#oil

Collection of oil news, found 1.164 news.

Indonesia`s forex reserves up $1.7 bln to $124.95 bln as of late May

Indonesias foreign exchange reserves rose by US$1.7 billion to US$124.95 billion as of late May 2017, fueled by a rise ...

Gulf tension may affect oil price: Senior minister

Geopolitical tension in the Middle East, triggered by the decision of several Arab states to cut diplomatic ties with ...

Indonesia ready to develop Nigeria`s palm oil industry

During a visit to Abuja on Monday (June 5), Indonesian Foreign Minister Retno Marsudi conveyed to her Nigerian ...

Government to review fuel oil prices after Lebaran

The Energy and Mineral Resources Ministry is set to evaluate the prices of fuel oils, particularly subsidized premium ...

Government`s development plan running on right track

In a bid to advance the country, the government is laying down its development programs on a Medium-Term National ...

Governments asked to remain independent facing Middle East political rift

A Middle-east observer said Indonesia should choose to remain independent facing new political development involving ...

Iran says cutting ties with Qatar will not help Saudi coalition out of crisis

An Iranian presidential official said Monday that cut of diplomatic ties and isolating Qatar will not help Saudi ...

BPH Migas to materialize flat fuel price: Jonan

Minister of Energy and Mineral Resources Ignasius Jonan has asked the Director of Regulatory Agency for Downstream Oil ...

Government imposes zero-dollar exit tax on CPO

The government has imposed a zero-dollar exit tax for crude palm oil (CPO) in June 2017, because the price of the ...

News feature - Indonesia needs to lead trajectory towards ASEAN vision 2025

The Association of Southeast Asian Nations (ASEAN) has just concluded its Summit that took place on 26-29 April, 2017, ...

Ministry launches integrated geospatial appliction

The Ministry of Energy and Natural Resources here on Wednesday launched an application to provide an integrated ...

Indonesia, Luxembourg seek to enhance bilateral cooperation

Indonesia is seeking to enhance bilateral cooperation with Luxembourg following the visit of the latters Foreign ...

President urges preparations for Eid Al Fitr 1438 Hijri

President Joko Widodo has discussed preparation for Eid Al Fitr 1438 Hijri celebration by preparing toll access road ...

BI predicts surplus of balance of payment in 2017

Indonesias balance of payment will still enjoy a surplus this year but it will decline to US$3-4 billion from US$12 ...

Floods affect 526 families in Langkat

Floods hit several villages in Langkat District, North Sumatra province, affecting a total of 526 families, a local ...