#oil

Collection of oil news, found 1.352 news.

Total hopes government to immediately decide on Mahakam block

French energy company Total EP Indonesie said it hopes the government will soon announce its decision on its ...

Chevron has right to reduce investment: SK Migas

SK Migas, the temporary regulator of the upstream oil and gas sector, has stated that it is up to Chevron to decide ...

Forex from exports still small: Central bank

Bank Indonesia (BI/the central bank) said foreign exchange receipts from exports (DHE) were still small because of a ...

Rupiah weakens against US dollar

The Indonesian currency rupiah weakened to close at 9,790 to the US dollar in interbank transaction on Wednesday from ...

Thousands of Pertamina workers threaten to go on strike

Thousands of outsourced workers of state oil and gas firm Pertamina`s refinery unit in Cilacap, Central Java, have ...

Economist: Indonesia`s foreign trade to continue to be in the red

An economist from Economics, Industry, Trade (Econit) said Indonesia will continue to suffer trade deficit due to ...

CPO production to reach 28 million tonnes this year

The Association of Indonesian Palm Oil Producers (GAPKI) has predicted that crude palm oil (CPO) production will reach ...

PLN urged to accelerate 10,000 MW power project

The government has urged state-owned power company PT PLN to accelerate the construction of the first phase of the ...

BCA posts profit of Rp2.3 tln in Q1

Publicly-listed private lender Bank Central Asia Tbk (BCA) posted a profit of Rp2.3 trillion in the first quarter of ...

Govt to carry out program to limit subsidized fuel consumption: President

President Susilo Bambang Yudhoyono has confirmed that the program to limit consumption of subsidized gasoline will be ...

200,000 litres of crude oil spills as railway tankers derail

The State Railway of Thailand (SRT) suspended its north-bound train service to some central provinces after five ...

Astra Agro`s profit falls to rp390 bln in q1

Publicly-listed plantation company PT Astra Agro Lestari Tbk (AALI) said its profit in the first quarter of 2012 ...

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 ...

Cyber attack on Iran oil industry fully foiled

An Iranian Oil Ministry official said the attempted cyber attacks on the country's oil industry has been foiled, ...

Indonesia loses idealistic, humble figure,Widjajono Partowidagdo

Since he was installed as the deputy minister of energy and mineral resources (ESDM) in October 2011, Widjajono ...