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  1. 22 maj 2023 · Hundreds of millions of dollars will be invested by the Gorgon partners to fix the underperforming project, but Chevron is chasing more CCS opportunities in Australia.

  2. 26 lip 2021 · The deployment of CCUS has been painfully slow, consistently accounting for less than 0.5 per cent of global investment in clean energy and efficiency technologies, according to the IEA. There...

  3. Gorgon CCS Project’s Five-year Performance Troubled History and Underperformance The Gorgon CCS project started with great fanfare as the world’s largest CCS project with a dedicated geological structure. It received A$60 million from the Australian Government as part of the Low Emissions Technology Demonstration Fund (LETDF).8

  4. 16 maj 2022 · Gorgon CCS had originally been slated to be fully operational by last year when the project faced its first five-year rolling assessment. Instead, it was forced to buy carbon credits for...

  5. 17 lis 2023 · Data published by Chevron last week showed Gorgon’s CCS operation stored only about a third of the total volume of CO₂ it captured in the 12 months to June 2023, because of pressure management...

  6. 17 maj 2023 · ExxonMobil, which is the world's biggest privately owned oil producer with a market capitalisation of $US415 billion ($623 billion), has argued the development of a bigger hydrogen industry would depend in part on the use of carbon capture and storage. Developing a wholesale CCS industry would require a new pipe network. (Supplied: Senex Energy)

  7. 26 kwi 2022 · 27 April 2022 (IEEFA): At a cost of more than A$3 billion, Gorgon, the largest carbon capture and storage (CCS) project in the world has failed to deliver, underperforming its targets for the first five years of operation by about 50% finds a new report from the Institute for Energy Economics and Financial Analysis (IEEFA).