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Indonesia Energy Corporation Limited
As of May 30, 2026 at 24:05 UTC
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About Indonesia Energy Corporation Limited
Indonesia Energy Corp Ltd is an oil and gas exploration and production company focused on Indonesia. The company is an independent energy company engaged in the oil and gas business and holds two oil and gas assets through its subsidiaries in Indonesia: The Kruh Block and the Citarum Block. It has also identified a potential third exploration block known as the Rangkas area. . Its portfolio consists of Kruh Block and Citarum Block. The company generates its revenue from oil and gas sales.
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Latest News
5 articlesIndonesia Energy Corporation will present its development, drilling, and exploration plans at the H.C. Wainwright conference, focusing on its Kruh and Citarum Blocks in Indonesia and potential expansion into Brazil.
The report analyzes the top 10 foreign suppliers of textiles and clothing to the US in 2024, with China remaining the largest supplier. US textile and clothing imports rose in value and volume, with increases in imports of fabrics, made-up textiles, and clothing. However, the average price of imports fell to a record low.
Asian bonds saw foreign inflows for the second consecutive month in June, driven by expectations of a Federal Reserve rate cut amid easing inflation and cooling labor market conditions. Overseas investors acquired a net $3.05 billion worth of bonds in Indonesia, India, Malaysia, South Korea, and Thailand.
Environmental permits granted at Citarum Block, where natural gas reserves could potentially exceed a billion barrels of oil equivalent