Keyword: ExxonMobil

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ADNOC Acquires Stake in ExxonMobils’s Texas Hydrogen Plant

05.09.2024 -

Abu Dhabi National Oil Company (ADNOC) has agreed to acquire a 35% equity stake in ExxonMobil’s proposed low-carbon hydrogen and ammonia production facility in Baytown...

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CF Industries Announces $100 Million for Emissions Reduction Project

30.07.2024 -

CF Industries Holdings recently announced that it is moving forward with a carbon capture and sequestration (CCS) project at its Yazoo City, Mississippi, Complex that is...

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Air Products to Build Europe’s Largest Blue Hydrogen Plant

07.11.2023 -

Air Products unveiled plans for a carbon capture facility at its Rotterdam plant, intending to generate "blue" hydrogen for ExxonMobil's refinery and other clients...

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LyondellBasell Acquires 25% of Joint Venture Cyclyx

27.10.2023 -

LyondellBasell has acquired a 25% stake in Cyclyx International, a joint venture between Agilyx and ExxonMobil formed in December 2020. Cyclyx is working with industry...

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ExxonMobil to Buy Pioneer Natural Resources for $60 Billion

11.10.2023 -

The US energy sector is on the verge of a mega merger: energy and petrochemical giant ExxonMobil has announced its intention to take over producer Pioneer Natural...

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ExxonMobil Completes Expansion of US Chemical Production at Baytown

20.09.2023 -

US multinational energy company ExxonMobil has started up two new chemical production units at its Baytown, Texas, manufacturing facility. The $2 billion expansion is...

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ExxonMobil Acquires Denbury Valued at €4.5 Billion

14.07.2023 -

ExxonMobil has acquired Denbury, a carbon capture, utilization, and storage (CCUS) and enhanced oil recovery company. The all-stock transaction is valued at €4.5 billion...

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Venture Global “on Track” to Be Germany’s Top LNG Supplier

28.06.2023 -

Venture Global, a US-based exporter of LNG, which has just agreed two major supply deals with German customers, says it is on track to solidify its position as the...