There’s good news for Pertamina of Indonesia which has started making concrete progress on its Jambaran Tiung Biru (JTB) onshore giant gas development project in Java. This already delayed $1.5 billion project is targeted to be completed in 2021. Launched in 2012, the construction of the project began in 2016. However, until today, only 36%...Continue Reading

International Petroleum Corporation (IPC), a Toronto-listed petroleum company based in Canada was carrying out exploration on the Keruing prospect on Block PM307 off Malaysia. However, the exploration resulted in no luck when they found that the well turned out to be dry. They also found out that the well was plugged and abandoned.  In its...Continue Reading