Exxonmobil exploring carbon capture storage in Indonesia


JAKARTA (Reuters) - Indonesian state-owned oil and gas company PT Pertamina and American energy giant Exxon Mobil Corp signed an agreement on Tuesday to look at ways to use carbon capture storage (CCS) in the Southeast Asian country.

A memorandum of understanding (MoU) was signed during the two-week COP26 summit in the Scottish city of Glasgow.

Get 30% off with our ads free Premium Plan!

Monthly Plan

RM13.90/month
RM9.73 only

Billed as RM9.73 for the 1st month then RM13.90 thereafters.

Annual Plan

RM12.33/month
RM8.63/month

Billed as RM103.60 for the 1st year then RM148 thereafters.

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Exxon Mobil , carbon capture , Pertamina

   

Next In Business News

Oil rises as US inventory decline heightens supply concerns
Rebound on Bursa Malaysia fizzles as foreign selling continues
Bursa Malaysia approves Bintai Kinden regularisation plan
CBH Engineering's shares climb 17.85% on ACE Market debut
Ringgit opens slightly higher against US$ as risk-on mode emerges
Bursa Malaysia snaps three-day rout as US inflation dips below estimates
Trading ideas: MAHB, Gamuda, Southern Score, SC Estate Builder, KJTS, Sunview, Colform, Poh Kong, VS Industry, AZRB, Rexit
Gamuda signs major �500mil loan facility for London office redevelopment
Oil rises on US crude draw, Russia sanctions
Wall St surges as inflation data, bank earnings fuel rally

Others Also Read