JX Nippon Oil & Gas Exploration Corporation has announced the restart of its Petra Nova carbon capture facility, believed to be one of the largest in the world.
Located in Texas, the site captures carbon dioxide (CO2) from the flue gas of the thermal power plant and injects that captured CO2 into an oil field to increase in crude oil production.
Once fully operational, the plant can capture 1.4 million metric tonnes of CO2 per year.
To further expand its knowledge of carbon capture, utilisation, and storage (CCUS) technology, JX Nippon last September acquired an additional 50% interest in Petro Nova Parish Holdings, making it a consolidated subsidiary.
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