#oil

Collection of oil news, found 1.878 news.

Prabowo targets US$150 Billion from export reform

President Prabowo Subianto stressed the government’s efforts to eradicate illegal mining and plantation ...

Indonesia unveils 2027 budget growth targets

Indonesia’s 2027 macroeconomic and fiscal framework aims to accelerate economic growth, Coordinating Economic ...

Coordinating Minister Hartarto explains rules on export forex earnings

Coordinating Minister for Economic Affairs Airlangga Hartarto explained the technical regulations for managing foreign ...

President highlights need for improvements in economy direction

President Prabowo Subianto highlighted the need to improve the direction of the Indonesian economy to ensure its ...

Prabowo highlights national wealth leakage as cause of low salaries

President Prabowo Subianto stated that the leakage of national wealth flowing abroad for decades is one of the reasons ...

Indonesia targets rupiah at Rp16,800-17,500 per US dollar in 2027

Indonesian President Prabowo Subianto said the government targets the rupiah exchange rate at Rp16,800-Rp17,500 per US ...

Indonesia's Prabowo names SOEs sole exporters for key commodities

Indonesian President Prabowo Subianto announced a new government regulation requiring state-owned enterprises (SOEs) to ...

B50 implementation will not disrupt cooking oil supply, minister says

Agriculture Minister Andi Amran Sulaiman asserted that the implementation of B50 biodiesel will not disrupt the ...

Purbaya optimistic rupiah will rebound soon

Finance Minister Purbaya Yudhi Sadewa expressed optimism that the rupiah would strengthen as the government observed an ...

Indonesia keeps fuel prices steady despite rising crude oil costs

Indonesia will not increase the prices of subsidized fuels, including Pertalite and Biosolar, despite rising crude oil ...

Indonesia secures US$60.3 million trade deals at China food expo

Indonesia secures seven trade agreements with a potential transaction value of US$60.3 million with China, during ...

Indonesia’s April crude price jumps on geopolitical risks

Indonesia’s Energy Ministry set the average Indonesian Crude Price (ICP) for April 2026 at US$117.31 per barrel, ...

Megawati, Kuwaiti envoy discuss Middle East conflict, bilateral ties

Indonesia's fifth president Megawati Soekarnoputri met with Kuwaiti Ambassador to Indonesia Khalid Jassim Al-Yassin ...

Pertamina strikes new oil flow at offshore northern West Java well

PT Pertamina Hulu Energi Offshore North West Java (PHE ONWJ) recorded initial production of 1,321 barrels of oil per ...

Indonesia continues Russian oil imports despite US sanctions

Indonesia will continue the process of importing Russian oil despite the expiration of U.S. sanctions relief for ...