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Indonesia’s Pertamina to Develop Its Biggest Refinery with Oman Company

JAKARTA (TheInsiderStories) — Indonesia’s state-owned energy producer, PT Pertamina will co-operate with an Oman company, Overseas Oil & Gas (OOG), to develop a new...

Dwi Soetjipto Lead Special Task Force for Upstream Oil and Gas Business Acitivities

JAKARTA (TheInsiderStories) - Minister of Energy and Mineral Resources Ignasius Jonan has appointed Dwi Soetjipto as Head of the Special Task Force for Upstream...

Indonesia’s Pertamina Eyes Lithium Battery Market

JAKARTA (TheInsiderStories) - Indonesia’s energy producer, PT Pertamina aims to be the biggest lithium battery producer in the country, said one official on Thursday (11/29). For...

Indonesia’s Pertamina Must Implement B20 Program: Minister Nasution

JAKARTA (TheInsiderStories) - Coordinating Minister for Economic Affairs (CMEA) Darmin Nasution urged state-owned energy producer, PT Pertamina to not be half-hearted in implementing environmental-friendly fuel,...

Indonesia’s Pertamina Sell Global Bond US$750M

JAKARTA (TheInsiderStories) - Indonesian state-owned oil and gas producer, PT Pertamina sell global medium terms note (GMTN) with worth US$750 million in the midst global...

Indonesia’s Pertamina Terminates Buyback Program Amid Poor Market

JAKARTA (TheInsiderStories) - Indonesian energy producer, PT Pertamina announced that it has terminated its cash tender offers program to purchase 2021 and 2022 Notes amid the...

Indonesia’s Pertamina Plans to Buyback Bond up to US$2.25B

JAKARTA (TheInsiderStories) - Indonesian energy producer, PT Pertamina announced that it has commenced tender offers to purchase for cash any and all of the outstanding 2021...

Moody’s assigns Baa2 to Pertamina’s MTN Drawdown

JAKARTA (TheInsiderStories) - Moody's Investors Service has assigned a Baa2 rating to the proposed senior unsecured USD notes to be issued by Pertamina (Persero) (P.T.). The rating...

Italian Eni, Pertamina Explores to Develop Green Energy in Indonesia

JAKARTA (TheInsiderStories) - Eni S.p.A, an Italian multinational oil and gas company signed an agreement with Indonesia's energy producer PT Pertamina to explore oil and gas downstream...

Indonesia’s Pertamina, Conoco Competes to get the Corridor Block

JAKARTA (TheInsiderStories) - Indonesia' state-owned energy firm PT Pertamina, the existing operators ConocoPhilips, and other investor had submitted a special proposal for the Corridor Block, whose...

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Insight: Indonesia Concern to Develop Electric Car

JAKARTA (TheInsiderStories) – The Indonesian government is taking the necessary steps toward developing and producing electric vehicles in the future. The policy laws should...

Indonesia’s Pertamina to Develop Its Biggest Refinery with Oman Company

JAKARTA (TheInsiderStories) — Indonesia’s state-owned energy producer, PT Pertamina will co-operate with an Oman company, Overseas Oil & Gas (OOG), to develop a new...

Japan’s Downside Revision to Q3 Real GDP May Indicate Slower Growth in 2018

Jakarta (TheInsiderStories) - Japan’s real GDP growth in the third quarter (Q3) was revised down to a contraction of 0.6 percent quarter to quarter (q/q,...

China’s CPI Falls on Lower Vegetable and Oil Prices in November

JAKARTA (TheInsiderStories) - According to the National Bureau of Statistics, China's consumer price index (CPI) increased by 2.2 percent year on year (y/y) in November,...

Indonesia’s Galang Batang SEZ in Riau Officially Operating

JAKARTA (TheInsiderStories) - Coordinating Minister for Economic Darmin Nasution, last Saturday, inaugurated Galang Batang Special Economic Zone (SEZ) in Bintan, Riau Islands Province. The Development and...

OPEC Cuts Oil Productions 1.2 Million Barrels per Day

JAKARTA (TheInsiderStories) - Organization of the Petroleum Exporting Countries (OPEC) and Non-OPEC has agreed to cut oil production amid United States (US) President Donald Trump to...