AMSTERDAM: The Dutch government has granted a consortium that includes oil majors Royal Dutch Shell and ExxonMobil around €2bil (US$2.4bil RM9.8bil) in subsidies for what is set to become one of the largest carbon capture and storage (CCS) projects in the world, according to the Port of Rotterdam.
Shell and Exxon requested the subsidies in January together with industrial gas suppliers Air Liquide and Air Products for a project which aims to capture CO2 emitted by factories and refineries in the Rotterdam port area and store it in empty Dutch gas fields in the North Sea.
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