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ExxonMobil targets bringing more CCS projects online in 2026

ExxonMobil has provided an update on its progress in the carbon capture and storage (CCS) space, including milestones reached in 2025, as well as plans for 2026.
ExxonMobil targets bringing more CCS projects online in 2026
January 29, 2026

ExxonMobil has provided an update on its progress in the carbon capture and storage (CCS) space. This includes milestones reached in 2025, as well as plans for 2026.

In a January 26 release, ExxonMobil’s senior vice president of CCS and low carbon solutions, Dominic Genetti, noted that the company’s highlights from 2025 included bringing its first CCS project online. This is the project to transport and store up to 2mn tonnes per year (tpy) of carbon dioxide (CO2) from CF Industries’ Donaldsonville complex in Louisiana.

Genetti said the supermajor had also contracted with AtmosClear and Lake Charles Methanol II to transport and store up to 2mn tpy of CO2 emissions cumulatively from their respective projects in Louisiana in 2025. These partnerships bring ExxonMobil’s CCS portfolio to six customers and roughly 9mn tpy of CO2 contracted. Genetti noted that the company had also grown its portfolio of industries served to include power and methanol, in addition to its previous contracts supporting the steel, ammonia, natural gas processing and industrial gas industries.

Looking ahead to 2026, ExxonMobil is targeting start-up of three new CCS projects across Texas and Louisiana as it also expands its capabilities for capturing CO2 emissions at industrial sources. The company is due to begin capturing CO2 from the New Generation Gas Gathering (NG3) natural gas processing facility in Louisiana. It is also preparing to start up CCS operations for Linde and Nucor this year.

On top of this, the company is working towards a final investment decision (FID) on its first low-carbon data centre (LCDC) by the end of 2026. Data demand is growing exponentially on a global basis, Genetti noted, saying that ExxonMobil was “uniquely” able to address this need with a low-carbon solution using natural gas power generation abated by CCS.

This comes as CCS continues to pick up momentum in the US, particularly on the Gulf Coast. While other industries linked to the energy transition have lost momentum since US President Donald Trump’s return to office, CCS continues to enjoy policy support, making it a popular option for both oil and gas players and other industries seeking to decarbonise without shifting away from their core operations.

 

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