#crude price

Collection of crude price news, found 235 news.

Lawmaker urges govt to evaluate fuel subsidy system

A member of the House of Representatives (DPR)`s Commission VII, Satya W Yudha, has urged the government to evaluate ...

Subsidized fuel quota for 2012 set at 40 mln kl

The House of Representatives (DPR) and the government have agreed to set the quota of subsidized fuel oils for 2012 at ...

Pertamina`s profit jumps 70 pct to Rp14 tln in H1

State oil and gas company Pertamina posted a net profit of Rp14.79 trillion in the first semester of 2011, jumping ...

Drop in crude prices not yet afected state budget

The recent drop in global crude prices following crises in the US and Europe has yet to affect the assumed Indonesian ...

Calls for fuel price hike increasing

Various quarters have called on the government to increase fuel oil prices so that the subsidy burden in the state ...

House agrees 1.9 million additional fuel quota

House of Representatives (DPR)`s Commission VII on energy affairs agreed to the government proposal to increase the ...

Oil lifting target set at 945,000 Bpd

The government and the House of Representatives (DPR) have agreed to set the oil lifting target for the revised 2011 ...

Govt revises 2011 growth assumption upwards

The Indonesian government has raised the economic growth assumption for the revised 2011 State Budget from 6.4 ...

Ministry not to raise fuel prices

The finance ministry has said it will not increase fuel oil prices but opt to the government policy on limiting ...

Govt urged to raise fuel prices

A number of quarters asked the government to raise the fuel oil prices rather than imposing a policy to limit the ...

PLN`s business margin remains 8 %

The state enterprises ministry has not yet decided to lower the business margin of state-owned electricity company PLN ...

Senior Minister: subsidized fuel quota hike inevitable

Coordinating Minister for Economic Affairs Hatta Rajasa has predicted that subsidized fuel consumption this year will ...

Govt proposes power subsidy of Rp58 tln for 2012

The government has proposed electricity subsidy of Rp58.72 trillion for 2012 to the House of Representatives, a 44.28 ...

House agrees to deliberate draft 2012 state budget

The House of Representatives (DPR) at a plenary session on Wednesday agreed to discuss the draft 2012 State Budget ...

Govt, house to discuss fuel oil prices late May

The government and the House of Representatives (DPR) are scheduled to discuss the option of raising subsidized ...