{"id":840775,"date":"2025-04-23T10:55:08","date_gmt":"2025-04-23T14:55:08","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/calpine-exxonmobil-sign-co2-transportation-and-storage-agreement-for-power-generation-project\/"},"modified":"2025-04-23T10:55:08","modified_gmt":"2025-04-23T14:55:08","slug":"calpine-exxonmobil-sign-co2-transportation-and-storage-agreement-for-power-generation-project","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/calpine-exxonmobil-sign-co2-transportation-and-storage-agreement-for-power-generation-project\/","title":{"rendered":"Calpine, ExxonMobil Sign CO2 Transportation and Storage Agreement for Power Generation Project"},"content":{"rendered":"<p>        <!--.bwalignc { text-align: center; list-style-position: inside }\n.bwlistdisc { list-style-type: disc }body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p class=\"bwalignc\"><b>Calpine, ExxonMobil Sign CO<sub>2 <\/sub>Transportation and Storage Agreement for Power Generation Project<\/b><\/p>\n<ul class=\"bwlistdisc\">\n<li>\nExxonMobil to transport and store up to 2 million metric tons per year of CO<sub>2<\/sub> from Calpine\u2019s natural gas power generation facility\n<\/li>\n<li>\nCalpine plans to produce ~500 megawatts of reliable low-carbon electricity, enough to power more than 500,000 homes\u00a0\n<\/li>\n<li>\nProject expected to bolster U.S. energy, strengthen industry competitiveness, and create jobs\n<\/li>\n<\/ul>\n<p>SPRING, Texas&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<br \/>\nExxon Mobil Corporation (NYSE: XOM) announced an agreement with Calpine Corporation, the nation\u2019s largest producer of electricity from natural gas, to transport and permanently store up to 2 million metric tons per annum (MTA) of CO<sub>2<\/sub> from Calpine\u2019s Baytown Energy Center, a cogeneration facility near Houston. This is part of Calpine\u2019s Baytown Carbon Capture and Storage (CCS) Project that is designed to capture the facility\u2019s CO<sub>2<\/sub> emissions, enabling the 24\/7 supply of low-carbon electricity to Texas customers as well as steam to nearby industrial facilities.\n<\/p>\n<p>\nThis agreement marks ExxonMobil\u2019s sixth CCS customer, bringing the company\u2019s total amount of CO<sub>2 <\/sub>under contract to ~16 MTA. The CO<sub>2<\/sub> from Calpine\u2019s facility will tie into ExxonMobil\u2019s CO<sub>2 <\/sub>pipeline system, the largest in the world, which is strategically located along the U.S. Gulf Coast and supports enhanced oil recovery as well as permanent CO<sub>2 <\/sub>sequestration.\n<\/p>\n<p>\n&#8220;We\u2019re thrilled to work with Calpine on this project that supports American energy security, enhances industrial competitiveness and leverages America\u2019s abundant low-cost natural gas resources,&#8221; said Barry Engle, President of ExxonMobil Low Carbon Solutions. \u201cThis agreement underscores the growing confidence our customers across diverse sectors\u2014including steel, fertilizer, industrial gases, natural gas processing, and now power generation\u2014have in our unique end-to-end CCS system.\u201d\n<\/p>\n<p>\nCalpine\u2019s Baytown CCS Project expects to produce about 500 megawatts of low-carbon electricity, enough to power more than 500,000 homes, as well as steam for industrial use. Engineering, permitting, and other development activities are underway. The project anticipates creating significant construction and permanent jobs.\n<\/p>\n<p>\n\u201cCalpine is excited to partner with ExxonMobil to achieve this important project milestone,\u201d said Caleb Stephenson, Calpine Executive Vice President. \u201cAs the largest U.S. generator of electricity from natural gas, we understand that the nation\u2019s gas fleet will remain the backbone of the grid for decades to come. We believe CCS is an actionable and cost-effective way to meet customers&#8217; demand for reliable power and alleviate concerns about the indisputable long-term need for gas-fired facilities. Low-cost natural gas along with carbon capture technology and widespread geologic storage resources can bolster U.S. energy, natural gas use, jobs, and export strength.\n<\/p>\n<p>\n\u201cWe\u2019re grateful to the Trump administration for championing expanded energy and electricity production to power America\u2019s economy and to the Department of Energy for its longstanding role in power sector and CCS technology advancement. This support has allowed us to expand our investments in power infrastructure including our recently acquired Quail Run Energy Center in the Permian as well as additional generation and storage projects across the country. We believe we are on the brink of commercializing CCS technology,\u201d said Stephenson.