#oil

Collection of oil news, found 7.985 news.

Subsidized oil price much lower than economic price: minister

The retail price of subsidized fuel oil is currently much lower than its economic price, Finance Minister Sri Mulyani ...

68% of subsidized LPG going to affluent households: minister

As much as 5.07 million metric tons or 68 percent of the subsidized 3-kilogram (kg) LPG has been consumed by wealthy ...

Electric motorcycles can help achieve fuel savings of 60%: Minister

The use of electric motorcycles can help achieve fuel savings of up to 60 percent, Minister of Energy and Mineral ...

BI forecasts 0.13% deflation in August

Based on a price monitoring survey, Bank Indonesia (BI) has projected deflation of 0.13 percent in Indonesia in August ...

Government to keep energy subsidy at Rp502 trillion

The government is making every effort to keep the energy subsidy at Rp502 trillion in order to not put pressure on the ...

Govt should ensure accurate distribution of fuel subsidy: Puskepi

The Center for Public Policy Study (Puskepi) called on the government to ensure accurate distribution of subsidized ...

Entrepreneurs must work together to create conducive business climate

Coordinating Minister for Economic Affairs Airlangga Hartarto is optimistic of entrepreneurs working together and ...

Minister estimates red cooking oil priced at Rp9,000 per kilogram

Minister of Cooperatives and Small, Medium Enterprises (SMEs), Teten Masduki, estimates the price of red cooking oil to ...

Accurate subsidy distribution can reduce burden to state budget

The government can reduce the huge subsidy burden from the state budget by ensuring accurate subsidy distribution and ...

Govt continues efforts for downstreaming of coconut industry: Minister

Coordinating Economic Affairs Minister Airlangga Hartarto highlighted continued governmental efforts for downstreaming ...

VP plants oil palm sprouts with 100 santris in Riau

Vice President Ma'ruf Amin planted top-quality hybrid oil palm sprouts with 100 santris (students) from the Riau ...

BI developing Digital ID for platform data storage

Bank Indonesia (BI) is developing a Digital ID to support national data storage for its digital platform, which is one ...

Ministry supports software, content industry development

The Industry Ministry pushed for digital transformation efforts through the development of the software ...

DPR urges government to immediately increase subsidized fuel quota

Commission VII of the House of Representatives (DPR) has called on the government to immediately increase the quota of ...

Thohir presses for adoption of ethanol as vehicle fuel substitute

State-Owned Enterprises Minister Erick Thohir has urged state companies to explore the potential of ethanol as a ...