July 16, 2024

Carbon capture startup raises $37 million to turn CO2 into rock

Carbon capture technology is advancing rapidly and continues to attract significant investment from venture capital firms. Oman-based startup 44.01, which is developing a method to inject carbon dioxide into rocks, announced on the 15th that it has comple
June 03, 2024

Rystad Energy identifies Malaysia as key emerging hub for CCS in Asia-Pacific region

Malaysia is among the hubs in the Asia-Pacific region rapidly emerging as key players in the carbon capture and storage (CCS) sector, according to Rystad Energy.
May 21, 2024

Japan passes new legislation to facilitate CCS implementation

Japan passed a law on May 17 to establish a permit system for business operators, facilitating the implementation of Carbon Capture and Storage technology, which captures carbon dioxide from industrial emissions and stores it deep underground.
May 17, 2024

Malaysia to introduce CCUS regulatory framework, eyes global leadership

Malaysia's Economy Minister Rafizi Ramli has announced that the government will present a progressive regulatory framework bill for Carbon Capture, Utilization, and Storage. The bill is expected to be submitted to the Cabinet in November.
May 13, 2024

Shell accused of selling 200 million of “phantom carbon credits”

Energy giant Shell is accused of selling "phantom carbon credits" through a Canadian carbon capture project, which not only generated an additional revenue of 200 million Canadian dollars (about 140 million USD) but captured only half of the amount claime
May 06, 2024

Singapore launches new corporate lab for low-carbon technologies

Singapore has launched a $60 million lab to drive research and development in low-carbon technologies to help achieve net-zero emissions by 2050.
May 06, 2024

Researchers create device to consume CO2 to generate electricity

Australian researchers have built an electrical generator that consumes carbon dioxide, produces electricity, and emits no exhausts. They believe this technology could revolutionize industrial-scale carbon capture method.
April 25, 2024

EU offers $30 million for carbon removal project proposals

The European Commission has announced a $30 million call for proposals to provide funding support for carbon removal projects in the region.
April 23, 2024

Carbon capture can help reduce Singapore’s emissions, but huge challenges remain

The Singapore government has said that it will boost research and development in carbon capture and storage (CCS). However, to scale up the technology, there are still many obstacles, leading some question whether CCS can be a long-term solution.
April 10, 2024

Global oil giants plan to storage huge amounts of CO2 in Southeast Asia

Carbon dioxide storage is emerging as a potential multi-billion-dollar revenue stream for oil giants like Exxon Mobil and Shell, which are under pressure to rein in the unfettered burning of fossil fuels.
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