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Exxon unveils low-carbon plan to power data centers
Exxon unveils low-carbon plan to power data centers; eyes $140B in Permian Basin capex
Exxon Mobil (NYSE:XOM) is designing a natural-gas fired power plant to help fuel data centers that will use carbon capture and storage equipment with the ability to capture more than 90% of its carbon emissions,
Exxon Plans to Sell Electricity to Data Centers
The country’s largest oil company is designing a natural gas power plant outfitted with carbon capture technology to meet the voracious power demand of technology companies.
Exxon Is Exploring Low-Carbon Power Supplies for Data Centers
Exxon Mobil Corp. is working to provide emission-free electricity to data centers by equipping a large natural gas-fired power plant with carbon-capture equipment. Most Read from BloombergBrace for a Nationwide Shuffle of Corporate HeadquartersCloud Computing Tax Threatens Chicago’s Silicon Valley DreamSan Francisco,
Exxon Mobil explores natural gas-fired power plants to power data centers
This would be the first time Exxon built a power plant that wasn’t intended to power its own operations, the New York Times reported.
2h
on MSN
Federal appeals court upholds $14.25 million fine against Exxon for pollution in Texas
A federal court on Wednesday affirmed a federal judge’s 2021 ruling imposing a $14.25 million penalty on Exxon Mobil for ...
Opinion
3h
Opinion
Exxon's AI Power Play Aims to Beat Nuclear
To most of us, a power plant is a source of electricity. To Exxon Mobil Corp., it’s a machine that converts natural gas into ...
6h
US senators, green groups call for accountability over hacking of Exxon critics
Two Democratic senators and a host of environmental groups have called for investigations and accountability following a ...
1h
Exxon Has A Differentiated Permian Position Post-Pioneer Deal: Goldman Sachs Analyst
Neutral rating and $125 price target by Goldman Sachs analyst, Exxon Mobil plans to increase earnings and cash flow by $20 ...
Opinion
1d
Opinion
Exxon Mobil Plots the Way Back to a League of Its Own
The oil giant plans to spend more than rivals on both exploration and shareholder payouts. Javier Blas is a Bloomberg Opinion ...
17h
on MSN
Exxon wants to extract its value from Hess Guyana assets, CEO says
HOUSTON (Reuters) -Exxon Mobil want to "participate" in Hess Corp.'s sale of its Guyana oil production assets, and extract ...
1h
Exxon Mobil Vs. Diamondback Energy: Only One Is A Compelling Buy
Diamondback Energy and Exxon Mobil have strong shareholder capital return programs. Read more on which energy producer stands ...
1d
Exxon: Longer Laterals, Cube Well Design Lowering Permian Costs
Exxon Mobil is boosting spending to grow global oil and gas production by 18% by 2030. U.S. rival Chevron Corp. recently said ...
19h
Exxon can't shake $14.25 mln penalty for air pollution at Texas refinery
A sharply divided federal appeals court on Wednesday rejected ExxonMobil Corp's bid to overturn a $14.25 million civil ...
22h
on MSN
Exxon Mobil Targets 10% Annual Earnings Growth Through 2030
The biggest U.S. oil company laid out a six-year strategic plan in which it it plans to grow earnings at a compound annual ...
22h
Why Exxon Mobil Corporation (XOM) Is One of the Most Profitable Natural Gas Stocks To Invest In?
We recently published a list of 8 Most Profitable Natural Gas Stocks To Invest In. In this article, we are going to look at ...
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