Por: The Advocate Business July 14, 2023
ExxonMobil has agreed to buy Denbury Inc., a leading carbon capture and exploration company whose has skyrocketed recently. The $4.9 billion transaction was announced Thursday. The all-stock deal came out to $89.45 per share, according to an ExxonMobil news release. Denbury shareholders will receive 0.84 shares of ExxonMobil stock for each Denbury share they own. The boards of both companies unanimously approved the transaction, though it is... + full article
The Advocate USA Business July 13, 2023
ExxonMobil has agreed to buy Denbury Inc., a leading carbon capture and exploration company whose has skyrocketed recently, in a $4.9 billion transaction that was announced Thursday. The all-stock deal came out to $89.45 per share, according to an ExxonMobil news release.... + más
ExxonMobil buys Denbury, whose carbon capture acreage in Louisiana was flourishing | The Advocate
Texas firm expands Louisiana carbon capture reach with St. Charles, St. Helena projects | The Advocate
The Advocate USA Business June 28, 2023
Denbury Inc., a Texas exploration, pipeline and carbon sequestration company, has announced two new projects in south Louisiana, marking at least its sixth carbon capture endeavor in the state.The first of the two new projects is a joint venture with Lapis Energy, a Dallas firm... + más
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The Advocate USA Business June 06, 2023
ExxonMobil is donating $2 million to LSU to support carbon capture research, student scholarships and workforce development programs, the company and university announced Tuesday.The energy giant will become a “strategic partner” for LSU’s Institute for Energy Innovation,... + más
ExxonMobil signs another carbon capture deal, this time with Nucor’s Convent iron plant | The Advocate
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The Advocate USA Business June 01, 2023
ExxonMobil has signed a deal with Nucor Corp. to capture and transport up to 800,000 metric tons per year of carbon dioxide from Nucor’s iron plant in Convent to an ExxonMobil-owned site in Vermilion Parish.That's the same location where ExxonMobil also plans to sequester... + más
Inside a $864K fight between a cash-strapped rural parish and a troubled iron plant | The Advocate
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Associated Press USA Business April 08, 2023
SATARTIA, Miss. (AP) — Transportation regulators entered into a federal order with a carbon dioxide pipeline company three years after its pipeline , prompting the evacuation of hundreds and sending dozens of people to the hospital. Over 40 people received hospital treatment,... + más
Keystone pipeline faces new rules after major oil spill | ABC News
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The Advocate USA Business November 16, 2022
In another move that could boost the Baton Rouge area’s move toward a cleaner industrial corridor, a Texas-based energy startup on Monday announced it will consider a 1,700-acre site on the Mississippi River’s west bank in Ascension Parish for a $7.5 billion hydrogen-ammonia... + más
Ammonia leak at CF Industries prompts school evacuation, highway closures in Donaldsonville | The Advocate
Ascension Parish eyed for $7.5 billion 'blue' ammonia plant from Texas energy startup | The Advocate
The Advocate USA Business October 31, 2022
Prairieville traffic fix on hold while Ascension Parish, DEMCO fight over power lines. | The Advocate
Our Views: Keeping carbon out of the atmosphere is a welcome goal from industry | The Advocate
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