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The government has speculated that world crude oil prices could reach US$100 per barrel as the Middl...
The price has passed the government’s assumption stipulated in the state budget set at $80 per...
The government says the ICP set for next year takes into account the prospects of a spike in world o...
The oil and gas giant booked a US$182.81 million net profit in the first half, compared with a $767....
Crude oil price movements will affect the government's oil and gas revenue as well as the energy...
The Indonesian Petroleum Association (IPA) sees the move from the cost-recovery scheme to the gross-...
The energy ministry has increased Indonesia's oil lifting target to 755,000 barrels per day and ...
The Energy and Mineral Resources Ministry and House of Representatives Commission VII, which oversee...
The Energy and Mineral Resources Ministry cited that political tensions in Libya and the US embargo ...
The energy ministry has attributed the increased Indonesian Crude Price (ICP) to an OPEC agreem...