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Luhut Pandjaitan on Wednesday cited a number of organizations that predict the fall of oil demand post-pandemic.
Kepulauan Seribu environmental agency announced that it had collected at least 805 kilograms of crude oil waste from two islands there.
Pertamina has collaborated with Pegadaian to offer a trade-in program for used cooking oil to be turned into gold savings in the state-owned pawnshop.
State-owned oil and gas company PT Pertamina is delving into the possibility of Singapore keeping its fuel oil stock in Indonesia's refinery.
Energy and Mineral Resources Minister Arifin Tasrif confirmed that the government had not yet reduced fuel prices due to various considerations.
Pertamina explained why fuel prices have not been lowered even as global oil prices drop amid the pandemic.
The collapse in world oil prices sparked calls for the government to reduce fuel prices.
The government hinted that retail fuel prices in the country would not be lowered despite the current downward trend in global crude oil prices.
A large number of residents of Uraso in North Luwu earn their living from the hundreds of trees in their fields, from jengkol to pepper.
The rupiah's Jakarta interbank spot rate on Friday, April 3, rebounded slightly along with the increased global price of oil.
Oil prices had climbed earlier in the day, recouping nearly half of Monday's 25% losses.
Target of raising oil production to one million barrels per day (bopd) in 2025 could be achieved with the support of relevant parties.
Illegal tapping is a practice still rampant, with methods used to steal oil becoming more and more sophisticated.
Energy Ministry's Directorate General of Oil and Gas has decided to cut back on Pertamina's crude oil import quota for 8,000 barrels per day.
SKK Migas is eyeing to increase national oil production up to one million barrels daily by the year 2031.
The average Indonesian Crude Oil Price in November 2019 increased US$3.44 to US$63.26
Pertamina petrochemical plant will have a processing capacity of up to 350,000 barrels per day of crude oil.
State-owned gas and oil company Pertamina planned to import crude oil from the United States in 2020.
OPEC released its 2019 World Oil Outlook, in which the producer group said it would supply a diminishing amount of oil in the next five years.
SKK Migas reported 63 cases from 2012 to 202 of oil theft at Rokan Block managed by Chevron Pacific Indonesia (CPI)