The Latest Breaking News from Pertamina

Aramco, one of the world’s leading integrated energy and chemicals companies, and Indonesia’s PT Pertamina (Persero) are exploring collaboration across the hydrogen and ammonia value chain. The companies signed a Memorandum of Understanding (MoU) outlining future cooperation across this key pathway of the energy transition, in a ceremony that took…

JAKARTA: Indonesia has raised its heavily subsidised fuel prices by about 30%, as the government moves to rein in ballooning subsidies despite a risk of mass protests.

Indonesia has raised subsidised fuel prices by about 30% on Saturday, top officials said, as the government moves to rein in ballooning subsidies despite a risk of mass protests.

JAKARTA: Indonesia may raise heavily subsidised fuel prices by 30% to 40% to manage fiscal pressure from a ballooning subsidy budget, lawmakers from President Joko Widodo’s ruling coalition government told Reuters on Friday.

Prime Minister Scott Morrison is urging Indonesia to reject Vladimir Putin's presence at the G20 in Bali later this year, saying it would be "a step too far". But Indonesia says Mr Putin's invitation stands and it wants to remain impartial. Here's why.