Federal Minister for Resources Madeleine King has urged industry to invest in carbon capture and storage technologies and dismissed the idea of banning new gas projects in a speech to the oil and gas industry in Perth.
CO2 capture company Calix today informed the ASX that grants for its technology have been cancelled by the Albanese government, a week after it signed a worldwide licensing deal with cement company Heidelberg.
Western Australia's EPA has revealed that Chevron Gorgon's sequestration performance has slumped, and has recommended stronger carbon conditions on the LNG project.
Inpex, TotalEnergies and Woodside will spend $165 million investigating a carbon storage site offshore from the Northern Territory, while Chevron and Santos will jointly assess CCS opportunities elsewhere.