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Indonesia Energy Corporation Limited operates as an oil and gas exploration and production company in Indonesia.

The company holds interests in the Kruh Block, a producing block covering an area of 258 square kilometers with net crude oil proved reserves of 2.06 million barrels located to the northwest of Pendopo, Pali, South Sumatra; and the Citarum Block, an exploration block covering an area of 3,924.67 square kilometers located onshore in West Java.

The company was incorporated in 2018 and is headquartered in Jakarta, Indonesia. Indonesia Energy Corporation Limited is a subsidiary of Maderic Holding Limited.

Latest News >
Sector Update: Energy Stocks Edge Higher Premarket Friday
Sector Update: Energy Stocks Edge Higher Premarket Friday
Apr 19, 2024
09:19 AM EDT, 04/19/2024 (MT Newswires) -- Energy stocks were edging higher premarket Friday with the Energy Select Sector SPDR Fund ( XLE ) recently up 0.1%. The United States Oil Fund ( USO ) was 0.7% lower and the United States Natural Gas Fund ( UNG ) was up 1.8%. Front-month US West Texas Intermediate crude oil was down...
Sector Update: Financial Stocks Advance Premarket Friday
Sector Update: Financial Stocks Advance Premarket Friday
Apr 19, 2024
09:17 AM EDT, 04/19/2024 (MT Newswires) -- Financial stocks were advancing premarket Friday with the NYSE Financial Index rising 0.3% and the Financial Select Sector SPDR Fund ( XLF ) up 0.1% recently. The Direxion Daily Financial Bull 3X Shares ( FAS ) was 0.4% higher and its bearish counterpart Direxion Daily Financial Bear 3X Shares ( FAZ ) was...
Schlumberger's Strategic Expansion Pays Off: Surpasses Q1 Topline Expectations, Commits To $7B Shareholder Return
Schlumberger's Strategic Expansion Pays Off: Surpasses Q1 Topline Expectations, Commits To $7B Shareholder Return
Apr 19, 2024
Schlumberger N.V. ( SLB ) reported a first-quarter 2024 revenue increase of 13% year-over-year to $8.707 billion, beating the consensus of $8.689 billion. The company stated that almost half of the year-on-year revenue increase came from the Aker subsea business, which was added as part of our OneSubsea joint venture in the fourth quarter of 2023. Related: Schlumberger Expands Carbon Capture Reach Through Aker ACC Deal: Details...
US STOCKS SNAPSHOT-S&P, Dow open flat as Middle East jitters ease, Netflix weighs on Nasdaq
US STOCKS SNAPSHOT-S&P, Dow open flat as Middle East jitters ease, Netflix weighs on Nasdaq
Apr 19, 2024
April 19 (Reuters) - The Dow and the S&P 500 opened flat on Friday as initial jitters about an escalation in the Middle East conflict subsided, while Netflix dropped after forecasting current-quarter revenue below estimates, weighing on the Nasdaq. The Dow Jones Industrial Average rose 26.60 points, or 0.07%, at the open to 37,801.98. The S&P 500 opened lower by...
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