Hernanda Hannanto World oil prices sluggish, demand continues to slow down ** Jakarta,- Crude oil prices were observed to weaken on Monday (11/3/2024), continuing their correction since trading last weekend as the market is still nervous about slowing demand and has large... Mar 12, 2024
Hernanda Hannanto LEGAL! PETRONAS WINS OIL AND GAS BLOCK AUCTION IN PAPUA, HERE'S HOW MUCH IT WILL PRODUCE ** Jakarta,- The Ministry of Energy and Mineral Resources (ESDM) announced the winner of the bidding auction for oil and gas Working Area (WK) Phase III Year 2023 for WK Bobara, West Papua. Th... Feb 20, 2024
Hernanda Hannanto Abundant Stockpiles, World Oil Prices Slump ** Jakarta,- World crude oil prices strengthened limited after a US industry group reported crude oil stockpiles rose more than expected last week and as investors curbed expectations of an interes... Feb 14, 2024
Hernanda Hannanto Pertamina, ENI & Petronas Explore Oil and Gas Blocks in Africa and America ** Jakarta,- PT Pertamina Hulu Energi (PHE) is collaborating with Italian oil and gas company ENI and Malaysian Petronas to explore potential oil and gas blocks in Africa and South America. PHE E... Feb 6, 2024
Hernanda Hannanto Italian Oil and Gas Giant's Jumbo Project to Invest Rp 250 T in Indonesia ** Jakarta,- Italian oil and gas giant ENI will invest US$ 16 billion or around Rp 250.4 trillion (assuming an exchange rate of Rp 15,650 per US$) in Indonesia. The investment plan is intended to ... Feb 6, 2024
Hernanda Hannanto Fed holds interest rate, oil prices weaken ** Jakarta,- Crude oil prices moved against the grain into the red zone after rallying to October 2023 levels. The weakening of oil prices is in line with the statement of the United States central... Feb 1, 2024
Hernanda Hannanto Crude Oil Prices Weaken Further ** Jakarta, - Oil prices are now declining further due to the widespread global risk atmosphere in the market, as the strengthening of the United States (US) dollar masks concerns in the Middle East... Jan 17, 2024
Hernanda Hannanto 15 Oil and Gas Projects This Year, 41,000 Barrels of Additional Oil ** Jakarta, The Special Task Force for Upstream Oil and Gas Business Activities (SKK Migas) noted that there are 15 upstream oil and gas projects that will be onstream or operational in 2024. The 1... Jan 16, 2024
Hernanda Hannanto Oil Prices Rise on Tensions in Middle East ** Jakarta, - Oil prices rallied in Asian trading on Thursday (11/1). The strengthening was due to market sentiment on rising tensions in the Middle East and a surprise rise in US crude stockpiles t... Jan 11, 2024
Hernanda Hannanto Saudi Arabia heavily discounts oil prices for Asian markets ** JAKARTA - Saudi Aramco, the largest oil company in Saudi Arabia, recently cut the price of its flagship crude oil for the February 2024 contract to its lowest level in 27 months. Quoting Asharq A... Jan 9, 2024
Hernanda Hannanto Saudi Arabia's oil prices fall to lowest level in 27 months ** *JAKARTA -* Saudi Arabia, the world's top crude oil exporter, said it would cut the price of its flagship Arab Light crude oil in February for Asian customers to the lowest level in 27 months. Th... Jan 7, 2024
Hernanda Hannanto PHR Hunts for Oil Reserves in Mibasa and Pinang East Wells of Rokan Block ** PEKANBARU - PT Pertamina Hulu Rokan (PHR) is exploring with a number of wells to increase production, in order to support the achievement of the national target of 1 million barrels of oil pe... Jan 3, 2024