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Indonesia considers allowing for production sharing oil and gas contracts options

(Reuters) - Indonesia is considering letting energy companies stick with the “cost recovery” system for oil and gas production sharing contracts, the energy minister...

Repsol makes significant gas discovery in Indonesia

Indonesia's upstream regulator SKK Migas has announced a significant gas discovery by a Repsol-led consortium at Sakakemang PSC onshore Central Sumatra. Wood Mackenzie's Research Director...

Exxon to be Indonesia’s biggest oil producer in 2019 -regulator

(Reuters) Exxon Mobil Corp unit Exxon Mobil Cepu Limited is expected to produce 216,000 barrels per day of crude oil in 2019, making it...

Indonesia braces for more environmental damage as oil slick widens

Indonesia has launched a massive clean-up operation off the coast of Balikpapan, the provincial capital of East Kalimantan province, where an oil slick from...

Indonesia’s oil and gas prospects running dry

Nearly half a century after it was founded, Indonesia’s state-owned petroleum company Pertamina will soon face its biggest ever challenge when it takes sole operational control...