TotalEnergies Signs Joint Venture Agreement with Petronas and Mitsui for CO2 Storage Hub in Malaysia

TotalEnergies has entered into a joint venture with Petronas and Mitsui to develop a CO2 storage hub in Malaysia, aimed at enhancing its low-carbon and carbon capture and storage (CCS) portfolio. This project supports regional decarbonization efforts and represents a key step in TotalEnergies' transition to a multi-energy provider. The collaboration emphasizes the company's strategy to leverage international partnerships for scaling its carbon management capabilities.