Petronas to cut greenhouse gases through renewables and capture

Record profit from energy rally to fund pivot toward decarbonization

20220831N Petronas Towers

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

TAKASHI NAKANO, Nikkei staff writer

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.

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