Bloomberg Businessweek cover image

Exxon to Buy Denbury for $4.9 Billion in Pipeline Push

Bloomberg Businessweek

00:00

ExxonMobil's Carbon Capture Deal Could Help the Company Fight Climate Change

Carbon capture has had a very long history of failure. Exxon is really hoping that this acquisition will help them get it right this time. They've already committed about $17 billion over the next four years to decarbonize their own stuff, as well as other company stuff. So the idea is that they're going to be making a lot of money on this in the future.

Play episode from 03:11
Transcript

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app