\n<\/p>\n<p>\nThe advancement of this project remains contingent on ongoing supportive government policy, customer power sales agreements, and receipt of necessary regulatory permits.\n<\/p>\n<p><b>About ExxonMobil<\/b><\/p>\n<p>\nExxonMobil, one of the largest publicly traded international energy and petrochemical companies, creates solutions that improve quality of life and meet society\u2019s evolving needs.\n<\/p>\n<p>\nThe corporation\u2019s primary businesses &#8211; Upstream, Product Solutions and Low Carbon Solutions \u2013 provide products that enable modern life, including energy, chemicals, lubricants, and lower emissions technologies. ExxonMobil holds an industry-leading portfolio of resources, and is one of the largest integrated fuels, lubricants, and chemical companies in the world. ExxonMobil also owns and operates the largest CO<sub>2<\/sub> pipeline network in the United States. In 2021, ExxonMobil announced Scope 1 and 2 greenhouse gas emission-reduction plans for 2030 for operated assets, compared to 2016 levels. The plans are to achieve a 20-30% reduction in corporate-wide greenhouse gas intensity; a 40-50% reduction in greenhouse gas intensity of upstream operations; a 70-80% reduction in corporate-wide methane intensity; and a 60-70% reduction in corporate-wide flaring intensity.\n<\/p>\n<p>\nWith advancements in technology and the support of clear and consistent government policies, ExxonMobil aims to achieve net-zero Scope 1 and 2 greenhouse gas emissions from its operated assets by 2050. To learn more, visit <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fcorporate.exxonmobil.com%2F&amp;esheet=54242403&amp;newsitemid=20250423413655&amp;lan=en-US&amp;anchor=exxonmobil.com&amp;index=1&amp;md5=531ea1d9ed6f4b23f5c06ca27620f063\">exxonmobil.com<\/a> and <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fcorporate.exxonmobil.com%2Fwhat-we-do%2Fdelivering-industrial-solutions%2Fadvancing-climate-solutions&amp;esheet=54242403&amp;newsitemid=20250423413655&amp;lan=en-US&amp;anchor=ExxonMobil%26%238217%3Bs+Advancing+Climate+Solutions&amp;index=2&amp;md5=2ff3ca30d1afe78eb33c093ba7af32fd\">ExxonMobil\u2019s Advancing Climate Solutions<\/a>.\n<\/p>\n<p>\nFollow us on <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.linkedin.com%2Fcompany%2Fexxonmobil&amp;esheet=54242403&amp;newsitemid=20250423413655&amp;lan=en-US&amp;anchor=LinkedIn&amp;index=3&amp;md5=dba4af87f99d730a4e755ed51c675425\">LinkedIn<\/a><\/p>\n<p><b>About Calpine<\/b><\/p>\n<p>\nCalpine Corporation is America\u2019s largest generator of electricity from natural gas and geothermal resources with operations in competitive power markets. Our fleet of 79 energy facilities in operation represents over 27,000 megawatts of generation capacity. Through wholesale power operations and our retail businesses, we serve customers in 22 states and Canada. Our clean, efficient, modern and flexible fleet uses advanced technologies to generate power in a low-carbon and environmentally responsible manner. We are uniquely positioned to benefit from the secular trends affecting our industry, including the abundant and affordable supply of clean natural gas, environmental regulation, aging power generation infrastructure and the increasing need for dispatchable power plants to successfully integrate intermittent renewables into the grid.\n<\/p>\n<p>\nIf you would like to learn more about Calpine, follow us: Twitter.com\/Calpine or Linkedin.com\/Calpine.\n<\/p>\n<p><b>Cautionary Statement<\/b><\/p>\n<p>\nStatements of future events, investments, collaborations or projects in this release are forward-looking statements. Actual future results, including project plans, timing, capacities, and costs could vary depending on the ability to execute operational objectives on a timely and successful basis; implementation of federal and state government frameworks and permitting for carbon capture and storage and other lower-emission technologies; timely completion of construction projects; commercial and consumer interest in lower-emissions opportunities; changes in plans or objectives prior to final funding decisions or project startups; unforeseen technical or operational difficulties; and other market factors including changes in supply and demand for natural gas, government tariffs and factors affecting future prices of natural gas; and other factors discussed in this release and in Item 1A. Risk Factors of ExxonMobil\u2019s Annual Report on Form 10-K and under the heading \u201cFactors Affecting Future Results\u201d available through the Investors page of ExxonMobil\u2019s website at exxonmobil.com. Any forward-looking statement speaks only as of the date of this press release and the companies named herein disclaim any obligation to update any forward-looking statement.