ExxonMobil's Decades-Long Journey in Indonesia: From Selling Lubricants and Kerosene to Energy Giant
ExxonMobil made its entry into Indonesia in 1898 through Socony, setting up a marketing office in Java and distributing grease oil and kerosene from Singapore.
(Bisnis.Com) 01/01/70 07:00 4202
Bisnis.com, JAKARTA — ExxonMobil Corporation claims to have contributed to Indonesia’s energy supply for over 125 years, with investments totaling $23 billion, or approximately IDR 380.51 trillion (exchange rate of IDR 16,544 per $).
ExxonMobil Indonesia Senior Vice President Muhammad Nurdin shared that this investment has been directed across the company’s operations in Indonesia, particularly within the upstream oil and gas sector.
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