#petroleum

Collection of petroleum news, found 527 news.

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 ...

Consider public's financial condition before raising fuel prices: DPR

House of Representatives (DPR) Speaker Puan Maharani has urged the government to take into account the public's ...

Investment in DME downstreaming can help cut LPG imports: minister

Investment Minister Bahlil Lahadalia has said that investment in the domestic downstreaming industry to process coal ...

Chevron and Pertamina announce partnership on lower carbon opportunities

Chevron Corporation (NYSE: CVX), through its subsidiary Chevron New Ventures Pte. Ltd. (Chevron), and Indonesia’s PT ...

Pertamina Cilacap uses SCC to optimize production ahead of Eid

State-owned oil refinery PT Kilang Pertamina Internasional (KPI) is operating a strategic command center (SCC) at the ...

BPH Migas assures of energy availability ahead of Eid

The Downstream Oil and Gas Regulatory Agency (BPH Migas) has assured of the availability of domestic energy in the form ...

Social protection budget realization reaches Rp81 trillion: minister

Around Rp81 trillion (US$5.6 billion) of the social protection budget has been realized as of March-end 2022, Finance ...

No need for panic buying of fuel: Pertamina

State-run commercial and trading sub-holding PT Pertamina Patra Niaga has appealed to the public against panic buying, ...

Fire razes six homes in East Jakarta

A fire gutted six homes on Taruna Street in Pulogadung, East Jakarta, on Wednesday morning, the local fire department ...

ICP hits record high of US$113.50 per barrel in March

Indonesian Crude Price (ICP) hit a record high of US$113.50 per barrel in March 2022 due to the Russia-Ukraine ...

Government officially increases VAT rate to 11 percent

Finance Ministry officially raised the value-added tax (VAT) rate, from 10 to 11 percent, starting April 1, as per ...