Indonesian power giant Pertamina has completed its acquisition of a 20-percent stake in tycoon Edgar Saavedra’s Citicore Renewable Energy Corp. (CREC) for $120 million.

Indonesia’s Pertamina New & Renewable Energy (Pertamina NRE) has acquired a 20% stake in Philippine solar developer Citicore Renewable Energy Corp. (CREC) for $120 million, with both companies ...

Indonesian power giant PT Pertamina is interested in exploring and investing in the untapped geothermal potential of the Philippines, according to a top executive.

Indonesian investigators have invited Singapore-based oil traders to meet in the city-state next week as part of a $12 billion corruption probe into state-owned oil firm PT Pertamina.

At the end of February, the Indonesian Attorney General’s Office arrested and announced charges against five executives who work at subsidiaries of the state-owned oil and gas giant Pertamina. A ...

Nine suspects linked to the Pertamina case have been arrested, potentially undermining Prabowo’s efforts to combat corruption.

Indonesia's Attorney General's Office late on Monday arrested three executives at units of national energy company Pertamina over alleged corruption relating to oil imports that cost the state $12 ...

2023 was a pretty good year for Indonesia’s state-owned oil and gas giant Pertamina. The firm posted a net profit of $4.8 billion and paid its sole shareholder – the government of Indonesia ...

Italian energy giant Eni is teaming up with Indonesia’s state-owned oil company Pertamina to explore the potential explore the potential of oil and gas exploration and production projects in ...

Pertamina has been under pressure to modernise and relocate from its Plumpang fuel terminal, one of Indonesia's oldest fuel storage facilities, after the March fire, which killed at least 33 ...

PT Pertamina has turned to unconventional drilling technology as it looks to hit its production target.

Plumpang, North Jakarta on March 4, 2023, after a fire at a nearby fuel storage depot run by state energy firm Pertamina. - AFP ...