Wednesday, 15 June 2011

Chevron Bets on Volcanoes in Indonesia

Chevron Corp. (CVX) drilled 84 wells to a depth of two miles beneath the Indonesian rainforest to tap steam, not oil and gas, that’s trapped in the world’s richest store of volcanic energy. The oil driller’s geothermal plant, set among wild orchids and bamboo trees, uses 315 degree Celsius ...


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