ENERGY TRANSITION

Chevron to spend on CCS for old Bight make good 

CHEVRON Australia has committed A$38 million to carbon capture and storage study in Australia with money going to an established project in Victoria and offshore CCS study in the Carnarvon Basin close to its existing Gorgon CCS plant. 

Chevron's Gorgon

Chevron's Gorgon

  The cash a make-good it agreed with Canberra at the very end of 2019. Years before that the company pulled out of two permits in the Great Australian Bight offshore South Australia, and it later committed...

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