#crude

Collection of crude news, found 411 news.

Pertamina to invest $30 billion to raise crude oil production

State oil and gas company, PT Pertamina, plans to set aside up to US$30 billion until 2025 to raise crude oil ...

President Jokowi receives report of Indonesia rejoining OPEC

Energy and Mineral Resources Minister Sudirman Said reported the reactivation of Indonesias membership of the ...

Support palm oil industry to bring more forex earnings: Minister Sulaiman

The palm oil industry must be supported as it produces a strategic commodity, which can bring significant foreign ...

Attorney general office quietly stops investigation of corruption case

The attorney general office quietly stopped investigation of a corruption case involving PT Primer Agroindustry Makmur ...

RI`s oil output forecast to increase in second half

The Special Task Force for Upstream Oil and Gas Business Activities (SKK Migas) has forecast that Indonesias crude oil ...

North Sumatra`s export earning shrinking

The export value of North Sumatra was recorded at US$3.87 billion in the first five months of 2014 or 4.62 percent ...

RI`s gas revenue will increase following price deal with China

Indonesias revenue from gas sector is set to increase as the country had renegotiated new sale price of Liquefied ...

Indonesia believes current oil price hike to be temporary

Indonesian Finance Minister Chatib Basri said here on Friday he believed the current world oil price hike will be ...

Govt prepares anticipatory measures in case deficit surpasses target

The government has prepared three anticipatory measures to be implemented in case budget deficit surpasses the target ...

House endorses revised 2014 state budget

The House of Representatives (DPR) has decided to enact into law the Draft Law on the Revised 2014 State Budget and ...

Pertamina denies crude import by brokers

State-owned oil and gas company Pertamina has denied that crude imports have been done by involving traders and ...

Jakarta shares close lower

Jakarta shares closed lower with composite index (JCI) down 0.44 percent on Wednesday on oil price hike in the world ...

Government seeking ways to maintain fiscal sustainability

Finance Minister Chatib Basri said the government continued looking for ways to save to maintain fiscal sustainability ...

Deficit makes it difficult for rupiah to appreciate: BI governor

Bank Indonesia Governor Agus Martowardojo said the current account deficit in April had caused fluctuations in the ...

Rupiah weakens to 11,862 on Wednesday evening

The Indonesian rupiah traded at the interbank spot market in Jakarta on Wednesday evening weakened 52 points to 11,862 ...