Indonesia targets increased liquefied gas production, regulator says
Indonesia wants to increase its liquefied gas production by 1 million tons per year in order to reduce the amount of cooking fuel imported, said the head of Indonesia's upstream oil regulator on Tuesday. The new president…
Indonesia approves Eni's Geng Nord gas project development plan
SKK Migas, Indonesia's upstream oil-and-gas regulator, said Friday that Indonesia had approved the plan of developments (POD) of the first phase for Geng North, an Italian Eni gas field in the Makassar Strait. SKK Migas confirmed…
Indonesia Produced 104.8 LNG Cargoes in Jan-June Period
Indonesia produced 104.8 standard cargoes of liquefied natural gas (LNG) from its Bontang and Tangguh LNG plants in between January to June. Susana Kurniasih, upstream oil and gas regulator SKK Migas' spokeswoman told Reuters.79…
Egypt Lowers Gas Grid Usage Fees
Egypt has lowered the usage fees for its national gas grid by 24% to reach $0.29 per mmbtu, the national gas regulator said on its website on Sunday.Egypt had first set the usage fees at $0.38 per mmbtu in Aug.
Indonesia Inks 20-year PSC for Corridor Block
Indonesia's government signed on Monday a production sharing contract with units of ConocoPhillips, PT Pertamina and Repsol SA for the Corridor natural gas blocks, Energy and Mineral Resources Minister Arifin Tasrif told reporters.The contract will extend by 20 years the cur
Exxon's Cepu Production May Exceed Capacity
Crude output from Exxon Mobil Corp's Cepu block may exceed its capacity of 220,000 barrels per day (bpd) this year, to reach 235,000 bpd, upstream oil and gas regulator SKK Migas told reporters on Thursday.Potential reserves at the block are bigger than initially estimated a
Indonesia Extends Corridor Block Contract
Indonesia has agreed to extend the production sharing contract for the Corridor natural gas block with ConocoPhillips, Spain's Repsol SA and Pertamina, Deputy Energy Minister Arcandra Tahar said on Monday.The existing contract…
Masela Development Approval Nears
The Indonesian government is set to approve Japanese Inpex Corp's revised plan of development for the Masela natural gas block next week, the chairman of the country's upstream oil and gas regulator SKK Migas said on Wednesday.The government is expecting Inpex to submit the
Exxon to Be Indonesia's Top Oil Producer
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's biggest oil producer, the country's upstream oil and gas regulator (SKKMigas) said.In second place Chevron Corp unit Chevron Pacific Indo
Indonesia's Oil Output Rises
The Indonesian unit of Chevron Corp produced 209,400 barrels of oil per day (bpd) from the Rokan block in 2018, down from 223,000 bpd a year earlier, Dwi Soetjipto, chairman of upstream oil and gas regulator SKK Migas said.Exxon Mobil produced 209,300 bpd of crude oil from t
Chevron exits Indonesia's Makassar Strait block
Chevron will exit the Makassar Strait gas block in the Indonesia Deepwater Development (IDD) offshore natural gas project to focus on more promising areas in the venture, Indonesian officials said on Wednesday.Indonesia's…
Dutch Regulator to Advise on Groningen Gas Production in Two Weeks
The Dutch gas regulator will decide within two weeks how much production needs to be cut at the Groningen field to reduce the risk of earthquakes, it said on Thursday. The State Supervision of Mines said a proposal by gas operator NAM to limit production in Groningen…
Honda says Fuel From Shell, Total, PSO Harms Engines in Pakistan
Pakistan's state oil and gas regulator said on Thursday it would investigate a complaint that fuel suppliers including local units of Shell and Total as well as Pakistan State Oil (PSO) had added manganese to their gasoline.
Brazil: 17 Firms Registered to Bid for Pre-salt Oil Exploration
A total of 17 companies have registered to take part in two rounds of bidding for licenses to explore pre-salt oil areas in Brazil, Oil and Gas Secretary Marcio Felix said on Thursday. The auctions next month include some of the most promising oil blocks in the world.
Pakistan orders Shell Subsidiary to Pay for Tanker Blast
Pakistan's oil and gas regulator on Friday ordered a subsidiary of Royal Dutch Shell to pay about 257 million rupees ($2.4 million) in damages and compensation for a tanker explosion that killed more than 200 people. The…
Oklahoma regulator issues new directive to curb quakes
Oklahoma's oil and gas regulator on Friday issued a wider directive limiting future increases in wastewater disposal underground in another effort to address a rash of temblors that have occurred amid the shale boom. The…
Petrobras Likely to Get Credit for Oil-for-shares Transfer
The revision of a massive exploration contract between Brazil's government and Petrobras will be based on the price of oil at the end of 2014, likely leaving the state-run oil company with a credit, the oil and gas regulator ANP said on Tuesday.
Indonesian Approved $1.5 bln of O&G Projects from Jan-Apr
Indonesia's upstream oil and gas regulator, SKK Migas, approved development plans for 18 oil and gas projects from January to April, with a total investment of $1.496 billion, it said in a statement on Sunday. SKK Migas estimated…
Canada's Liard Basin Among World's Biggest Shale Gas Plays
Northwest Canada's remote Liard Basin is the world's ninth largest shale gas resource, according to a new assessment released by Canadian regulators on Wednesday, although it may take years to develop given depressed global energy prices.
15 Oil & Gas Blocks Returned to Indonesia
Investors returned eight blocks in 2014, five in 2013; companies lost $820 mln in costs on blocks returned in 2015. Oil and gas investors relinquished 15 exploration blocks to the Indonesian government in 2015, nearly double those they returned the previous year…
