Petronas partners with ExxonMobil to accelerate net zero emissions goal

Petronas has inked a memorandum of understanding (MOU) with ExxonMobil to jointly explore opportunities in carbon capture and storage (CCS) technologies.

The signing of the MOU on Nov 3 aims to help decarbonise Malaysia’s upstream industry and provide carbon dioxide (CO2) storage solutions for the region.

Under the MOU, both parties will...