s estimated oil reserve is over 60 billion barrels.
Read More »Pertamina still in Talks over Oil Field Deal in Iran
The Iranian government has given Pertamina an early May deadline to seal a deal for developing Iran’s Mansouri oil field.
Read More »President: Indonesia Hadn`t Invested Enough in Exploration
Indonesia announced four winners from five blocks in a direct offer tender on Wednesday.
Read More »State of Emergency in Indonesia as Borneo Oil Spill Spreads
The spill occurred near a refinery operated by the state-owned oil and gas company Pertamina.
Read More »Indonesia Eager to Expansion of Oil Ties with Iran
Since 2016. Indonesia has resumed its oil and gas cooperation with Iran.
Read More »Indonesia Intends to Attract the World’s Top Oil Companies
Indonesia seeks to boost energy investment as output drops.
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