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Chevron, Partners to Fork Out for Carbon Offsets for Gorgon LNG Carbon Capture Shortfall

Nov 12, 2021

Chevron Corp and its partners in the Gorgon liquefied natural gas (LNG) project in Western Australia have agreed to buy carbon credits likely to cost more than $180 million as a penalty for failing to meet a five-year target for carbon capture and storage (CCS)…

Petronas, Exxon to Explore CCS Opportunities in Malaysia

Nov 09, 2021

Malaysia's state energy firm, Petroliam Nasional Berhad (Petronas), said on Tuesday it has partnered with a Malaysian unit of Exxon Mobil Corp to jointly explore opportunities in carbon capture and storage (CCS) technologies in a bid to decarbonize the country's upstream industry…

Indonesia CCS Could Need $500M

Nov 08, 2021

Deployment of carbon capture storage (CCS) in Indonesia could cost about $500 million, a senior official at Indonesia's state oil firm Pertamina said on Monday.Pertamina and ExxonMobil signed a memorandum of understanding during the COP26 summit…

Current News

CCS, Hydrogen Challenges a Focus at SPE Offshore Europe 2023

CCS, Hydrogen Challenges a Focus at SPE Offshore Europe 2023

Consortium Proposes 2.5 GW Offshore Wind Farm in Bass Strait, Australia

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Cyan, Taya in Offshore Wind Vessel Collab in Taiwan

Cyan, Taya in Offshore Wind Vessel Collab in Taiwan
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