close
close

Pertamina and Petronas both had good years in 2023, but for different reasons – The Diplomat


Pertamina and Petronas both had good years in 2023, but for different reasons – The Diplomat

2023 was a pretty good year for Indonesia’s state-owned oil and gas giant Pertamina. The company posted a net profit of $4.8 billion and paid over $900 million in dividends to its sole shareholder – the Indonesian government. This represents a significant improvement from 2020, the low point of the COVID-19 pandemic for the oil […]