Home Tags Pertamina

Tag: Pertamina

Garuda Indonesia’s Lenders Approves the Debt Restructuring

JAKARTA (TheInsiderStories) - The state airlines, PT Garuda Indonesia Tbk (IDX: GIAA) has complete the debt restructuring with some of lenders, PT Angkasa Pura 1 (AP...

Indonesia’s Pertamina Confidents to Book Net Profit US$800M

JAKARTA (TheInsiderStories) - State energy firm, PT Pertamina, optimistic to book a net profit of US$800 million by the end of this year also earning before...

Pertamina Power Indonesia Invests US$15B to Build Renewable Energy

JAKARTA (TheInsiderStories) - PT Pertamina Power Indonesia, the unit of state-run energy holding, PT Pertamina, is preparing an investment of around US$15 billion until 2026 to...

Indonesia’s Pertamina Seeks New Partners in Rokan Block

JAKARTA (TheInsiderStories) - The national state-owned oil and gas company, PT Pertamina, is looking for potential partners in the Rokan Block, Riau, which will take over...

Indonesia’s Pertamina EP Completes Two Oil and Gas Blocks

JAKARTA (TheInsiderStories) - PT Pertamina EP, an oil and gas producer under PT Pertamina, has completed SP Bambu Besar and SKG Betung projects in this month....

Indonesian Govt Pays ‘Debt’ US$6.46B to PLN and Pertamina

JAKARTA (TheInsiderStories) - Indonesian government paid its obligation to PT Perusahaan Listrik Negara (PLN) and Pertamina with total amoun Rp90.4 trillion (US$6.41 billion) as a compensation...

Pertamina Can’t Absorbs, Indonesia will Export Banyu Urip’s Crude Oil

JAKARTA (TheInsiderStories) - The Special Task Force for Upstream Oil and Gas Implementation (SKKMigas) plans to export crude oil from Banyu Urip field in Cepu, East...

Perta Arun Gas Plans Export LNG to Myanmar

JAKARTA (TheInsiderStories) - PT Perta Arun Gas, the unit of state-owned energy producer, PT Pertamina, plans to export liquefied natural gas (LNG) from Arun terminal in...

ANTAM, PLN, Pertamina Forms Indonesia Battery Holding

JAKARTA (TheInsiderStories) - State-run firms, PT Aneka Tambang Tbk (IDX: ANTM), PT Perusahan Listrik Negara (PLN), and PT Pertamina, plans to form a new venture...

Chevron Indonesia Drills Rokan Block, Pertamina Seeks Partners

JAKARTA (TheInsiderStories) - PT Chevron Pacific Indonesia and Special Task Force for Upstream Oil and Gas Business Activities (SKKMigas) signed a head of agreement...

Indonesia’s Pertamina Receives Injection US$141M from Widodo

JAKARTA (TheInsiderStories) - President Joko Widodo injects assets worth of Rp2.1 trillion (US$141.89 million) to PT Pertamina to improve the capital structure of the...

Phoenix Petroleum Partnering with Pertamina to Enter Southeast Asian Market

JAKARTA (TheInsiderStories) - Phoenix Petroleum Philippines Inc., and PT Pertamina has signed a fuel product supply and other trading activities in Indonesia and Philippines as part...

Indonesia’s Pertamina Explores US$3B Loans for Expansion

JAKARTA (TheInsiderStories) - State oil company, PT Pertamina, has appointed six banks to seek loans in the form of a bridging loans around US$3 billion...

Perusahaan Gas Negara, Pupuk Indonesia Signs Gas Sales 91 BBTUD

JAKARTA (TheInsiderStories) - Indonesian gas producer and distributor, PT Perusahaan Gas Negara Tbk (IDX: PGAS) has signed a gas sale and purchase agreement with and state-owned...

Indonesia’s Perusahaan Gas Negara Delays LNG Export, Cut Capex

JAKARTA (TheInsiderStories) - Indonesian gas producer, PT Perusahaan Gas Negara Tbk (IDX: PGAS), decided to postponed the export of liquefied natural gas (LNG) to China Petroleum...

