ExxonMobil is making steady progress on the $2 billion-plus Banyu Urip oilfield development on the Cepu block in Indonesia, writes Russell Searancke. A huge floating storage and offloading vessel ...

Indonesia's State Minister for State Enterprises Sugiharto expects delays in production from the Cepu Block in Central Java due to continued disagreement between PT Pertamina and ExxonMobil Oil ...

In November, Indonesian President Susilo Bambang Yudhoyono ordered state oil company PT Pertamina to jointly operate the Cepu Block with ExxonMobil Corp. on a rotating basis, according to ...

JAKARTA, Dec 2 (Reuters) - Indonesia will produce the first oil from Cepu block, one of its biggest oil finds in a decade, on December 10, a senior official at oil watchdog BPMIGAS said on Tuesday.

JAKARTA, May 21 (Reuters) - ExxonMobil Corp's Cepu oil block in Indonesia is expected to triple its production to 80,000 barrels per day (bpd) by the end of this year, the country's oil minister ...

Along with our strategic partners in Cepu Block and the support of the Government of Indonesia, we continue to actively support Indonesia’s energy security by contributing around 25 percent of the ...

JAKARTA -(MarketWatch)- Exxon Mobil Corp.'s XOM, -0.53% Indonesian unit said Monday that it discovered a second oil field at the Cepu Block it operates in East Java Province. "Its similarity to ...

Indonesia had said previously that the supermajor had agreed to a price-based revenues sharing scheme under which ExxonMobil would get 6.75% of the revenues from Cepu if oil prices stayed above $ ...

JAKARTA, June 14 (Reuters) - Indonesia has rejected a proposal to increase crude output from the Cepu block operated by U.S. oil and gas giant Exxon Mobil to up to 200,000 barrels per day ...