\n<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20250423413655r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20250423413655\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20250423413655\/en\/<\/a><\/span><\/p>\n<p>\nExxonMobil Media Relations<br \/>\n<br \/>(737) 272-1452\n<\/p>\n<p>\nCalpine Media Relations<br \/>\n<br \/>Brett Kerr<br \/>\n<br \/>(713) 830-8809\n<\/p>\n<p><b>KEYWORDS:<\/b> United States North America Texas<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Oil\/Gas Energy Logistics\/Supply Chain Management Transport Other Energy<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\">\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Logo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20250423413655\/en\/513202\/3\/USE_THIS_exmo_red.jpg\" alt=\"Logo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>Calpine, ExxonMobil Sign CO2 Transportation and Storage Agreement for Power Generation Project ExxonMobil to transport and store up to 2 million metric tons per year of CO2 from Calpine\u2019s natural gas power generation facility Calpine plans to produce ~500 megawatts of reliable low-carbon electricity, enough to power more than 500,000 homes\u00a0 Project expected to bolster U.S. energy, strengthen industry competitiveness, and create jobs SPRING, Texas&#8211;(BUSINESS WIRE)&#8211; Exxon Mobil Corporation (NYSE: XOM) announced an agreement with Calpine Corporation, the nation\u2019s largest producer of electricity from natural gas, to transport and permanently store up to 2 million metric tons per annum (MTA) of CO2 from Calpine\u2019s Baytown Energy Center, a cogeneration facility near Houston. This is part of Calpine\u2019s Baytown Carbon Capture &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/calpine-exxonmobil-sign-co2-transportation-and-storage-agreement-for-power-generation-project\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Calpine, ExxonMobil Sign CO2 Transportation and Storage Agreement for Power Generation Project&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-840775","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.9 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Calpine, ExxonMobil Sign CO2 Transportation and Storage Agreement for Power Generation Project - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/calpine-exxonmobil-sign-co2-transportation-and-storage-agreement-for-power-generation-project\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Calpine, ExxonMobil Sign CO2 Transportation and Storage Agreement for Power Generation Project - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Calpine, ExxonMobil Sign CO2 Transportation and Storage Agreement for Power Generation Project ExxonMobil to transport and store up to 2 million metric tons per year of CO2 from Calpine\u2019s natural gas power generation facility Calpine plans to produce ~500 megawatts of reliable low-carbon electricity, enough to power more than 500,000 homes\u00a0 Project expected to bolster U.S. energy, strengthen industry competitiveness, and create jobs SPRING, Texas&#8211;(BUSINESS WIRE)&#8211; Exxon Mobil Corporation (NYSE: XOM) announced an agreement with Calpine Corporation, the nation\u2019s largest producer of electricity from natural gas, to transport and permanently store up to 2 million metric tons per annum (MTA) of CO2 from Calpine\u2019s Baytown Energy Center, a cogeneration facility near Houston. This is part of Calpine\u2019s Baytown Carbon Capture &hellip; Continue reading &quot;Calpine, ExxonMobil Sign CO2 Transportation and Storage Agreement for Power Generation Project&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/calpine-exxonmobil-sign-co2-transportation-and-storage-agreement-for-power-generation-project\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2025-04-23T14:55:08+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20250423413655r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"5 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/calpine-exxonmobil-sign-co2-transportation-and-storage-agreement-for-power-generation-project\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/calpine-exxonmobil-sign-co2-transportation-and-storage-agreement-for-power-generation-project\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Calpine, ExxonMobil Sign CO2 Transportation and Storage Agreement for Power Generation