#petroleum

Collection of petroleum news, found 530 news.

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 ...

Indonesian G20 should anticipate impacts of Russia-Ukraine war: INDEF

Indonesia, as the host of the 2022 G20 Presidency, is expected to prioritize discussions for finding solutions to ...

War deepens world economic crisis: Jokowi

The war in February 2022 had deepened the global economic crisis, whereas the world had been acutely impacted by the ...

Indonesia's trade with Russia, Ukraine not too large: BPS

Head of Statistics Indonesia (BPS) Margo Yuwono has said that Indonesia's trade with Russia and Ukraine, which ...

Indonesia's budget deficit may widen due to Russia-Ukraine war: Indef

The state budget deficit will potentially widen in 2022 due to the Russia-Ukraine conflict, Institute for Development ...

Opinion

Cost of Indonesia's downstream coal projects underestimated: IEEFA

In Indonesia, the coal gasification technology is viewed as a savior that will stoke demand for low-rank coal reserves, ...

Pertamina strives to maintain performance despite hike in oil prices

PT Pertamina pursues consistence in maintaining its operational performance both in the upstream and downstream domains ...

MotoGP: Pertamina assures avtur supply adequate

State-run oil and gas company PT Pertamina’s commercial and trading sub-holding PT Pertamina Patra Niaga has ...

New oil, gas deposits found in Natuna: SKK Migas

Kuwaiti oil exploration company KUFPEC Indonesia has found new oil and gas deposits in the waters off Natuna coast in ...

Chevron Singapore expands relationship with PDI to use Point-of-Sale (POS) Solutions across the APAC region

PDI (www.pdisoftware.com), a global provider of leading software solutions for the convenience retail and petroleum ...

0.56% inflation in Jan due to supply constraints: BPS

Limited supply of and high demand for foodstuffs was responsible for the 0.56-percent inflation recorded in January ...

Domestic coal utilization to reach 166 mln tons in 2022

The Ministry of Energy and Mineral Resources has projected that domestic coal utilization will increase by 33 million ...

SOEs committed to expediting coal downstreaming: minister

State-Owned Enterprises (SOEs) Minister Erick Thohir has emphasized that SOEs are fully committed to accelerating the ...