PT Pertamina (Persero), PT Pertamina Power Indonesia, PT Perusahaan Gas Negara Tbk (PGN), PT Saka Energi Indonesia
| Coal Industry Sector: | Services |
Thermal Coal Expansion:
|
Infrastructure |
Listed on the Global Coal Exit List 2025
| Oil and Gas Production in 2024: | 298.79 mmboe |
| Upstream Expansion:
The upstream expansion figure shows how much oil and gas resources a company is extremely likely to add to its production portfolio in the short term (approx. 1-7 years).
|
1249.45 mmboe |
| Midstream Expansion:
“Pipeline” means a company is developing ≥100km of oil or gas pipelines. “LNG” means a company is developing LNG terminals with ≥1Mt of annual gas liquefaction capacity.
|
Pipeline, LNG |
| Power Expansion:
“Gas-fired” for all companies developing ≥ 100 MW of gas-fired power capacity and “Oil-fired” for all companies developing ≥ 100 MW of oil-fired power capacity.
|
Gas-fired |
Listed on the Global Oil & Gas Exit List 2025
161 results Total investment of current selection: $ 2,132 M
| # | Name | Name | Name | Type | HQ | Country of HQ | Country of HQ | Sectors | subsidiaries | Shares $M | Bonds $M | Total $M | ||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | PT Pertamina (Persero) | BlackRock | investment | USA | Indonesia | North America | South-East Asia | $ 63 M | $ 238 M | $ 301 M | ||||||
| 2 | PT Pertamina (Persero) | JPMorgan Chase | investment | USA | Indonesia | North America | South-East Asia | $ <1 M | $ 121 M | $ 122 M | ||||||
| 3 | PT Pertamina (Persero) | HSBC | investment | United Kingdom | Indonesia | Europe (non EU) | South-East Asia | $ <1 M | $ 106 M | $ 106 M | ||||||
| 4 | PT Pertamina (Persero) | TIAA | investment | USA | Indonesia | North America | South-East Asia | $ 33 M | $ 71 M | $ 104 M | ||||||
| 5 | PT Pertamina (Persero) | Allianz (incl. AGI, PIMCO, Allianz SE) | investment | Germany | Indonesia | Europe (EU) | South-East Asia | $ 5 M | $ 94 M | $ 99 M | ||||||
| 6 | PT Pertamina (Persero) | Crédit Agricole (incl. Amundi) | investment | France | Indonesia | Europe (EU) | South-East Asia | $ <1 M | $ 97 M | $ 97 M | ||||||
| 7 | PT Pertamina (Persero) | Vanguard | investment | USA | Indonesia | North America | South-East Asia | $ 54 M | $ 25 M | $ 79 M | ||||||
| 8 | PT Pertamina (Persero) | Fuh Hwa Securities Investment Trust | investment | Taiwan | Indonesia | East Asia | South-East Asia | $ 70 M | $ 70 M | |||||||
| 9 | PT Pertamina (Persero) | Government Pension Fund Global (GPFG) | investment | Norway | Indonesia | Pension Fund | Europe (non EU) | South-East Asia | $ 1 M | $ 64 M | $ 65 M | |||||
| 10 | PT Pertamina (Persero) | M&G | investment | United Kingdom | Indonesia | Europe (non EU) | South-East Asia | $ 60 M | $ 60 M | |||||||
| 11 | PT Pertamina (Persero) | UBS | investment | Switzerland | Indonesia | Europe (non EU) | South-East Asia | $ <1 M | $ 58 M | $ 58 M | ||||||
| 12 | PT Pertamina (Persero) | Intesa Sanpaolo | investment | Indonesia | South-East Asia | $ 46 M | $ 46 M | |||||||||
| 13 | PT Pertamina (Persero) | Cathay Financial | investment | Taiwan | Indonesia | East Asia | South-East Asia | $ 40 M | $ 40 M | |||||||
| 14 | PT Pertamina (Persero) | Goldman Sachs | investment | USA | Indonesia | North America | South-East Asia | $ 40 M | $ 40 M | |||||||
| 15 | PT Pertamina (Persero) | Prudential Plc | investment | United Kingdom | Indonesia | Europe (non EU) | South-East Asia | $ 2 M | $ 36 M | $ 38 M | ||||||
| 16 | PT Pertamina (Persero) | Manulife Financial | investment | Canada | Indonesia | North America | South-East Asia | $ 2 M | $ 34 M | $ 36 M | ||||||
| 17 | PT Pertamina (Persero) | Royal Bank of Canada | investment | Canada | Indonesia | North America | South-East Asia | $ 36 M | $ 36 M | |||||||
| 18 | PT Pertamina (Persero) | Aviva | investment | United Kingdom | Indonesia | Europe (non EU) | South-East Asia | $ 30 M | $ 30 M | |||||||
| 19 | PT Pertamina (Persero) | Affiliated Managers Group | investment | USA | Indonesia | North America | South-East Asia | $ 28 M | $ 28 M | |||||||
| 20 | PT Pertamina (Persero) | BNP Paribas | investment | France | Indonesia | Europe (EU) | South-East Asia | $ 25 M | $ 25 M | |||||||
| 21 | PT Pertamina (Persero) | State Street | investment | USA | Indonesia | North America | South-East Asia | $ 13 M | $ 10 M | $ 24 M | ||||||
| 22 | PT Pertamina (Persero) | Legal & General | investment | United Kingdom | Indonesia | Europe (non EU) | South-East Asia | $ 2 M | $ 20 M | $ 22 M | ||||||
| 23 | PT Pertamina (Persero) | Lombard Odier | investment | Switzerland | Indonesia | Europe (non EU) | South-East Asia | $ 22 M | $ 22 M | |||||||
| 24 | PT Pertamina (Persero) | Vontobel | investment | Switzerland | Indonesia | Europe (non EU) | South-East Asia | $ 21 M | $ 21 M | |||||||
| 25 | PT Pertamina (Persero) | Neuberger Berman | investment | USA | Indonesia | North America | South-East Asia | $ 7 M | $ 13 M | $ 19 M |