ExxonMobil buys US-based carbon capture developer for $4.9 billion

Acquisition of Denbury also includes assets with 47,000 boepd of current production

‘Determination’: ExxonMobil chief executive Darren Woods. — ‘Determination’: ExxonMobil chief executive Darren Woods.Photo: AP/SCANPIX

Fabio Palmigiani

Rio de Janeiro

US ExxonMobil CCUS Darren Woods Americas

Published 13 July 2023, 14:06Updated 18 July 2023, 10:47