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Energy Technology

ExxonMobil Acquires Denbury for $4.9B

ExxonMobil completed its all-stock acquisition of Denbury valued at $4.9 billion in a bid to strengthen its Low Carbon Solutions business. The deal adds more than 1,300 miles of CO₂ pipelines and access to over 15 onshore CO₂ storage sites, creating the largest owned and operated CO₂ pipeline network in the U.S. The transaction also […]

Mar 24 ·United States