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Rupiah Slides Further as Middle East Escalation, Domestic Legal Turmoil Weigh on Sentiment
... Drive Indonesia's Stock Market "Prolonged disruptions could force oil refineries, particularly in Asia ... and insurance costs," Ibrahim said in a statement on Monday. Domestically, ... could have broader implications for Indonesia's economy. "Legal certainty is a ...Business Jul 13, 2026 | 4:54 pm
Singapore, Malaysia Oil Imports Drive Indonesia’s Deficit
... BPS attributed the loss to Indonesia’s deficit in oil and gas trade, which ... . They came in at $4.51 billion in May alone. Indonesia’s ageing refineries leave the ... instill higher palm oil content in its conventional diesel in a move better known ...Business Jul 2, 2026 | 9:12 am
Indonesia Keeps Subsidized Fuel Prices Unchanged Despite Rupiah Slide
... 6,800 per liter. “The increase in subsidized fuel prices has already ... production, and preparations for domestic refineries have also been made,” Yuliot ... would remain safe even though Indonesia’s crude oil benchmark, known as the ...Business May 29, 2026 | 6:44 pm
Securing Upstream Supply Amid National Downstream Expansion
... Oil and Gas Industry Sustainability Indonesia's upstream oil and gas industry is currently in ... supply sustainability for modernized national refineries will continue to face ... policy framework, Indonesia will not only possess modern refineries but also ...Special Updates May 8, 2026 | 3:37 pm
Russia Says Indonesian Oil Prices Are to Be Discussed by Businesses
... the prices of oil to be sold to Indonesia still have to ... " with Jakarta in fossil fuel supply. “But oil prices are to ... part in the deal. The company has said its refineries are ... down traffic in the Strait of Hormuz — a vital oil chokepoint — in retaliation ...Business Apr 18, 2026 | 5:13 pm
JCI Gains 0.98% as Diplomacy Lifts Markets, Indonesia Eyes Russian Crude
... Indonesia Vows Sub-3% Deficit as Purbaya Courts US Investors in New York In Indonesia ... , rising global oil prices, hovering in the $90 ... . Pertamina has stated that domestic refineries are technically capable of processing ...Business Apr 15, 2026 | 9:48 am
Russia to Supply Crude and LPG to Indonesia Following Moscow Talks
... Indonesia’s broader energy security agenda, including the development of oil storage facilities, refineries ... , regulatory compliance, and commercial considerations in evaluating any agreements. Regarding the ...Business Apr 14, 2026 | 6:34 pm
Govt Says Fuel Stocks Safe as Panic Buying Hits Some Regions
... tensions in the Middle East affect global energy supply. Indonesia’s crude oil storage ... Sources Indonesia still relies partly on imported crude oil to supply domestic refineries ... sparked panic buying in parts of the country. In Labuhanbatu, North Sumatra ...News Mar 7, 2026 | 1:08 pm
Private Fuel Stations Restore Gasoline Sales After Months-Long Shortage
... . Private fuel retailers in Indonesia have begun restoring gasoline ... remained under the ministry’s oil and gas directorate. ... refineries to supplement their supply. With import quotas raised in ... stability and help reduce Indonesia’s oil and gas deficit. Private ...Business Nov 27, 2025 | 9:58 am
Minister Bahlil Approves Military Security at Oil Refineries to Counter Sabotage Risks
... to secure state-owned oil refineries, calling the measure ... at Indonesia’s Third-Largest Refinery Put Out in Hours ... to state-owned oil refineries beginning in December. Sjafrie stressed ... the people. Read More: Indonesia’s $7.4 Billion Balikpapan Refinery ...Business Nov 26, 2025 | 11:28 pm
Industry Ministry Aims to Cut Petrochemical Imports by $9.5 Billion
... on imports, while integration between refineries and petrochemical plants remains weak ... cheap feedstock. “In this highly competitive global landscape, Indonesia can only compete ... downstream industries, drafting a roadmap for oil- and coal-based basic chemicals ...Business Nov 17, 2025 | 3:24 pm
Pertamina to Buy US Energy Without Tender as Tariff Talks Go On
... to the state-run oil company Pertamina without going ... optimizing the feedstock or crude oil for national energy security”, ... on possible cooperation related to refineries. Fadjar did not say ... gap. Read More: Indonesia Eyes US Investment in Nuclear Power as ...Business Nov 17, 2025 | 12:38 pm
Pertamina Targets Merger of Three Subsidiaries by January 2026
... of the House of Representatives in September, stating that the consolidation ... , such as lower oil demand, rising supply from new refineries, and shrinking ... . Read More: Pertamina to Buy Oil from Indonesia’s Traditional Wells, Says BahlilBusiness Nov 11, 2025 | 10:20 am
Palm Oil Futures Steady Near One-Week Low as India Demand Softens
... lowest level since May, as refineries scaled back purchases ahead of ... in October, with festive demand peaking mid-month. Read More: Indonesia’s Palm Oil ... ringgit a day earlier. At the Indonesia Commodity & Derivatives Exchange (ICDX), CPO ...Business Oct 7, 2025 | 10:49 am
Energy Minister Tells Shell, BP, Vivo to Rely on Pertamina for Fuel Supply
... & Managing Director Mobility Shell Indonesia, Ingrid Siburian, said Tuesday ... source fuel from Pertamina’s refineries to prevent further scarcity, ... billion worth of crude oil, refined products, and ... from US suppliers, in exchange for Washington lowering ...Business Sep 17, 2025 | 1:13 pm
Shell, BP May Exit Indonesia Under Pertamina-Led Fuel Import Scheme, Expert Warns
... near-monopoly over downstream oil and gas distribution. Such ... Exit Fuel Retail Business in Indonesia, Sells Stations to JV ... purchase fuel from Pertamina’s refineries. At a parliamentary hearing ... liquefied petroleum gas, crude oil, and refined products from ...Business Sep 17, 2025 | 10:55 am
Indonesia's US-Backed Refineries to Process Imported American Oil
... that these refineries would focus on processing the crude oil that Indonesia would ... . The Middle East is among Indonesia’s top oil suppliers, but Jakarta is ... modular refineries in question would be located in Sumatra, Kalimantan, Java, and eastern Indonesia ...Business Jul 30, 2025 | 4:15 pm
There’s A Chance for Anwar, Prabowo to Discuss US Tariffs as Deadline Nears
... the world's largest palm oil suppliers to postpone the meeting ... US government. Indonesia has made major concessions in trade with ... of American energy products. Indonesia agreed to open up ... . Read More: Indonesia, US to Build 17 Refineries in $8 Billion Energy ...Business Jul 28, 2025 | 11:21 pm
EU to Let Indonesian Palm Oil Enter Its Market at 0 Pct Tariff
... production, to secure the Indonesia Sustainable Palm Oil (ISPO) certificates. Airlangga alluded ... Prabowo Subianto in Brussels. Read More: Indonesia, US to Build 17 Refineries in $8 Billion ...Business Jul 28, 2025 | 6:29 pm
Indonesia, US to Build 17 Refineries in $8 Billion Energy Deal
... United States will support Indonesia in developing 17 modular oil refineries throughout the archipelago ... refineries across Indonesia,” Airlangga said during the Investor Daily Roundtable in Jakarta. Later in ...Business Jul 28, 2025 | 1:35 pm
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