ExxonMobil Pushes for Privacy on Offshore CO2 Storage Lease Details

Exxon Mobil Corporation (XOM) has asked the Texas General Land Office (“GLO”) to withhold the terms of its offshore lease agreement for a significant carbon sequestration project in Texas. In a letter dated Jan. 13, ExxonMobil urged the Attorney General of Texas to instruct the GLO to keep the details private, citing the inclusion of proprietary and confidential commercial and financial information under the Texas Public Information Act.The lease, which ExxonMobil secured in October, covers more than 271,00 ...