News

Malaysia’s parliament passed the Carbon Capture, Utilisation and Storage Bill (CCUS Bill) in March 2025, with a plan to establish a dedicated agency to build out the industry’s market and supply chain.

Building materials can be carbon sinks, with impressive carbon sequestration potential. Recent studies show that using carbon-storing materials could remove 1.66 billion tons of CO2 from the atmosphere each year.

Singapore has developed a 3D printing technology that not only produces concrete with better carbon sequestration capabilities but is also stronger and more durable than traditional materials.

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.

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.

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.

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.

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.

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.

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