REPUBLIKA.CO.ID, JAKARTA -- Gasoline consumption in Indonesia is estimated to increase by up to 50 percent when homecoming traffic peaks on Saturday, four days before Lebaran (Eid El Fitr),...

REPUBLIKA.CO.ID, JAKARTA -- Significant cuts in Pertamax and Pertalite gasoline prices have boosted their sales from 8 thousand kiloliters to 10 thousand kiloliters per day.Corporate Communication Vice President of...

REPUBLIKA.CO.ID, PEKANBARU -- The Joint Operation Body (BOB) of PT Bumi Siak Pusako and PT Pertamina Hulu overshot its crude oil production target from the Coastal Plain Pekanbaru (CPP)...

REPUBLIKA.CO.ID, JAKARTA -- State-owned oil and gas company Pertamina has guaranteed that fuel oil supplies during Christmas Day celebrations will be adequate."Supplies are secure. We have enough stocks to...

REPUBLIKA.CO.ID, JAKARTA -- The government through the Ministry of Energy and Mineral Resouces (ESDM) will set fuel prices once in three months so that the price will not fluctuate."We...

REPUBLIKA.CO.ID, JAKARTA -- Indonesian state-owned oil and gas enterprise Pertamina will commence operating the first phase of the Residual Fluid Catalytic Cracking (RFCC) refinery by July, to reduce dependence...

REPUBLIKA.CO.ID, JAKARTA -- An economist said that government's move on revoking subsidy for 88-octane premium fuel, causing the fuel price to decrease, would not give any significant impact for people....

REPUBLIKA.CO.ID, DUBAI -- Falling world oil prices will hurt countries across the Middle East unless Saudi Arabia, the world's biggest crude exporter, takes action to reverse the slump, according to...

REPUBLIKA.CO.ID, NEW YORK -- Brent crude LCOc1 reversed early gains Friday to fall to a fresh post-2009 low below 56 USD a barrel, as a glut of oil that has...

REPUBLIKA.CO.ID, JAKARTA -- Government regulates price of fuels 92-octane pertamax fuel starting on January 1, 2015. The policy is under Presidential Decree No 191/2014. "Government will set the base price of...

REPUBLIKA.CO.ID, JAKARTA -- Coordinating Minister of Economy Sofyan Djalil stated that government would take a new policy on subsidized fuel in January 1, 2015. He hinted that the price of...

REPUBLIKA.CO.ID, JAKARTA -- Minister of Energy and Mineral Resources Sudirman Said denies rumors that gasoline type registered octane number (RON) 88 would not be available in Indonesian market. Earlier, a...

REPUBLIKA.CO.ID, JAKARTA -- Government asks state oil and gas company PT Pertamina to speed up drafting proposal to operate Mahakam Block. Ministry of Energy and Mineral Resources considers Pertamina...

REPUBLIKA.CO.ID, JAKARTA -- Indonesia's spending on fuel subsidies might only be half the current budget figure for 2015, the finance minister said, if Southeast Asia's largest economy introduces a...

REPUBLIKA.CO.ID, JAKARTA -- Russia seeks cooperation with Indonesia's Ministry of Energy and Mineral Resources. Russian Ambassador to Indonesia Mikhail Galuzin met with the ministry on Wednesday to follow up...