ExxonMobil Holdings Corp. won approval for its Rose carbon-capture project in Texas, allowing the company to move ahead with the emission-reducing development that could be among the biggest of its kind.
The Railroad Commission of Texas, the state’s primary oil and natural gas regulator, approved a permit to inject carbon dioxide underground with two commissioners voting in support and one against, according to a statement release by dissenting member Wayne Christian.
The permit allows ExxonMobil to inject as much as 53 million tons of carbon dioxide over a 13-year period from industrial emitters along the Gulf Coast into rock strata about one mile (1.6 kilometers) underground for permanent storage.
ExxonMobil didn’t immediately respond to a request for comment.
Topics Texas
Was this article valuable?
Here are more articles you may enjoy.
US P/C Insurers See Fewer Ratings Downgrades in H1 2026 on Improved Performance 
Industry Reacts to Senators’ Letter for Claims Data and Recent Reports 
Florida Commissioner Suspends A-Cap’s Atlantic Coast Life Over Surplus Issues 
Miami Project Sells $1.7 Billion of Condos Before It’s Built 
