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Pertamina
PT Pertamina (Persero) is an Indonesian state-owned oil and natural gas corporation, headquartered in Jakarta. It was created in August 1968 by the merger of ''Pertamin'' (established 1961) and ''Permina'' (established in 1957). In 2020, the firm was the third-largest crude oil producer in Indonesia behind US-based companies ExxonMobil's Mobil Cepu Ltd. and Chevron Pacific Indonesia. According to the 2020 '' Fortune Global 500'' list, Pertamina is the largest company in Indonesia. History Nationalization In 1957, Royal Dutch/Shell's assets in Indonesia (trading as Bataafse Petroleum Maatschappij) were nationalised, from which Permina was founded as a state-owned oil monopoly, headed by Lieutenant-General Ibnu Sutowo. Sutowo's position as the second deputy of Abdul Haris Nasution was the beginning of the armed forces' involvement in the oil industry. Permina distributed oil for the entire archipelago. Permina founded the Apprentice Technical School (''Sekolah Kader Tekni ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] [Amazon] |
Pertamina Filling Station, Bali, Indonesia
PT Pertamina (Persero) is an Indonesian state-owned oil and natural gas corporation, headquartered in Jakarta. It was created in August 1968 by the merger of ''Pertamin'' (established 1961) and ''Permina'' (established in 1957). In 2020, the firm was the third-largest crude oil producer in Indonesia behind US-based companies ExxonMobil's Mobil Cepu Ltd. and Chevron Pacific Indonesia. According to the 2020 ''Fortune Global 500'' list, Pertamina is the largest company in Indonesia. History Nationalization In 1957, Royal Dutch/Shell's assets in Indonesia (trading as Bataafse Petroleum Maatschappij) were nationalised, from which Permina was founded as a state-owned oil monopoly, headed by Lieutenant-General Ibnu Sutowo. Sutowo's position as the second deputy of Abdul Haris Nasution was the beginning of the armed forces' involvement in the oil industry. Permina distributed oil for the entire archipelago. Permina founded the Apprentice Technical School (''Sekolah Kader Teknik'') in ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] [Amazon] |
Ibnu Sutowo
Ibnu Sutowo (23 September 1914 – 12 January 2001) was an Indonesian army officer, Cabinet Minister and former head of the Indonesian oil and gas producer Pertamina. Early life Ibnu was born near the Yogyakarta Sultan's palace on 23 September 1914. His father had been a regency head near the city of Semarang in Central Java. His privileged background at the time of the colonial Dutch East Indies allowed him to attend a superior Dutch school and then medical school in Surabaya.McDonald (1980), p. 144. Education and early career Upon graduation, Ibnu was assigned to a colony of Javanese transmigrants in Belitung in South Sumatra. During the Japanese occupation in World War II, Ibnu, like many indigenous Indonesians filling in for imprisoned Europeans, assumed many local administrative powers. By the time of Japan's surrender, he was a leader in irregular forces backing the Indonesian Republic in its fight for independence. On 12 September 1943, he married Zaleha, the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] [Amazon] |
Bataafse Petroleum Maatschappij
Bataafse Petroleum Maatschappij or Bataafsche Petroleum Maatschappij (, colloquially known as BPM) was the Dutch East Indies and later Indonesian subsidiary of Royal Dutch Shell oil company established in 1907. History The BPM was established in 1907. It was Shell's main oil producing entity in Indonesia (at that time, Dutch East Indies) and dominated the Indonesian oil industry during the colonial era, making it one of the largest companies in the colonial economy. The main oil well of BPM was Pangkalan Brandan (North Sumatra), which is considered as the origin of the Royal Dutch Shell. More than 95% of Indonesia's crude oil was commercially produced by BPM in the 1920s. The dual-listed nature of the Royal Dutch Shell meant that BPM was 60 percent owned by the Royal Dutch Petroleum Company, and 40% by the Shell Transport and Trading Company; it acted as a Dutch holding company for the merged Royal Dutch Shell Group along with its UK analogue the ''Anglo-Saxon Petroleum Comp ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] [Amazon] |
Jakarta
Jakarta (; , Betawi language, Betawi: ''Jakartè''), officially the Special Capital Region of Jakarta (; ''DKI Jakarta'') and formerly known as Batavia, Dutch East Indies, Batavia until 1949, is the capital and largest city of Indonesia and an autonomous region at the provincial level. Lying on the northwest coast of Java, the world's List of islands by population, most populous island, Jakarta is the List of cities in ASEAN by population, largest metropole in Southeast Asia and serves as the diplomatic capital of ASEAN. The Special Region has a status equivalent to that of a Provinces of Indonesia, province and is bordered by two other provinces: West Java to the south and east; and Banten to the west. Its coastline faces the Java Sea to the north, and it shares a maritime border with Lampung to the west. Jakarta metropolitan area, Jakarta's metropolitan area is List of ASEAN country subdivisions by GDP, ASEAN's second largest economy after Singapore. In 2023, the city's Gros ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] [Amazon] |
List Of Largest Companies In Indonesia
This article lists the largest companies in Indonesia in terms of their revenue, net profit and total assets, according to the American business magazines ''Fortune'' and ''Forbes''. 2024 ''Fortune'' list This list displays the top 20 Indonesian companies in the ''Fortune Southeast Asia 500'', which ranks the largest companies in Southeast Asia by annual revenue. The figures below are given in millions of US dollars and reflect the fiscal year 2023. Also listed are the headquarters location, net profit, number of employees worldwide and industry sector of each company. 2024 ''Forbes'' list This table reflects the Forbes Global 2000 list, which ranks the world's 2,000 largest publicly traded companies. "The Global 2000" list is assembled based on factors including revenue, net profit, total assets and market value; each element is assigned a weighted rank in terms of importance when assessing the overall ranking. The table below also lists the headquarters location and industr ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] [Amazon] |
