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Chevron Concludes Sale of Geothermal Operations in Indonesia

Chevron Corporation (NYSE:CVX) announced that its wholly-owned subsidiaries have completed the sale of Chevron's geothermal business in Indonesia to Star Energy Consortium.

Chevron Announces Sale of Geothermal Operations

Chevron Corporation announced that its wholly-owned subsidiaries have entered into a sales and purchase agreement with Star Energy Consortium to sell Chevron’s Indonesian and Philippines Geothermal assets.

Producing energy from geothermal plants

Chevron is the world's largest producer of geothermal energy, a renewable energy resource that captures the natural power of steam from the earth to generate electricity while producing almost no greenhouse emissions. Chevron's geothermal plants in Indonesia and the Philippines produce enough alternative energy to power millions of homes. This video describes how Chevron produces geothermal energy.

Remarks to the World Geothermal Congress

Remarks by Jim Blackwell, President of Asia Pacific Exploration and Production, to the World Geothermal Congress.

Chevron Expands Geothermal Operations in Indonesia

SAN RAMON, Calif., Aug. 13, 2007 -- Chevron Corporation (NYSE:CVX) today announced the start of commercial production at its 110-megawatt (MW) Darajat III geothermal power plant in Garut, West Java, Indonesia.