Indonesia

While Indonesia held proven oil reserves of 4.72bn barrels at the end of 2004, according to the June 2005 BP Statistical Review of World Energy, the December 2005 Oil & Gas Journal... 2006-05-05

ExxonMobil has sold off its stake in a gas field located in Indonesia's Aceh province for US$51mn, a decision prompted by the US oil major's struggle to up the field's small and costly... 2006-04-27

China National Petroleum (CNPC), the country's biggest state-owned oil company, has recently won rights to explore an oil and gas block in Indonesia's Papua province, boosting the... 2006-04-20

UK-based Premier Oil has two good reasons to celebrate, having reported a 75% rise in net profit at the same time as the independent explorer announced another gas discovery in Indonesia.... 2006-03-31

The tortuous saga of who will hold operatorship of Indonesia's mega Cepu block finally came to an end, with ExxonMobil inking a final deal with Indonesian state oil company Pertamina.... 2006-03-15