ExxonMobil Corp. announced this morning it has entered into a definitive agreement to acquire Denbury Inc. in an all-stock transaction valued at $4.9 billion. The acquisition will make ExxonMobil the largest owner and operator of carbon dioxide, or CO2, pipelines in the U.S. at 1,300 miles, with almost 925 miles of that network concentrated in
ExxonMobil to become No. 1 owner-operator of CO2 pipelines in U.S. with Denbury purchase
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