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Global GDP Shrinks, ICP Declines to US$59.82 in October

JAKARTA (TheInsiderStories) -  Indonesian government set the Indonesian Crude Price (ICP) in October 2019 at US$59.82 a barrel followed the downtrend of global economic growth...

Indonesia Crude Price Lowering to US$57.26 a Barrel in August

JAKARTA (TheInsiderStories) - Energy and mineral resources (EMR) ministry stated that the trade war between the United States and China affected the average Indonesian Crude Price...

Indonesia’s Pertamina Records US$660M Profit in 1H

JAKARTA (TheInsiderStories) - Indonesia’ state oil and gas firm PT Pertamina recorded a net profit of US$660 million in the first half (1H) of...

Indonesia’s Pertamina Gets US$2B Profit, Fell a Bit

JAKARTA (TheInsiderStories) - Indonesia’s energy state-owned enterprise, PT Pertamina finally released its 2018 financial report. Pertamina booked US$2.53 billion (Rp 36.43 trillion) during last...