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Go-Jek, in partnership with Indonesia’s oil major Pertamina, has launched an on-demand fuel-delivery service. Called Go-Pertamina, it brings fuel to users from the nearest Pertamina gas station. The service is available in South and Central Jakarta from 8…
Pertamina is expected to post its lowest first-half profit in four years for 2018, an official said, with the state energy company squeezed by government fuel polices, higher oil prices and a 9 percent slide in the rupiah. Net profit at Pertamina is expected…
Pertamina Exploration and Production, the exploration arm of state energy firm Pertamina, announced on Thursday (23/08) a discovery of a new gas, oil and condensate reserve in West Java. The company, known also as Pertamina EP, found the reserve while…
State-owned energy company Pertamina plans to invest $237 million over the course of three years to develop the Sanga Sanga oil block in East Kalimantan, it announced on Wednesday (08/08). Pertamina has just acquired the block from US-based Virginia Indonesia…
State-owned energy company Pertamina needs to spend around Rp 800 billion to Rp 1 trillion ($70 million) this year to support the government’s single-price fuel scheme in 54 of the country’s most remote areas, a minister said on Monday (08/01). The…
State-owned oil company Pertamina EP (a subsidiary of Pertamina) is using the underbalance drilling new technology to boost its oil and gas production. The technology is being used as a new strategy and innovation to exploit production at the Jatibarang old…
State-owned oil and gas company PT Pertamina is seeking to acquire more oil and gas blocks in the country and abroad to meet its production target set by the government. “Operations abroad are expected to contribute 33 percent to the companys target of…
State-run oil and gas company Pertamina has allocated US$190 million for exploration of Mahakam Block in East Kalimantan. “The fund has been prepared, but it would not be that easy to process it. We are still calculating the tax and we could not give the fund…
State Enterprises Minister Rini Soemarno appointed Elia Massa Manik as the new president director of state oil and gas company Pertamina to replace Dwi Soetjipto who was relieved of his duties on February 3, 2017. Manik, who is appointed to the post of…
PT Pertamina made a net profit of US$2.83 billion in the third quarter of this year, 209 percent more than the US$914 million it made in the third quarter in the previous year. The president director of the state-owned oil and gas company, Dwi Soetjipto, on…
PT Pertamina reported US$1.83 billion (Rp23.8 trillion) in net profit in the first half of the year, or an increase of 221 percent from the same period last year. Chief Executive of the state-owned energy company Dwi Soetjipto attributed the increase in…
State-owned oil company PT Pertamina has launched a new fuel, Pertamax Turbo. Vice President Corporate Communication, PT Pertamina, Wianda Puspongoro said the product is available at several gas stations in Jakarta. “It is now available on MT Haryono,…
Indonesia’s state-owned Pertamina will sign a memorandum of understanding with the National Iranian Oil Co. next month to develop oil and gas blocks in Iran. Under the initial agreement, Pertamina will be allowed access to data on four Iranian oil blocks, a…
PT Pertamina through its subsidiary PT Pertamedika that manages Pertamina Central Hospital (RSPP) will soon build a hospital in Saudi Arabia. Energy and Mineral Resource Minister Sudirman Said, after the signing of Cilacap factory development contract with…
State-owned oil and gas company Pertamina has lowered the prices of Pertamax gasoline by Rp200-Rp300 per liter effective as of 00:00 on Sunday, 2016. Corporate Communication Vice President of Pertamina Wianda Pusponegoro said in written statement here on…
State oil and gas company PT Pertamina is teaming up with three other state firms in developing solar power generating stations (PLTS), a Pertamina spokesperson said. The development of new and renewable energy projects will use the idle land owned by…