Project\",\"datePublished\":\"2025-04-23T14:55:08+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/calpine-exxonmobil-sign-co2-transportation-and-storage-agreement-for-power-generation-project\\\/\"},\"wordCount\":1087,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/calpine-exxonmobil-sign-co2-transportation-and-storage-agreement-for-power-generation-project\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/cts.businesswire.com\\\/ct\\\/CT?id=bwnews&amp;sty=20250423413655r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/calpine-exxonmobil-sign-co2-transportation-and-storage-agreement-for-power-generation-project\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/calpine-exxonmobil-sign-co2-transportation-and-storage-agreement-for-power-generation-project\\\/\",\"name\":\"Calpine, ExxonMobil Sign CO2 Transportation and Storage Agreement for Power Generation Project - Market Newsdesk\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/calpine-exxonmobil-sign-co2-transportation-and-storage-agreement-for-power-generation-project\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/calpine-exxonmobil-sign-co2-transportation-and-storage-agreement-for-power-generation-project\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/cts.businesswire.com\\\/ct\\\/CT?id=bwnews&amp;sty=20250423413655r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\",\"datePublished\":\"2025-04-23T14:55:08+00:00\",\"author\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"breadcrumb\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/calpine-exxonmobil-sign-co2-transportation-and-storage-agreement-for-power-generation-project\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/calpine-exxonmobil-sign-co2-transportation-and-storage-agreement-for-power-generation-project\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/calpine-exxonmobil-sign-co2-transportation-and-storage-agreement-for-power-generation-project\\\/#primaryimage\",\"url\":\"https:\\\/\\\/cts.businesswire.com\\\/ct\\\/CT?id=bwnews&amp;sty=20250423413655r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\",\"contentUrl\":\"https:\\\/\\\/cts.businesswire.com\\\/ct\\\/CT?id=bwnews&amp;sty=20250423413655r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/calpine-exxonmobil-sign-co2-transportation-and-storage-agreement-for-power-generation-project\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Calpine, ExxonMobil Sign CO2 Transportation and Storage Agreement for Power Generation Project\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#website\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/\",\"name\":\"Market Newsdesk\",\"description\":\"Latest Business News in Real Time\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\",\"name\":\"Newsdesk\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/a0d0bd5b0f0ca12a265a459b13169dac35f33776d8501eda5e68844a366f2f46?s=96&d=mm&r=g\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/a0d0bd5b0f0ca12a265a459b13169dac35f33776d8501eda5e68844a366f2f46?s=96&d=mm&r=g\",\"contentUrl\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/a0d0bd5b0f0ca12a265a459b13169dac35f33776d8501eda5e68844a366f2f46?s=96&d=mm&r=g\",\"caption\":\"Newsdesk\"},\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/author\\\/newsdesk\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Calpine, ExxonMobil Sign CO2 Transportation and Storage Agreement for Power Generation Project - Market Newsdesk","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.marketnewsdesk.com\/index.php\/calpine-exxonmobil-sign-co2-transportation-and-storage-agreement-for-power-generation-project\/","og_locale":"en_US","og_type":"article","og_title":"Calpine, ExxonMobil Sign CO2 Transportation and Storage Agreement for Power Generation Project - Market Newsdesk","og_description":"Calpine, ExxonMobil Sign CO2 Transportation and Storage Agreement for Power Generation Project ExxonMobil to transport and store up to 2 million metric tons per year of CO2 from Calpine\u2019s natural gas power generation facility Calpine plans to produce ~500 megawatts of reliable low-carbon electricity, enough to power more than 500,000 homes\u00a0 Project expected to bolster U.S. energy, strengthen industry competitiveness, and create jobs SPRING, Texas&#8211;(BUSINESS WIRE)&#8211; Exxon Mobil Corporation (NYSE: XOM) announced an agreement with Calpine Corporation, the nation\u2019s largest producer of electricity from natural gas, to transport and permanently store up to 2 million metric tons per annum (MTA) of CO2 from Calpine\u2019s Baytown Energy Center, a cogeneration facility near Houston. This is part of Calpine\u2019s Baytown Carbon Capture &hellip; Continue reading \"Calpine, ExxonMobil Sign CO2 Transportation and Storage Agreement for Power Generation