Pasar tradisional

Economist: No impact despite the fuel price declines

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. Price of goods will not decrease soon. "Price of goods will not decrease, unless there is an adjustment in transportation cost," Economist from Institute for Development and Finance, Eko Listyanto, said...

Corruption Eradication Commission or KPK plans to launch an investigation into energy sector next year. (illustration)

Indonesia may disband or relocate state oil trader in corruption crackdown

REPUBLIKA.CO.ID, JAKARTA -- Indonesia may force state giant Pertamina to disband its Singapore trading unit or relocate it to bring more transparency to operations that supply the country with one-third of its daily oil needs, said a member of the government's energy reform team.Even before he took office in October, President Joko Widodo had broached the subject of halting...

Location of PT Pertamina's crude oil processing in Jatibarang, Indramayu, West Java. (illustration)

Selasa , 02 Dec 2014, 18:28 WIB

Govt expects Pertamina to issue bonds

Logo OPEC

Jumat , 28 Nov 2014, 07:35 WIB

Oil price plunges to four-year low

Saudi Arabia's Oil Minister Ali al-Naimi talks to journalists before a meeting of OPEC oil ministers in Vienna in this June 11, 2014 file photo.

Jumat , 28 Nov 2014, 00:05 WIB

Saudis win case for no OPEC output cut