#crude oil

Collection of crude oil news, found 512 news.

IHSG ends higher on positive domestic cues

The Jakarta Composite Index (IHSG) ended higher on Monday as foreign investors continued to buy shares and news of ...

ICP increased to US$42 per barrel until September

The Indonesian Crude Price (ICP) rose by an average of US$4 to US$42 per barrel in the year ending September 30, 2020, ...

PGN ready to channel gas to Tambak Lorok power plant

State-owned gas company PT Perusahaan Gas Negara (PGN), through its subsidiary Saka Energy Muriah Ltd, is ready to ...

Pertamina's oil, gas production 98% of target as of July

State-run oil company PT Pertamina Group, as of July, produced 875 thousand barrel of oil equivalent per day (MBOEPD), ...

Annual Speech

Jokowi highlights Indonesia's efforts to attain energy autonomy

President Joko Widodo (Jokowi) pointed to Indonesia’s massive endeavors, including through the production of ...

Kadin requests government to build gas pipeline in Trans-Kalimantan

West Kalimantan Chapter demanded the government to quickly begin construction of the Trans-Kalimantan natural gas ...

Indonesian government pushes Sinopec to build oil depot in Batam

Indonesia's government has pressed Sinopec Group, a Chinese oil and gas conglomerate company, for materializing the ...

Rescue workers dispatched to locate missing tugboat skipper

A search has been launched for the skipper of tugboat Multi Sahabat 8, who went missing after his vessel capsized in ...

PGN commences 367-km crude oil pipeline construction in Rokan Block

Indonesia's state gas utility PT Perusahaan Gas Negara (PGN) will begin construction on a 367-kilometer (km) crude ...

Oil, gas industry to evade imports despite plummeting crude prices

Indonesia's oil and gas upstream industry will continue production and steer clear from imports despite the ...

COVID-19: Plastic recycling industry laid off 63 thousand workers

The plastic recycling industry has laid off at least 63 thousand workers as an impact of the COVID-19 pandemic, ...

Problems of food crisis, energy resilience looming over Indonesia

President Joko Widodo (Jokowi) has thrown strong light on some problems pertaining to food crisis, energy resilience, ...

BKF estimates continuing oil price slump could widen budget deficit

The Finance Ministry's Fiscal Policy Agency (BKF) has projected that the continuing drop in global oil prices could ...

Indonesia's trade balance records $0.86 billion deficit

Indonesia's trade balance recorded a US$0.86 billion deficit in January 2020, up from $0.06 billion one month ...

Indonesia clocks US$864-million trade deficit in January 2020

Indonesia's trade balance in January 2020 witnessed a deficit of US$864 million, with export value totaling $13.41 ...