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CEO Darren Woods: Exxon's Early Lithium Production Efforts 'Promising'

The U.S. oil giant has quietly evaluated opportunities to produce lithium from subsurface brine water in Arkansas—a process Exxon says is an extension of its current upstream capabilities.

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Denbury shareholders approve merger with Exxon Mobil

Denbury shareholders approve merger with Exxon Mobil
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Denbury shareholders approve merger with Exxon Mobil

(Reuters) - Denbury said on Tuesday its shareholders approved the company's merger with Exxon Mobil, with the deal closing expected on Nov. 2. Exxon M...

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Carbon pipeline operator Denbury considered over 28 proposals prior to ExxonMobil deal

The latest oil and gas news, dedicated to all things oil and gas: people, technologies, transactions, trends, and macro-economic analysis that impact commodity prices.

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Denbury Entertained 28 Potential Buyers Prior to Exxon Deal

Denbury Entertained 28 Potential Buyers Prior to Exxon Deal
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CEO Darren Woods: Exxon Mobil Can Produce Lithium at 'Much Lower Cost'

Exxon Mobil is investing $17 billion in low-carbon businesses like carbon capture, hydrogen and biofuels. But the U.S. supermajor is also considering lithium production, CEO Darren Woods told analysts.

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ExxonMobil to buy Denbury for US$4.9b in carbon storage bet

ExxonMobil to buy Denbury for US$4.9b in carbon storage bet
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Exxon to buy Denbury for $4.9bn in CO2 pipeline push

Exxon to buy Denbury for $4.9bn in CO2 pipeline push
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Exxon to buy Denbury in $4.9 billion deal

Exxon Mobil Corp said on Thursday it would buy Denbury Inc in an all-stock transaction valued at $4.9 billion.

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Exxon's $4.9 billion Denbury deal boosts energy transition plans

HOUSTON (Reuters) -Exxon Mobil Corp on Thursday agreed to buy Denbury Inc for $4.9 billion, acquiring a company with a substantial carbon dioxide (CO2) sequestration operation that could accelerate its nascent energy transition business.

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