markets for CO 2 emissions, as well as 10 strategically located onshore sequestration sites. at 1,300 miles, including nearly 925 miles of CO 2 pipelines in Louisiana, Texas, and Mississippi – located within one of the largest U.S. The acquisition of Denbury provides ExxonMobil with the largest owned and operated CO 2 pipeline network in the U.S. The transaction synergies are expected to drive strong growth and returns for ExxonMobil. “The breadth of Denbury’s network, when added to ExxonMobil’s decades of experience and capabilities in CCS, gives us the opportunity to play an even greater role in a thoughtful energy transition, as we continue to deliver on our commitment to provide the world with the vital energy and products it needs.” “Acquiring Denbury reflects our determination to profitably grow our Low Carbon Solutions business by serving a range of hard-to-decarbonize industries with a comprehensive carbon capture and sequestration offering,” said Darren Woods, Chairman and CEO. ![]() Transaction synergies expected to enable more than 100 MTA of emissions reductions over time, driving strong growth and returns. ![]()
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