Chevron, JERA sign MoU to explore carbon capture in U.S, Australia
Chevron U.S.A. $Chevron(CVX)$ division has signed a memorandum of understanding with JERA Co. to explore carbon capture and storage projects in the U.S. and Australia.
The MoU further expands the partnership between the companies in the lower carbon space, following the November 2022 announcement of their collaboration on the potential co-development of lower carbon fuel in Australia and the study of liquid organic hydrogen carriers in the United States.
It also has the potential to expand the significant liquid natural gas relationship that Chevron and JERA have today.
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