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Search result with “Oil Wells” as a keyword founded 45 news.
Lack of Local Bank Support Stalls Indonesia’s Oil Exploration Drive, SKK Migas Says
... ratio of one in ten wells to roughly 30 percent today ... out of every ten wells drilled are likely to ... : Pertamina to Buy Oil from Indonesia’s Traditional Wells, Says Bahlil The ... limited availability of domestic financing has left oil ...Business Nov 13, 2025 | 1:09 pm
Pertamina Targets Merger of Three Subsidiaries by January 2026
... Hulu Energi (PHE) for oil and gas upstream, Pertamina Geothermal ... volatility, such as lower oil demand, rising supply from ... its core focus on oil and gas while accelerating ... Read More: Pertamina to Buy Oil from Indonesia’s Traditional Wells, Says BahlilBusiness Nov 11, 2025 | 10:20 am
APG Westkampar Indonesia Reaches Record Oil Output Since Taking Over Block
Pekanbaru. Oil and gas operator APG ... company had completed five new wells, all of which have delivered ... difficult transportation routes, with crude oil transported by truck through rugged ... SKK Migas (Indonesia’s upstream oil and gas regulator), praised APGWI ...Special Updates Nov 2, 2025 | 7:19 pm
Bahlil Supports KPK Probe into Massive Illegal Gold Mine in Lombok
... More: Pertamina to Buy Oil from Indonesia’s Traditional Wells, Says Bahlil Bahlil ...Business Oct 24, 2025 | 4:33 pm
Pertamina to Buy Oil from Indonesia’s Traditional Wells, Says Bahlil
... where Pertamina will buy oil from community wells at 80 percent of ... More: Indonesia to Legalize Marginal Oil Wells with 20,000 bpd Potential ... legalized about 45,000 traditional oil wells, many of which have operated ...Business Oct 21, 2025 | 10:08 am
Indonesia Prepares to Launch B50 Biodiesel and E10 Ethanol Fuel Blends
... community-operated oil wells, commonly known as marginal wells. Bahlil said ... 22,000 small-scale oil wells, each producing about two ... Indonesia to Legalize Marginal Oil Wells with 20,000 bpd ... the legalization of community oil wells be prioritized,” Bahlil said ...Business Oct 19, 2025 | 9:40 pm
Police Seal Dozens of Illegal Oil Wells in Central Java After Deadly Fire
... Many people invest in these oil wells, sometimes through the village cooperative ... Jamaah) These “people’s oil wells” are small, traditional oil wells operated outside Indonesia’s ... to store crude oil extracted from traditionally-managed oil wells in Blora ...News Aug 19, 2025 | 5:37 pm
Blora Oil Well Blaze Rages for 3 Days, Displacing 800 Residents, Killing Three
... massive gush of crude oil made firefighting efforts difficult and ... Monday. Read More: Stripper Oil Well Blast Kills Three, ... Arief Rohman said that illegal oil well drilling is a serious ... incidents from recurring. “These community wells are not yet legal. I ...News Aug 19, 2025 | 11:48 am
Stripper Oil Well Blast Kills Three, Injures Two in Central Java
... to thousands of small, traditional oil wells -- often referred to as sumur ... -- literally “people’s oil wells” -- are small-scale, community-operated oil wells that have existed ... ’s oil industry. Over time, as major companies abandoned low-yield wells, local ...News Aug 18, 2025 | 3:00 pm
Indonesia’s Oil Output Hits Budget Target for First Time Since 2008
... effort to revive its oil industry, Energy and Mineral ... the reactivation of mature oil wells, easing investment requirements for ... and legalizing small-scale oil operations managed by local ... on imports, with national oil consumption hovering around 1.6 million ...Business Jul 31, 2025 | 2:28 am
Indonesia Pushes Local Power Projects to Expand Electricity Access in Remote Areas
... pursuing a dual strategy of boosting oil and gas production while transitioning ... ) to facilitate collaboration on managing oil wells, including partnerships with local government ... community-led management of aging wells. Meanwhile, Indonesia’s 2025-2034 ...News Jul 23, 2025 | 4:55 pm
Indonesia to Legalize Marginal Oil Wells with 20,000 bpd Potential
... the operation of marginal conventional oil wells by non-corporate entities. Energy ... for small-scale, individually operated oil wells that have long operated in ... minyak rakyat” -- traditional, community-operated oil wells -- which have often been mired ...Business Jun 29, 2025 | 1:04 pm
Indonesia’s Cepu Block, Operated by ExxonMobil, Powers 25% of National Oil Output
... has become Indonesia’s largest oil production source, contributing 25 ... addition of four new wells drilled last year, he ... to increase its national oil production to between 900, ... inauguration of the new wells at the Cepu Block ... total of 35 active oil wells.Business Jun 27, 2025 | 4:31 am
Jakarta Losing Patience with Inpex over 26-Year Masela Gas Block Delay
... take firm action against underperforming oil and gas contractors. Inpex ... Alleges Sabotage Behind Indonesia’s Oil Import Dependence The slow ... to optimize some 40,000 oil wells across the country, roughly ... stalled projects and inactive oil and gas operators. The ...Business May 26, 2025 | 8:03 pm
Energy Minister Bahlil Alleges Sabotage Behind Indonesia’s Oil Import Dependence
... had intentionally undermined Indonesia’s oil lifting capacity, ultimately ... longtime figure in Indonesia’s oil trade, once controlled Pertamina ... country’s roughly 40,000 oil wells, about half of ... pressure oil and gas contractors to revitalize these wells ...News May 26, 2025 | 7:00 pm
Indonesia to Slash Fuel Imports from Singapore, Eyes Middle East Supply
... More: Most of Indonesia’s Oil Consumption Supplied by Singapore Indonesia ... imported fuel, with domestic oil production currently at around 600 ... Indonesia Plans to Build Oil Reserve Facility Near Singapore to ... by 2029 by utilizing idle wells, in a bid to return ...Business May 9, 2025 | 4:56 pm
Indonesia Sticks to Ambitious 1 Million bpd Oil Production Target by 2030 Despite Downward Trend
... December last year, Indonesia’s oil production averaged approximately 600, ... to the reactivation of idle oil wells as a key strategy to ... We have over 40,000 oil wells nationwide, yet only around 16 ... on imported fuel. Indonesia’s oil production has been declining ...Business May 1, 2025 | 10:05 pm
Most of Indonesia’s Oil Consumption Supplied by Singapore
... does not produce crude oil. Indonesia’s domestic oil production stands at ... is the reactivation of idle oil wells across the country, Bahlil ... "We have over 40,000 oil wells, but most of them are ... -- only around 16,000 wells are currently active," he said ...Business Jan 30, 2025 | 11:28 pm
Indonesia Aims to Boost Oil Output to 1 Million Bpd in Four Years
... is the reactivation of idle oil wells across the country, Bahlil ... "We have over 40,000 oil wells, but most of them are ... -- only around 16,000 wells are currently active." Earlier this ... half of Indonesia’s projected crude oil exports -- approximately 28 million ...Business Jan 30, 2025 | 12:20 pm
Indonesia Plans to Build Oil Reserve Facility Near Singapore to Reduce Imports
... to wait for favorable oil prices before making purchases. ... fuel imports despite lacking domestic oil resources. "Singapore is not ... direct and cost-efficient oil purchases. Bahlil pointed out ... optimizing Indonesia’s oil wells. Of the 44,900 wells across the ...News Dec 11, 2024 | 5:02 pm
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