Petronas Inks Deal with ADNOC, Storegga to Assess Carbon Storage in Malaysia
The three companies have signed an agreement to assess the CO2 storage capabilities of saline aquifers and the construction of carbon capture and storage facilities in the Penyu basin, offshore Peninsular Malaysia.
Malaysia to Hold First Auction of Domestic Carbon Credits in July
The credits will come from the Kuamut Rainforest Conservation Project, a Sabah-based initiative protecting and restoring over 83,000 hectares of tropical rainforest.
