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View all search resultsIt is the first time the president has hinted at a potential American military response to the attack, which slashed Saudi oil production by half and led both the kingdom and the United States to announce they may tap their strategic reserves.
The declining trend has eased the government's gas subsidy burden, which may also prompt the ministry to maintain the current indirect distribution of subsidized gas instead of switching to the direct subsidy distribution it had planned for 2020.
The planned revitalization of Pertamina’s refinery facilities in Cilacap, Central Java is still full of uncertainty as the state energy holding company has not settled a partnership deal with Saudi Arabian oil giant Saudi Aramco.
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