Summary: JX Oil Development (Chiyoda-ku, Tokyo) Announces on March 19 a Partnership between Chevron’s Key Business Company, Chevron New Energy, to Jointly Explore the Development of a Carbon Capture and Storage (CCS) Value Chain in the Asia-Pacific Region.

On March 19th, JX Oil Development, based in Chiyoda-ku, Tokyo, announced a collaborative study with Chevron New Energy, a key subsidiary of the American oil major Chevron. The study aims to explore and develop a value chain for carbon capture and storage (CCS) in the Asia-Pacific region. This joint effort signifies a commitment to advancing sustainable practices and initiatives aimed at reducing carbon emissions and addressing climate change. Stay updated on the progress and outcomes of the collaborative study between JX Oil Development and Chevron New Energy as they work towards establishing a CCS value chain in the region.