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Search result with “Crude Oil Storage” as a keyword founded 38 news.

Indonesia’s Fuel Reserves at 23 Days, Govt Plans Storage Expansion

... 20% of the world’s seaborne crude oil shipments and has become a flashpoint ... . Bahlil acknowledged that Indonesia’s limited storage capacity remains a strategic vulnerability, stating ... or conflict occurs, our oil reserves and storage capacity would only last ...
Business Mar 5, 2026 | 12:14 pm

Indonesia Races to Shore Up Energy Buffer Against Supply Shocks as Oil Hits $80

... above minimum safety thresholds, national storage capacity is limited. A prolonged ... is preparing to construct new storage facilities with a capacity sufficient ... security. Subsidy Pressures Mount Indonesia’s crude oil production remains around 600,000 ...
Business Mar 3, 2026 | 8:26 pm

Jakarta Renews ExxonMobil Deal in Cepu Until 2055 in $10 Billion Commitment

... Billion in Indonesian Carbon Storage, Petrochemical He explained that ... largest contributors to Indonesia’s oil output, alongside fields ... petroleum gas, $4.5 billion in crude oil, and $7 billion in gasoline ... and distribution of palm oil-based biodiesel expands. ...
Business Feb 22, 2026 | 11:37 pm

KPK Welcomes Interpol Red Notice for Oil Trader Riza Chalid

... , including alleged corruption in crude oil procurement at Pertamina Trading Energy ... in a corruption investigation into crude oil and refinery product management at ... executives to manipulate crude oil procurement and lease fuel storage terminals without ...
News Feb 4, 2026 | 10:25 am

Interpol Issues Red Notice for Riza Chalid in $17 Billion Pertamina Graft Case

... issued a red notice for oil businessman Muhammad Riza Chalid, who ... case involving the governance of crude oil and fuel trading at ... efforts. Read More: Fugitive Oil Tycoon Riza Chalid Faces New ... in decisions to lease fuel storage terminals at the Port ...
News Feb 1, 2026 | 10:52 pm

PIS Deploys 332 Tankers to Secure Fuel and LPG Supply for the 2026 Holiday Season

... 332 tanker vessels to transport crude oil, fuel (BBM), LPG, and ... vessels. These tankers serve fuel, crude oil, LPG, and petrochemical distribution routes ... availability, port agency services, floating storage readiness, and other essential logistics ...
Special Updates Nov 28, 2025 | 8:23 pm

Fugitive Oil Tycoon Riza Chalid Faces New Scrutiny from KPK

... involving alleged manipulation of crude oil and refinery product management ... oil trading deals and obtain financing to acquire a storage ... facility in Merak. Riza, once dubbed Indonesia’s “oil ... Merak, to manipulate crude procurement and lease agreements ...
News Oct 22, 2025 | 2:10 pm

Riza Chalid’s Son Kerry Faces Trial in $17.5 Billion Oil Graft Case

... to alleged irregularities in crude oil and refinery product management ... alleged mastermind behind the oil trading scandal. During the ... to acquire a fuel storage facility in Merak in ... Pertamina executives to manipulate crude procurement and lease agreements ...
News Oct 14, 2025 | 6:37 am

AGO Moves to Trap Fugitives Riza Chalid, Jurist Tan With Passport Ban

... Pertamina to manipulate crude oil procurement and lease storage terminals through his ... Once a dominant figure in Indonesia’s oil trade, Riza previously controlled Pertamina ... multiple corruption scandals, including a 2008 crude import case that was dropped ...
News Oct 7, 2025 | 8:31 pm

Indonesia Seeks Interpol Red Notice for Fugitive Oil Tycoon Riza Chalid

... company Pertamina to manipulate crude oil procurement and lease storage terminals. His companies ... one of Indonesia’s most powerful oil traders, he previously controlled Pertamina ... to several scandals, including a 2008 crude oil import case that was dropped ...
News Sep 18, 2025 | 10:54 am

Prosecutors Place Indonesian Oil Magnate Riza Chalid on Wanted List

... laundering case linked to fraudulent crude oil imports and processing. AGO spokesman ... to orchestrate fraudulent crude procurement and lease fuel storage terminals without ... Orbit Terminal Merak -- to manage storage facilities at Merak Port. Prosecutors ...
News Aug 22, 2025 | 3:06 pm

Indonesian Fugitive Oil Tycoon Riza Chalid Traced to Kuala Lumpur, Says Minister

Bekasi. Fugitive oil businessman Muhammad Riza Chalid ... executives to orchestrate fraudulent crude oil procurement and lease fuel ... Merak -- to manage fuel storage facilities at Merak Port, ... social media platforms shows oil tycoon Muhammad Riza Chalid. ...
News Aug 12, 2025 | 10:46 pm

AGO to Issue Red Notice for Fugitive Tycoon Riza Chalid

... case tied to state-owned oil giant Pertamina. Riza, a ... : AGO Renews Pursuit of Oil Tycoon Riza Chalid, Who ... Pertamina officials, orchestrated fraudulent crude oil procurement and leased fuel terminals ... Merak, to manage fuel storage facilities at Merak Port, ...
News Aug 4, 2025 | 5:19 pm

Indonesia Expands Hunt for Fugitive Oil Tycoon Riza Chalid After Singapore Denial

... their search for reclusive oil tycoon Muhammad Riza Chalid ... massive corruption case linked to crude oil procurement and fuel trading ... the private residence of oil tycoon Muhammad Riza Chalid ... for additional storage. Read More: AGO Investigates Oil Tycoon Riza ...
News Jul 18, 2025 | 5:05 pm

Jakarta Launches Manhunt for Riza Chalid Over $17.5 Billion Oil Graft Scandal

... on Thursday named reclusive oil tycoon Muhammad Riza Chalid ... into alleged corruption in crude oil procurement and fuel trading ... company not needing additional storage at the time. According ... Sudarsono – Former VP of Crude and Product Trading, Pertamina ( ...
News Jul 10, 2025 | 11:36 pm

Indonesia to Slash Fuel Imports from Singapore, Eyes Middle East Supply

... hub, does not produce crude oil itself but re-exports ... December to construct a national oil storage reserve on an island ... firm Pertamina to stockpile crude oil, allowing the company to ... overall import costs. Indonesia’s crude production has declined steadily ...
Business May 9, 2025 | 4:56 pm

Chandra Asri Group Invests in Biofuel Raw Material,  Partners with Biofront

... improper disposal of cooking oil waste, reduce global greenhouse ... the entire process, from oil collection to storage, processing, and final ... delivery of the used cooking oil ... -Propylene, Bio-Ethylene, Bio-Crude C4, and Bio-Pygas. ...
Special Updates Oct 28, 2024 | 3:59 pm

How Business Transformation Drives Chandra Asri Group’s Growth

... bio-propylene, bio-ethylene, bio-crude C4, and bio-pygas. In ... acquire SECP which consists of a crude oil refinery with a processing capacity of ... mooring services) and liquid bulk storage (tank rental) for various industries ...
Special Updates Sep 17, 2024 | 6:06 am
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