ExxonMobil is growing its CCS business
ExxonMobil agrees second CCS deal with CF Industries
Project with world’s largest ammonia producer brings US oil major’s third-party CCS portfolio to 5.5mt/yr
ExxonMobil has signed its second major CCS agreement with fertiliser manufacturer CF Industries in a further sign of the oil major’s intent to build a market-leading carbon management business serving third-party industrial customers. Under the latest deal, ExxonMobil will transport and permanently store up to 500,000t/yr of CO₂ captured from CF complex in Yazoo City, Mississippi, which makes nitrogen products for agricultural fertiliser and other products. The project will enable CF, the world’s largest producer of ammonia, to reduce the Yazoo City site’s CO₂ emissions by up to about 50%. Startup is planned for 2028. The agreement, its fourth with an industrial emitter, brings ExxonMobil’s
Also in this section
28 November 2025
The launch of the bloc’s emissions trading system in 2005 was a pioneering step, but as the scheme hits 21 its impact as a driver of decarbonisation is still open to debate
18 November 2025
Vicki Hollub, president and CEO of Occidental, has been selected as the 2026 recipient of the Dewhurst Award, the highest honour bestowed by WPC Energy. The Dewhurst Award celebrates exceptional leadership, groundbreaking innovation and a lifetime of significant achievements in sup-port of the development and advancement of the energy industry.
11 November 2025
Transition policies must recognise that significant industrial demand for carbon will continue even as economies hit net zero
6 November 2025
After years of pursuing ideologically driven climate leadership, Western powers are now stepping back under mounting political pressure and rising populist opposition—prompting concern essential climate action could be sidelined
