PT Pertamina Geothermal Energy

PGE’s journey of utilizing geothermal energy to produce electricity began in 1974 with the exploration and exploitation activities by Pertamina upon the discovery of 70 geothermal points in Indonesia. In 2006, PGE was established to pass the baton of geothermal energy development and management for the purpose of producing clean energy that is both economically and environmentally friendly.

See below for the Latest PGE News, Analysis, Profit Results, Share Price Information, and Commentary. 

 

Pertamina units enter carbon trading cooperation deal

This involves 1.9 million tonnes of equivalent carbon emissions.

Pertamina units enter carbon trading cooperation deal

This involves 1.9 million tonnes of equivalent carbon emissions.

PGE net profit up 49.7% YoY to $127.3m in 2022

Price increases in sales of steam and electricity contributed to the profit growth.

PGE goes public on Indonesia Stock Exchange

It was able to raise around $593.5m in its initial public offering.

Masdar enters geothermal market 

The company invested in one of the largest geothermal players globally.