LONDON – Just as they first ventured to do over a century ago, the world’s largest oil companies are staking claims far from home – this time to swallow, rather than spew, planet-warming industrial emissions.
Carbon dioxide (CO2) storage is emerging as a potential multibillion-dollar revenue stream for companies like ExxonMobil, Shell and Chevron, which are under global pressure to rein in the unfettered burning of fossil fuels.
In Asia, which will generate the majority of this century’s carbon emissions, Indonesia and Malaysia are among the few places where CO2, once captured,…
