#oil

Collection of oil news, found 1.352 news.

Russia ready to act as intermediary between Saudi Arabia, Iran

Russia is ready to serve as an intermediary to resolve the dispute between Saudi Arabia and Iran that saw the kingdom ...

China fears regional conflict as Saudi Arabia cuts ties with Iran

China said on Monday it was concerned about the prospect of an intensification of conflict in the Middle East after ...

US urges Mideast leaders to take `steps to calm tensions`

The United States on Sunday urged Mideast leaders to take measures to soothe tensions in the region after Saudi Arabia ...

Govt postpones plan to collect energy security fund

The government has decided to postpone a plan to start levying an energy security fund on fuel oil to avoid any ...

Railways can solve Papua`s transportation problems

Railways are considered to be the most economical and efficient means to solve the transportation problems in ...

Target overshot in state budget deficit, 2.8 percent of GDP

Finance Minister said the target was overshot for the state budget deficit in 2015 reaching Rp318.5 trillion or 2.8 ...

The future still gloomy for palm oil business

Oil palm farmers and companies in the country are feared to be disappointed that their hope of a better year in 2016 ...

New Year`s eve celebrations held peacefully

The New Years eve celebrations have gone peacefully across Indonesia with no untoward security incidents. "It ...

Indonesia energy resilience fund to be collected from downstream: Council

The Indonesia National Energy Council (DEN) has explained that the government will collect levy for the Energy ...

Policy implementation to maintain rupiah stability

The year 2015 has been marked with a long arduous struggle to shore up rupiah to regain some of its lost value ...

RI enters 2016, confident of solid economic foundation

Indonesias economy grew at a slow pace in 2015 due to internal and external factors but government is confident of ...

President not keen to take hasty decision on Masela project

President Joko Widodo (Jokowi) expressed that he would not hurry in arriving at a decision on the development of the ...

Public service agency can manage energy resilience fund: Minister

A public service agency could be set up to ensure transparent and accountable management of the Energy Resilience ...

Some small enterprises seem gloomy over ASEAN free trade

Wahab an Nasaru is one of many gemstone artisans who ironically have had to close their businesses while their ...

Government to consult with parliament on energy resilience fund

The Indonesian government will consult with the Commission VII of the House of Representatives (DPR) on a planned ...