Government Drafts New Energy Subsidy Scheme

Jakarta. The Indonesian government is formulating a new energy subsidy scheme to better target assistance toward those who need it most, Energy and Mineral Resources Minister Bahlil Lahadalia announced on Tuesday.

Hefty oil price hike to greet consumers Jan. 7

MANILA – A hefty oil price hike will greet motorists and consumers during the first few days of 2025. Oil firms will increase gasoline and kerosene prices by PHP1 per liter, and make a PHP1.40 per liter increment on diesel on Tuesday.