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ExxonMobil Buyout Of Denbury Cements Its Status Atop The CCS World
Published: 14 July 2023
As part of its $4.9 billion deal to acquire Denbury Inc. announced Thursday, ExxonMobil will own and operate the nation’s largest CO2 pipeline network. That network encompasses 1,300 miles of pipe, 925 of which are sited across Texas, Mississippi and Louisiana, the Gulf Coast region that forms the major focus area for the Exxon’s plans for CCS growth.