Indonesia seeks Chevron, Conoco proposals amid energy investment drive

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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