#world oil price

Collection of world oil price news, found 32 news.

Rising global oil price reason not to delay energy transition

The skyrocketing price of global oil is one reason why the energy transition must not be delayed, Deputy Minister I of ...

Pertamina saves US$402.46 million amid rising global oil prices

State-owned oil and gas company PT Pertamina succeeded in saving operational costs of around Rp6 trillion (US$402.46 ...

G20 Indonesia

Energy Minister inspects fuel infrastructure in Labuan Bajo

Minister of Energy and Mineral Resources (ESDM) Arifin Tasrif visited several fuel infrastructures in Labuan ...

Price disparity triggers subsidized diesel fuel scarcity: Minister

The wide price disparity between subsidized and non-subsidized diesel fuels triggered the scarcity in subsidized diesel ...

Minister forecasts budget deficit to reach 2.2-2.5 percent of GDP

Indonesia's state budget deficit is expected to reach a range of 2.2 to 2.5 percent of the Gross Domestic Product ...

BI Governor responds to plunge in world oil prices

Bank Indonesia (BI) Governor Perry Warjiyo has responded to the global oil prices that crashed, from US$60 to around ...

Oil and gas contribute to trade balance deficit: BPS

High import in the oil and gas sector is the main contributor to the country`s trade deficit in October 2018, reaching ...

Bappenas stresses need to boost export to cover deficit

Minister of National Development Planning/head of the National Planning Board (Bappenas), Bambang Brodjonegoro, has ...

Oil price hike jacks up Pertamina`s profit

Increase in the world oil price has jacked up the net profit of PT Pertamina EP in the first half of 2018 , up 24.76 ...

Exchange rate, oil price affect subsidy: Finance minister

Finance Minister Sri Mulyani stated that the exchange rate movement and Indonesia Crude Price (ICP) in the early ...

Government to raise energy subsidies in 2018

The government will increase energy subsidy allocation this year as a result of the increase in the world crude ...

Minister expects oil, gas to boost economic growth

Minister of Energy and Mineral Resources Ignasius Jonan expects that oil and gas industry would boost Indonesias ...

Mineral resource minister promotes oil, gas investment

The Minister of Energy and Mineral Resources, Ignasius Jonan, has been promoting every effort to improve oil and gas ...

Subsidy cut not to reduce diesel oil supply

The Indonesian governments plan to cut its diesel oil subsidy will have no impact on the volume of diesel oil supplies ...

PetroChina to drill two oil wells in Jambi

The oil and gas company PetroChina will carry out drilling for two new wells in April 2016 in an effort to develop ...