#Pertamina

Indonesia Business Post

Nine more suspects named in Pertamina oil trade scandal, including Riza Chalid

The Attorney General’s Office (AGO) has named nine new suspects in the widening corruption investigation into the mismanagement of crude oil and refined product trading at State energy giant PT Pertamina and affiliated contractors between 2018 and 2023.

Indonesia Business Post

PIS monitors geopolitical risks, eyes maritime revitalization with PT PAL

The shipping arm of state-owned oil and gas giant, Pertamina International Shipping (PIS), is closely monitoring developments in critical maritime routes while preparing contingency strategies to ensure continued energy security.

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Pertamina reroutes oil tankers amid escalating Iran-Israel conflict

State energy company PT Pertamina has rerouted its crude oil shipments from the Middle East to Indonesia as tensions between Iran and Israel escalate, raising the prospect of a full closure of the strategic Strait of Hormuz.

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Government to put illegal oil & gas operations under Pertamina supervision

The Indonesian government has decided to put illegal oil and gas operations under the supervision of State energy company PT Pertamina.

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PGN prepares natural gas supply for Jatengland Industrial Area

PT Perusahaan Gas Negara (PGN) is exploring the provision of natural gas supply and infrastructure for the Jatengland Industrial Area in Central Java as part of its commitment to expanding the utilization of natural gas to support national industrial growth.

Medco-natuna

Pertamina launches oil & gas exploration in Natuna to strengthen energy security

Pertamina East Natuna, a subsidiary of Pertamina’s upstream oil and gas division, has commenced exploration in the North Natuna Sea as part of efforts to increase Indonesia’s domestic hydrocarbon reserves. 

Sanitiar Burhanuddin

Pertamina's current Pertamax fuel meets standards: Attorney General

Attorney General Sanitiar Burhanuddin has emphasized that Pertamina's products in circulation meet specifications, a stark contrast to the findings by current corruption investigation into an alleged mismanagement of crude oil and refinery products at the State energy company, its subholdings and contractors during the 2018-2023 period.

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CEO: Pertamina ready for fuel quality testing, domestic oil processing

CEO of PT Pertamina has reaffirmed the State energy company’s commitment to ensuring fuel quality and transparency in testing processes, signalling readiness for third-party investigation to regain public trust after a recent finding by the Attorney General’s Office (AGO) of a corruption scandal involving top management within the Pertamina Group.

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Pertamina CEO apologizes for corruption case in fuel oil procurement

CEO of State energy company PT Pertamina, Simon Aloysius Mantiri, has issued an apology to the Indonesian public following allegations of corruption in the company’s crude oil and fuel procurement in the period of 2018 to 2023, which is currently being investigated by the Attorney General’s Office (AGO).

Yusri-Usman

Expert reminds that “fuel oil blending” be held at refineries, not at depots

An energy expert has reminded that blending of fuel oil that would be sold to the public must be held at oil refineries and not at marketing depots in order to meet safety and quality standards.

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Govt asked to impose strict punishment, major cleanup within Pertamina

An economist with Gadjah Mada University, Fahmi Radhi, asks the government to impose strict punishment and conduct a major cleanup within PT Pertamina to prevent future misconduct after the latest corruption scandal in the State energy company, resulting in State losses of approximately US$12.5 billion (Rp193.7 trillion). 

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Top officials, business partners named suspects in Pertamina graft scandal

The Attorney General's Office (AGO) has named seven individuals − four are top officials within PT Pertamina Group and the other three are business partners − as suspects in a corruption case related to mismanagement of crude oil and refinery products at the State energy company, its subholdings and contractors during the 2018-2023 period.

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