ExxonMobil (NYSE: XOM) believes that carbon capture and sequestration (CCS) represents a massive opportunity to make money while helping the environment. The oil giant believes the market for CCS will ...

ExxonMobil has struck a deal with Texas regulators to lease 271,000 acres in state waters for potential carbon dioxide storage, the US supermajor said Thursday. Terms of the deal, which ExxonMobil ...

Exxon Mobil (NYSE:XOM) has requested the Texas General Land Office not to publicly disclose the terms of its offshore lease agreement for a carbon sequestration project with the state, since they ...

The Railroad Commission will determine whether the project meets state regulatory requirements following the prehearing.

ExxonMobil believes a “stick” approach involving taxation of industrial operators’ carbon dioxide emissions would be an effective driver to command faster take-up of carbon capture and storage ...

ExxonMobil is slowing medium-term investments in low-carbon ventures by some $10 billion compared with its outlook a year ago, the oil giant announced Tuesday. The US petroleum company expects to ...

JEFFERSON COUNTY, Texas — ExxonMobil has decided to end a lease agreement for land in the Diamond D Ranch neighborhood along Highway 90 in west Jefferson County. 12News spoke to people in the ...

The energy industry is in a transitional period. While fossil fuels are crucial to the economy these days, lower-carbon ...