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crude-oil

Business 7 years ago

New regulation requires all crude to be offered to Pertamina

As part of its measures to reduce fuel imports, the government last Thursday issued a ministerial regulation that requires private oil firms to offer all crude oil to state energy holding company Pertamina.

Business 7 years ago

Oil companies to be required to sell crude oil to Pertamina

The government has planned to issue a regulation that would require that oil companies sell their crude oil to state energy holding company Pertamina as part of an effort to reduce imports.

Business 7 years ago

State budget designed to allow for rising crude prices: Ministry

Seeking to allay concern about the impact of rising global oil prices on state finances, the government has emphasized that the 2018 state budget is designed to handle such market fluctuation.

Opinion 7 years ago

PREMIUM
Headlines from Vienna to determine oil price trend

OPEC and 10 non-OPEC producers, led by Russia, were expected to maintain the 1.8 million b/d supply cut through to the end of 2018.

National 7 years ago

Death toll from Aceh oil well fire increases to 22

Firefighters finally extinguished a blaze on Thursday at an illegal crude oil well in Pasir Putih village, Ranto Peureulak district, East Aceh.

National 7 years ago

Illegal oil exploration activities in Aceh must stop: WALHI

Environment watchdog Indonesian Forum for the Environment (WALHI) is calling on the government to immediately stop illegal crude oil drilling activities in Aceh, following a fire at an illegal oil well in Peureulak, East Aceh, early on Wednesday that killed 11 people.