Carbon capture and storage
Ir Mohd Yusri Mohamed Yusof spoke with JPT about the national oil company’s carbon capture and storage efforts, the value of cross-border cooperation, and his expectations for OTC Asia, to be held 31 March–2 April 2026 in Kuala Lumpur.
The company said it has started transporting and storing carbon dioxide in its second carbon capture and storage operation in the state.
In the past year, publications on CO2, natural gas, and hydrogen storage have increasingly focused on the design, evaluation, and optimization of storage plans. These efforts encompass a broad spectrum of challenges and innovations, including the expansion of storage reservoirs from depleted gas fields and saline aquifers to stratified carbonate formations and heavy-o…
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ExxonMobil is planning to build and operate a carbon capture facility in southwest Wyoming, according to a permit application filed with the state's environmental regulatory agency in January. -
Carbon storage is perhaps the only viable option for reducing carbon to the levels that many governments have agreed are important, and EOR is the only proven technology that can be made ready in the time and at the scale required to accomplish this reduction worldwide.
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The companies will focus on research and development to reduce CO2 emissions and promote the circular economy.
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A new joint study will test the economic viability of taking CO2 from a cement plant and giving it to an oil company to pump underground.
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Rapid scale-up of CCUS projects is critical to achieving net-zero carbon emissions by 2050.
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Rapid scale-up of carbon capture, use, and storage is essential for meeting climate and emissions targets while not crippling economic growth. Yet, its potential remains largely untapped because of reasons that include growing pains of immature technologies and uncertainty around public policy.
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Mosaic’s technology uses chemistry to remove carbon dioxide from emissions sources, and the two firms will be looking at how to scale it for industrial use.
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Using direct air capture in the near-term is critical if the technology is going to be affordable at a truly large scale in the coming decades. Enhanced oil recovery is the most-economic way to do that.
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The oil industry is investigating carbon capture and sequestration projects after Congress passed expanded tax credits last year. But questions linger about how much industry investments will actually lower greenhouse gases.
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A bipartisan group of senators introduced a bill to increase federal funding toward developing carbon capture technology while also committing to fossil fuel use.
