Exxon wins grant for largest U.S. offshore carbon storage site in Texas
October 11, 2024
(World Oil) – Exxon Mobil Corp. has won the right to pump carbon dioxide beneath Texas state waters in the Gulf of Mexico, in what will be the largest concession of its kind in the U.S. The lease granted by the Texas General Land Office will cover 271,000 acres and allow Exxon to bury emissions in geologic rock formations under
