Pertamina Sacks Oil Trading CEO

Indonesia's state-owned oil giant Pertamina dismissed the chief executive of its oil trading arm, Petral, as part of an overhaul of the firm, a company official said on Tuesday.

"The CEO and management of Petral have been changed," Ahmad Bambang, Pertamina's director of marketing, told reporters.

He said a replacement for Bambang Irianto has already been chosen, but did not provide the name of Petral's new CEO.

Since taking office last October, President Joko Widodo has imposed major changes to the energy sector, including the dismissal of Pertamina's board and a probe into Petral to weed out what he calls the country's "oil mafia".

Reporting by Wilda Asmarini