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cilacap-refinery

Fire at Pertamina’s Cilacap refinery may deter investment: Experts
Companies 4 years ago

PREMIUM
Fire at Pertamina’s Cilacap refinery may deter investment: Experts

The fire on Saturday was the second incident at the Cilacap refinery this year, showing a pattern that might affect investors’ confidence levels.
‘No shutdown’ at Cilacap refinery after blaze: Pertamina
Society 4 years ago

‘No shutdown’ at Cilacap refinery after blaze: Pertamina

“We will investigate the incident further. It is vital that we learn from it,” said Pertamina president director Nicke Widyawati.
New Cilacap refinery to produce 60 percent more RON92 gasoline
Business 6 years ago

PREMIUM
New Cilacap refinery to produce 60 percent more RON92 gasoline

Pertamina president director Nicke Widyawati said that with the project, the Cilacap refinery had become Pertamina's second refinery that could produce Euro 4 standard fuel.
Pertamina, Aramco still working toward Cilacap valuation
Business 6 years ago

PREMIUM
Pertamina, Aramco still working toward Cilacap valuation

This is not the first valuation of the Cilacap refinery in this negotiation as in February, Pertamina stated that the EV of the refinery was US$5.66 billion, whilst Aramco’s figure was $2.8 billion.
Pertamina, Aramco seek independent consultant for refinery project
Business 6 years ago

Pertamina, Aramco seek independent consultant for refinery project

State-owned energy holding company Pertamina and Saudi Aramco are looking for an independent consultant to determine the valuation of a refinery revitalization project in Cilacap, Central Java.
Pertamina, Aramco not on same page regarding Cilacap refinery upgrade
Business 6 years ago

Pertamina, Aramco not on same page regarding Cilacap refinery upgrade

The planned revitalization of Pertamina’s refinery facilities in Cilacap, Central Java is still full of uncertainty as the state energy holding company has not settled a partnership deal with Saudi Arabian oil giant Saudi Aramco.
Aramco, Rosneft agree to conduct joint marketing with Pertamina
Business 8 years ago

Aramco, Rosneft agree to conduct joint marketing with Pertamina

State-owned energy giant 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.
Licensors for Cilacap, Tuban refineries to be selected in 1st half
Business 9 years ago

Licensors for Cilacap, Tuban refineries to be selected in 1st half

State-owned energy firm Pertamina has started the licensor selection process for the development of the Cilacap refinery upgrade in Central Java and the new Tuban refinery in East Java, a company executive has said.
Pertamina to build new apartments to make space for refinery upgrade
Business 9 years ago

Pertamina to build new apartments to make space for refinery upgrade

State-owned oil and gas company Pertamina plans to clear out existing employee housing near a refinery in Balikpapan, East Kalimantan, to make way for upgrades. 
Pertamina, Saudi Aramco kick off Cilacap refinery upgrade
Business 9 years ago

Pertamina, Saudi Aramco kick off Cilacap refinery upgrade

State-owned oil company Pertamina has signed a memorandum of understanding (MoU) with Saudi Aramco to upgrade the capacity of the Cilacap refinery. The project is expected to be completed within six years.
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