said it plans to spend $29 million to implement lower carbon projects in Western Australia, in part to offset penalties for failing to capture enough emissions from the Gorgon natural gas export project.
A petrochemical plant announced Wednesday, slated to be in service by 2026, could produce up to 200 metric tons/year of low-carbon blue ammonia and methanol using natural gas from the Montney Shale, officials said.
Global oil and natural gas demand is forecast to remain tight in the months ahead, but Devon Energy Corp.