Indonesian and Malaysian state oil groups ally beyond region

Pertamina and Petronas sign broad cooperation agreement

20190227 Pertamina oil barrels

A Pertamina worker prepares to label barrels of lubricant oil at a production facility in Cilacap, Indonesia. © Reuters

SHOTARO TANI, Nikkei staff writer

JAKARTA -- Indonesian state-owned oil and gas group Pertamina will increase cooperation with Malaysian counterpart Petroliam Nasional, or Petronas, in an agreement signed on Tuesday that ranges from exploration to renewable power.

Sponsored Content

About Sponsored ContentThis content was commissioned by Nikkei's Global Business Bureau.