BP, ExxonMobil bullish on carbon capture projects in Indonesia

Jakarta to issue new regulation to boost technology adoption

20230920 Pertamina

BP and Indonesian state-owned oil and gas company Pertamina sign a new joint study on carbon capture on Sept 20 in Bali, Indonesia, including its potential application in blue ammonia production. (Photo by Erwida Maulia)

ERWIDA MAULIA, Nikkei staff writer

BALI, Indonesia -- BP and ExxonMobil executives on Wednesday expressed optimism about the oil companies' carbon capture projects in Indonesia, saying they offered a solution to the global need to balance energy security and emissions reduction.

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