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Chevron, Exxon Discusses with Indonesian Govt on Mandatory Sell Crude Oil...

JAKARTA (TheInsiderStories) - Foreign oil producer PT Chevron Pacific Indonesia and PT ExxonMobil Indonesia would discuss with Indonesian government on the new policy requiring the mandatory...

ExxonMobil Enters Downstream Business

JAKARTA (TheInsiderStories)—ExxonMobil is entering the downstream industry by acquiring 100 percent shares of lubricant company PT Federal Karyatama and renting the fuel storages with...

ExxonMobil to Acquires Indonesian Lubricant Manufacturer

JAKARTA (TheInsiderStories) - ExxonMobil, an U.S energy company has announced its plans to acquire 100 percent interest of PT Federal Karyatama (FKT), a subsidiary of...