In recent years, the urgent need to address climate change has spurred industries worldwide to reconsider their practices and invest in sustainable solutions. Among these, oil and gas sector enterprises are major contributors to carbon emissions. Despite these problems, carbon capture, utilization, and storage (CCUS) technology offer a viable answer.
In today’s world of eco-awareness, companies understand the crucial significance of decarbonization in creating a low-carbon tomorrow. Thus, crafting an impactful decarbonization plan is essential for any business looking to succeed in a sustainability-focused society.
Carbon Capture and Storage (CCS) refers to the mitigation of carbon emissions from large point sources such as power plants, refineries and other industrial facilities, or the removal of existing CO2 from the atmosphere. Today, it is considered as the key to addressing global warming while dealing with climate change.
