I guess, the reduce, reuse, recycle part, ain’t making profits for these gigacorporations, and reinject is?
Dateline 2021-11-15, The Chemical Engineer:
EXXONMOBIL and Petronas are working together to explore opportunities for carbon capture and storage projects in Malaysia.
The partners said through their memorandum of understanding they will assess the viability of carbon capture projects in locations offshore Peninuslar Malaysia and share subsurface technical and infrastructure for pipelines, facilities and wells as they evaluate potential projects for storing, transporting and reusing capture CO2.
Adif Zulkifi, Petronas Executive Vice President and Chief Executive Officer of Upstream, said: “This collaboration is an important step to unlock the opportunities and potential of CCS in Malaysia through applied technologies and innovation, potentially helping us reach our net zero carbon emissions aspirations amidst an evolving energy landscape.”