offshore carbon storage News

Exxon Granted Largest US Offshore Carbon Storage Site in Texas

Exxon Mobil Corp. won the right to pump carbon dioxide beneath Texas state waters in the Gulf of Mexico, in what will be the largest concession of its kind in the US. The lease granted by the Texas General Land …

Britain Awards 20 Offshore Carbon Storage Licenses

Twelve companies were awarded a total of 20 licenses to develop carbon dioxide (CO2) storage offshore, in Britain’s first licensing round for such projects, the North Sea Transition Authority (NSTA) said on Thursday. Britain aims to use carbon capture and …