Chevron New Energies division announced an MOU with Talos Energy and Carbonvert for an expanded joint venture to develop the Bayou Bend CCS hub in southeast Texas. The Bayou Bend CCS project site encompasses over 40,000 gross acres and, based on Talos and Carbonvert’s preliminary estimates, could potentially sequester 225 to 276 million tonnes of carbon dioxide from industrial sources in the area.
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