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Eni's $15B Gas Projects in East Kalimantan: A New Era 21/04/2026

Eni Indonesia Is On the Go

Drilling in East Kalimantan - Photo by Rick Patenaude. Global energy company Eni has approved the Final Investment Decision (FID) for the Gendalo–Gandang (South Hub) and Geng North–Gehem (North Hub) offshore gas projects in East Kalimantan, just 18 months after POD approval in 2024—highlighting rapid progress in Indonesia’s deepwater sector. With over US$15 billion in investment, the projects will use existing infrastructure, including the Jangkrik FPU and Bontang LNG Train F, to reduce costs and speed up gas commercialization....

Eni's $15B Gas Projects in East Kalimantan: A New Era Eni's FID for gas projects in East Kalimantan signals major investment and accelerated production in Indonesia's deepwater sector.

Venezuela's Oil Legacy: The Impact of Well Zumaque I 17/01/2026

The First Oil Discoveries in Venezuela

The first oil discovery well in Venezuela, the Zumaque -1 (MG-1) This is the story and enduring legacy of Venezuela’s first oil discoveries and early petroleum development, which began in the early 20th century and went on to reshape global energy history. The birth of Venezuela’s oil industry is traced to Well Zumaque I, also known as MG-1, which was drilled on July 31, 1914, by the Caribbean Petroleum Company, a subsidiary of Royal Dutch Shell, at Mene Grande in the state of Zulia....

Venezuela's Oil Legacy: The Impact of Well Zumaque I Explore the legacy of Venezuela's first oil well, Zumaque-1, and its impact on global energy and technological advancements.

Why Some Oil Companies Don’t Last 17/05/2025

by Eddy Ong The oil and gas industry has long been characterized by significant mergers and acquisitions (M&A), reflecting the sector's dynamic and complex nature. These strategic consolidations have shaped the global energy landscape, influencing market dynamics, competitive standing, and technological advancements. The history of M&A in the oil industry dates back to the late 19th and early 20th centuries when major oil companies began to consolidate their operations to gain control over production, distribution, and marketing....

Why Some Oil Companies Don’t Last by Eddy Ong The oil and gas industry has long been characterized by significant mergers and acquisitions (M&A), reflecting the sector’s dynamic and complex nature. These strategic consoli…

Geothermal Companies on the Move in Indonesia 22/04/2025

Darajat Geothermal Work Area of Star Energy Indonesia is aiming to become the world's largest geothermal energy producer, according to Eniya Listani Dewi, Director of New and Renewable Energy and Energy Conservation of Indonesia, in her meet-the-press presentation during the 11th Indonesia International Geothermal Convention and Exhibition on April 14, 2025, in Jakarta. Indonesia is the world’s second-largest geothermal energy producer, with a total installed capacity of 2680 MW, while the US is the largest, with 3937 MW....

Geothermal Companies on the Move in Indonesia Darajat Geothermal Work Area of Star Energy Indonesia is aiming to become the world’s largest geothermal energy producer, according to Eniya Listani Dewi, Director of New and Renewable Energy…

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