Oil companies secure CCS storage facilit • Table.Briefings

The oil companies Shell, ExxonMobile, Chevron and Total Energies see Southeast Asia as a suitable market for storing their greenhouse gases.

For the oil and gas industry, CCS becomes a potential business area. Especially in Southeast Asia, companies are scouting for suitable storage sites for greenhouse gases. According to the IEA, significant CCS potentials are needed to achieve climate goals.

International oil companies are increasingly involved in the search and exploration of CO2 storage sites in Southeast Asia. According to a report by the Bloomberg news agency, companies are seeking cost-effective geological storage sites for the greenhouse gas near major emitters such as Japan and Korea to make their oil and gas production more climate-friendly:

Oil companies secure CCS storage facilities in Southeast Asia

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