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Pertamina Gets US$7B from Abu Dhabi Investors to Build Petrochemical Plant

JAKARTA (TheInsiderStories) - Indonesia fuel company, PT Pertamina granted investment from Abu Dhabi and Taiwan investors to build a petrochemical plant in Balongan Refinery,...

Indonesia’s Pertamina Allocates US$3.7B for Upstream Investment in 2020

JAKARTA (TheInsiderStories) - State energy holding company PT Pertamina will allocate at least US$3.7 billion to develop its upstream sector next year, from the...

Indonesia’s Pertamina Prepares US$1.5B to Excavate Mahakam Block

JAKARTA (TheInsiderStories) - Indonesian energy holding company, PT Pertamina prepared an investment US$1.5 billion to drill 257 wells at Mahakam Block during 2020 - 2022, said...

Indonesia’s Pertamina Gets US$2B Profit, Fell a Bit

JAKARTA (TheInsiderStories) - Indonesia’s energy state-owned enterprise, PT Pertamina finally released its 2018 financial report. Pertamina booked US$2.53 billion (Rp 36.43 trillion) during last...

Indonesia’s Pertamina Claims Four Investors Interested in Mahakam Block

JAKARTA (TheInsiderStories) - Indonesia's oil & gas producer PT Pertamina claimed four international companies have shown their interests to manage the offshore Mahakam Block, the...

Japan’s INPEX Releases Mahakam and Attaka Blocks after 2018

JAKARTA (TheInsiderStories) - Japan's INPEX Corp. will release its interests in two production-sharing contracts (PSC), namely the offshore Mahakam Block and the Attaka Block...