Exxon's $4.9 billion Denbury deal boosts energy transition plans

HOUSTON (Reuters) -Exxon Mobil Corp on Thursday agreed to buy Denbury Inc for $4.9 billion, acquiring a company with a substantial carbon dioxide (CO2) sequestration operation that could accelerate its nascent energy transition business.

Related Keywords

Texas ,United States ,Houston ,Bengaluru ,Karnataka ,India ,Shilpi Majumdar ,Raymond James ,Savio Dsouza ,Sabrina Valle ,Arunima Kumar ,Arathy Somasekhar ,Conor Humphries ,Pavel Molchanov ,Cf Industries ,Carbon Solutions ,Exxon ,Texas Based Denbury ,Gulf Coast ,Low Carbon Solutions ,Saviod Souza ,Markets ,