XOM · News · 20260916N

Carbon Capture Permit

ExxonMobil Holdings Corp · 2026-09-16 · Importance 47 · Surprise 60 · In source text

The Texas Railroad Commission approved ExxonMobil’s Rose carbon-sequestration project in Jefferson County, Texas. The project is expected to begin operations by early 2027. The permit allows a shift from Gulf Coast carbon-use projects tied to enhanced oil recovery toward permanent carbon dioxide storage, despite a community challenge. The approval creates a regulatory milestone for ExxonMobil’s carbon-capture and storage strategy.

Key facts

• The Rose CCS project is expected to be operational by early 2027. source
• ExxonMobil has received approval from the Texas Railroad Commission for its Rose CCS project in Jefferson County. source
• The permit for the Rose CCS project was granted despite a community challenge. source

Impact estimates