Exxon Mobil is investing $17 billion in low-carbon businesses like carbon capture, hydrogen and biofuels. But the U.S. supermajor is also considering lithium production, CEO Darren Woods told analysts.
ExxonMobil to buy Denbury for US$4 9b in carbon storage bet thesundaily.my - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thesundaily.my Daily Mail and Mail on Sunday newspapers.
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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.