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INDUSTRY TREND

North America Takes the Lead on CCS

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  • North America is set to play an outsized role in carbon capture and storage (CCS) due to ample suitable geology and infrastructure close to industrial hubs.
  • Exxon Mobil and Occidental Petroleum are leading the way on project development while a number of smaller players also see chances to capitalize.
  • Chevron is hoping to move on from its costly CCS foray at Gorgon LNG with new ventures in North America that can help it hit its ambitious capture targets.  

The Issue

Topics:
Carbon Capture (CCS), CO2 Emissions, Corporate Strategy , Majors, Independent E&Ps, Emerging Technologies
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