Indonesia’s daily consumption of fuel oil was down eight percent. However, the use of household LPG increased to five percent.
IPA recommends the government to provide stimulus to maintain the upstream oil and gas business continuity amid the oil price slump.
The work on the Tangguh Train III Project continues despite the Covid-19 pandemic.
CPO producers shall consequently boost domestic sales.
Toll road traffic has declined due to the social distancing policy.
Inpex continues to develop the Masela Block amid the fast-spreading Covid-19 pandemic.
The potential investment losses in the coal-fired power plant projects because of the Covid-19 can hit US$ 13.1 billion.
Rupiah’s underwhelming performance against the US dollar has forced automotive manufacturers to increase local content in their products.
The operators of the gas station network have yet to cut fuel prices.
SKK Migas is pushing for more efficient operation in the Muriah Block’s Kepodang Field.