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Pertamina

Asean Business

Indonesia’s ‘Gasoline Godfather’ a suspect in second graft case

President Prabowo Subianto has ordered Pertamina not to increase prices for subsidised as well as non-subsidised fuel products.
Energy & Commodities

Indonesia's Pertamina will not increase fuel prices on April 1

The three men had each denied the charges against them and pleaded not guilty, local media reported during the trial.
Asean Business

Indonesia court jails ex-CEOs of Pertamina units in major graft case

Jakarta revised its state-owned enterprise law last year to clarify that not all losses constitute state losses, but old fears still linger.
Asean Business

Indonesia’s ‘state-loss trap’ and why SOE giants may be too scared to sell

Private retailers in Indonesia were told to import petrol through Pertamina after the government capped their import quota for the year, leading to shortages across their petrol stations.
Energy & Commodities

Shell agrees to buy 100,000 barrels of petrol from Indonesia's Pertamina amid shortage

The government has since permitted private retailers to import more fuel via Pertamina to address the shortages.
Energy & Commodities

Indonesia’s Pertamina says fuel retailer Vivo agrees to purchase petrol

Pertamina’s shipping arm is seeking a separate loan of about US$700 million for the construction of vessels.
Asean Business

Pertamina seeks US$2.5 billion loan as Indonesia dollar deals rise

State oil-and-gas giant Pertamina has faced repeated criticism, including from Indonesia’s parliament, for its inefficiency.
Asean Business

Indonesia’s ‘Gasoline Godfather’ targeted in US$18 billion graft probe

CREC's 60-megawatt-peak utility-scale solar photovoltaic power plant in Toledo, Cebu. The company currently has 10 operating utility-scale solar farms.
Companies & Markets
TOPLINE

Philippine energy giant Citicore Renewable eyes Cambodia, Myanmar after Pertamina deal

Pertamina sent a request for proposals to banks for the loan in recent weeks, seeking a tenor of around ten year.
Asean Business

Indonesia’s Pertamina seeks US$700 million loan to build vessels: sources

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