Exxon Inks Another Carbon Capture Deal With CF Industries

Exxon this week sealed its fourth carbon capture and storage deal, this time with ammonia producer CF Industries. Under the deal, Exxon will capture and store half a million tons of carbon dioxide from a CF Industries facility in Mississippi, starting in 2028. The deal will enable CF Industries to reduce emissions from the site by 50%, the supermajor said. The deal, which is the fourth CCS contract for Exxon and the second such deal with CF Industries, will bring the total amount of carbon dioxide it would be capturing and storing to 5.5 million…