Take Your Trading To The Next Level. Get Started Here!

Chevron joins Bayou Bend CCS project for first offshore carbon capture hub in US Gulf

May 4, 2022 Comments Off

Chevron said May 3 it will take a 50% stake in what could become the first major carbon capture and storage hub in the shallow waters of the US Gulf of Mexico offshore of Texas. The Bayou Bend CCS project was previously developed by Talos Energy and Carbonvert — each of whom would retain 25% stakes — to inject and…