THE Singapore government is partnering a consortium formed by ExxonMobil and Shell to study the feasibility of a cross-border carbon capture and storage (CCS) project, with the aim of starting the project by 2030, said Second Minister for Trade and Industry Tan See Leng in Parliament on Friday (Mar 1). CCS involves capturing, transporting and storing carbon dioxide so that it is not released into the atmosphere. The partnership entails evaluating the technical and economic feasibility of aggregating carbon dioxide (CO2) emissions in Singapore and working with regional partners to identify potential CO2 storage sites. https://www.businesstimes.com.sg/singapore/singapore-partners-exxonmobil-shell-consortium-to-study-cross-border-carbon-capture-and-storage (ICE SINGAPORE)

Fonte notizia: The Business Times, 1 March 2024