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Search result with “Oil Lifting Target” as a keyword founded 23 news.
Risk Appetite Returns, Pushing Jakarta Stocks Above 6,050
... of the 2026 state budget target. The government has revised its ... to 125.2% of the budget target of Rp 459.2 trillion. "The ... earnings reports offset concerns over oil prices, which climbed to their ...Business Jul 16, 2026 | 9:03 am
Rising Inflation Keeps Door Open for More Rate Hikes, Economist Says
... rose 0.23% month-on-month, lifting annual core inflation to 2.76 ... lubricants, mobile phones and cooking oil. Read More: June Inflation Climbs ... to remain within Bank Indonesia's target range of 1.5% to 3.5% this year ...Business Jul 1, 2026 | 9:09 pm
Indonesia Seeks Oil Output Boost From Community-Managed Wells
... industry. In December, statet oil and gas company Pertamina ... to help achieve the oil production target of 610,000 bpd ... fuels. Last year, Indonesia's oil lifting averaged 605,300 bpd, while ... gas lifting reached 951,800 barrels of oil equivalent per ...News Jun 3, 2026 | 6:46 pm
Securing Upstream Supply Amid National Downstream Expansion
... achievement reports, national crude oil lifting currently fluctuates between 580, ... Exploration: The Heart of Oil and Gas Industry Sustainability ... Indonesia's upstream oil and gas industry is ... to reach the production target of 1 million barrels ...Special Updates May 8, 2026 | 3:37 pm
JCI Rises Nearly 1% as Iran Deal Hopes Lift Global Sentiment
... a sharp decline in oil prices improved global market ... moratorium on uranium enrichment, lifting of sanctions, unfreezing billions of ... 387, Outlook Remains Fragile Oil prices retreated sharply amid ... Growth and Reach the 8% Target? In addition, the government ...Business May 7, 2026 | 9:07 am
Indonesia Says It's Still in Safe Zone, No Need to Lift 3% Deficit Cap
... GDP), depending on the fluctuating oil prices and rupiah, unless Jakarta ... efficiencies and cut its growth target. The budget shortfall can ... would only be open to lifting the 3% limit “during the ... handles 20% of the global oil transits. The disruptions have ...Business Mar 16, 2026 | 5:10 pm
Indonesia Launches $7.4B Refinery, Ending 32-Year Hiatus
... existing refinery, covering crude oil receiving systems, transfer pipeline ... the president that national oil lifting has rebounded after a decade ... we have never met our oil lifting targets,” Bahlil said. “ ... exceed, the state budget target of 600,500 barrels ...Business Jan 12, 2026 | 5:05 pm
Indonesia’s Energy Sector Investment Hits $31.7b in 2025, Minister Bahlil Says
... sector exceeded expectations. From a target of Rp 127.44 trillion ... 108.56% of the target, despite weaker coal and ... lifting reached 605,300 barrels per day, PNBP from oil and ... lifting target was met, but lower prices directly reduced state revenue from oil ...Business Jan 9, 2026 | 11:02 am
Indonesia Opens 75 Oil Blocks to Investors, February Tender Set
... . “He also presented the 2026 oil lifting target along with several strategies, including ... government has set an oil and gas lifting target of 610,000 barrels ... since 2008 that the annual oil lifting target had been achieved. Read More ...News Jan 7, 2026 | 12:27 pm
Indonesia Begins Purchases of Community-Managed Crude Oil
... in formalizing community-run oil production as state energy ... noting the province’s sizable oil potential. Jambi has more ... oil lifting,” he said. Indonesia’s oil lifting averaged 607,000 barrels of oil ... exceeding the 2025 state budget target of 605,000 BOPD, ...Business Dec 31, 2025 | 4:31 pm
Indonesia Surpasses 2025 Oil Production Goal Amid New Exploration Push
... on Tuesday. Bahlil said cumulative oil lifting from January through early October ... key upstream fields. “The 2025 oil production target will be achieved -- even ... . Read More: Indonesia’s Oil Lifting Hits 95% of Target To sustain momentum, the ...Business Oct 14, 2025 | 8:35 pm
“We’ll Hit It This Year”: Bahlil on Oil Output Target
... confidence that Indonesia’s 2025 oil lifting target of 605,000 barrels ... Migas), which showed that oil lifting in the first half ... acknowledged that no annual oil lifting target has been met since ... you all that the oil lifting target will reach 605,000 barrels ...Business Oct 9, 2025 | 3:39 pm
Indonesia Sets 2026 GDP Growth Target at 5.4%, Deficit at 2.68% of GDP
... Oil lifting: 610,000 barrels per day Gas lifting: 984,000 barrels of oil ...Business Sep 24, 2025 | 3:59 am
Medco Raises Corridor Gas Block Stake to 70% With $425m Repsol Deal
... Indonesia’s Corridor gas block, lifting its ownership to 70 percent ... in 2026, assuming mid-cycle oil prices. Corridor’s gas output ... output target of 155,000 to 160,000 barrels of oil ... oil and gas, Medco is expanding its renewable portfolio with a target ...Business Sep 10, 2025 | 1:33 pm
Indonesia Seeks to Tap Dozens of Untouched Oil and Gas Basins to Boost Energy Security
... Migas, the Directorate General of Oil and Gas, and the ... government is aiming for domestic oil production to reach 1 million ... output over recent years. Indonesia's oil lifting reached 578,000 barrels per ... .5 percent of this year’s target of 605,000 barrels per ...Business Jul 30, 2025 | 7:11 pm
Indonesia’s Oil Lifting Hits 95% of Target
Jakarta. Indonesia’s oil lifting reached 578,000 barrels ... to Ambitious 1 Million bpd Oil Production Target by 2030 Despite Downward ... BOEPD. However, total oil and gas lifting was at 1.557 million ... 100 percent of the oil and gas lifting target by the end of ...Business Jul 21, 2025 | 8:10 pm
Indonesia Says Domestic Output Can Cushion Oil Price Shock After Israeli Strike on Iran
... downplayed concerns over global oil price volatility following Israel’s ... Iran, stating that domestic oil production has exceeded expectations ... Jakarta on Friday. Indonesia’s oil lifting, a measure of crude output ... the 2025 state budget target of 605,000 bpd. ...Business Jun 13, 2025 | 5:29 pm
Energy Minister Bahlil Alleges Sabotage Behind Indonesia’s Oil Import Dependence
... had intentionally undermined Indonesia’s oil lifting capacity, ultimately weakening national ... , a longtime figure in Indonesia’s oil trade, once controlled Pertamina Energy ... against underperforming operators. One such target is Japan’s Inpex Corporation, ...News May 26, 2025 | 7:00 pm
Gov't Considers Revoking Oil Permits from Underperforming Contractors
... ramp up national oil production. Indonesia set a crude oil lifting target of 900,000 ... to 1 million barrels of oil per day ... contribute significantly to our national oil lifting,” Bahlil said. Read More: Indonesia ...Business May 16, 2025 | 6:36 pm
Indonesia's Oil Production Reaches 600,000 BOPD in November-December 2024, Minister Says
... August 2024, the daily oil lifting stood at around 580 ... lifting target for 2025 can be surpassed," Bahlil added. Indonesia's oil ... In 2020, the country's oil lifting reached 707,000 BOPD, ... will surpass the target." Additionally, Indonesia's oil and gas imports ...Business Jan 3, 2025 | 8:18 pm
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