Project\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/calpine-exxonmobil-sign-co2-transportation-and-storage-agreement-for-power-generation-project\/","og_site_name":"Market Newsdesk","article_published_time":"2025-04-23T14:55:08+00:00","og_image":[{"url":"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20250423413655r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"5 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/calpine-exxonmobil-sign-co2-transportation-and-storage-agreement-for-power-generation-project\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/calpine-exxonmobil-sign-co2-transportation-and-storage-agreement-for-power-generation-project\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"Calpine, ExxonMobil Sign CO2 Transportation and Storage Agreement for Power Generation Project","datePublished":"2025-04-23T14:55:08+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/calpine-exxonmobil-sign-co2-transportation-and-storage-agreement-for-power-generation-project\/"},"wordCount":1087,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/calpine-exxonmobil-sign-co2-transportation-and-storage-agreement-for-power-generation-project\/#primaryimage"},"thumbnailUrl":"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20250423413655r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/calpine-exxonmobil-sign-co2-transportation-and-storage-agreement-for-power-generation-project\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/calpine-exxonmobil-sign-co2-transportation-and-storage-agreement-for-power-generation-project\/","name":"Calpine, ExxonMobil Sign CO2 Transportation and Storage Agreement for Power Generation Project - Market Newsdesk","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/calpine-exxonmobil-sign-co2-transportation-and-storage-agreement-for-power-generation-project\/#primaryimage"},"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/calpine-exxonmobil-sign-co2-transportation-and-storage-agreement-for-power-generation-project\/#primaryimage"},"thumbnailUrl":"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20250423413655r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en","datePublished":"2025-04-23T14:55:08+00:00","author":{"@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"breadcrumb":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/calpine-exxonmobil-sign-co2-transportation-and-storage-agreement-for-power-generation-project\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.marketnewsdesk.com\/index.php\/calpine-exxonmobil-sign-co2-transportation-and-storage-agreement-for-power-generation-project\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/calpine-exxonmobil-sign-co2-transportation-and-storage-agreement-for-power-generation-project\/#primaryimage","url":"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20250423413655r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en","contentUrl":"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20250423413655r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en"},{"@type":"BreadcrumbList","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/calpine-exxonmobil-sign-co2-transportation-and-storage-agreement-for-power-generation-project\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.marketnewsdesk.com\/"},{"@type":"ListItem","position":2,"name":"Calpine, ExxonMobil Sign CO2 Transportation and Storage Agreement for Power Generation Project"}]},{"@type":"WebSite","@id":"https:\/\/www.marketnewsdesk.com\/#website","url":"https:\/\/www.marketnewsdesk.com\/","name":"Market Newsdesk","description":"Latest Business News in Real Time","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.marketnewsdesk.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979","name":"Newsdesk","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/a0d0bd5b0f0ca12a265a459b13169dac35f33776d8501eda5e68844a366f2f46?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/a0d0bd5b0f0ca12a265a459b13169dac35f33776d8501eda5e68844a366f2f46?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/a0d0bd5b0f0ca12a265a459b13169dac35f33776d8501eda5e68844a366f2f46?s=96&d=mm&r=g","caption":"Newsdesk"},"url":"https:\/\/www.marketnewsdesk.com\/index.php\/author\/newsdesk\/"}]}},"_links":{"self":[{"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/posts\/840775","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/comments?post=840775"}],"version-history":[{"count":0,"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/posts\/840775\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/media?parent=840775"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/categories?post=840775"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/tags?post=840775"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}