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.
March 20, 2024

CCS market size projected to grow by 104.5 million tons by 2027

Carbon Capture and Storage market is forecasted to increase by 104.5 million tons from 2023 to 2027. Additionally, the market is expected to grow at a CAGR of 22.91% during the forecast period.
October 02, 2023

Indonesia’s Pertamina, BP work on Tangguh CCUS collaboration

Pertamina and BP are exploring a potential collaboration in the carbon capture, utilization, and storage project at the Tangguh natural gas field, which may involve producing blue ammonia.
September 26, 2023

Malaysia, Japan to discuss carbon storage with plans to begin in 2028

Japan will hold talks with Malaysia on storing power plant and industrial emissions in the Southeast Asian nation, with an aim of the first shipment in 2028.
September 25, 2023

Oil giants bullish on carbon capture projects in Indonesia

ExxonMobil and BP executives expressed optimism about the oil firm’s carbon capture projects in Indonesia, suggesting they provided a solution to the global need to balance emissions reduction and energy security.
August 02, 2023

UK government to invest £20bn for CCS project in Scotland

UK announced an investment of £20 billion for the development of carbon capture, utilization, and storage projects in Scotland and the Humber.
July 31, 2023

Honeywell offers CCUS solutions to carbon-intensive industry in Indonesia

In order to meet Indonesia's carbon capture regulations, Honeywell provides a full suite of Carbon Capture, Utilization and Storage solutions to support high carbon emission industries.
July 28, 2023

Indonesia’s Pertamina signs four deals to explore CCS, CCUS partnerships

Indonesia's Pertamina signed four agreements to explore potential developments of carbon capture storage projects in the country. The largest economy in Southeast Asia is aiming to accelerate the realization of its renewable energy goals.
July 17, 2023

Exxon boosts CCS business with $4.9 Denbury acquisition

Exxon Mobil agreed to buy Denbury for $4.9 billion on July 13, to accelerate its energy transition business with an established CO2 storage operation.

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