Exxon Mobil (XOM) said Monday it has started commercial operation of a carbon capture and storage project with ammonia producer CF Industries (CF) in Louisiana, with plans to transport and store up to 2M metric tons/year of carbon dioxide from CF’s Donaldsonville complex.
Exxon (XOM) also said it has signed agreements with AtmosClear and Lake Charles Methanol II to transport and store up to a combined 2M metric tons/year of CO2 emissions from their respective projects in Louisiana, bringing Exxon’s CCS portfolio to six customers and ~9M tons/year of CO2 contracted.
Exxon (XOM) plans to advance multiple CCS developments across Texas and Louisiana and is targeting a final investment decision on its first low-carbon data center by the end of 2026.
Additionally, the company said it is scheduled to begin capturing CO2 from the New Generation Gas Gathering natural gas processing facility in Louisiana and expects to start CCS operations with Linde (LIN) and Nucor (NUE) later this year.