ExxonMobil in the Crosshairs: The Trump Administration Is Cutting Funding for Projects Aimed at Capturing a Potential $4 ...

ExxonMobil and Calpine Corporation have entered into an agreement to transport and permanently store up to 2 million metric tons per year of CO2 from the Calpine natural gas-fired power plant. This is ...

ExxonMobil declined to comment. Upstream has also approached Technip Energies, LanzaTech, Orsted and Calpine for comment.

2025--Exxon Mobil Corporation (NYSE: XOM) announced an agreement with Calpine Corporation, the nation’s largest producer of electricity from natural gas, to transport and permanently store up to ...

including more than $330 million designated for Exxon Mobil's clean hydrogen complex in Baytown. In all, 24 projects will lose federal funding, including $270 million for Calpine's carbon storage ...

Calpine was to be ExxonMobil’s sixth carbon and capture storage customer, utilizing ExxonMobil’s largest-in-the-world pipeline system and its planned carbon storage location on a 271,000 acres of ...

The Department of Energy has canceled 24 awards totaling over $3.7 billion to energy transition projects nationwide.

DOE said it concluded the projects "failed to advance the energy needs of the American people," and "were not economically viable." ...

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