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Climate Change

Petronas to cut greenhouse gases through renewables and capture

Record profit from energy rally to fund pivot toward decarbonization

A family jogs at a park near Petronas headquarters in Kuala Lumpur, Malaysia. The state-owned energy group enjoyed a record-breaking first half in both profit and sales.   © Reuters

SINGAPORE -- Malaysia's state-owned energy giant Petronas has launched a multi-front effort to cut greenhouse gases by expanding its renewable energy business and embracing carbon capture and storage.

Solar panels cover the rooftops of buildings within the Universiti Teknologi Petronas campus, a research university located on the Malaysian island of Pelak. The installations are managed by Gentari, Petronas's green energy subsidiary launched in June.

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