#oil

Collection of oil news, found 1.404 news.

Rupiah loses 60 points against US dollar

Indonesian currency rupiah lost 60 points against the US dollar on Tuesday due to an increase in the import value of ...

BI sees three challenges facing economy in 2013

Bank Indonesia has seen three main challenges facing the country`s economy in 2013 despite optimism over its good ...

Oil and gas production down due to bad weather

Bad weather conditions have made production of oil and gas in Indonesia to drop, according to upstream oil and gas ...

BI: oil fuel consumption and subsidy pivotal problem

Bank Indonesia governor Darmin Nasution said high oil fuel consumption and subsidy is a pivotal problem that needs to ...

Jakarta index gains 12.05 points

The Indonesian Stock Exchange opened trading here on Monday morning with composite share price index rising 12.05 ...

President Yudhoyono appoints Rudi Rubiandini as head of SKK Migas

President Susilo Bambang Yudhoyono has named Rudi Rubiandini, currently deputy minister of energy and mineral ...

Technology Firm DryWired To Distribute Patented Protective Nano-Coating Technology

- DryWired, a Los Angeles based technology firm and the leading licensee of a revolutionary European protective ...

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 ...