LNG

The Netherlands has made a final investment decision on the Porthos carbon-dioxide transport and storage system, the first on the continental European Union and involving LNG terminal operator and utility Gasunie, Dutch state-owned gas company Energie Beheer Nederland (EBN) and the Port of Rotterdam Authority.

ExxonMobil Corp., the largest US oil and natural gas major, plans to acquire Denbury Inc., the developer of carbon-capture and storage (CCS) solutions and with assets in the LNG production hub area of the US Gulf Coast, for $4.9 billion in an all-share transaction.