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Chevron To Address CO2 Injection Shortfall At Australia LNG Site

By John F. Heerdink, Jr.

Reportedly, Chevron Corporation (CVX) Australian unit will invest A$40 million ($29.49 million) to address a carbon dioxide injection shortfall at its Gorgon liquefied natural gas facility in Western Australia. Under the investment, the oil giant will address the shortfall over a five-year period, and acquire and surrender 5.23 million greenhouse gas offsets.

Dow 30 component Chevron Corporation (CVX), through its subsidiaries, engages in integrated energy, chemicals, and petroleum operations worldwide.  To learn more about Chevron (CVX) and to track their progress please visit the Vista Partners Chevron Page.

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(Read Original Story: Chevron to invest $29 mln to address CO2 injection shortfall at Australia LNG site in Reuters)


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