Tag: Refinery
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...
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...
Asian Refiners See Earnings, Margins Dwindle as Supply Outraces Demand
JAKARTA (TheInsiderStories) - Moody's Investors Service says that the aggregate EBITDA of Asian refiners will decline by around 30 percent, which could go as high as...
S&P: Some Refineries in Asia-Pacific Region Cut Runs
JAKARTA (TheInsiderStories) - While many refineries in the Asia-Pacific region have been ramping up runs, some, especially in Indonesian and India, are now reducing throughput...
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...
Malaysia’s Press Metal Buys 25% of Indonesian Alumina Refinary
JAKARTA (TheInsiderStories) - Malaysia' Press Metal (8869) inked an agreement to subscribe 25 percent equity interest in PT Bintan Alumina Indonesia (BAI) for US$80.23 million,...
Indonesia’s Pertamina Raises US$1.5B From GMTN
JAKARTA (TheInsiderStories) - State-owned oil producer, PT Pertamina re-issued two series Global Medium Term Notes with total amount US$1.5 billion. Series A have tenure...
