Indonesia's state energy firm, Pertamina, along with U.S. oil majors Exxon Mobil and Chevron Corp, is progressing in their discussions to invest in carbon capture facilities while Exxon is considering a petrochemical project in the country.
(Photo: Pertamina)
Pertamina and Exxon agreed to conduct further evaluations for $2 billion in investments in carbon capture and storage (CCS) facilitie, using two underground basins in the Java Sea, according to Pertamina’s statement on Nov. 14.
