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Pertamina EP Discovers 133 Million Barrels of Oil Reserves and Surpasses Production Targets

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In a significant development for Indonesia’s energy sector, state-owned operator Pertamina EP has announced the discovery of new oil and gas reserves, estimated at 133 million barrels of oil equivalent (MMBOE). This find marks a crucial milestone in the company’s ongoing efforts to bolster domestic energy security and sustain production levels amidst shifting global market … Read more

Eni Discovers Massive 5 Trillion Cubic Feet Gas Reserve in East Kalimantan, Indonesia

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Massive Natural Gas Discovery Reported in Indonesia’s Kutai Basin Indonesian officials have announced the identification of a substantial natural gas reserve in the Kutai region of East Kalimantan, with preliminary estimates suggesting potential volumes of up to 5 trillion cubic feet (Tcf). The disclosure, made by Minister of Energy and Mineral Resources Bahlil Lahadalia, has … Read more