Research and innovation

Carbon capture and storage (CCS)

With a working interest in approximately one-fifth of the world’s total carbon capture capacity, ExxonMobil is a leader in one of the most important next-generation low-greenhouse gas emissions technologies, capturing about 7 million tonnes per year of CO2. Since 1970, ExxonMobil has cumulatively captured more CO2 than any other company — accounting for more than 40 percent of cumulative CO2 captured.

CCS Technology Development

Reducing emissions with carbon capture technology

Carbon capture and storage (also referred to sometimes as carbon capture and sequestration) is the process by which carbon dioxide from power-plant combustion and other industrial sources that would otherwise be released into the atmosphere is captured, compressed and injected into underground geologic formations for safe, secure and permanent storage.

ExxonMobil is working to develop new CO2 capture technologies with a goal of reducing costs, complexity of operation and need for large initial capital allocations. For example, ExxonMobil and FuelCell Energy, Inc., have partnered to develop CO2 capture technologies using carbonate fuel cells. These novel approaches have the potential to be less costly and easier to operate than existing technologies, while being deployable in a modular fashion with applicability to multiple industry settings.

ExxonMobil is also developing sub-surface CO2 storage capability by leveraging decades of experience in the exploration, development, and production of hydrocarbon resources. This expertise is key to permanently storing CO2 deep underground in a safe and secure fashion.

Research and development highlights
Breakthroughs like the deployment of carbonate fuel cells at power plants are essential for reducing emissions, while at the same time increasing power generation and limiting costs to consumers.
Dr. Vijay Swarup
Dr. Vijay Swarup

Vice president for research and development at ExxonMobil

6.6M

metric tons of carbon dioxide were captured by ExxonMobil for storage in 2017

All articles about carbon capture and storage

ExxonMobil collaborates on discovery of new material to enhance carbon capture technology IRVING, Texas – Scientists from ExxonMobil, University of California, Berkeley and Lawrence Berkeley National Laboratory have discovered a new material that could capture more than 90 percent of CO2 emitted from industrial sources, such as natural gas-fired power plants, using low-temperature steam, requiring less energy for the overall carbon capture process.

Newsroom News July 24, 2020

Solving the dual challenge: It takes patience and passion ExxonMobil’s role in helping society meet the dual challenge is to supply the affordable and reliable energy the world needs while reducing environmental impacts. Doing that takes long-term research and a dedication to turning promising innovations into scalable solutions.

Energy and environment Energy Factor July 23, 2020

Renewing breakthrough research with Princeton University energy center ExxonMobil and Princeton University’s Andlinger Center for Energy and the Environment are extending their research partnership to support new programs to advance breakthrough energy technologies like power generation and CO2 capture research.

Research partners Energy Factor July 2, 2020

Partnering for efficiency When it comes to carbon capture and storage (CCS) research, scientists focus on a key word: efficiency.

Carbon capture Energy Factor Nov. 6, 2019

ExxonMobil, FuelCell Energy expand agreement for carbon capture technology IRVING, Texas and DANBURY, Connecticut – ExxonMobil and FuelCell Energy, Inc. said today they have signed a new, two-year expanded joint-development agreement to further enhance carbonate fuel cell technology for the purpose of capturing carbon dioxide from industrial facilities.

Newsroom News Nov. 6, 2019