#oil imports

Collection of oil imports news, found 140 news.

CAD expected to go down in q4 0f 2018

The high current account deficit (CAD) of 8.8 billion or about 3.37 percent of the Gross Domestic Product (GDP) in the ...

News Focus - Coal price decline contributes to Indonesia`s CAD

The decline in the prices of coal in the world market is also believed to contribute to the widening of the country`s ...

Widening current account deficit results from rising oil imports

Indonesia`s third quarter current account deficit rose to US$8.8 billion or 3.37 percent of the national gross ...

PHKT produces oil 60,000 barrels in lifting from Lawe Lawe

PT Pertamina Hulu Kalimantan Timur ( PHKT) an East Kalimantan unit of PT Pertamina Hulu Indonesia has sent its first ...

Official reserve assets high enough in sept: bi

Indonesia`s official reserve assets at the end of September 2018 were quite high at US$114.8 billion, although lower ...

Rupiah loses more value against dollar

The Indonesian currency rupiah lost more value in inter-bank transaction on Monday morning trading at the level of ...

Indonesia`s oil and gas trade balance deficit still large: Minister

Indonesia`s trade deficit, particularly from non-oil/non-gas trade balance, has started to decline, but its oil and ...

Investors not disturbed by decision on domestic oil sale priority

Deputy Energy and Mineral Resources (ESDM) Minister Arcandra Tahar said the government`s decision to give priority to ...

Government raises coal export quota to 100 million tons

The Indonesian government has raised its coal export quota to 100 million tons as part of efforts to control the ...

House lauds Pertamina`s step to cut oil imports

The House of Representatives (DPR) has lauded state oil and gas company Pertamina`s step to cut oil imports as part of ...

Bold step to end years of deficit in current account balance

The government has taken a drastic step by curbing imports mainly import of consumer goods in a bid to prevent a ...

Indonesian vacationers urged to postpone overseas tour

Tourism Minister Arief Yahya has called on Indonesian vacationers to postpone their planned overseas tour to help the ...

Nasution believes economic policy would stabilize rupiah

Indonesian Chief Economic Minister Darmin Nasution said here on Wednesday that the economic policy that has been ...

BI believes 20% biodiesel mix could improve current account deficit

Bank Indonesia (BI) believes the government`s policy to optimize the use of B20 biodiesel could lower Indonesia`s ...

News Focus - Pertamina to take over Indonesia`s largest oil block

Finally, the government has decided not to renew the contract held by PT Chevron Pacific Indonesia for the Rokan oil ...