The world’s largest oil firms may need to be careful relying on carbon capture and storage to reduce emissions from operations as much as they would like. While almost every major oil and gas firm has said it would design facilities with CCS and use these technologies to cut the carbon footprint of their operations, U.S. oil supermajor Chevron has just had to admit that its massive CCS project at the Gorgon LNG facility in Australia has fallen short of the requirements to inject carbon dioxide (CO2) set by the Australian regulators. Western Australian regulators approved the Gorgon LNG project, operated by Chevron, with Exxon and Shell holding 25 percent each as joint venture partners, with the requirement that at least 80 percent of reservoir CO2 is removed and injected. Chevron, however, has injected only 30 percent of the CO2 due to continuous problems with the systems, Boiling Cold […]