Crisis Management for a Conflict with North Korea

This is the best North Korea conflict crisis support available today. Predict, plan, build, prepare, train, and test in the right way.

Learn more about our NK Crisis Toolkit here

Pertamina Targets Merger of Three Subsidiaries by January 2026

The Jakarta Globe | English | News | Nov. 13, 2025 | UndeterminedMergers & Acquisitions

Pertamina, Indonesia’s state-owned energy company, plans to merge three of its main subsidiaries—fuel trading unit Pertamina Patra Niaga, refinery arm Kilang Pertamina Internasional (KPI), and maritime transport unit Pertamina International Shipping (PIS)—by January 1, 2026. The merger aims to consolidate downstream operations, which cover fuel trading, refining, and logistics, into a unified commercial and logistics platform to enhance operational efficiency, reduce costs, and improve competitiveness amid global energy market pressures.

The merger process is in its final stage and will soon be submitted to the sovereign wealth fund manager Danantara for approval. The consolidation aligns with Danantara’s strategic direction and was previously outlined during a hearing with the House of Representatives in September. Pertamina faces market challenges such as lower oil demand, rising refinery supply, and shrinking margins, which are driving the restructuring and efforts to optimize business processes across all units.

While maintaining its core focus on oil and gas, Pertamina is also accelerating investments in new and renewable energy sources, including solar and hydrogen projects, as part of its long-term transition toward becoming a global-class energy company. The merger and broader operational improvements are intended to strengthen Pertamina’s market position and protect its corporate reputation.

New Developments

South Korea Firms | Nov. 13, 2025

AI Sector Volatility and Regulatory Shifts Reshape Global Markets and Corporate Strategy

Technology & Innovation | Nov. 13, 2025

AI Innovation Accelerates Across South Korea’s Tech Sector

Japan Governance & Law | Nov. 13, 2025

LDP Launches Reform Headquarters to Advance Diet Seat Reduction and Organizational Overhaul

Governance & Law | Nov. 13, 2025

Record Bear Attacks Spur Major Government Action Across Japan

China Technology & Innovation | Nov. 13, 2025

China Advances AI Innovation and Governance with Policy, Safety Frameworks, and Industry Impact

Technology & Innovation | Nov. 13, 2025

Wuhan Launches China’s First Full-Service Humanoid Robot Store Amid Rapid Industry Expansion

Taiwan Firms | Nov. 13, 2025

AI-Driven Supply Shortfall Sparks Memory Chip Sector Surge

Firms | Nov. 13, 2025

TSMC Sets Record Dividend Amid Surging AI Chip Demand and Strong Financial Growth

India Non-Interstate Conflict & Security | Nov. 13, 2025

Faridabad Medical University Terror Network Exposed in Deadly Delhi Blast Probe

Geopolitics & Defense | Nov. 13, 2025

US-India Trade Deal Talks Intensify Amid Disputes Over Tariffs, Agriculture, and Russian Oil

Vietnam Firms | Nov. 13, 2025

Diverging Fortunes Reshape Vietnam’s Real Estate Sector in 2025

Firms | Nov. 13, 2025

Vietnam’s Shift to Premium Branded Rice Exports Gains Global Recognition