#petroleum

Collection of petroleum news, found 522 news.

Annual inflation well-maintained at 4.94% in July: BPS

Indonesia's inflation rate was recorded at 4.94 percent year-on-year (yoy) in July 2022, showing the condition was ...

PLN records Rp17.4 trillion in net profit in first half

State-run electricity provider PT PLN (Persero) recorded a net profit of Rp17.4 trillion (US$1.16 billion) in the first ...

Aceh has promising oil and gas potential: Ministry

The Energy and Mineral Resources Ministry has stated that  Aceh has promising oil and gas potential, as more ...

Indonesia not facing crisis, but must remain vigilant: minister

Indonesia is not experiencing a crisis currently, but it must remain vigilant amid the ongoing global uncertainty, with ...

Mubadala Petroleum announces successful drilling of Timpan-1 well

Mubadala Petroleum, the Abu Dhabi-headquartered international energy company, announced on Thursday that drilling of ...

Expect biogenic shallow gas use to realize energy independence

Biogenic shallow gas has been developed in Central Java Province and is expected to become a new alternative energy ...

Quorum Software announces next generation planning and economics partnership with Schlumberger

Quorum Software (Quorum), a global software leader dedicated to the energy industry, announced today that it has ...

Govt disburses subsidies worth Rp75.3 trillion as of May

The government has provided subsidies worth more than Rp75.3 trillion as of May-end 2022, an increase compared to ...

Energy Minister visits Norway, Iceland to seek investment

ÀEnergy and Mineral Resources Minister Arifin Tasrif visited Norway and Iceland from June 13 to 16, 2022, to ...

Minister facilitates improvement in Netherlands-Indonesia trade ties

Bilateral cooperation between Indonesia and the Netherlands in the trade and investment sectors was intensified through ...

Coastal flooding not affect LPG, fuel supply, Pertamina assures

State-run oil company Pertamina has assured that the distribution of fuel and liquefied petroleum gas (LPG) will ...

Gov't proposes Rp74.9 trillion in additional energy subsidies to DPR

Finance Minister Sri Mulyani Indrawati has proposed Rp74.9 trillion in additional energy subsidies for 2022 to the ...

Government still undecided about adjusting Pertalite gasoline price

The government has yet to take a decision about adjusting the price of subsidized Pertalite gasoline despite an ...

Investment promotes economies' participation in value chains: study

A new study by the APEC Policy Support Unit revealed that foreign direct investment (FDI) provides an important pathway ...

Kazakhstan focuses on investment in cooperation with Indonesia

Ambassador of the Republic of Kazakhstan to Indonesia Daniyar Sarekenov emphasized that in terms of economic ...