Partnership to explore carbon storage opportunities


KUALA LUMPUR: State energy firm, Petroliam Nasional Bhd (Petronas), said it has partnered with a Malaysian unit of Exxon Mobil Corp to jointly explore opportunities in carbon capture and storage (CCS) technologies in a bid to decarbonise the country’s upstream industry.

Exxon Mobil said last month it wants to build CCS hubs in South-East Asia and has begun talks with countries with potential storage options for carbon dioxide.

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