Indonesia’s oil lifting, the colloquial term for ready-to-sell production, fell by 6.6 percent to 750,600 barrels of oil per day (bopd) throughout the first quarter because of a natural decline of reserves at various fields across the country.
The emerging market for Predictive Maintenance shows increasing growth as maintenance strategies move from what has been known as Condition-based Maintenance to Analytics- and IoT-enabled Predictive Maintenance. New IoT platforms, low-cost secure cloud storage as well as analytics vendors that offer dynamic data models play an increasing role in the technology transition.
Indonesia has declared a state of emergency around a port on Borneo island, officials said on Tuesday, after a large oil spill and fire killed four people at the weekend.
JAKARTA: Indonesia will delay until 2020 trade rules requiring exporters of coal and crude palm oil to use only Indonesian-flagged vessels, which had raised concerns over the availability of local vessels, government officials said, putting off efforts to develop local shipping and save foreign exchange reserves.
A coal ship that dropped anchor off the coast of the Indonesian port city of Balikpapan on Borneo island was likely to blame for an oil spill, after dragging a pipeline more than 100 metres and causing it to crack, an energy ministry official said.
International environmental group Greenpeace has demanded that state oil and gas company Pertamina take full responsibility and come up with a transparent and comprehensive plan to address a recent oil spill in Balikpapan Bay, which has killed five people and posed health and environmental hazards in the area. The government reported that the spill had spread across around 12,900 hectares of fishing waters, larger than the size of Bogor city in West Java.
State Electricity Company (PLN) plans to operate the Coal Processing Plant (CPP) technology. This technology is predicted to be PLN's mainstay efficiency, to meet the needs of coal.
Coal mining companies have reported potentially significant decreases in revenue, following the implementation of Energy and Mineral Resources Decree No. 30/2018 on coal domestic market obligation since March 12.
Dozens of coal miners are at risk of losing hundreds of millions of US dollars in potential revenue as a result of the government’s decision to require mining companies to sell coal at discounted prices to state electricity firm PLN under the domestic market obligation (DMO).