(EnergyAsia, August 22 2011, Monday) — After decades as one of its most profitable operations, Exxon Mobil Corp is seeking to exit from its increasingly troubled and fast-depleting Arun condensate and natural gas fields in Indonesia. The US major said it is selling its stake in three companies associated with the Aceh gas and liquefied…
INDONESIA: ExxonMobil to bail out of troubled depleting Arun gas operations
Posted on August 22, 2011 by EnergyAsia