Pertamina’s largest share of 2021 profit from upstream sector

JAKARTA, Jun 23, 2022 – (ACN Newswire via SEAPRWire.com) – The upstream sector accounted for the largest share of state-owned oil and gas firm PT Pertamina’s (Persero’s) net profit as Indonesian crude prices (ICP) soared in 2021. Pertamina Hulu Energi Offshore Southeast Sumatra (PHE OSES) well in Seribu Islands waters off North Jakarta’s coast (ANTARA […]

Tracing Pertamina’s cost efficiency amid high global oil prices

JAKARTA, Jun 22, 2022 – (ACN Newswire via SEAPRWire.com) – State-owned oil and gas firm PT Pertamina (Persero) succeeded in achieving cost optimization of US$2.21 billion in 2021 amid high global crude oil prices. Pertamina. gas station ANTARA/HO – PT. Pertamina Patra Niaga Regional Kalimantan. “Through this business strategy, in 2021, Pertamina succeeded in cost […]

Pertamina posts record net profit of Rp29.3 trillion

JAKARTA, Jun 22, 2022 – (ACN Newswire via SEAPRWire.com) – State-owned oil and gas firm PT Pertamina (Persero) posted a record net profit of Rp29.3 trillion in 2021 following a successful business transformation. President director of Pertamina, Nicke Widyawati, addressing an online press conference on Pertamina’s participation in the Dubai Expo, which was accessed from […]

Pertamina Sets Initiatives to Expedite Energy Transition

Becoming a Global Energy Champion JAKARTA, Mar 21, 2022 – (ACN Newswire) – PT Pertamina (Persaro), the state-owned energy company serving Indonesia as well as international markets, has set several initiatives to accelerate its energy transition toward the 2030 target energy mix and to reduce emissions, ensuring sustainability. The screenshot of Pertamina’s Senior Vice President of Investment Management Daniel […]

Pertamina to expand geothermal capacity by implementing ESG

GLASGOW, Scotland, Nov 13, 2021 – (ACN Newswire via SEAPRWire.com) – Pertamina Geothermal Energy (PGE) has planned to expand its installed geothermal power plant capacity in order to provide greater contribution to the reduction of greenhouse gas emissions in Indonesia, and support achieving the sustainable development goals (SDGs) on climate action, through implementing Environmental, Social, […]

Comitted to ESG, Pertamina develops climate village

Glasgow, Scotland, Nov 12, 2021 – (ACN Newswire via SEAPRWire.com) – PT Pertamina (Persero) has been implementing four community programs, based on adaptation and mitigation approaches as its Environmental, Social, and Governance (ESG), to support the government’s climate village program on reducing carbon emission. “In conducting the climate village program, Pertamina facilitates multi-stakeholders and multilevel […]

Go Sustainability, Pertamina Successfully Increases ESG Rating To PROPER

Glasgow, Scotland, Nov 9, 2021 – (ACN Newswire) – PT Pertamina (Persero) is committed to create sustainable business processes to become a leading global energy company with a reputation for being environmentally friendly, socially responsible, and with good governance. To carry out this commitment, Pertamina implements the requirements of several standards that are applied in the world such as […]

Committed to Expanding NRE, Pertamina Prepares US$8.3 Billion Capex

Glasgow, Scotland, Nov 8, 2021 – (ACN Newswire) – PT Pertamina (Persero) increases its contribution to Indonesia’s energy mix by encouraging the growth of new and renewable energy (NRE). The commitment is shown in the company’s total capital expenditure of USD 92 billion for 2020-2024, of which 9 percent, or USD 8.3 billion will be allocated for NRE. Iman […]

Supporting Government to Reduce Emissions, Pertamina Cooperates with ExxonMobil to Develop Low Carbon Technology

JAKARTA, Nov 2, 2021 – (ACN Newswire) – In line with President Joko Widodo’s direction to transform businesses towards a green economy, Pertamina is pursuing the Government’s target of reducing 29% Greenhouse Gas (GHG) emissions by 2030 with its own efforts and 41% with international assistance. President Director of Pertamina, Nicke Widyawati, and President of ExxonMobil Indonesia, Irtiza H. […]

Indonesian SOE Minister Erick Thohir Inaugurates PERTAMINA PRIDE

LAMPUNG, Indonesia, Apr 18, 2021 – (ACN Newswire via SEAPRWire.com) – State-Owned Enterprises (SOE) Minister Erick Thohir was at the Port of Semangka Bay, Kota Agung, Tanggamus Regency to inaugurate the PERTAMINA PRIDE, the Very Large Crude Carrier (VLCC) commissioned by Pertamina International Shipping (PIS), the shipping sub-holding of PT Pertamina. Handover of PERTAMINA PRIDE […]