#oil

Collection of oil news, found 1.352 news.

Democrat Party temporarily suspends its faction chairman parliament

Democrat Party`s general chairman Anas Urbaningrum has temporarily suspended the ruling party`s faction chairman in ...

Turkey support for Iran nuclear programme

Turkish Prime Minister Recep Tayyip Erdogan on Thursday voiced his country`s unwavering support for Tehran's nuclear ...

Indonesia, S. Korea to increase trade to US$50 billion by 2015

Indonesia and South Korea have agreed to increase trade between the two countries to US$50 billion by 2015. The ...

House speaker will expel legislators who disrupt fuel debate

House Speaker Marzuki Alie has said he will expel any legislator who breaks the rules at the plenary meeting to decide ...

Indonesian parliament to decide on fuel price hike

The Indonesian House of Representatives (DPR) is scheduled to decide on the controversial proposed fuel price hike ...

Minister denies increase in food prices

Chief Economic Minister Hatta Rajasa has denied that food commodity prices are increasing in the run-up to the fuel ...

Fuel subsidies only enjoyed by the rich: former VP

Former vice president Jusuf Kalla said fuel oil subsidies were so far being enjoyed only by a handful of people from ...

Govt: Fuel oil subsidy reachesRrp3,900 per liter

The government said that the premium gasoline subsidy will be Rp3,900 a liter on the assumption that the Indonesian ...

Jakarta police on standby for anti-fuel hike rallies

The Jakarta Police Department, Polda Metro Jaya, said that they are on standby for the anticipated anti-fuel price ...

"Ghost ship" off canada heralds arrival of tsunami debris

An empty Japanese fishing boat drifting off the coast of western Canada could be the first wave of 1.5 million tons of ...

round-up: demonstrations against fuel oil price hike end in clashes

Demonstrations held by thousands of people in Jakarta and other regions in the country against the imminent fuel price ...

BNI posts trade finance transactions worth $19 bln last year

State-owned Bank Negara Indonesia (BNI) posted trade finance transactions worth US$19.83 billion last year, up 72 ...

Semen Gresik still undecided about raising its cement prices

Cement maker PT Semen Gresik Tbk is still undecided about raising its cement price despite the imminent fuel price ...

South Sudan will not return to war with Khartoum: minister

South Sudan will not return to war with Khartoum despite a second day of airstrikes and bloody ground assaults in ...

Inflation in 2012 could reach 8.5 pct: Economist

Economist Aviliani said the rate of inflation could reach 8.5 percent in 2012 if the government decides to raise the ...