XOM - Chevron JX Nippon Set Sail on CO2 Storage Voyage Across Asia Pacific | Benzinga
Chevron Corporation‘s (NYSE:CVX) Chevron New Energies inked a signed Memorandum Of Understanding (MOU) with JX Nippon Oil & Gas Exploration Corporation to develop the CCS value chain.
The deal will provide a framework to evaluate the export of Carbon Dioxide (CO?) from Japan to Carbon Capture and Storage (CCS) projects in Australia and other countries in the Asia Pacific region.
The MOU will assess the feasibility of the CCS value chain, which comprises the capture of CO? emitted from industries in Japan.
This includes JX’s affiliates and transportation by ship from Japan to ...