Exxon Mobil Explores Technology To Capture Carbon Directly From Air

The Chairman and Chief Executive Officer of Exxon Mobil Darren Woods on Monday said that his company has started a pilot project to capture carbon directly from the air.

He said this on Monday at the 2024 edition of CERAWeek by S&P Global holding in Houston, the United States.

CERAWeek 2024, which is being attended by over 8,000 delegates, 1,400 speakers from 85 countries has as its theme, Multidimensional Energy Transition: Markets, climate, technology and geopolitics.

The conference is growing as the energy industry expands to include cleaner technologies as demand for climate solutions grows.

Direct air capture, which pulls carbon from the atmosphere rather than a smokestack, is the trickier technology in the evolving carbon capture industry.

The project, which is in its pilot stage, would use a brand new technology application that intends to capture carbon more economically from lower concentrations.

Woods also said the Spring-based oil giant has started operations to extract lithium from brine.

Occidental Petroleum has made ambitious moves in the space with the development of its first such facility underway in Ector County.

He raised concerns about the use of carbon capture and storage and hydrogen as a means of reducing greenhouse gas emissions.

Woods said, “All these technologies, in the early stages, you’ve got an idea; you don’t know whether they’ll be successful or not,We’re hopeful that this will be.”