Indonesia seeks Chevron, Conoco proposals amid energy investment drive

The sun sets behind the ConocoPhillips Co. refinery in Richmond, California, U.S., on Monday, Oct. 24, 2011. Photographer: David Paul Morris/Bloomberg

Indonesia wants Chevron Corp. and ConocoPhillips to submit proposals to renew their licenses to operate oil and gas fields as the former OPEC member seeks to reverse a decline in energy investments.

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