Companies from Indonesia and the U.S. are expected to sign a memorandum of understanding, MOU, valued at $34B, Reuters reports. The companies involved in this agreement include Pertamina, Exxon Mobil (XOM), and Chevron (CVX), Reuters adds, citing comments made by a government official.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on XOM:
- Moderately bullish activity in Exxon Mobil with shares up 1.05%
- Exxon Mobil price target raised to $131 from $125 at Piper Sandler
- Mixed options sentiment in Exxon Mobil with shares up 1.29%
- Morning News Wrap-Up: Tuesday’s Biggest Stock Market Stories!
- U.S. Supreme Court Rules Against ExxonMobil (XOM) in Air Pollution Case