Saudi Aramco is looking for ways to monetise carbon dioxide produced by the oil and gas industry, the company’s chief technology officer, Ahmad al-Khowaiter, said on Tuesday.
“I think [CO2 monetisation] is taking a much higher level than [before] in our leadership,” Khowaiter told delegates at The Economist’s Energy Summit in London. “What I’m wondering is how to monetise [CO2 emissions]. How do we create value? One of the areas I think is very exciting is taking CO2 and creating valuable products.”
Khowaiter said the petrochemicals industry...
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