Chevron expands carbon capture and storage portfolio with new GHG permit in Australia

Chevron expands carbon capture and storage portfolio with new GHG permit in Australia

Chevron Corporation, through its subsidiary Chevron Australia New Ventures Pty Ltd, has secured a pivotal greenhouse gas (GHG) assessment permit offshore Western Australia, marking a significant expansion in its carbon capture and storage (CCS) initiatives. The permit, designated G-18-AP, spans approximately 8,467 square kilometers off the coast of Onslow, Western Australia. It will play a […]

PETRONAS teams up with ADNOC and Storegga for carbon capture project in Malaysia

PETRONAS teams up with ADNOC and Storegga for carbon capture project in Malaysia

PETRONAS, the Abu Dhabi National Oil Company (ADNOC), and Storegga have announced a significant Joint Study and Development Agreement (JSDA) to enhance carbon dioxide (CO2) emissions storage capabilities in the Penyu basin, offshore Peninsular Malaysia. This landmark agreement aims to achieve a CO2 capture and storage capacity of at least 5 million tonnes per annum […]

PETRONAS CCS Ventures partners with DNV for carbon capture and storage certification in Malaysia

PETRONAS CCS Ventures partners with DNV for carbon capture and storage certification in Malaysia

PETRONAS CCS Ventures Sdn Bhd, a wholly-owned subsidiary of PETRONAS, has entered into a strategic partnership with DNV, a global quality assurance and risk management company, by signing a Master Price Agreement for the certification of carbon dioxide (CO2) storage sites and associated facilities in Malaysia. This agreement, aimed at bolstering Carbon Capture and Storage […]