? Big oil’s big CCS play #158
Climate Tech VC
JULY 17, 2023
deal on Thursday, ExxonMobil acquired Denbury , a Texas-based energy company focused on carbon capture and storage (CCS) and enhanced oil recovery (EOR) that controls the largest network of CO2 pipelines in the US. CCS is basically the only path for an O&G company to decarbonize while continuing its fossil fuels business.
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