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ExxonMobil to acquire CCS solutions company Denbury for $4.9B

Green Car Congress

Exxon Mobil has entered into a definitive agreement to acquire Denbury Inc., an experienced developer of carbon capture, utilization and storage (CCS) solutions and enhanced oil recovery. The acquisition is an all-stock transaction valued at $4.9 billion, or $89.45 per share based on ExxonMobil’s closing price on 12 July 2023.

Companies 195
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Chevron, Bunge announce proposed JV for soybean feedstocks for renewable fuels

Green Car Congress

Bunge is expected to contribute its soybean processing facilities in Destrehan, Louisiana, and Cairo, Illinois, and Chevron is expected to contribute approximately $600 million in cash to the joint venture.

Chevron 186
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NuStar, EOG Resources to build rail offloading facility in Louisiana for expanded transportation and storage of shale play crudes

Green Car Congress

NuStar Logistics, EOG Resources Rail Yard (Louisiana) LLC and EOG Resources Marketing, Inc. have entered into a definitive agreement to develop, build and own jointly a 70,000-barrel-per-day unit train offloading facility at NuStar’s crude oil terminal in St. both subsidiaries of EOG Resources, Inc.) NuStar Energy L.P.

Louisiana 186
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Denbury to Acquire Encore for $4.5B Transaction; Creates One of the Largest Crude Oil Upstream North American Independents and One of the Largest CO2 EOR Platforms

Green Car Congress

and Encore Acquisition Company have entered into a definitive merger agreement pursuant to which Denbury will acquire Encore in a transaction valued at approximately $4.5 The transaction positions Denbury as one of the largest crude oil-focused, independent North American exploration and production companies. Denbury Resources Inc.

Oil 186
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Kinder Morgan to purchase shale gas assets for $920M and build $220M crude/condensate pipeline

Green Car Congress

In addition to our Natural Gas business segment, which will benefit from the acquisition, our Products Pipelines segment will realize growth from the construction and operation of the new pipeline that will transport condensate and crude oil. Kinder Morgan Energy Partners, L.P. Bcf per day. Throughput is expected to reach 1.2

Gas 186
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Starlink Maritime is now available for ocean-going vessels.

Teslarati

Starlink Maritime is primarily for all types of sea-going vessels including merchant vessels, oil rigs, and even premium yachts. As someone who lives in a state that has hurricane season, I’m sure these ocean storms will definitely put Starlink to the ultimate test. And it’s not just ships and boats that would benefit.

Available 101
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EAA National Board nominations from across North America

Electric Auto Association

He recognizes the diminishing power of the oil and gas industry, and embraces the imminent future of electrically powered transportation. I am definitely invested in EV adoption and can connect with engineers and media because of my background in EV ownership and my master’s in mechanical engineering.