Pertamina, Chandra Asri Collaborates on Petrochemical Businesses in Indonesia

JAKARTA (TheInsiderStories) - PT Kilang Pertamina Internasional (KPI), unit of PT Pertamina, signed a head of agreement with PT Chandra Asri Petrochemical Tbk (IDX: CAPC) to...

Indonesia’s Pertamina Financial Hit by Triple Shocks in 1H 2020

JAKARTA (TheInsiderStories) - Indonesian major energy producer, PT Pertamina, reported net loss US$767.91 million in the first semester (1H) of 2020, hit by a triple...

Indonesia’s Elnusa to Release SUKUK US$48M in this Month

JAKARTA (TheInsiderStories) - PT Elnusa Tbk (IDX: ELSA), a subsidiary of state-owned energy firm, PT Pertamina plans to issues SUKUK with total amounts  Rp700 billion (US$48.28...

Global Investment in Upstream Businesses to Fall 30% in 2020

JAKARTA (TheInsiderStories) - Head of the special task force for upstream oil and gas business activities (SKKMigas), Dwi Soetjipto, sees the global investment in these...

Pertamina, Pupuk Kujang Build the First Catalyst Plant in Indonesia

JAKARTA (TheInsiderStories) - The state-owned energy company, PT Pertamina together with PT Pupuk Kujang and PT Rekacipta Innovation Institute of Technology Bandung established a joint venture...

KLD Field Owned by PHE OWNJ Starts Production Early Next Year

JAKARTA (TheInsiderStories) - PT Pertamina Hulu Energi Offshore North West Java (PHE ONWJ) is targeting to produce oil and gas from the KLD field...

Ladang KLD Milik PHE OWNJ Mulai Produksi Awal Tahun Depan

JAKARTA (TheInsiderStories) - PT Pertamina Hulu Energi Offshore North West Java (PHE ONWJ) menargetkan bisa memproduksi minyak dan gas dari lapangan KLD di kuartal 1, 2021.  Diharapkan...

Indonesia’s Pertamina Need Funds US$133 Until 2026

JAKARTA (TheInsiderStories) - State run oil and gas holding, PT Pertamina, needs funding of US$133 billion until 2026 to boost the production capacity, said the...

Indonesia’s Pertamina Profit Stagnant Amid the Low Price

JAKARTA (TheInsiderStories) - The largest energy producers in Indonesia, PT Pertamina reported booked a net profit US$2.53 billion in 2019, same with last year' number. This...

Thohir Cut Half of Pertamina’s Board of Directors, Set Up Subholding

JAKARTA (TheInsiderStories) - State own enterprises minister, Erick Thohir, cut half of the energy producer, PT Pertamina' board of director at the shareholder meeting today...

Saudi Aramco Quits from Pertamina’s Cilacap Oil Refinery Project

JAKARTA (TheInsiderStories) - Saudi Arabian Oil Co., (Aramco) quit from Cilacap oil refinery project owned by energy firm, PT Pertamina after a long discussion, said...

Taiwan’s CPC, Pertamina to Build Petrochemical Complex in West Java

JAKARTA (TheInsiderStories) - A joint petrochemical complex planned by CPC Corp., from Taiwan and state-owned energy producer, PT Pertamina is to be built in Balongan, West Java,...

Indonesia Targeting will be Free from Oil Import Starting 2026

JAKARTA (TheInsiderStories) - Indonesian government targeting to be free from oil import starting 2026, said the official last week. To support the government plans, state-owned energy...

ADB Approves Loan Facility US$300M for Geo Dipa Energi

JAKARTA (TheInsiderStories) — The Asian Development Bank (ADB) has approved a US$300 million loan to help PT Geo Dipa Energi, an Indonesian state-owned company, expand...

Pertamina, South Korean Firms Signed a Deal to Build RDMP in...

JAKARTA (TheInsiderStories) - Energy producer, PT Pertamina and a consortium of South Korean companies signed a memorandum of understanding to examine the business opportunities in...