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Oil and Gas History in Indonesia
Oil, gas history in Indonesia, one in 1871 first oil drilling business in Indonesia, conducted in Cirebon. Because the results slightly, then closed. 1883 Concession first two oil concessions handed over to the Sultan Langkat Aeilko J. Said Zijlker to lake area near the base Brandan. 1885 Production of the first three lake Said, which [...]
Saturday, February 4th, 2012US Short Term Energy Outlook
Energy outlook, EIA expects the U.S. average refiner acquisition cost of crude oil to remain relatively flat, averaging about $100 per barrel in 2011 and 2012. The value of West Texas Intermediate (WTI) benchmark crude oil was about $11 per barrel below the U.S. refiner acquisition cost of crude oil in the third quarter of [...]
Wednesday, November 30th, 2011Exxon Worldwide Oil and Gas Production Decline 4.28 mb per day
Exxon’s oil and gas production declined by 3.8 percent during July-September period is equivalent to 4.28 million barrels of crude per day, the company Irving, Texas-based said yesterday in a statement. That is the lowest output since the second quarter of last year and the biggest drop since 2008. Exxon, the world’s largest company by [...]
Friday, October 28th, 2011