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Search result with “Oil Blocks” as a keyword founded 31 news.
Oil Prices Rise Nearly 10% Following Latest Fighting in the Middle East
... for a barrel of Brent crude oil, the international standard, climbed ... worldwide. The gains for oil prices accelerated immediately after ... and other computing building blocks. But worries are rising ... on worries about expensive oil and high inflation, which ...Business Jul 14, 2026 | 3:13 am
JCI Falls 0.46% as MSCI Limits, Oil Risks Weigh on Sentiment
... to oil supply from the Persian Gulf, particularly if Iran blocks tanker ... ends the war.” For now, oil prices remain well below the ... Edge Down on MSCI Restrictions, Oil RisksBusiness Apr 21, 2026 | 4:06 pm
Pertamina Raises Fuel Prices; Bahlil Says Market Forces at Play
... market mechanisms tied to global oil prices and currency movements. ... fluctuations in global crude oil prices and the rupiah’s ... also highlighted Indonesia’s upstream oil and gas potential, noting ... ’s tender system for oil and gas blocks. “Exploration can only ...Business Apr 18, 2026 | 7:06 pm
Indonesia Pushes Energy Self-Reliance as Fuel Imports Seen Falling by 2027: Bahlil
... sector, particularly aging oil wells that limit optimal oil and gas lifting ... tenders for 110 new oil and gas blocks to strengthen energy supply ... focus more narrowly on crude oil with smaller volumes. “This is ...Business Feb 16, 2026 | 12:40 pm
Prosecutors Charge 11 Over Alleged CPO Export Scheme
... corruption scheme involving crude palm oil (CPO) exports that ... declaring CPO shipments as palm oil mill effluent (POME), a ... said. Read More: Indonesia Blocks Illegal CPO Export Worth Rp ... executives from private palm oil companies. Authorities disclosed their ...News Feb 10, 2026 | 11:30 pm
Indonesia Launches $7.4B Refinery, Ending 32-Year Hiatus
... ’s existing refinery, covering crude oil receiving systems, transfer pipeline networks ... a turnaround in Indonesia’s upstream oil performance, telling the president that ... aging oil fields, and faster tender processes for newly discovered blocks. President ...Business Jan 12, 2026 | 5:05 pm
Indonesia’s Energy Sector Investment Hits $31.7b in 2025, Minister Bahlil Says
... investment came from mining, oil and gas, electricity, and ... More: Indonesia Opens 75 Oil Blocks to Investors, February Tender Set ... The oil and gas segment, however, ... barrel, but average global oil prices from January through year ...Business Jan 9, 2026 | 11:02 am
Indonesia Opens 75 Oil Blocks to Investors, February Tender Set
... inevstors to develop 75 new oil blocks across the country as part ... discovery of around 75 new oil blocks,” Prasetyo said. Read More: Energy ... auction process for the new blocks to begin as early as ... output gains. “We hope the blocks can be tendered next month ...News Jan 7, 2026 | 12:27 pm
Indonesia to Review Mines After Deadly Sumatra Floods
... geothermal projects; 51 for oil and gas blocks; and 72 for other ...News Dec 1, 2025 | 7:19 pm
Minister Amran Slams Import of 2 Tons of Illegal Cooking Oil
... crude palm oil producer yet illegal cooking oil is still entering ... producer, but illegal cooking oil enters the country. Why is ... again,” he added. Beyond cooking oil, a joint operation by the ... forward. Read More: Indonesia Blocks Illegal CPO Export Worth Rp ...Business Nov 26, 2025 | 11:16 am
Indonesia Offers 108 Untapped Oil and Gas Basins to Global Investors
... More: Indonesia Surpasses 2025 Oil Production Goal Amid New ... has also prepared 75 oil and gas blocks in Sumatra, Kalimantan ... various offshore sites. Nine blocks have already received designations for ... Read More: Indonesia's Oil Production Reaches 600,000 BOPD ...Business Nov 25, 2025 | 6:06 pm
Indonesia Blocks Illegal CPO Export Worth Rp 28.7 Billion
... export attempt involving crude palm oil derivatives worth Rp 28.7 billion ... leaks. Read More: Indonesia’s Palm Oil Export Skyrockets 32.4 Pct “Cross ... crucial to ensure Indonesia’s palm oil industry is more transparent, fair ...News Nov 6, 2025 | 4:33 pm
Pertamina, Petronas Seal Bobara Block Deal to Strengthen Regional Energy Ties
... . A farm-out agreement allows one oil and gas company to transfer ... to hold 6.8 billion barrels of oil equivalent (BBOE) in potential reserves ... Balingian PSC and other Malaysian blocks. PHE President Director Awang Lazuardi ...Business Oct 27, 2025 | 3:39 pm
US-China Trade Tensions Appear to Cool as Trump Gathers with ASEAN Leaders
... the agreement creates “the building blocks for a lasting peace.” The president ... for its purchase of Russian oil.Business Oct 26, 2025 | 7:52 pm
Indonesia Surpasses 2025 Oil Production Goal Amid New Exploration Push
... Tuesday. Bahlil said cumulative oil lifting from January through ... upstream fields. “The 2025 oil production target will be ... security. The nine exploration blocks and their potential reserves ... potential 2,865 million barrels of oil (MMBO) and 46 trillion ...Business Oct 14, 2025 | 8:35 pm
Raja Ampat, North Maluku Clash Over Three Disputed Islands
... Reclaims Disputed Islands Near Offshore Oil Blocks After Prabowo’s Decision She urged ...News Sep 25, 2025 | 10:09 am
Ambalat: Indonesia Chooses to Negotiate with Malaysia, But Will Defend National Interests
... share overlapping claims over this oil-rich maritime area. Just ... refer to the territory by Blocks ND6 and ND7, and ... possible joint development of Ambalat’s oil and gas reserves. However, the ... have their respective state-run oil firms -- Indonesia’s Pertamina and ...News Aug 8, 2025 | 5:22 pm
Indonesia’s Oil Output Hits Budget Target for First Time Since 2008
... the reactivation of mature oil wells, easing investment requirements ... and legalizing small-scale oil operations managed by local ... on imports, with national oil consumption hovering around 1.6 million ... Indonesia Puts 75 Oil and Gas Blocks Up for Auction ...Business Jul 31, 2025 | 2:28 am
Italy’s Eni Eyes $10 Billion Gas Investment in East Kalimantan
... in two offshore natural gas blocks in East Kalimantan, Indonesian ... Eni, one of Europe’s largest oil and gas companies with operations ... in the Jangkrik and Merakes blocks,” Bahlil said, as quoted ... Antara news agency. Both blocks are located in the Makassar ...Business Jul 21, 2025 | 5:45 pm
Indonesia Puts 75 Oil and Gas Blocks Up for Auction to Boost Domestic Output
... government is offering 75 oil and gas blocks for exploration and ... explained that some of the blocks already have winning bidders, ... for auction. The 75 blocks are available through production sharing ... national oil and gas output. Of the total, 61 blocks are ...Business Jul 8, 2025 | 11:35 pm
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