Chevron granted interest in three permits to assess carbon storage offshore Australia

Chevron Corporation (NYSE: CVX), through its affiliate Chevron Australia Pty Ltd, is part of three joint ventures that have been granted an interest in three greenhouse gas assessment permits offshore Australia.

9 September 2022

Chevron’s Australian tax and economic contributions accelerate

Chevron Australia today announced it would begin monthly company income tax instalments averaging approximately A$110 million from September, as part of a forecast A$3.7 billion company income tax payment for the 2022 calendar year.

8 September 2022

Acquisition and surrender of offsets complete

Chevron Australia, as operator of the Gorgon Project, has completed the acquisition and surrender of 5.23 million credible greenhouse gas offsets, meeting its commitment to address a carbon dioxide injection shortfall at the Gorgon natural gas facility over the five-year period ending 17 July 2021.

15 July 2022

Chevron donates $1 million to QLD and NSW floods relief efforts

Chevron Australia and Chevron Australia Downstream have jointly announced an AUD$1 million donation to Australian Red Cross in support of its Queensland and New South Wales floods relief and recovery efforts. 

29 March 2022

Chevron announces $40 million Western Australian lower carbon investment

Chevron Australia today announced an AUD$40 million investment in Western Australian lower carbon projects. The investment is part of an offsets package Chevron will implement to address a carbon dioxide injection shortfall at the Gorgon natural gas facility over the five-year period ending 17 July 2021.

11 November 2021

Chevron commits $2.45m to Australian carbon capture and storage research

Chevron Australia has contributed more than AUD$2.45 million to Australian School of Petroleum and Energy Resources, located at the University of Adelaide, in support of carbon capture and storage research.

5 October 2021

Chevron Australia CO2 injection milestone

Chevron Australia is poised to reach a significant milestone at its Gorgon LNG facility, injecting five million tonnes of greenhouse gas (carbon dioxide equivalent) since safely starting the system in August 2019.

19 July 2021

Chevron commits $3.45 million to Conservation Volunteers Australia

New partnership to support lower carbon projects including blue carbon research.

12 July 2021

Jansz-Io Compression project to proceed

Modification of the existing Gorgon development ensures long-term gas supply to customers in Australia and Asia.  

2 July 2021

Chevron invests in Australian solar power technology developer

Chevron Technology Ventures invests in Australian solar power technology developer RayGen. The investment aligns with a global focus on start-ups with lower carbon technologies.

7 June 2021