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Indonesia's Pertamina, Exxon moves ahead with $2 bln carbon capture evaluation
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Publish Date: Tue, 14 Nov 2023, 05:47 AM

JAKARTA, Nov 14 (Reuters) - Indonesia's state oil company Pertamina said on Tuesday it had amended an agreement on a carbon capture storage project with Exxon Mobil (XOM.N) to move ahead with their evaluation for development in the Java sea.
Pertamina said the carbon capture and storage facility it plans with Exxon has a storage potential for 3 gigatons of carbon with an investment estimated at over $2 billion.
https://www.reuters.com/markets/carbon/indonesias-pertamina-exxon-moves-ahead-with-2-bln-carbon-capture-evaluation-2023-11-14/