Exxon abandons Gippsland basin CCS project, but doesn’t say why

Black Tide Rising: Remembering the Exxon Valdez Disaster – The Baron

36 years ago today, on the night of March 24th, 1989, the Exxon Valdez, a gargantuan oil tanker, found herself run aground on Bligh Reef in Alaska’s Prince William Sound. From the trauma sustained from the impact, her cargo holds within were punctured and 11 million gallons of crude oil leaked out of her hull. As catastrophes go, this incident was no ordinary careless mistake or harmless screw up, it became known as one of the largest and most d…

Exxon abandons Gippsland basin CCS project, but doesn’t say why

Exxon Mobil has killed its Gippsland carbon capture and storage project running since 2022, but won't explain why.