Carbon solutions firm Denbury has signed two deals with separate eFuel producers, as part of a plan to expand its carbon capture, utilisation and storage (CCUS) footprint in the US.
The deals were confirmed today (23rd February) when Denbury made a goal to this year transport and/or store 30 million tonnes per annum of CO2 emissions.
Debury’s first eFuels deal is with HIF Global, a Texas-based firm that plans to build a 200 million gallon per year carbon-neutral eGasoline and eMethanol facility in Matagorda County.
Together, Denbury and HIF are actively engaged in sourcing two million metric tonnes per year of industrial-sourced CO2 for transport and utilisation at the planned Matagorda County, Texas, facility.
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