Indonesia aims to boost daily oil output to 1 million barrels
Currently, Indonesia's daily oil consumption stands at 1.6 million barrels and it sets an ambitious target of achieving 1 million barrels of oil per day by 2029 or 2030.
Indonesia plans to optimise domestic oil production (Photo: Getty)
Jakarta (VNA) - The Indonesian government has set an ambitious target of achieving 1 million barrels of oil per day by 2029 or 2030 to strengthen the nation's energy security, Deputy Minister for Energy and Mineral Resources Yuliot Tanjung said on July൲ 2.
To achieve the goal, the government plans to optimise domestic oil production, which currently ranges between 580,000 and 600,000 barrels per day. Tanjung noted that all available potential in domestic fields must be fully utilised to reach the target.
The government was also urging cooperation contract contractors with working areas to ramp up their production. Tanjung recommended that these contractors collaborate with technology vendors to enhance operational efficiency and productivity.
Currently, Indonesia's daily oil consumption stands at 1.6 million barrels, highlighting the urgency of boosting domestic production to reduce reliance on imports./.
Indonesia plays an important role in the ASEAN digital ecosystem, with a population of 280 million people, or around 40% of the ASEAN population, and makes a substantial contribution to the region's digital economy.
Indonesia will establish the National Cyber and Artificial Intelligence (AI) Task Force to strengthen national digital resilience and uphold human rights.
According to the official, the digital economy has played a key role in lifting the Thai economy. In the past five months, the value of digital exports tallied 860 billion THB (26.54 billion USD), up 35% year-on-year.
The event underscored Vietnam’s proactive role in advancing human rights in the context of climate change, helped strengthen its network of partners, and shared practical lessons with the international community.
SEA Games 33 is scheduled for December 9–20 in Bangkok, Chon Buri, and Songkhla, while the ASEAN Para Games 13 will take place from January 20–26, 2026, in Nakhon Ratchasima
Danantara CEO Rosan Roeslani said the collaboration could help Indonesia achieve its renewable energy targets, including a 34% renewable energy mix by 2034 and 87% by 2060.
The Joint Standing Committee on Commerce, Industry and Banking (JSCCIB) is preparing to hold discussions with the Bank of Thailand, the National Economic and Social Development Council (NESDC), the Finance Ministry and the Commerce Ministry to realign economic priorities given the limited available resources, with a focus on the next 6-12 months.
In its first year, Tomorrowland will hold a 2-3 day event, offering exclusive packages, pre- and post-tours, and hotel accommodations. This model will resemble Tomorrowland in Belgium, which will significantly boost Thailand’s tourism industry.
The police has taken appropriate measures to ensure high preparedness ahead of this meeting, and the main focus is on the security of VIPs, traffic control and handling emergencies, he said, adding the team will use sophisticated technologies such as facial recognition systems and explosives detection to ensure the event runs smoothly.
At a press briefing on July 3, Indonesia's national search and rescue agency chief Mohammad Syafii confirmed that five people died in the incident and 25 are still missing.
Thai Deputy Prime Minister and Interior Minister Phumtham Wechayachai was assigned Acting Prime Minister, replacing caretaker Prime Minister Suriya Juangroongruangkit, following a special Cabinet meeting on July 3.
Under the new regulations, only pedestrians and users of personal mobility aids (PMAs), such as electric wheelchairs, are allowed on pedestrian-only paths, which are marked with the words “pedestrians only.” Cycling paths, by contrast, are painted red.
The two-tier local government model will serve as a key driver for Vietnam’s green economic development and enhanced governance capacity amid the Fourth Industrial Revolution and deep international integration, according to Prensa Latina.
The Indonesia Manufacturing Purchasing Managers’ Index (PMI) from S&P Global, released on July 1, dropped to a reading of 46.9 in June from 47.4 in May, indicating a further deterioration in the health of goods-producing industries.
From July 1, 2025 to December 31, 2026, the new tariff in Malaysia aims to boost electricity costs by 10-14% before surcharges for major consumers such as data centres.
Malaysia is focusing on seamless accessibility, improved infrastructure, and sustainability-driven experiences that meet the changing preferences of modern travellers, according to Minister of Tourism, Arts, and Culture Datuk Seri Tiong King Sing.
Phuket Eye, part of the Phuket Model initiative, is a cooperative project that safeguards safety, prioritising crime suppression, tourist safety inspection, and traffic management.
Malaysia’s consistent approach of diversifying into new markets has allowed the country to stay competitive and resilient against external pressures, said an official of the Malaysian Ministry of Trade, Investment and Industry.
