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Search result with “Oil Storage” as a keyword founded 101 news.

Court Jails Ex-Pertamina Executive Over $16 Billion Fuel Procurement Scandal

... three main counts: unilaterally appointing oil storage terminal operators whose facilities did ... the most prominent suspects is oil businessman Mohammad Riza Chalid, who ... of Orbit Terminal Merak, leased storage facilities to Pertamina at prices ...
News May 12, 2026 | 9:36 pm

ASEAN to Ratify Fuel-Sharing Pact by November

... the deal for the regional oil-sharing mechanism no later than ... enable ASEAN economies to supply oil to fellow member states in ... , including the location of the storage. “The principle was immediately unanimously ...
News May 11, 2026 | 1:00 pm

JCI Gains 0.22% on Stable Inflation, Trade Surplus Support

... have eased concerns over global oil supply disruptions, helping to ... for the Golden Week holidays. Oil prices rebounded sharply, with ... Strait of Hormuz. “The oil market remains the fulcrum, with ... the Gulf, idling as storage constraints force producers to shut ...
Business May 4, 2026 | 4:15 pm

Trump Unveils ‘Project Freedom’ to Escort Ships from Strait of Hormuz

... one-fifth of the world’s oil and natural gas shipments. Dozens ... of vessels, including oil tankers and cargo ships, have ... has sharply reduced Iran’s oil revenues, with storage nearing capacity and potential ...
News May 4, 2026 | 10:47 am

Prabowo Launches $6.7 Billion Downstream Projects to Cut Raw Commodity Exports

... on agriculture, covering palm oil processing into biodiesel and ... , East Kalimantan Operational fuel storage tanks in Biak, Papua ... Gresik, East Java Palm oil downstream processing into oleofood ... based processing facility for MCT oil, flour, and activated ...
Business Apr 29, 2026 | 6:16 pm

Danantara COO Dony: DME Key to Cutting Indonesia’s LPG Dependence

... increasing national reserves by building oil storage facilities and preparing new refinery ...
Business Apr 28, 2026 | 7:39 pm

Russia to Supply Crude and LPG to Indonesia Following Moscow Talks

... agreed to supply crude oil and liquefied petroleum gas ... , including the development of oil storage facilities, refineries, and power ... which have disrupted global oil flows and contributed to ... with two tankers carrying oil for Pertamina currently stranded ...
Business Apr 14, 2026 | 6:34 pm

Will War on Iran and Godzilla El-Nino Lead to a Global Food Crisis?

... attention understandably turns to oil prices and the security of ... 20 percent of global oil consumption passes through this ... . Yet focusing only on oil risks overlooking another, quieter ... crop drying, milling, cold storage and transportation. The result is ...
Opinion Apr 14, 2026 | 10:16 am

US Military Blockades Iranian Ports after Ceasefire Talks End

... 21 Million Barrels of Oil in Floating Storage Samir Madani, the ... identify the types of Iranian oil tankers present in the ... can hold 2 million barrels of oil each -- and 1 Suezmax tanker -- ... could be keeping the oil in floating storage to “better regulate ...
News Apr 13, 2026 | 8:03 am

Indonesia Secures Rp 574 Trillion in Investment as Strategic Ties with Japan, South Korea Deepen

... power development, carbon capture and storage (CCS), and renewable energy. Partnerships ... energy and energy transition, including oil and gas development with a focus ...
Special Updates Apr 2, 2026 | 5:23 pm

Bahlil Warns Against Panic Buying as Energy Pressures Mount

... cope with rising crude oil prices triggered by supply ... despite global challenges in crude oil availability, and reiterated that ... reserves, based on Pertamina’s storage capacity, are sufficient to meet ... diversify import sources for oil and LPG are expected ...
Business Mar 26, 2026 | 9:14 pm

Iran, Israel Exchange Strikes on Energy Facilities, Crude Oil Prices Now Surge 60%

... intensified its attacks on oil and natural gas facilities around ... fifth of the world’s oil is transported. Since the United ... exit route. Brent crude oil, the international standard, spiked ... bombs on underground weapon-storage facilities. Israel said Thursday ...
News Mar 20, 2026 | 12:47 am

New US-Indonesia Trade Deal Secures Fossil Fuels and Access to Critical Minerals

... major products such as palm oil, coffee, cocoa, spices, and ... supply chains, beef up its oil and gas exports, and ... as liquefied petroleum gas, crude oil and gasoline. Trump's efforts to ... 100 GW of solar and storage capacity and expand interconnection grids ...
Business Mar 19, 2026 | 5:43 am

How Ready is Indonesia in Navigating Energy Crisis Ahead of Eid?

... that the national fuel storage capacity averages only 14 ... immediately build a commercial strategic oil storage hub in the Strait ... just about physical infrastructure, oil tanks, or cargo ships. ... a combination of fully stocked oil tanks, fully operational ports, ...
Special Updates Mar 16, 2026 | 7:28 pm

Iran Says US Launched Attacks from UAE as War Enters 3rd week

... terminal handling Iran's oil exports, without providing evidence ... strikes against the country’s oil infrastructure would provoke a ... the Islamic Republic's oil infrastructure is hit. Iran ... destroyed naval mine storage facilities, missile storage bunkers, and ...
News Mar 15, 2026 | 2:33 am

Following Philippines, Indonesia Eyes 4-Day Workweek to Cut Fuel Use

... Middle East threaten global oil supply. Energy and Mineral ... Indonesia’s limited domestic energy storage capacity. To strengthen energy ... also adjusted its crude oil import strategy, shifting ... Weighs Deficit Above 3% as Oil Risks Mount, Minister Purbaya Says ...
Business Mar 13, 2026 | 3:14 pm

Government’s Playbook for Expensive Oil: Biofuels, Strategic Reserves, and Budget Discipline

... energy security by expanding oil storage capacity. Indonesia currently holds ... . A planned large-scale storage facility aims to raise that ... to immediately build the storage facility. We need this ... warn that sustained high oil prices could eventually force ...
Business Mar 13, 2026 | 8:02 am

Explainer: US to Release 172 Million Barrels from Strategic Petroleum Reserve

... tanker Shenlong Suezmax, carrying crude oil from Saudi Arabia, that ... storage space. And Iran, Israel, and the US have all struck oil ... make 400 million barrels of oil available. The Trump administration's ... How Do They Get the Oil Out? Oil is lighter than water ...
Business Mar 13, 2026 | 2:17 am

JCI Opens Slightly Higher but Caution Dominates Ahead of Idul Fitri Holiday

... showed mixed performance overnight as oil prices resumed climbing. The ... the Nasdaq Composite rose 0.1%. Oil price volatility has been a ... the strait, causing regional storage tanks to fill and ... Indonesia noted that Iran’s oil exports remain relatively stable. ...
Business Mar 12, 2026 | 9:10 am

When Import Permits Stall, Industry Suffers

... essential ingredients — such as fish oil — cannot be imported due to ... , and raise costs through additional storage expenses, logistical adjustments, contractual penalties ...
Opinion Mar 9, 2026 | 11:09 am
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