Chevron's local unit changes name

Chevron's local unit changes name

JAKARTA: U.S. energy giant Chevron Corporation has changed the
name of its Indonesian subsidiary PT Caltex Pacific Indonesia
to PT Chevron Pacific Indonesia (CPI).

The new name, in line with Chevron's policy in over 180
countries where it operates, became effective on Sept. 16, the
company said in an e-mailed statement on Wednesday.

CPI is the largest oil producer in Indonesia, producing
478,000 barrels per day at present, roughly half of the country's
total oil output, from its wells across Riau province. -- JP