09:13 AM EDT, 05/30/2025 (MT Newswires) -- (Updates with Shell's declining to comment in fourth paragraph.)

Exxon Mobil ( XOM ) and Shell (SHEL) are seeking proposals for services to transport and store carbon dioxide, Bloomberg News reported Friday, citing a spokesperson of Singapore's Energy Market Authority.

The companies, through their S-Hub consortium, issued a Request for Proposal to companies across Asia-Pacific, according to the report.

Indonesia and Malaysia are potential storage sites, with Exxon holding CO2 storage rights in both countries, the report said.

Shell declined to comment when reached by MT Newswires.

Exxon and the Singapore Energy Market Authority did not immediately respond to MT Newswires' request for comment.

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