Oil producers Chevron Corp and Talos Energy Inc on Monday said they have tripled the size of a proposed carbon capture and storage hub for the Gulf Coast.
The first injection is expected for around 2026. Timing will depend on the regulatory process and clients needs, said Robin Fielder, chief sustainability officer for Talos.
The venture added nearly 100,000 onshore acres to its existing 40,000 acre site. The expanded area could store more than 1 billion metric tons of greenhouse gases.
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