#crude oil

Collection of crude oil news, found 204 news.

Indonesia to continue Russian oil imports if compliant: minister

Energy and Mineral Resources (ESDM) Minister Bahlil Lahadalia confirmed that Indonesia will continue importing Russian ...

Govt keeps subsidized fuel prices unchanged

The Indonesian government will keep subsidized fuel prices unchanged despite rising global crude oil prices, ...

B50 cuts diesel imports, save Indonesia Rp170 trillion in forex

The implementation of the 50 percent palm oil-based biodiesel blend (B50) mandate will save Indonesia roughly Rp170 ...

Govt accelerates renewable energy development amid global turmoil

Indonesia's Energy and Mineral Resources (ESDM) Ministry is accelerating the development of new and renewable ...

Indonesia targets higher oil lifting of 612,500 bpd in 2027: Bahlil

Energy and Mineral Resources (ESDM) Minister Bahlil Lahadalia announced a national crude oil lifting target of 612,500 ...

NABEP Appoints Sara Chouraqui as General Counsel

-North American Blue Energy Partners (NABEP) has appointed Sara Chouraqui as General Counsel, with Elizabeth Collery ...

Indonesia's oil output 5 percent below 2026 target, ministry says

The Ministry of Energy and Mineral Resources (ESDM) said on Wednesday that Indonesia's average crude oil production ...

Rupiah strengthens as oil prices fall on Middle East peace hopes

The rupiah exchange rate against the US dollar opened at Rp17,695 per US dollar on Wednesday, gaining 28 points, or ...

Indonesia Finance Minister confident 2027 budget targets can be met

Finance Minister Purbaya Yudhi Sadewa expressed strong optimism that the targets outlined in the 2027 Draft State ...

Annual Budget Speech

Indonesia targets 6 percent economic growth in 2027, Prabowo says

The government is targeting Indonesia's economic growth to reach 6 percent year-on-year in 2027, according to the ...

Govt to restrict Pertalite subsidies for upper deciles in phases

The government plans to phase in restrictions on subsidized fuel, specifically Pertalite, targeting high-income ...

Indonesia maintains fuel subsidy as global oil prices stay high

Indonesia's Coordinating Minister for Economic Affairs Airlangga Hartarto said the government will keep the price ...

Indonesia eyes near 6 percent economic growth in H2 2026

Finance Minister Purbaya Yudhi Sadewa expressed optimism, Wednesday, that Indonesia's economic growth could reach ...

Govt preparing long term contract for Russian crude imports: Minister

Indonesia's Energy and Mineral Resources Minister Bahlil Lahadalia said the government is preparing a long term ...

Prabowo pushes miners to comply with downstreaming policy

President Prabowo Subianto has urged companies holding special mining permits (IUPK) to adhere to Indonesia’s ...