Now, the company appears ready to re-enter the Indonesian upstream sector, focusing on larger reserves and potentially more favorable project conditions. Chevron Corporation (CVX) is reportedly setting its sights on major oil and gas opportunities in Indonesia, marking a potential return to a region it exited in 2023. Indonesia's upstream regulator states that the company is eyeing blocks with estimated gas reserves of around 15 trillion cubic feet (Tcf) — a sizable target that reflects its ambitions in Sou ...