ENERGY TRANSITION

ExxonMobil agrees to develop $15B Indonesian CCS project

Signs MoU with Indonesia’s Coordinating Ministry for the Economy for major investment

Colin Sandell-Hay

ExxonMobil set to make major investment in an Indonesian CCS project.

ExxonMobil set to make major investment in an Indonesian CCS project. | Credits: ENB

Global energy giant ExxonMobil has signed a memorandum of understanding (MoU) and committed to invest up to $15 billion on carbon capture and storage (CCS) and petrochemical projects in Indonesia. Indonesia's...

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