#global oil

Collection of global oil news, found 72 news.

Indonesia rejoins OPEc to build energy resilience

Indonesia, which suspended its membership of the Organization of Petroleum Exporting Countries (OPEC) at the end of ...

Indonesian Petroleum Association encourages oil industry reforms

Indonesian Petroleum Association (IPA) has been encouraging the government to carry out reforms in oil and gas ...

Asia's Most Trusted Oil and Gas Industry Networking Trade Event Gets Ready for an Exceptional 20th Edition

Returning to occupy an impressive 36,000 square metres of exhibition space at Singapore's Marina Bay Sands from 2 to 5 ...

Tehran hails Switzerland move to reject banking sanctions on Iran

Foreign Ministry spokesman Ramin Mehmanparast praised Switzerland's decision to reject sanctions on Iran's banking ...

Key issues for the Arab summit in Iraq

Baghdad will host an Arab summit from March 27-29, the first time such a gathering has been held in Iraq in more than ...

Govt bows to demands for delayed power tariff hike

The Indonesian government has bowed to the demands for the delay of the electricity tariff hike despite worries that ...

President discusses green car development with rectors

President Susilo Bambang Yudhoyono held talks with a number of rectors here on Monday to discuss the possibility of ...

RI`s economy to expand 6.5 pct in 2010: BI

Bank Indonesia (the central bank/BI) has predicted the domestic economy may expand by a range of 6-6.5 percent in 2011 ...

Indonesia`s economic growth unaffected by oil price surge

Although the world oil price in Asia hovered near $105 per barrel on Tuesday a banker in Jakarta expressed the belief ...

Govt keeps monitoring global oil prices

The Indonesian government keeps monitoring the movements of global crude prices after they rose 21 percent in the past ...

News Focus: Govt still undecided on fuel consumption cuts

The government is still undecided on whether to go ahead with its plan to limit subsidized fuel consumption as of ...

High oil price may postpone subsidized fuel limitation plan

The recent high global oil prices may become one of the reasons to postpone the government`s plan to limit the use of ...