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July 29, 2015 11:40 PM ET

Oil, Gas and Consumable Fuels

Company Overview of PT Pertamina (Persero)

Company Overview

PT Pertamina (Persero), together with its subsidiaries, engages in oil, gas, renewable, and new energy businesses in Indonesia and internationally. The company operates primarily through Upstream and Downstream segments. It is involved in the exploration, production and supply of crude oil, natural gas, and geothermal energy. The company also engages in the refining, marketing, distribution, and trading of oil and gas, fuel, non-fuel, and petrochemical products. Its products include retail fuel for transportation and household sectors; industrial and marine fuel for industry and marine consumers; lubricants; liquefied petroleum gas, compressed natural gas, and hydrocarbon refrigerants for ho...

Jl. Medan Merdeka Timur No. 1A

Jakarta,  10110

Indonesia

Founded in 1957

27,429 Employees

Key Executives for PT Pertamina (Persero)

President Director and Chief Executive Officer
Age: 60
Finance Director and Director
Age: 40
Senior Vice President of Non Fuel Marketing
Age: 54
Upstream Director and Director
Age: 52
Senior Vice President of Upstream Strategic Planing & Operation Eval
Compensation as of Fiscal Year 2015.

PT Pertamina (Persero) Key Developments

Pertamina Plans $25 billion Investment for Upgrading Indonesian Oil Refineries

Pertamina intends to invest $25 billion to upgrade four main oil refineries in the country. The upgrades are being planned to provide for the rising crude oil demands and are located in Cilacap, Central Java; Balikpapan, East Kalimantan; Balongan, West Java; and Dumai, Riau, reports Jakarta Post citing Tempo.co.

Pertamina May Sell Stake In Mahakam Block

PT Pertamina (Persero) may sell part of its stake in Mahakam oil and gas block to other parties after taking full control of the block and also operating it.

Pertamina Mulls Acquisition Of Inpex Abadi FLNG Project

PT Pertamina (Persero) is mulling the acquisition of Inpex Abadi FLNG Project, an energy ministry official said. "Informally, Pertamina said they were interested in owning a stake in the Masela block, because this is a new block and it has big potential," Upstream Oil and Gas Director Djoko Siswanto said.

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Recent Private Companies Transactions

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