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Released February 12, 2021 | MANILA, PHILIPPINES
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Indonesia's state-owned oil and gas company, PT Pertamina (Persero) is hopeful that it will see an improvement in this year's performance amid a challenging business climate.

The company reported a $1 billion profit as of December 2020, according to news media accounts. PT Pertamina had reported a $786 million loss in the first semester of last year.

Industrial Info is tracking more than 1,200 active capital projects by PT Pertamina, worth more than $65 billion. Click here for a list and see graph below showing the investment by industry.

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