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Search result with “Oil Production Target” as a keyword founded 128 news.

“We’ll Hit It This Year”: Bahlil on Oil Output Target

... that Indonesia’s 2025 oil lifting target of 605,000 barrels ... the 1998 economic crisis, national oil production reached a peak of 1.5–1.6 million ... acknowledged that no annual oil lifting target has been met ... you all that the oil lifting target will reach 605, ...
Business Oct 9, 2025 | 3:39 pm

Medco Raises Corridor Gas Block Stake to 70% With $425m Repsol Deal

... production, helping Medco stay on track to hit its 2025 output target ... of 155,000 to 160,000 barrels of oil equivalent ... gas fields and one oil field. Its production is critical for domestic ...
Business Sep 10, 2025 | 1:33 pm

Prabowo’s 2026 State Budget Pours Trillions Into Energy, Food, and Education

... said. Energy Spending and Production Targets The 2026 plan ... by 2028 Indonesia’s oil output target is set at 610 ... also boost natural gas production and expand renewable energy ... earmarked for food security, covering production, distribution, and consumption. ...
News Aug 15, 2025 | 6:11 pm

Energy, Minerals Add $8.6 Billion to Indonesia’s Non-Tax Revenue

... revenue. “Prices of crude oil and coal are dropping, ... .5 trillion [non-tax revenue] target. Because President [Prabowo Subianto] ... last year. Indonesia’s coal production hit 357.6 million tons ... reported. Read More: Palm Oil Biodiesel Helps Indonesia Save $3. ...
Business Aug 14, 2025 | 9:08 am

Pertamina Launches World-Leading Green Jet Fuel with Highest Vegetable Oil Content

... ’s commitment to supporting the government’s target of achieving net-zero emissions ... vegetable oil and used cooking oil in the world. The SAF production involves ... . Read More: Indonesia Sets 2027 Target for Shifting to Sustainable Aviation ...
Business Aug 12, 2025 | 8:29 pm

$618B Downstream Ambition to Make Indonesia A Powerful Country: Bahlil

... ambition to move the production value chain across dozens ... encompassing commodities such as palm oil, rubber, and salt. Bahlil ... will have an annual production capacity of 50 tons of ... Read More: Indonesia’s Oil Output Hits Budget Target for First Time Since ...
Business Jul 31, 2025 | 2:49 am

Indonesia’s Oil Output Hits Budget Target for First Time Since 2008

... ’s daily crude oil production has surpassed the government's official target for the first ... budget for 2025 set a national oil production target of 605,000 barrels per ... , we never once met the oil production target set in the state budget ...
Business Jul 31, 2025 | 2:28 am

Bahlil: Indonesia Won’t Back Down from 2060 Net-Zero Target Amid Global Backsliding

... : Indonesia to Slash Middle East Oil Imports in Favor of $15B ... gas (LPG) annually, but domestic production meets less than 1.5 million tons ... -sufficiency -- through greater domestic oil and gas production as well as an ...
Business Jul 31, 2025 | 1:05 am

Indonesia Seeks to Tap Dozens of Untouched Oil and Gas Basins to Boost Energy Security

... are still far from commercial production. Early mapping and promotion ... government is aiming for domestic oil production to reach 1 million barrels ... over recent years. Indonesia's oil lifting reached 578,000 ... percent of this year’s target of 605,000 barrels per ...
Business Jul 30, 2025 | 7:11 pm

Indonesia Targets 5.8% GDP Growth in 2026, Deficit Capped at 2.53%

... on a 2026 economic growth target of between 5.2 and 5.8 percent ... macroeconomic assumptions include an inflation target of 1.5 to 3.5 percent ... also projects Indonesia’s crude oil price to average between ... per barrel, with daily production set at 605,000 to ...
Business Jul 24, 2025 | 9:34 pm

Accessibility, Affordability Key in Energy Policymaking

... back on its energy transition target. "It is not that simple ... country's trade balance. The national oil production currently stands at around 600 ...
News Jul 23, 2025 | 7:43 pm

Indonesia Pushes Local Power Projects to Expand Electricity Access in Remote Areas

... strategy of boosting oil and gas production while transitioning to ... renewable energy sources. In the oil ... facilitate collaboration on managing oil wells, including partnerships ... (RUPTL) sets a target for renewable energy and ...
News Jul 23, 2025 | 4:55 pm

Indonesia’s Oil Lifting Hits 95% of Target

... target by the end of the year,” he said. Meanwhile, Indonesia’s oil production ... Sticks to Ambitious 1 Million bpd Oil Production Target by 2030 Despite Downward Trend ... processing. Overall, Indonesia’s total oil and gas production in June 2025 was ...
Business Jul 21, 2025 | 8:10 pm

JCI Tracks Wall Street Gains as Investors Await Key Economic Data

... , remains above the Fed’s 2 percent target. In the region, sentiment was ... GDP, and Japan’s May industrial production figures this week, which could ... was little changed at $1.1721. Oil prices eased, with U.S. benchmark crude ...
Business Jun 30, 2025 | 5:30 pm

Indonesia’s Cepu Block, Operated by ExxonMobil, Powers 25% of National Oil Output

Jakarta. The Cepu oil block in East Java, ... has become Indonesia’s largest oil production source, contributing 25 percent of ... has recently boosted its production capacity from 150,000 ... has set a target to increase its national oil production to between 900 ...
Business Jun 27, 2025 | 4:31 am

US Stocks Approach Their All-Time High as Oil Prices Tumble

... did not target the production or movement of oil. They kept ... producing countries steadily increasing production, oil prices could be headed ... analyst at Commerzbank. Falling oil prices should take some ... above the Fed’s 2 percent target. Trump has been pushing ...
Business Jun 25, 2025 | 9:48 am

Indonesia Urged to Act on $8 Billion Low-Carbon Fuel Export Opportunity

... pointed to Indonesia’s palm oil industry as a major untapped ... effective location for e-ammonia production -- with countries like ... Kalimantan, and methanol production facilities. He also highlighted ... More: Indonesia Sets 2027 Target for Shifting to Sustainable ...
Business Jun 24, 2025 | 11:23 pm

FTA/CEPA Amid Global Conflict: Opportunity or Trap?

... facing a severe security crisis. Oil prices immediately surged. Benchmark prices ... Korea, and China seeking reliable production partners. Some indicators are promising ... (INSW). Value-added industrialization: Target sectors like processed foods, electronics ...
Opinion Jun 24, 2025 | 9:54 am

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 and ... surpassing the 2025 state budget target of 605,000 bpd. ... The increase in domestic production, he added, would ...
Business Jun 13, 2025 | 5:29 pm

Dharma Satya Sets Rp800b Capex for Palm Oil Replanting, Renewable Energy

... funds will primarily support palm oil replanting over 5,000 hectares, ... sustainable long-term production. This year’s target is to replant ... 2025 with strong crude palm oil (CPO) prices, which ... to Rp2.7 trillion. Palm oil remained the main contributor, ...
Business Jun 9, 2025 | 7:15 pm
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