Big oil companies propose to store large quantities of CO2 in Malaysia and Indonesia, sparking concerns over environmental impact

Q: How long will it take to read this news story?

The story "Big oil companies propose to store large quantities of CO2 in Malaysia and Indonesia, sparking concerns over environmental impact" has 2729 words across 100 sentences, which will take approximately 12 - 23 minutes for the average person to read.

Q: Which news outlet covered this story?

The story "Big oil companies propose to store large quantities of CO2 in Malaysia and Indonesia, sparking concerns over environmental impact" was covered 1 months ago by Bangkok Post, a news publisher based in Thailand.

Q: How trustworthy is 'Bangkok Post' news outlet?

Bangkok Post is a fully independent (privately-owned) news outlet established in 1946 that covers mostly economy and business news. The outlet is headquartered in Thailand and publishes an average of 8 news stories per day. It's most recent story was published 18 hours ago.

Q: What do people currently think of this news story?

The sentiment for this story is currently Negative, indicating that people regard this as "bad news".

Q: How do I report this news for inaccuracy?

You can report an inaccurate news publication to us via our contact page. Please also include the news #ID number and the URL to this story.<ul><li>News ID: #20541096</li><li>URL: https://beamstart.com/news/oil-giants-plan-to-bury-17115987998784</li></ul>

Bangkok Post 1 mo ago

Big oil companies propose to store large quantities of CO2 in Malaysia and Indonesia, sparking concerns over environmental impact - Bangkok Post

Quick Summary:

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.

Malaysia, meanwhile, has no clear legislation for importing CO2, said Emry at Petronas, which is looking to develop three storage hubs that together would be capable of storing up to 15 million tons of CO2 per year by 2030.“There’s a lot of push” to expedite this, he said.“We’re trying to learn from each other here.

There’s a chance there won’t be enough CO2 captured to fill all the wells, said Mhairidh Evans, head of CCUS research at energy consultancy Wood Mackenzie.“One narrative is there's this big gap on storage, whereas our take is there’s a gap on capture,” she said.