Jakarta: Indonesia began 2025 with an increase in the value added tax (VAT) on luxury goods and services in a bid to boost state revenues to support ...

Multiple trade sources confirmed on Friday that Indonesian state-owned oil company Pertamina wants to purchase around 1.2 millions barrels of ...

Indonesia offered a total of 11 blocks in 2024 while Malaysia's latest bid round comprised five exploration blocks.

Indonesia’s B40 biodiesel policy faces delays, stalling plans to cut palm oil exports and affecting global markets.

Nine tons of oil said to have leaked into Yangtze River after collision betweena capesize bulker and kamsarmax ...

Russian officials have warned of severe environmental damage as thousands of people came out to clean up tons of fuel oil ...

Ho Chi Minh City-headquartered Petec Trading and Investment Corporation (PETEC) has decided to invest VND256 billion ($10 ...

Finland seized an oil tanker that authorities believe might have deliberately cut vital undersea cables. Finnish authorities ...

The archipelagic nation would be critical for blockading China in the event of an invasion of Taiwan. However, Jakarta is ...

US broadens sanctions on tankers to squeeze flows of Iranian oil - Bloomberg. Find the latest news from the maritime industry on the PortNews website.

In November, the Stop Fuelling Genocide campaign released evidence that suggested that the “Seavigour” tanker shipped crude oil from Turkey’s Ceyhan port to a pipeline near Ashkelon in Israel.