Indonesia Asks Exxon To Boost Oil Production

Indonesia on Monday asked U.S. supermajor ExxonMobil to raise its crude oil production in the country to 150,000 barrels per day (bpd) in 2026, up from 125,000 bpd, Bahlil Lahadalia, Indonesia’s Minister of Energy and Mineral Resources, said. Lahadalia, who visited the Cepu Block in East Java – Exxon’s flagship upstream project in the country – called on the supermajor to boost output to help the country reduce its budget deficit and dependence on imports. “Indonesia’s current oil production is about 577,000...