Chevron and Exxonmobil to explore lower carbon opportunities in Indonesia

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U.S. energy company Chevron Corporation and Indonesia's state energy company PT Pertamina (PERTM.UL) have signed a deal to explore lower carbon business opportunities in Indonesia, the companies said in a statement late on Thursday.

have signed separate agreements with state energy company PT Pertamina to explore lower carbon business opportunities in Indonesia, the companies said.

The companies would also be looking into lower carbon hydrogen development, production, storage, and transport, the statement said.ExxonMobil and Pertamina signed a joint study agreement to assess the potential for large-scale implementation of lower emissions technologies, including carbon capture and storage and hydrogen production, the U.S. company said in a statement.

"Through our potential work in Indonesia, and the entire Asia Pacific region, we hope to provide affordable, reliable, ever-cleaner energy, and help the industries and customers who use our products advance their lower carbon goals," Jeff Gustavson, President of Chevron New Energies, said.

 

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