Exxon plans to increase carbon capture at Wyoming facility

Yahoo! Finance Oct 21, 2021 09:39 AM ET

Exxon Mobil said on Thursday it plans to expand carbon capture and storage (CCS) at its LaBarge, Wyoming facility and had started the process for engineering, procurement and construction contracts for the project. The expanded project will capture up to 1 million metric tons of carbon dioxide annually, in addition to the 6-7 million metric tons already being captured at LaBarge. The oil major added that a final decision on the proposed $400 million investment, the latest in multiple expansion...