#crude oil

Collection of crude oil news, found 497 news.

Pertamina Hulu Rokan produces 161 thousand barrels crude oil daily

PT Pertamina Hulu Rokan (PHR) Riau, a subsidiary of Indonesia's state-owned oil and gas company, produced up to 161 ...

Efficiency becomes simple step to address global energy crisis: govt

The Ministry of Energy and Mineral Resources (ESDM) continues to encourage energy efficiency measures as a simple step ...

Increased prices of key export commodities beneficial for Indonesia

The surge in prices of key export commodities in the global market worked in Indonesia's favor, with the state ...

Govt promotes energy savings program to reduce energy crisis impact

The Indonesian government is promoting the national energy savings program as a strategic step to alleviate the impact ...

Economy to grow to 5.2 percent in first semester: Minister

Finance Minister Sri Mulyani Indrawati estimated that the national economy would record some improvement, growing from ...

Cilacap: Pertamina investigates oil spill in Donan River

State oil company PT Kilang Pertamina Internasional’s (KPI's) Refinery Unit (RU) IV Cilacap is investigating ...

Pertamina posts record net profit of Rp29.3 trillion

State-owned oil and gas firm PT Pertamina (Persero)  posted a record net profit of Rp29.3  trillion in ...

Pertamina's largest share of 2021 profit from upstream sector

The upstream sector accounted for the largest share of state-owned oil and gas firm  PT Pertamina’s ...

Tracing Pertamina's cost efficiency amid high global oil prices

State-owned oil and gas firm PT Pertamina (Persero) succeeded in achieving cost optimization of US$2.21 billion in 2021 ...

Manufacturing exports down due to palm oil restrictions: BPS

The manufacturing sector experienced the largest export decline in May 2022 due to palm oil export restrictions, Deputy ...

Hiking electricity rates triggers 0.019-percent inflation: official

The Indonesian government has announced an increase in electricity tariffs for non-subsidized household customers, with ...

Strict monetary policies unable to address inflation: Minister

Finance Minister Sri Mulyani Indrawati believes that overly rapid and strict monetary policies did not have a ...

Delving into natural gas' future in energy transition program

The Indonesian government has adopted an energy transition program that aligns with the Paris Agreement's goal to ...

High inflation threatening global economy: Finance Minister

High inflation, high interest rates, and weakening economic potential are currently threatening the economy of the ...

Finance Minister targets economy to grow 5.3-5.9 percent in 2023

Finance Minister Sri Mulyani Indrawati targets Indonesia's economic growth to lie in the range of around 5.3 ...