Pertamina
Pertamina Pertamina is an Indonesian state-owned oil and natural gas corporation based in Jakarta. It was created in August 1968 by the merger of Pertamin (established 1961) and Permina (established 1957). The firm is currently (2013) the second-largest crude oil producer in Indonesia behind the US-based Chevron Pacific Indonesia. In 2013 for the 1st time, Pertamina got rank 122 with revenue of $70.9 billion in the Fortune Global 500, Pertamina is also the solely Indonesian company sat in the list. In 1957, Dutch assets in petroleum were nationalized, from which Permina was founded as a state-owned oil monopoly, headed by Lieutenant-General Ibnu Sutowo. Ibnu Sutowo's position as the 2nd deputy of Abdul Haris Nasution was the beginning of the army's involvement in the oil industry. Permina distributed oil for the entire archipelago. Permina founded the Apprentice Technical School in Brandan to train and produce experts in the field. To meet this goal Permina established the...