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U.S. Energy Giants Set to Sign $34 Billion Worth of Deals With Indonesia

Summary by Oil Price
U.S. supermajors ExxonMobil and Chevron, Indonesia’s state energy firm Pertamina, and other companies from the two countries are expected to sign later on Monday a memorandum of understanding for commodity purchases by Indonesia for a massive $34 billion, an Indonesian official told Reuters. Apart from energy deals and investments, the memorandum will include Indonesian pledges to buy U.S. soybeans, corn, and cotton, Pujo Setio, a senior officia…

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On Monday, July 7, Indonesian state-owned companies and US companies are expected to sign a memorandum of understanding worth $34 billion.

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  • 50% of the sources are Center, 50% of the sources lean Right
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Oil Price broke the news in London, United Kingdom on Monday, July 7, 2025.
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