#oil price

Collection of oil price news, found 568 news.

Pertamina to procure new tankers for cost efficiency

State-owned oil and gas company PT Pertamina will increase the number of its tankers by procuring new ones until 2015 ...

Automotive market to grow below 10 pct

Automotive business executives have predicted that the Indonesian automotive market would continue to growth next year ...

NZ, Pertamina cooperate in geothermal energy development

The University of Auckland in New Zealand and Indonesian state oil company PT Pertamina have set up a new program to ...

Govt unlikely to raise fuel oil prices next year

Even though subsidized fuel oils are often labeled as off-target, as more fuel is used not by the rightful consumers, ...

Indonesian budget deficit predicted to widen

Finance Minister Agus Martowardojo said the country's budget deficit is expected to widen to more than the previously ...

Indonesian government seeking gradual rise in subsidized fuel prices

The Indonesian government is seeking a gradual rise in the prices of subsidized fuels as of 2013, when fuel ...

Indonesian shares extend gains on Monday

The Indonesian Stock Exchange (BEI) opened trade this morning with share prices higher on positive regional ...

Fuel oil price hike can help reduce budget deficit

Bank Indonesia (BI) Governor Darmin Nasution has stated that the government`s plan to raise fuel oil prices will help ...

APEC to discuss global economic development: minister

Finance minister Agus Martowardojo said that the finance ministers meeting of the Asia Pacific Economic Cooperation ...

Macro economic targets realistic

A lawmaker from the faction of the Islamic-based Welfare and Justice Party (PKS) described as realistic the macro ...

Govt sets tax revenue target at Rp1,178.9 trillion

President Susilo Bamang Yudhoyono said of the state revenues set at Rp1,507.7 trillion in the 2013 draft state budget, ...

President: Oil fuel subsidy to be controlled

President Susilo Bambang Yudhoyono said stringent mechanism would be adopted on oil fuel subsidy in 2013, stopping ...

Deficit of 2013 draft state budget set at 1.6 pct

The government has set a deficit of Rp150.2 trillion in the 2013 Draft State Budget, or 1.6 percent of the Gross ...

Govt to raise civil servants` salaries by 7 pct: President

President Susilo Bambang Yudhoyono said the government would increase the basic salaries of civil servants, military ...

Inflation rate under control: Deputy finance minister

Deputy Finance Minister Mahendra Siregar said the inflation rate up to the middle of this year is still under control ...