Industry News

Indonesia Planning New Refinery to Reduce Fuel Imports

SINGAPORE, Oct 31 (Reuters) - Indonesia is looking to build a new 300,000-barrels-per-day (bpd) state-owned refinery to reduce its dependence on imported fuels, a government official said on Thursday.02 November 2013

Indonesian Demand to Draw in Surplus European Gasoline Flow

SINGAPORE, Oct 7 (Reuters) - Indonesia's growing gasoline demand could help pry open a new trade route for the motor fuel in the next five years, as cargoes start heading to Asia on a regular basis from a European market awash with supplies.11 October 2013