Chevron wants to have 25mn t/yr CO₂ storage by 2030
Chevron expands Bayou Bend CCS project
Project on US Gulf Coast will be expanded to have storage capacity for 1bn t CO₂ as part of firm’s wider CCS ambitions
Chevron is expanding a CCS project on the US Gulf coast to enable it to store 1bn t of CO₂. Following more land purchases, the Bayou Bend project now covers nearly 140,000 acres of onshore and offshore space for geologic CO₂ sequestration, making it one of the largest CCS projects in the US. The project is planned to be deployed before 2030, pending FID. It would store 4–5mn t/yr of CO₂ in its first phase before increasing to 8–10mn t/yr. 1bn t – CO₂ storage potential of Bayou Bend This would allow the firm to make good progress towards its CCUS deployment target of 25mn t/yr of CO₂ in equity storage by 2030. “We have good geology and contracted industrialised emissions for the proje
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