Indonesia oil

But Jakarta is likely to weigh carefully the domestic political benefits of cheap oil against possible international blowback.

With a government to provide for and its own pecuniary interests, the Malaysian state oil and gas giant is unlikely to change dramatically.

The firm's CEO said that the firm should take advantage of the plummeting prices for Russian crude oil.

As the country heads to elections next year, assessing progress of the government’s energy policies will be key.

The legal framework lends itself to rent-seeking, which now holds the industry hostage.

Indonesia’s return to the oil cartel will have some interesting implications.

Jakarta is set to return to the Organization of Petroleum Exporting Countries later this year.

The country’s energy ministry says it is considering doing so.