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The Corruption Eradication Commission (KPK) today will announce the names of suspects in the oil and gas mafia case.
Pertamina import value reached 339,000 barrel per day (MBPD) last year.
The Ministry of Trade suspects the European Union (EU) of commencing a massive and structured strategy against Indonesian palm oil.
Iran's capture of a British oil tanker last week sparked worries about supply disruptions in the Strait of Hormuz.
Russia has agreed with Saudi Arabia to extend by six to nine months a deal with OPEC on reducing oil production.
Iran has no plans to leave the Organization of the Petroleum Exporting Countries (OPEC), Oil Minister Bijan Zanganeh says.
Saudi Arabia's defense minister on Thursday accused Iran of ordering an attack on Saudi oil installations.
Saudi Arabia said armed drones had struck two oil pumping stations in the kingdom on Tuesday.
Oil prices hit their highest since November after Washington announced all waivers on imports of sanctions-hit Iranian oil would end next week.
The Indonesian government is ready to take firm action against European products if the European Union continued its plan to ban palm oil as a biofuel.
To the Segumon customary community, growing plants among oil palm trees has been the norm in the past decade.
Pertamina predicts Indonesia will run out of oil reserves by the year 2030 based on the country's current consumption.
The joint-operating body (JOB) of Bumi Siak Pusako - Pertamina Hulu (BOB) discovered oil reserves from the Benewangi well
The attorney of Basuki Tjahaja Purnama or BTP, Teguh Samudra, said that his client had no intention to change mind in running oil trading business.
Basuki Tjahaja Purnama or Ahok planned to run oil business and be a host of a talk show on television after he is freed from his jail sentence.
Oil tanker Ocean Princess that sank in eastern Indonesia on Dec. 22 has affected the marine life of Pantar Strait and its surrounding waters.