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ExxonMobil donate $600,000 to University of Louisiana for CCUS

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Picture of Molly Cooper

Molly Cooper

Journalist at Tank Storage Magazine.
People gathered in a room holding a large cheque.

ExxonMobil has announced it is helping the industries in Louisiana’s Vermilion Parish, USA to reduce their emissions and become home to a landmark CO2 transportation and storage project.

Exxon Mobil made the following contributions to the university:

  • Two $50,000 (€46,700) endowed scholarships for first-year students from Vermilion Parish who are pursuing degrees in the university’s College of Engineering or Ray P. Authement College of Sciences.
  • $500,000 (€467,000) for outreach efforts in the university’s Energy Institute of Louisiana and Kathleen Babineaux Blanco Public Policy Centre.

With these contributions, the university has reached nearly 75% of the $500 million (€467,000 million) goal for its current fundraising initiative, its largest-ever campaign.

Dan Ammann, president of ExxonMobil Low Carbon Solutions says: ‘I recently visited Vermilion Parish and saw firsthand the extraordinary capabilities of the local workforce in this community. We’re looking forward to building a carbon capture project that helps support local industries and Louisiana’s goal to achieve net zero CO2 emissions by 2050.’

‘Scaling up carbon capture and sequestration will require a new generation of young people skilled in math and science, technology and engineering. We’re excited about helping build those skills here in Louisiana,’ adds Joe Colletti, ExxonMobil Louisiana asset manager.

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