Trading giant Gunvor Group is joining the race to develop carbon capture technology.
The chartering major has signed up with the Global CCS Institute, an international think tank aiming to accelerate the deployment of carbon capture and storage (CCS).
Other members include governments, corporations, private companies, research bodies and non-governmental organisations.
"Given that hydrocarbons will remain a part of the global energy mix for the immediate and foreseeable future, carbon capture and storage solutions are required to meet zero-emissions goals," said Shahb Richyal, Gunvor's global head of...
