1. Homepage
  2. General
Latest news

Oil firm BP looking at geothermal investment in Indonesia

Reported earlier this week in unconfirmed news, British Petroleum (BP) is said to be taking part in geothermal development in Indonesia.

The country’s president has announced that “BP is in talks to agree to participate in the development of geothermal energy [projects] in Indonesia”.

There are not further details available to what extend BP is interested in entering the geothermal space, but it for sure would be good news for an industry short on cash.

Source: Live Trading News