#crude oil

Collection of crude oil news, found 512 news.

Indonesian crude price increases to US$61.32 per barrel

The Indonesian crude price (ICP) stood at US$61.32 per barrel in July 2019, a slight increase of $0.32 per barrel, from ...

Karawang's salt farmers suffer losses from Pertamina's oil spill

Salt farmers in the northern coast of Karawang, West Java, suffered Rp500-Rp700 million losses from oil spilling from ...

Renewable energy complementary to fossil fuel: practitioner

New and renewable energy is still supporting or complementary to the use of fossil energy, national oil and gas ...

IHSG strengthens as tensions allay over US-China trade war

The Indonesia composite share price index (IHSG) of the Indonesia Stock Exchange (BEI) strengthened on Friday morning ...

Oil potentials in Indonesia need more exploration: association

President of the Indonesian Petroleum Association (IPA) Tumbur Parlindungan expects oil and gas exploration activities ...

Ministry focuses attention on using natural gas for domestic demand

The Ministry of Energy and Mineral Resources (ESDM) is laying emphasis on the utilization of natural gas for domestic ...

Continental Enters Into Conditional Financing Arrangement for Maloy Refinery

- Continental Energy Corporation (OTCQB:CPPXF) (the "Company") today announced that it has entered into a conditional ...

Rupiah correction occurs early this week as Asian currencies tumble

A correction again occurred in the exchange rate of the rupiah traded at the Jakarta interbank market earlier this week ...

Geopolitical issues spike ICP to US$68.31 per barrel

The turbulence in world politics over the past month has sent the Indonesian Crude Price (ICP) soaring to US$68.31 per ...

R&I affirms Indonesia's sovereign credit rating is stable

Rating and Investment Information, Inc. (R&I) has affirmed Indonesia’s Sovereign Credit Rating at BBB has a ...

Murphy Oil Corporation announces strategic sale of Malaysian portfolio in all-cash transaction valued at US$2.127 billion

- Murphy Oil Corporation (NYSE: MUR) (“Murphy”) announced today that a subsidiary has signed a sale and purchase ...

Indonesia's trade balance records USD0.33 billion surplus in February

Indonesia’s trade balance recorded a USD0.33 billion surplus in February 2019, reversing the previous USD1.06 ...

Rupiah falls after three consecutive days of strengthening

The exchange rate of the rupiah transacted between banks in Jakarta on Thursday afternoon fell after strengthening in ...

ICP rises to $61.31 per barrel for February 2019

The alleged sign signifying the near-end of the US and China trade war has pushed the Indonesian Crude Price (ICP) to ...

Indonesia`s trade balance records US$1.16 billion deficit in January

Indonesia`s trade balance recorded a US$1.16 billion deficit in January 2019, up slightly from $1.03 billion the month ...