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 ...

Cepu, estimated to have recoverable reserves of up to 600 million barrels, is expected to produce up to 180,000 barrels daily at its peak. Indonesia produced 862,000 bpd of crude oil in November ...

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 ...

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

JAKARTA, Jan 22 (Reuters) - Oil production from the $2.6 billion Cepu oil and gas project in Indonesia will be delayed again and is now expected to begin in 2010, instead of the first quarter of ...

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 ...

Exxon Mobil Corp. said its Cepu oil and gas block in Indonesia’s Central province hasn’t been disrupted by a demonstration of contract oil workers. “We can confirm that to date, there has ...