ExxonMobil
Exxon Mobil Corporation ( ) is an American multinational List of oil exploration and production companies, oil and gas corporation headquartered in Spring, Texas, a suburb of Houston. Founded as the Successors of Standard Oil, largest direct successor of John D. Rockefeller's Standard Oil, the modern company was formed in 1999 following the merger of Exxon and Mobil. It is Vertical integration, vertically integrated across the entire oil and gas industry, as well as within its chemicals division, which produces plastic, synthetic rubber, and other chemical products. As the largest U.S.-based oil and gas company, ExxonMobil is the List of largest companies in the United States by revenue, seventh-largest company by revenue in the U.S. and List of largest companies by revenue, 13th-largest in the world. It is the largest investor-owned oil company in the world. Approximately 55.56% of the company's shares are held by institutions, the largest of which as of 2019 were The Vanguard ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] [Amazon] |
Danantara
Daya Anagata Nusantara Investment Management Agency (), commonly known as Danantara Indonesia or simply Danantara, is the second sovereign wealth fund of Indonesia, after the Indonesia Investment Authority, Indonesian Investment Authority. The agency is led by a chairman, currently Rosan Roeslani. The agency is the fusion of certain functions between the Indonesia Investment Authority and the country's Ministry of State-Owned Enterprises. Etymology ''wikt:daya#Indonesian, Daya'' is an Indonesian language, Indonesian word meaning "strength", "ability", or "effort", with origin traced from Sanskrit and Old Javanese. ''Anagata'' was taken either from Sanskrit or Pali, ''wikt:anāgata#Pali, anāgata'', meaning "not yet to come" or "future". ''Nusantara (term), Nusantara'' is the Indonesian name for the region spanning the Indonesian archipelago. The word ''wikt:nūsa#Old Javanese, nūsa'' meaning "island" in Old Javanese was derived from the Proto-Malayo-Polynesian language, Proto-M ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] [Amazon] |
Oil Refinery
An oil refinery or petroleum refinery is an industrial processes, industrial process Factory, plant where petroleum (crude oil) is transformed and refining, refined into products such as gasoline (petrol), diesel fuel, Bitumen, asphalt base, fuel oils, heating oil, kerosene, liquefied petroleum gas and petroleum naphtha. Petrochemical feedstock like ethylene and propene, propylene can also be produced directly by Cracking (chemistry), cracking crude oil without the need of using refined products of crude oil such as naphtha. The crude oil feedstock has typically been processed by an oil production plant. There is usually an oil depot at or near an oil refinery for the storage of incoming crude oil feedstock as well as bulk liquid products. In 2020, the total capacity of global refineries for crude oil was about 101.2 million barrels per day. Oil refineries are typically large, sprawling industrial complexes with extensive piping running throughout, carrying streams of fluids b ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] [Amazon] |
Caltex
Caltex is a petroleum brand name of Chevron Corporation used in the Asia-Pacific region, the Middle East, and Southern Africa. Headquartered in Singapore, it is also the brand name of non-Chevron petroleum companies in some countries (such as New Zealand, and previously Australia and South Africa) under a trademark licensing agreement with Chevron. Caltex was also the name of the joint venture between Chevron and Texaco which used the Caltex brand name in its operations, until both parent companies merged in 2001 to form ChevronTexaco (later renamed simply to Chevron in 2005). The joint venture was created on 30 June 1936 as California Texas Oil Company Limited, a wholly owned subsidiary of the Bahrain Petroleum Company and was a holding company owning the shares of 5 Texaco marketing subsidiaries: ''The Texas Company (Australasia, China, India, Philippine Islands, South Africa) Ltd.''. In exchange Texaco was awarded a 50% stake in BAPCo. This was followed by Texaco gaining a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] [Amazon] |
Standard Vacuum Oil Company
The Standard Vacuum Oil Company was an American joint venture by Standard Oil of New Jersey and Socony-Vacuum Oil (aka Mobil) established in 1931 to make and market products in the Far East.Drucker, Peters F. Management, p. 724. Around World War I, the market in the Far East was too large to leave unattended, but still small. Thus these two American oil companies started Standard Vacuum Oil as a joint venture. The two partners would eventually merge into ExxonMobil in 1999. History Following the break-up of Standard Oil in 1911, the "Standard Oil Company of New York" (also known for its acronym "Socony") was founded, along with 33 other successor companies. In 1920, the company registered the name "Mobiloil" as a trademark. Henry Clay Folger was head of the company until 1923, when he was succeeded by Herbert L. Pratt. Beginning February 29, 1928 on NBC, Socony Oil reached radio listeners with a comedy program, '' Soconyland Sketches'', scripted by William Ford Manley and fe ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] [Amazon] |
Oil Terminal
An oil terminal (also called a tank farm, tankfarm, oil installation or oil depot) is an industrial facility for the storage of oil, petroleum and petrochemical products, and from which these Petroleum product, products are transported to end users or other storage facilities. An oil terminal typically has a variety of above or below ground tankage; facilities for inter-tank transfer; pumping facilities; loading gantries for filling Tank truck, road tankers or barges; ship loading/unloading equipment at marine terminals; and pipeline transport, pipeline connections. History Originally, open pits and cubic reservoirs were used for industrial oil storage. The structure was pioneered by Russian engineer Vladimir Shukhov during his work for Branobel oil company. He published an article "Mechanical structures in oil industry" ("") in 1883, mathematically proving that cylindrical shape would require the least amount of steel, modelling structural stresses specific to oil storage ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] [Amazon] |
