News

Australia is gearing up to import greenhouse gases from some of Asia’s biggest emitters as the government introduces new laws that will allow international pollutions to be buried in carbon capture and storage projects in local waters for the first time.

Petronas said on June 28 that it has signed a development agreement with TotalEnergies Carbon Neutrality Ventures and Mitsui & Co. Ltd. to collaborate on a carbon capture and storage (CCS) project in Malaysia.

Japan's JX Nippon Oil & Gas Exploration Corp, a unit of ENEOS Holdings, aims to store 5 million metric tons of carbon by 2030.

Navigator Holdings Ltd. and Bumi Armada Berhad have signed a deal to form a 50-50 joint venture－Bluestreak CO2 Joint Venture－to provide transport services for carbon emissions capture and storage in the United Kingdom.

Japan Organization for Metals and Energy Security (JOGMEC) said on June 13 that it has chosen seven candidate projects which capture CO2 and store it underground to offer support for commercialization to build up Japan's decarbonization push.

The Indonesia Carbon Capture and Storage Center (ICCSC) was established on May 30 with hopes to help propel the country’s agenda to become a regional hub for carbon capture storage (CCS) solution.

Carbonaide, a spin-out from VTT Technical Research Centre of Finland, has come up with a solution to reduce carbon footprint by transforming CO2 into carbon-negative concrete blocks that eventually become a carbon sink, or an object that is able to absorb

Forests in New South Wales are continuing to be cleared to a point that some could become net carbon emitters in coming decades, according to a report released in December by the New South Wales’ Natural Resource Commission.

The European Commission is set to propose a scheme to certify removals of carbon dioxide from the atmosphere as part of the efforts to achieve net-zero emissions by mid-century, according to a leaked proposal seen by EURACTIV.