Chevron to Build California Carbon Capture Plant with Microsoft, Schlumberger

(Reuters) Chevron Corp is partnering with Microsoft Corp, oilfield services firm Schlumberger NV and privately held Clean Energy Systems to build a carbon capture plant in California, as the U.S. oil major expands investments in renewable technology.

Chevron said on Thursday the plant, located in the city of Mendota, will convert agricultural biomass to electricity, and almost all the carbon captured in the conversion of agricultural waste would be stored underground.

The venture adds weight to plans outlined by California’s Air Resources Control Board last month to start phasing out all agricultural waste burning in the valley by 2025.

Once completed, the companies expect the plant will use about 200,000 tons of agricultural waste and remove around 300,000 tons of carbon dioxide every year. READ MORE