ExxonMobil seeks industry, govt support for green project

Oil giant studying carbon capture hubs in areas like S'pore, linking them to storage sites elsewhere

South-east Asia's policymakers can help breathe life into projects aimed at tackling emissions from pollutive industries by coming to an understanding on how to price carbon across the region.

Oil and gas major ExxonMobil has been studying the concept of placing CO2 capture hubs in some heavy industrial areas, such as in Singapore, then connecting them to storage sites elsewhere.

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A version of this article appeared in the print edition of The Straits Times on October 26, 2021, with the headline 'ExxonMobil seeks industry, govt support for green project'. Subscribe