TNB, PETRONAS sign MoU for carbon-neutral aspirations

KUALA LUMPUR: Tenaga Nasional Bhd (TNB) and Petroliam Nasional Bhd (PETRONAS) have signed a memorandum of understanding (MoU) to strengthen collaboration in driving innovative solutions towards decarbonisation in support of Malaysia’s aspirations to be a carbon-neutral nation by 2050.

“This will be achieved mainly through a collaborative study for the development of green hydrogen ecosystem and carbon capture and storage (CCS) technology leveraging both organisations’ technical expertise and resources,” the companies said in a joint statement.