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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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ExxonMobil announces acquisition of Denbury

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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Exxon in $4.9B Denbury Deal

The acquisition is an all-stock transaction valued at $4.9 billion.

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ExxonMobil to acquire Denbury for $4.9bn

ExxonMobil Corporation has signed a definitive agreement to acquire carbon capture and storage (CCS) solutions firm Denbury for $4.9bn.

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- ExxonMobil announces acquisition of...

- ExxonMobil announces acquisition of...
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Exxon snaps up carbon capture business

Exxon Mobil Corporation (NYSE:XOM) said it has agreed to buy a firm with carbon storage operations for US$4.9bn in a bid to accelerate its energy transition.

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ExxonMobil to acquire Denbury for USD4.9 billion

Exxon Mobil Corporation is acquiring Denbury Inc., a developer of carbon capture, utilization and storage (CCS) solutions and enhanced oil recovery, for USD4.9 billion.

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ExxonMobil Acquires Denbury Valued at €4.5 Billion

ExxonMobil Acquires Denbury Valued at €4.5 Billion
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ExxonMobil (XOM) Announces Acquisition of Denbury (DEN) in $4.9B Deal, $89.45/Share

ExxonMobil (XOM) Announces Acquisition of Denbury (DEN) in $4.9B Deal, $89.45/Share
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Exxon to Buy Denbury for $4.9 Billion

Subject to regulatory approval, the acquisition is expected to close in the fourth quarter of this year.

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