$1.2b Kwinana clean up bill drives Alcoa Australia to a $600m loss
The US miner is also facing declining production and delayed approvals in WA, where it mines three-quarters of its bauxite.
Chevron's Gorgon LNG project on Barrow Island began operating in 2016 has the world's largest carbon capture and storage system dedicated to emissions reduction.
Chevron's $2.5B effort to cut bury emissions from its Gorgon LNG project has been thwarted by equipment failures.
Chevron chief executive John Watson says his company should have done more engineering and planning before it sanctioned the Gorgon LNG project in 2009.
Too much hot air around the LNG trains on Barrow Island has caused Chevron to flag a production cut at Gorgon as the US giant tackles problems onshore and offshore.
Chevron’s Gorgon project has to start injecting CO2 underground or it can emit more CO2 than all of Collie’s coal-fired power stations.
Chevron may boost gas production from its Jansz-Io field to Gorogn LNG with subsea compression technology used just once before in Norway.
In early 2017 Chevron's rush to ship the first LNG from the $US54 billion Gorgon project to meet its chief executive's deadline had disastrous consequences.
Australia's Petroleum Resources Rent Tax has incredibly generous annual uplifts in allowable deductions that will likely see little or no payments from its offshore LNG projects.
The first two processing facilities at the Gorgon LNG project are operating near capacity and commissioning of the final train is under way, with production expected early in the second quarter of 2017.
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