News & Event


August 18 2017
Pertamina halts plan to acquire Russian fields
PT Pertamina is finding it difficult to acquire two energy blocks controlled by Rusian oil firm Rosneft because of the high acquisition tax the firm has to pay to Indonesian authorities to clinch the ... Read more
The Jakarta Post - Read 0 times
August 18 2017
Chandra Asri to hold right issue
PT Chandra Asri Petrochemical Tbk plans to issue at least 279 million new shares worth Rp 5.03 trillion in a right issue to support its business expansion. The proceeds from the right issue plan will ... Read more
The Jakarta Post - Read 0 times
August 18 2017
ExxonMobil wants US$121 million for its JTB field ownership
ExxonMobil has set a price of US$121 million for PT Pertamina to acquire its 45 percent participating interest in the Jambaran-Tiung Biru (JTB) field in Central Java. At present, the JTB field is join... Read more
The Jakarta Post - Read 0 times
August 18 2017
ExxonMobil wants US$121 million for its JTB field ownership
ExxonMobil has set a price of US$121 million for PT Pertamina to acquire its 45 percent participating interest in the Jambaran-Tiung Biru (JTB) field in Central Java. At present, the JTB field is join... Read more
The Jakarta Post - Read 0 times
August 18 2017
Osram Indonesia targets 20% sales increase in 2017
PT Osram Indonesia, a subsidiary of German lighting company Osram, aims to increase its automotive lighting sales this year to 14 million lights, a 20 percent increase from last year. The company is t... Read more
The Jakarta Post - Read 0 times
August 18 2017
Aramco, Rosneft agree to conduct joint marketing with Pertamina
PT Pertamina has said it has convinced Saudi Arabian oil giant Saudi Aramco and Russia's Rosneft to conduct joint marketing efforts, which will ease its financial burden. In December last year, Pertam... Read more
The Jakarta Post - Read 0 times
August 18 2017
AirAsia Indonesia to connect Bali with Kolkata, India, beginning in October
PT AirAsia Indonesia, the local affiliate of Southeast Asia's largest low-cost airline AirAsia, will begin operating a new route connecting Bali with Kolkata, India, via Kuala Lumpur, Malaysia, on Oc... Read more
The Jakarta Globe - Read 0 times
August 18 2017
Tokopedia gets $1.1b injection from Alibaba, denies takeover rumors
Tokopedia, one of Indonesia's largest e-commerce platforms, secured on Thursday (17/08) $1.1 billion in investment from a consortium led by China's e-commerce giant Alibaba — which has now become a ... Read more
The Jakarta Globe - Read 0 times
August 18 2017
Pertamina must cut expenses by 20 percent to meet profit target
PT Pertamina needs to cut expenses by 20 percent in the second half if they want to meet this year`s net profit target. The company's work plan pegged a net profit target of US$2.3 billion. Pertamina ... Read more
Tempo - Read 0 times
August 18 2017
Pertamina eyes two oil fields in Iran
PT Pertamina CEO Elia Massa Manik is confident that the company can expand to and explore two oil fields in Iran. The oil fields are Mansouri and Ab Teymoura. Massa said that Pertamina will focus on o... Read more
Tempo - Read 0 times
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