Chevron and MOL to study CO2 shipping from Singapore to Australia
Chevron Corporation (NYSE: CVX), through its Chevron New Energies International Pte. Ltd. (Chevron) subsidiary, and Mitsui O.S.K. Lines, Ltd. (MOL) today announced the signing of a Joint Study Agreement (JSA) on the feasibility of transporting liquified carbon dioxide (CO 2 ) from Singapore to permanent storage locations offshore Australia
SINGAPORE & SAN RAMON, Calif.--(BUSINESS WIRE)--Nov 10, 2022--
Chevron Corporation (NYSE: CVX), through its Chevron New Energies International Pte. Ltd. (Chevron) subsidiary, and Mitsui O.S.K. Lines, Ltd. (MOL) today announced the signing of a Joint Study Agreement (JSA) on the feasibility of transporting liquified carbon dioxide (CO 2 ) from Singapore to permanent storage locations offshore Australia.
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Chevron and MOL have signed a Joint Study Agreement to explore the feasibility of transporting liquified carbon dioxide from Singapore to permanent storage locations offshore Australia. At the signing ceremony in Singapore were Mr. Chris Powers, Vice President, Carbon Capture Utilization and Storage, Chevron New Energies, and Mr. Yasuchika Noma, Executive Officer of MOL. (Photo: Business Wire)
