ExxonMobil lays groundwork for carbon storage project at offshore auction

ExxonMobil lays groundwork for carbon storage project at offshore auction
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19.11.2021

MOSCOW (MRC)  -- ExxonMobil on Wednesday offered to lease 500,000 acres off the Texas coast, securing space for what could become a massive project to capture and store carbon emissions, according to Hydrocarbonprocessing.Under pressure by investors to address climate change, Exxon in April floated an up to USD100 B industry hub to collect planet-warming emissions from Gulf Coast petroch

Full article at mrcplast.com

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