XOM · News · 20260807N
Gulf Coast Carbon Network
ExxonMobil Holdings Corp · 2026-08-07 · Importance 31 · Surprise 42
ExxonMobil is developing a Gulf Coast carbon-management network described as a “carbon superhighway.” The system would connect multiple CO2 emitters with storage sites and industrial customers rather than relying on isolated point-to-point CCS projects. Captured CO2 could be routed to permanent storage, enhanced oil recovery or industrial uses, with the network designed to add projects over time.
Key facts
- Exxon Mobil is developing a 'carbon superhighway' along the Gulf Coast to connect multiple CO2 emitters to various storage sites and customers for flexible CO2 routing to permanent storage, enhanced oil recovery, or industrial uses. source