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Many engines lose rpm when they are sitting at a hot idle. The problem could be with the fuel or ignition systems, but could also be a stepper motor that either needs to be replaced or reset (to re-establish the correct idle speed).
The oil light will be flickering because the sensor is telling the computer that there’s not enough oil pressure being generated to lubricate the engine properly. In turn, that’s because hot oil is thinner than thick oil (which means less oil pressure) and the amount of oil pressure generated is directly linked to how fast the engine is running. Hot (thin) oil plus a slow idle, means a dangerous fall in oil pressure.
If the oil pressure light goes out when you rev the engine a little, it will probably be okay, but don’t drive it like that for too long. Once the idle speed is reset, the oil light should not flicker on again. If it does, change the engine oil to a thicker (higher viscosity) specification.
It's not recommended that you run the Apollo on E10.
The Apollo is the same as the Toyota Camry, which converts well and gives little trouble. You can choose between an old venturi/mixer system or the latest vapour injection technology.